| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 9,140 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| MB PRO 15' | 2017-10-05 | 2,972 | 149 | SL | 5.000000000000 | 594 | 0 | 0 | |
| LG ULTRAFINE 5K 27" DISPLAY | 2017-10-05 | 1,170 | 59 | SL | 5.000000000000 | 234 | 0 | 0 | |
| (3) MP PRO 15' | 2017-10-05 | 6,660 | 333 | SL | 5.000000000000 | 1,332 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| MB PRO 15' | 2,972 | 743 | 2,229 | |
| LG ULTRAFINE 5K 27" DISPLAY | 1,170 | 293 | 877 | |
| (3) MP PRO 15' | 6,660 | 1,665 | 4,995 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,245 | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 6,070 | 0 | 0 | 6,070 |
| TELEPHONE | 3,235 | 0 | 0 | 3,235 |
| SOFTWARE AND COMPUTER COSTS | 1,462 | 0 | 0 | 1,462 |
| PROGRAM EXPENSES | 64,319 | 0 | 0 | 64,319 |
| MEALS AND ENTERTAINMENT | 23,989 | 0 | 0 | 23,989 |
| INTERNET | 3,490 | 0 | 0 | 3,490 |
| BANK FEES | 1,596 | 12 | 12 | 1,584 |
| REPAIRS, EVENTS AND SUPPLIES | 25,791 | 0 | 0 | 25,791 |
| INSURANCE | 9,806 | 0 | 0 | 9,806 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 2,896 | 2,054 |
| Name | Address |
|---|---|
| JONATHAN RUDOLPH |
4020 YARROW NE GRAND RAPIDS,MI49505 |
|
NATIONAL CHRISTIAN FOUNDATION |
4670 EAST FULTON ST SUITE 204 ADA,MI49301 |