| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 4,111 | 2,056 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| REFRIGERATOR | 2015-01-27 | 1,045 | 817 | 200DB | 7.0000 | 65 | |||
| 80 FOLDING CHAIRS | 2015-03-15 | 1,423 | 1,112 | 200DB | 7.0000 | 89 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS & LANDS | 5,683,621 | 2,083 | 5,681,538 | 5,683,621 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| UNINVESTED RECEIPTS | 120,000 | 50,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK SERVICE CHARGES | 150 | 150 | ||
| LICENSES & FEES | 72 | 72 | ||
| EMPLOYMENT INSURANCE | 1,634 | 1,634 | ||
| LAND ACQUISITION EXPENSES | -14,275 | -14,275 | ||
| LEGAL FEES | 810 | 810 | ||
| MEDITATION PROPERTY EXPENSES | 25,974 | 25,974 | ||
| OFFICE EXPENSE | 87 | 87 | ||
| ROADSIDE MAINTENANCE | 650 | 650 | ||
| SECURITY ALARM EXPENSE | 515 | 515 | ||
| UTILITIES | 8,288 | 8,288 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL WITHHOLDING TAXES | 1,123 | 1,473 |
| TACTICAL INVESTMENT MGT CORP. | 100,000 |