| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMPILED FINANCIAL STATEMENTS | 1,590 | 1,590 | ||
| 990 PREPARATION | 900 | 900 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| TV | 2008-02-06 | 2,400 | 2,400 | S/L | 5.0000 | ||||
| VEHICLE | 2012-12-07 | 42,510 | 42,226 | S/L | 5.0000 | ||||
| PICNIC TABLES | 2018-05-25 | 5,979 | 100 | S/L | 5.0000 | 1,196 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| VEHICLE AND EQUIPMENT | 50,889 | 46,205 | 4,684 | 10,830 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| COMMUNITY MEALS / PICNIC | 5,093 | 5,093 | ||
| VEHICLE EXPENSES | 3,462 | 3,462 | ||
| VISITING NURSES EXPENSE | 910 | 910 | ||
| EMPLOYEE INCENTIVES EXPENSE | 205 | 205 | ||
| TENANT TRIP SUBSIDIES | 1,740 | 1,740 | ||
| MISCELLANEOUS EXPENSES | 193 | 193 | ||
| OFFICE EXPENSE | 89 | 89 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LOANS PAYABLE - RELATED PARTY | 6,500 | 6,500 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
LOAN RECEIVABLE - RELATED PARTY |
34,720 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAXES PAID - 990-PF TAXES | 126 | 126 |