| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER | 2013-07-15 | 914 | 914 | 200DB | 5.0000 | ||||
| COMPUTER | 2013-12-31 | 833 | 833 | 200DB | 5.0000 | ||||
| KWIK GOALS | 2014-06-13 | 7,321 | 6,178 | 200DB | 7.0000 | 326 | |||
| MACBOOK FOR CORA | 2015-05-14 | 1,729 | 1,480 | 200DB | 5.0000 | 99 | |||
| IPAD | 2017-12-20 | 1,156 | S/L | 5.0000 | 231 | ||||
| TURF, PLASTIC FIELD BOARDS, LIGHTS | 2017-03-07 | 25,000 | 534 | S/L | 39.0000 | 641 | |||
| TURF, PLASTIC FIELD BOARDS, LIGHTS | 2017-07-10 | 25,000 | 321 | S/L | 39.0000 | 641 | |||
| ELECTRIC SIGN FOR BUILDING - ALLIED | 2017-08-23 | 2,540 | 121 | S/L | 7.0000 | 363 | |||
| HUDL COMPUTER PROGRAM | 2018-04-11 | 4,200 | S/L | 3.0000 | 1,050 | ||||
| ZOOM REPORTS COMPUTER PROGRAM | 2018-08-15 | 500 | S/L | 3.0000 | 69 | ||||
| MY PERSONAL FOOTBALL COACH COMPUTER PROGRAM | 2018-08-21 | 2,235 | S/L | 3.0000 | 248 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COMPUTERS | 4,631 | 3,557 | 1,074 | 1,400 |
| SOCCER EQUIPMENT | 7,321 | 6,504 | 817 | 3,800 |
| LEASEHOLD IMPROVEMENTS | 50,000 | 2,137 | 47,863 | 44,000 |
| SIGN | 2,540 | 484 | 2,056 | |
| COMPUTER SOFTWARE | 6,935 | 1,367 | 5,568 | 6,500 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PREPAID RENT AND SECURITY DEPOSIT | 6,000 | 6,000 | 6,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING | 650 | 650 | ||
| BANK SERVICE CHARGES | 15 | 15 | ||
| CLUB/TRAINING EQUIPMENT AND S | 4,345 | 4,345 | ||
| FIELD USAGE FEES | 1,567 | 1,567 | ||
| INSURANCE | 2,000 | 2,000 | ||
| MAX CUP TOURNAMENT EXPENSES | 55,948 | 55,948 | ||
| MISCELLANEOUS | 405 | 405 | ||
| OFFICE SUPPLIES | 969 | 969 | ||
| PRINTING AND REPRODUCTION | 197 | 197 | ||
| REAL TICKETS | 8,180 | 8,180 | ||
| REF, FIELD ASSIGNOR, STATE/DI | 6,876 | 6,876 | ||
| REGISTRATION EXPENSE | 5,666 | 5,666 | ||
| REPAIRS AND MAINTENANCE EXPEN | 2,634 | 2,634 | ||
| SUPPLIES | 1,015 | 1,015 | ||
| TELEPHONE EXPENSES | 240 | 240 | ||
| TRAINER FEES AND TRAINING EXP | 106,122 | 106,122 | ||
| TRYOUTS EXPENSE | 4,494 | 4,494 | ||
| WEBSITE EXPENSES | 595 | 595 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| REGISTRATION INCOME | 217,830 | 217,830 | |
| TOURNAMENT INCOME | 81,487 | 81,487 | |
| TEAM UNIFORMS AND APPAREL | 1,195 | 1,195 | |
| TRAINING AND CAMPS INCOME | 4,580 | 4,580 | |
| TRYOUT FEES INCOME | 5,857 | 5,857 | |
| OTHER MISCELLANEOUS INCOME | 2,435 | 2,435 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT TAXES/LICENSES | 10 |