| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 12,250 | 0 | 0 | 14,750 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| TRAILER | 2017-04-01 | 4,674 | 701 | SL | 5.000000000000 | 935 | 0 | 935 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| TRAILER | 4,674 | 1,636 | 3,038 | 3,038 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM JUNIOR GOLF HUB | 20,000 | 12,950 | 12,950 |
| ORGANIZATIONAL COSTS | 23,426 | ||
| DUE FROM GOLF PERFORMANCE CENTER | 45,251 | 45,251 |
| Description | Amount |
|---|---|
| ADJUSTMENTS MADE TO ADJUST TO ACCRUAL BASIS GAAP BALANCES | 156,098 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TOURNAMENT SPONSOR | 4,221 | 0 | 0 | 4,221 |
| TOURNAMENT EXPENSES | 12,197 | 0 | 6,197 | 5,159 |
| TUTORS | 10,040 | 0 | 0 | 15,311 |
| SUPPLIES | 18,300 | 0 | 0 | 20,789 |
| AUTO LEASE | 9,721 | 0 | 0 | 9,084 |
| MISCELLANEOUS | 663 | 0 | 0 | 663 |
| MARKETING | 2,160 | 0 | 0 | 2,160 |
| OFFICE EXPENSES | 14,739 | 0 | 0 | 9,110 |
| INSURANCE | 2,220 | 0 | 0 | 0 |
| PAYROLL PROCESSING FEES | 7,071 | 0 | 0 | 7,071 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| GPC TOURNAMENT INCOME | 7,132 | 7,132 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO GOLF PERFORMANCE CENTER | 21,200 | 0 |
| DUE TO JUNIOR GOLF HUB | 50 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTANTS | 34,550 | 0 | 0 | 34,550 |
| Name | Address |
|---|---|
| JOHN FOSTER |
71 OLD BELDEN HILL ROAD WILTON,CT06897 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 15,468 | 0 | 0 | 15,468 |