| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 17,654 | 0 | 3,531 | 14,123 |
| 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 | 2010-12-31 | 1,361 | 1,361 | SL | 5.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2011-12-31 | 33,903 | 32,658 | SL | 5.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2012-12-31 | 4,815 | 4,815 | SL | 5.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2013-12-31 | 5,552 | 3,874 | SL | 5.000000000000 | 1,110 | 0 | 1,110 | |
| EQUIPMENT | 2014-12-31 | 2,825 | 1,695 | SL | 5.000000000000 | 565 | 0 | 565 | |
| NEW 2015 DODGE DURANGO | 2015-10-06 | 42,009 | 18,904 | SL | 5.000000000000 | 8,402 | 0 | 8,402 | |
| PRODUCTION EQUIPMENT - VIDEO/ESPN | 2015-04-30 | 8,885 | 4,739 | SL | 5.000000000000 | 1,777 | 0 | 1,777 | |
| PRODUCTION EQUIPMENT - STUDIO | 2016-07-13 | 2,529 | 759 | SL | 5.000000000000 | 506 | 0 | 506 | |
| PRODUCTION EQUIPMENT - VIDEO/ESPN | 2018-11-19 | 2,598 | SL | 5.000000000000 | 43 | 0 | 43 | ||
| HDMI DSLR CAMERA | 2018-11-23 | 2,485 | SL | 5.000000000000 | 41 | 0 | 41 | ||
| HANDBALL CREATION MOLDS | 2018-12-21 | 4,100 | SL | 7.000000000000 | 0 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 1,361 | 1,361 | 0 | |
| EQUIPMENT | 33,903 | 32,658 | 1,245 | |
| EQUIPMENT | 4,815 | 4,815 | 0 | |
| EQUIPMENT | 5,552 | 4,984 | 568 | |
| EQUIPMENT | 2,825 | 2,260 | 565 | |
| NEW 2015 DODGE DURANGO | 42,009 | 27,306 | 14,703 | |
| PRODUCTION EQUIPMENT - VIDEO/ESPN | 8,885 | 6,516 | 2,369 | |
| PRODUCTION EQUIPMENT - STUDIO | 2,529 | 1,265 | 1,264 | |
| PRODUCTION EQUIPMENT - VIDEO/ESPN | 2,598 | 43 | 2,555 | |
| HDMI DSLR CAMERA | 2,485 | 41 | 2,444 | |
| HANDBALL CREATION MOLDS | 4,100 | 0 | 4,100 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ORGANIZATIONAL COSTS | 1,818 | 1,818 | 1,818 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 3,543 | 0 | 354 | 3,189 |
| WEBSITE MAINTENANCE & OPERATING COSTS | 321 | 0 | 0 | 321 |
| FED EXPRESS & POSTAGE | 20,716 | 0 | 4,143 | 16,573 |
| SPONSORSHIPS | 575 | 0 | 58 | 517 |
| TOURNAMENT HOSTING & WEBCASTING | 591,466 | 0 | 0 | 591,466 |
| ADVERTISING AND PROMOTION | 20,078 | 0 | 10,039 | 10,039 |
| OFFICE EXPENSES | 13,390 | 0 | 2,678 | 10,712 |
| INSURANCE | 15,640 | 0 | 0 | 15,640 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| TOURNAMENT ENTRIES | 11,758 | 11,758 | |
| HOST/WEBCASTING FEES | 66,064 | 66,064 | |
| ACCESS FEES & OTHER | 1,300 | 1,300 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 15,919 | 0 | 3,184 | 12,735 |