| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 1,156 | 1,156 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE FURNITURE AND FIXTURES | 2008-01-01 | 4,873 | 4,873 | S/L | 7.0000 | ||||
| WEBSITE DEVELOPMENT - BAKER WEBB | 2009-01-23 | 2,000 | 2,000 | 3.0000 | |||||
| INDUSTRIAL SIGN - LARRY'S SIGNS | 2009-02-06 | 2,424 | 2,424 | S/L | 7.0000 | ||||
| CHAIR - VINCENT'S FURNITURE | 2009-06-09 | 738 | 738 | S/L | 7.0000 | ||||
| CHECKOUT SYSTEM - INTUIT SOFTWARE | 2009-06-29 | 1,296 | 1,296 | S/L | 5.0000 | ||||
| LAND - 5 ACRES | 2009-07-02 | 31,000 | |||||||
| LEGAL FEES | 2009-07-03 | 275 | |||||||
| LAND IMPROVEMENT - MACHINE RENTAL | 2009-07-21 | 268 | 150 | S/L | 15.0000 | 18 | 18 | ||
| LAND IMPROVEMENTS - GRAVEL | 2009-07-23 | 412 | 231 | S/L | 15.0000 | 28 | 28 | ||
| FURNITURE - VINCENT'S FURNITURE | 2009-08-21 | 1,209 | 1,209 | S/L | 7.0000 | ||||
| LAND IMPROVEMENTS - DIRT | 2009-09-04 | 1,445 | 803 | S/L | 15.0000 | 96 | 96 | ||
| CAMERA - WAL-MART | 2009-09-11 | 890 | 890 | S/L | 7.0000 | ||||
| SHRINE | 2009-09-18 | 2,996 | 2,996 | S/L | 7.0000 | ||||
| IRENN JALCUS ARTWORK | 2009-09-21 | 600 | 600 | S/L | 7.0000 | ||||
| PA SYSTEM - BAKER TECHNOLOGIES | 2009-10-14 | 3,135 | 3,135 | S/L | 7.0000 | ||||
| LAND SURVEY | 2009-10-19 | 278 | |||||||
| LAND IMPROVEMENT - MACHINE RENTAL | 2009-10-20 | 216 | 118 | S/L | 15.0000 | 14 | 14 | ||
| LAND IMPROVEMENTS - LABOR | 2009-11-16 | 3,839 | 2,069 | S/L | 15.0000 | 256 | 256 | ||
| LAND IMPROVEMENT - MACHINE RENTAL | 2009-12-21 | 132 | 71 | S/L | 15.0000 | 8 | 8 | ||
| FURNITURE | 2010-03-19 | 1,790 | 1,790 | 200DB | 7.0000 | ||||
| WATER PURIFIER | 2010-03-24 | 4,003 | 4,003 | 200DB | 7.0000 | ||||
| LAND | 2010-07-03 | 33,325 | |||||||
| VIDEO CAMERA | 2010-08-20 | 649 | 649 | 200DB | 7.0000 | ||||
| SHRINE | 2010-09-22 | 3,401 | 636 | S/L | 39.0000 | 87 | 87 | ||
| 20 X 30 STORAGE BLDG | 2010-12-19 | 13,821 | 2,495 | S/L | 39.0000 | 355 | 355 | ||
| 2012 DONATED ITEMS | 2012-11-25 | 17,100 | 17,100 | 200DB | 5.0000 | ||||
| CHURCH PEWS | 2013-03-01 | 620 | 551 | 200DB | 7.0000 | 28 | 28 | ||
| COMPUTER | 2013-03-04 | 468 | 454 | 200DB | 5.0000 | 14 | 14 | ||
| BUILDING IMPROVEMENTS | 2014-10-31 | 28,932 | 17,841 | S/L | 15.0000 | 965 | 965 | ||
| SIGN | 2018-05-05 | 3,000 | 150DB | 15.0000 | 150 | 3,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNITURE AND FIXTURES | 100,257 | 71,141 | 29,116 | |
| LAND | 64,878 | 64,878 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| INSURANCE | 291 | 291 | ||
| DUES AND SUBSCRIPTIONS | ||||
| LABOR | 300 | 300 | ||
| DONATION | ||||
| WEBSITE | 33 | 33 | ||
| BANK SERVICE CHARGE | 148 | 148 | ||
| ADVERTISING | 196 | 196 | ||
| LAYOUT & DESIGN | ||||
| REPAIRS AND MAINTENANCE - GEN | 700 | 700 | ||
| POSTAGE AND P.O. BOX RENTAL | 210 | 210 | ||
| OFFICE SUPPLIES AND EQUIPMENT | 2,098 | 2,098 | ||
| RENT | -3 | -3 | ||
| PROOFREADING |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| SALES OF RELIGIOUS MATERIAL | 12,284 | 4,806 | 7,478 |