| 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 |
|---|---|---|---|---|---|---|---|---|---|
| AUDIO VISUAL EQUIPMENT | 2009-03-30 | 4,230 | 4,230 | 200DB | 5.0000 | ||||
| SOUND SYSTEM | 2011-03-08 | 1,299 | 1,299 | 200DB | 5.0000 | ||||
| FURNITURE & FIXTURES | 2010-10-22 | 1,783 | 1,783 | 200DB | 7.0000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 7,312 | 7,312 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK CHARGES | 61 | 61 | ||
| DUES AND SUBSCRIPTIONS | 1,866 | 1,866 | ||
| INSURANCE | 2,444 | 2,444 | ||
| OFFICE EXPENSE | 2,774 | 2,774 | ||
| OUTSIDE SERVICES | 2,837 | 2,837 | ||
| PAYROLL FEES | 1,197 | 1,197 | ||
| POSTAGE | 773 | 773 | ||
| RELIGIOUS EVENTS | 22,848 | 22,848 | ||
| TELEPHONE | 297 | 297 | ||
| TRAVEL | 257 | 257 | ||
| UTILITIES | 3,320 | 3,320 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT OTHER PROFESSIONAL FEES | 695 | 695 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 222 | 222 |