| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,500 | 1,500 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER | 2010-12-31 | 2,192 | 1,753 | S/L | 5.0000 | 439 | |||
| COMPUTER | 2014-05-31 | 1,578 | 184 | S/L | 5.0000 | 316 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 3,770 | 2,692 | 1,078 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| EDITORIAL EXPENSES | 3,936 | 3,936 | ||
| DISTRIBUTION EXPENSES | ||||
| AUTHOR FEES | ||||
| VEHICLE | 2,100 | 2,100 | ||
| READINGS , RECEPTIONS AND PRE | 5,841 | 5,841 | ||
| BANK FEES | 684 | 684 | ||
| TELEPHONE | 3,960 | 3,960 | ||
| WEBSITE AND INTERNET | 3,141 | 3,141 | ||
| OFFICE SUPPLIES AND POSTAGE | 1,392 | 1,392 | ||
| MEAL AND ENTERTAINMENT | 7,426 | 7,426 | ||
| BUSINESS GIFTS | ||||
| NJ ANNUAL REPORT | 53 | 53 | ||
| OTHER PROFESSIONAL FEES | ||||
| FINANCE CHARGES | 339 | 339 | ||
| ADMINISTRATIVE SERVICES | ||||
| DONATIONS | ||||
| PERIODICALS AND BOOKS | 200 | 200 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CAED BALANCE | 849 | 1,243 |
| OFFICER LOAN | 14,650 |