| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 750 |
| 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 | 2008-01-01 | 926 | 926 | 200DB | 7.0000 | ||||
| OFFICE FURNITURE | 2010-04-30 | 1,491 | 1,491 | 200DB | 7.0000 | ||||
| I-PAD COMPUTER | 2010-09-20 | 866 | 866 | 200DB | 5.0000 | ||||
| DESK & CHAIR | 2011-06-02 | 120 | 120 | 200DB | 7.0000 | ||||
| TABLES | 2012-05-02 | 631 | 631 | 200DB | 5.0000 | ||||
| COMPUTER | 2012-11-15 | 4,400 | 4,400 | 200DB | 5.0000 | ||||
| AUDIO EQUIPMENT | 2015-11-17 | 622 | 316 | 200DB | 7.0000 | 87 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE EQUIPMENT | 9,055 | 8,837 | 218 | 221 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PASTORS CONFERENCE | ||||
| CONFERENCE SPEAKERS | 4,054 | 2,128 | 1,926 | |
| COST OF GOODS SOLD | 2,117 | 2,117 | ||
| EXPENSES | ||||
| BANK FEES | 2 | |||
| OFFICE SUPPLIES | 551 | |||
| OUTSIDE CONTRACT SERVICES | 646 | |||
| PAYPAL FEES | 122 | |||
| POSTAGE & DELIVERY | 17 | |||
| WEB SERVICES | 1,344 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PASTORS CONFERENCE | 4,245 | 4,245 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITY | 593 | 1,105 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| SALE OF CHRISTIAN BOOKS | 2,346 | 2,675 | -329 |