| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Fixed Assets | 2015-12-31 | 7,650 | 7,650 | various | 0000000010.000000000000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Totals | 7,650 | 7,650 |
| Item No. | 1 |
|---|---|
| Lender's Name | Due to Officer |
| Lender's Title | |
| Original Amount of Loan | |
| Balance Due | 75 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Insurance | 84,946 | 84,946 | ||
| Office Expense | 6,386 | 6,386 | ||
| Charity | 2,250 | 2,250 | ||
| Dues Subscriptions | 6,699 | 6,699 | ||
| Licenses Permits | 9,828 | 9,828 | ||
| Consultant | 36,000 | 36,000 | ||
| Miscellaneous | 474 | 250 | 224 | |
| Project Costs | 1,532,339 | 1,531,148 | ||
| Business Development | 4,000 | 4,000 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Medical Education | 2,108,072 | 2,108,072 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Other Professional Fees | 18,715 | 18,715 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Federal employment taxes | 17,526 | 17,526 | ||
| State employment taxes | 686 | 686 | ||
| Local property taxes | 722 | 722 | ||
| Other taxes | 292 | 292 |