| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting fees | 7,500 | 0 | 0 | 7,500 |
| 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 | 2014-07-29 | 1,500 | 1,375 | SL | 3.0000 | 125 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 1,500 | 1,500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal Fees | 125 | 0 | 0 | 125 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Advertising | 29 | 29 | ||
| Bank Service Charges | 154 | 154 | ||
| Dues and subscriptions | 528 | 528 | ||
| Information technology expense | 2,679 | 2,679 | ||
| Insurance | 3,130 | 3,130 | ||
| Meals and entertainment | 36,914 | 36,914 | ||
| Office expense | 249 | 249 | ||
| Program support and studies | 24,256 | 24,256 | ||
| Telephone expense | 881 | 881 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Payroll liability | 1,622 | 293 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Other professional fees | 201,047 | 0 | 0 | 201,047 |
| Scholars and consultants | 72,876 | 0 | 0 | 72,876 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll taxes | 5,555 | 5,555 |