| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 2014-12-30 | 146,302 | 38,659 | SL | 27.500000000000 | 5,320 | 5,320 | 5,320 | |
| BUILDING IMPROVEMENTS | 2014-12-30 | 8,000 | 2,115 | SL | 27.500000000000 | 291 | 291 | 291 | |
| LAND | 2014-12-30 | 72,000 | L | 0 | 0 | 0 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| LATE FILING REASON | FORM 990PF | LATE FILING REASON: WAITING FOR IRS REINTATEMENT DETERMINATION LETTER. TAXPAYER RECEIVED THE APPROVAL LETTER ON 6/28/2019. |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 146,302 | 43,979 | 102,323 | 0 |
| BUILDING IMPROVEMENTS | 8,000 | 2,406 | 5,594 | 0 |
| LAND | 72,000 | 0 | 72,000 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGE | 167 | 0 | 0 | 167 |
| PROGRAM EXPENSE | 19,515 | 0 | 0 | 19,515 |
| MEALS | 113 | 0 | 0 | 113 |
| INTERNET | 400 | 0 | 0 | 400 |
| HOA | 4,473 | 4,473 | 4,473 | 0 |
| INSURANCE | 1,560 | 1,560 | 1,560 | 0 |
| PROPERTY TAX | 3,378 | 3,378 | 3,378 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| BANK CASH REWARD | 750 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OTHER PAYABLES | 6,000 | 6,000 |
| CREDIT CARD PAYABLE | 0 | 8,784 |