| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Furniture & Fixtures | 2000-01-01 | 1,850 | 1,850 | SL | 5.000000000000 | 0 | 0 | 0 | |
| Machinery & Equipment | 2000-01-01 | 3,244 | 3,244 | SL | 7.000000000000 | 0 | 0 | 0 | |
| Computer | 2011-03-13 | 1,322 | 1,012 | SL | 5.000000000000 | 264 | 0 | 264 | |
| Computer | 2011-12-27 | 825 | 495 | SL | 5.000000000000 | 165 | 0 | 165 | |
| Vehicle | 2015-03-13 | 6,000 | SL | 5.000000000000 | 1,000 | 0 | 1,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture & Fixtures | 1,850 | 1,850 | 0 | |
| Machinery & Equipment | 3,244 | 3,244 | 0 | |
| Computer | 1,322 | 1,276 | 46 | |
| Computer | 825 | 660 | 165 | |
| Vehicle | 6,000 | 1,000 | 5,000 |
| Item No. | 1 |
|---|---|
| Lender's Name | Timothy Smith |
| Lender's Title | President |
| Original Amount of Loan | 13882 |
| Balance Due | 12322 |
| Date of Note | 2011-03 |
| Maturity Date | 2015-03 |
| Repayment Terms | Due at maturity |
| Interest Rate | 0.000000000000 |
| Security Provided by Borrower | N/A |
| Purpose of Loan | To pay expenses of organization |
| Description of Lender Consideration | N/A |
| Consideration FMV |
| Item No. | 2 |
|---|---|
| Lender's Name | Ben Werlin |
| Lender's Title | Director |
| Original Amount of Loan | 4500 |
| Balance Due | 4500 |
| Date of Note | 2011-02 |
| Maturity Date | 2015-02 |
| Repayment Terms | Due at maturity |
| Interest Rate | 0.000000000000 |
| Security Provided by Borrower | N/A |
| Purpose of Loan | To pay expenses of organization |
| Description of Lender Consideration | N/A |
| Consideration FMV |
| Item No. | 3 |
|---|---|
| Lender's Name | Linda James |
| Lender's Title | Director |
| Original Amount of Loan | 3000 |
| Balance Due | 2400 |
| Date of Note | 2011-10 |
| Maturity Date | 2015-10 |
| Repayment Terms | Due at maturity |
| Interest Rate | 0.000000000000 |
| Security Provided by Borrower | N/A |
| Purpose of Loan | To pay expenses of organization |
| Description of Lender Consideration | N/A |
| Consideration FMV |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Deposits | 750 | 750 | 750 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank charges | 376 | 0 | 0 | 0 |
| Books & research | 89 | 0 | 0 | 0 |
| Dues & subscriptions | 823 | 0 | 0 | 0 |
| Office Supplies | 1,070 | 0 | 0 | 0 |
| Postage & Delivery | 447 | 0 | 0 | 0 |
| Rents | 19,740 | 0 | 0 | 0 |
| Repairs | 80 | 0 | 0 | 0 |
| Supplies | 190 | 0 | 0 | 0 |
| Telephone & Utilities | 2,951 | 0 | 0 | 0 |
| Miscellaneous | 278 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Honoraria | 400 | 400 | |
| Sales of online content | 15,011 | 15,011 | |
| Miscellaneous | 943 | 943 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
Megory Anderson |
66,562 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Other Professional Fees | 186 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| State Taxes | 56 | 0 | 0 | 0 |
| Professional Licensing | 300 | 0 | 0 | 0 |
| State Filing Fees | 10 | 0 | 0 | 0 |
| DMV Fees | 670 | 0 | 0 | 0 |