| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 956 | 956 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTERS | 2012-03-15 | 6,913 | 6,913 | S/L | 5.0000 | ||||
| FURNITURE | 2012-03-15 | 891 | 743 | S/L | 7.0000 | 127 | |||
| SOFTWARE | 2012-03-15 | 4,088 | 4,088 | S/L | 3.0000 | ||||
| COMPUTERS & INSTALLATION | 2013-12-11 | 1,390 | 1,135 | S/L | 5.0000 | 255 | |||
| 2 TABLES | 2013-12-23 | 150 | 86 | S/L | 7.0000 | 21 | |||
| LAND | 2013-08-12 | 27,372 | |||||||
| LAND IMPROVEMENTS | 2013-10-15 | 6,329 | |||||||
| LAND IMPROVEMENTS | 2014-07-15 | 16,372 | |||||||
| SPORTS EQUIPMENT | 2014-07-15 | 582 | 407 | S/L | 5.0000 | 117 | |||
| COMPUTER EQUIPMENT | 2015-07-15 | 1,121 | 560 | S/L | 5.0000 | 224 | |||
| DESKS & CHAIRS | 2015-05-10 | 497 | 189 | S/L | 7.0000 | 71 | |||
| AIR CONDITIONERS | 2015-05-10 | 1,369 | 730 | S/L | 5.0000 | 274 | |||
| COMPUTER EQUIPMET | 2016-03-01 | 309 | 113 | S/L | 5.0000 | 62 | |||
| AIR CONDITIONERS | 2018-03-15 | 615 | S/L | 5.0000 | 103 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT, FURNITURE & SOFTWARE | 17,925 | 16,218 | 1,707 | |
| LAND | 50,072 | 50,072 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT LEGAL FEES | 4,018 | 4,018 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| REPAIRS & MAINTENANCE | 164 | 164 | ||
| SUPPLIES | 226 | 226 | ||
| TELEPHONE & INTERNET | 225 | 225 | ||
| EDUCATION & TRAINING | 426 | 426 | ||
| CONTRIBUTIONS | 466 | 466 | ||
| BANK FEES & MISCELLANEOUS | 613 | 613 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WEB DESIGN | 500 | 500 | ||
| CONTRACT LABOR | 8,305 | 8,305 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PANAMA ANNUAL FEE | 400 | 400 | ||
| MA ANNUAL FEE | 19 | 19 | ||
| PANAMA REGISTRATION FEE | 154 | 154 | ||
| MA REGISTRATION FEE | 35 | 35 | ||
| PANAMA NOTARY FEE | 641 | 641 |