| 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 |
|---|---|---|---|---|---|---|---|---|---|
| EQUIPMENT | 2015-09-24 | 919,752 | 309,114 | SL | 5.000000000000 | 192,451 | 0 | 0 | |
| EQUIPMENT | 2018-08-15 | 220,545 | SL | 5.000000000000 | 22,054 | 0 | 0 | ||
| COMPUTER EQUIPMENT | 2014-04-23 | 27,606 | 6,197 | SL | 5.000000000000 | 6,076 | 0 | 0 | |
| COMPUTER EQUIPMENT | 2018-07-31 | 6,561 | SL | 5.000000000000 | 656 | 0 | 0 | ||
| FURNITURE & FIXTURES | 2017-05-31 | 23,895 | 1,707 | SL | 7.000000000000 | 3,414 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 919,752 | 501,565 | 418,187 | 418,187 |
| EQUIPMENT | 220,545 | 22,054 | 198,491 | 198,491 |
| COMPUTER EQUIPMENT | 27,606 | 12,273 | 15,333 | 15,333 |
| COMPUTER EQUIPMENT | 6,561 | 656 | 5,905 | 5,905 |
| FURNITURE & FIXTURES | 23,895 | 5,121 | 18,774 | 18,774 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LOURIE & CUTLER, PC | 1,652 | 0 | 0 | 1,652 |
| MILBANK, TWEED, HADLEY & MCCLOY | 57,002 | 0 | 0 | 57,002 |
| FOLEY & LARDNER | 10,312 | 0 | 0 | 10,312 |
| MEITER, LIQUORNIK, GEVA, LESHEM, TAL | 503 | 0 | 0 | 503 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| POSTAGE & SHIPPING | 2,579 | 0 | 0 | 2,579 |
| PAYROLL PROCESSING | 1,171 | 0 | 0 | 1,171 |
| SUPPLIES | 1,653 | 0 | 0 | 1,653 |
| TELECOMMUNICATIONS | 13,337 | 0 | 0 | 13,337 |
| INSURANCE | 10,324 | 0 | 0 | 10,324 |
| MEALS EXPENSE | 4,322 | 0 | 0 | 4,322 |
| RECRUITING COSTS | 33,332 | 0 | 0 | 33,332 |
| SHARED SERVICES | 117,857 | 0 | 0 | 117,857 |
| OPERATING MISCELLANEOUS | 12,753 | 0 | 0 | 12,753 |
| UNCAPITALIZED FURNITURE & FIXTURES | 565 | 0 | 0 | 565 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CYBERGRANTS | 52,809 | 0 | 0 | 52,809 |
| COLLABERATIVE TECHNOLOGIES | 15,190 | 0 | 0 | 15,190 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE TAXES | 1,000 | 0 | 0 | 1,000 |
| PAYROLL TAXES | 24,491 | 0 | 0 | 24,491 |