| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 5,850 | 2,925 | 0 | 2,925 |
| 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 EQUIPMENT | 2013-12-20 | 1,754 | 1,587 | 200DB | 9.58 % | 167 | |||
| OFFICE EQUIPMENT | 2015-02-17 | 432 | 307 | 200DB | 11.52 % | 50 | |||
| OFFICE EQUIPMENT | 2015-05-01 | 789 | 561 | 200DB | 11.52 % | 91 | |||
| COMPUTER | 2016-09-28 | 1,589 | 826 | 200DB | 19.20 % | 305 | |||
| IPAD | 2017-09-27 | 1,055 | 158 | 200DB | 34.00 % | 359 | |||
| COMPUTER | 2017-12-01 | 2,749 | 137 | 200DB | 38.00 % | 1,045 | |||
| COMPUTER | 2017-12-24 | 1,500 | 75 | 200DB | 38.00 % | 570 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Miscellaneous | 48,581 | 44,950 | 3,631 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 135 | 68 | 67 | |
| DUES & SUBSCRIPTIONS | 478 | 239 | 239 | |
| INSURANCE | 39,241 | 19,621 | 19,620 | |
| MISCELLANEOUS | 51 | 26 | 25 | |
| OFFICE EXPENSE | 2,552 | 1,276 | 1,276 | |
| OUTSIDE SERVICES | 29,025 | 14,513 | 14,512 | |
| POSTAGE | 7,514 | 3,757 | 3,757 | |
| REIMBURSED EXPENSES | 24,765 | 12,383 | 12,382 | |
| STORAGE | 1,308 | 654 | 654 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEE | 22,110 | 22,110 | 0 | 11,055 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID ON INVESTMENTS | 665 | 333 | 332 | |
| INCOME TAXES | 2,908 | 1,454 | 1,454 | |
| PAYROLL TAXES | 4,140 | 2,070 | 2,070 |