| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| accounting fees | 18,524 | 0 | 0 | 18,524 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| trademarks | 2012-01-17 | 1,500 | 592 | 15.0000 | 100 | 692 | ||
| trademarks | 2012-02-06 | 2,850 | 1,124 | 15.0000 | 190 | 1,314 |
| 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 | 2014-04-10 | 1,934 | 1,600 | 200DB | 11.52 % | 223 | |||
| Leasehold improvements | 2014-10-08 | 30,904 | 6,695 | SL | 15.0000 | 2,060 | |||
| Computer | 2015-05-01 | 989 | 704 | 200DB | 11.52 % | 114 | |||
| furnishings | 2016-06-15 | 1,806 | 939 | 200DB | 19.20 % | 347 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 1,806 | 1,286 | 520 | |
| Machinery and Equipment | 2,923 | 2,641 | 282 | |
| Improvements | 30,904 | 8,755 | 22,149 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| legal fees | 2,054 | 0 | 0 | 2,054 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Net Intangible Assets | 2,634 | 2,344 | |
| SECURITY DEPOSIT | 3,200 | 3,200 | 3,200 |
| Description | Amount |
|---|---|
| FEDERAL TAXES PAID PY | 1,181 |
| FOREIGN TAXES PAID | 469 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Amortization | 290 | |||
| Auto expense | 15,749 | 15,749 | ||
| BANK FEES | 2,787 | 2,787 | ||
| COMPUTER COSTS | 1,237 | 1,237 | ||
| DUES | 2,305 | 2,305 | ||
| gratuities | 152 | 152 | ||
| in kind goods expense | 220,677 | 220,677 | ||
| INSURANCE | 56,239 | 56,239 | ||
| INVESTMENT FEES | 179 | 179 | ||
| MEALS | 18,739 | 18,739 | ||
| OFFICE EXPENSES | 20,096 | 20,096 | ||
| OUTSIDE SERVICES | 8,254 | 8,254 | ||
| pension plan admin costs | 1,924 | 1,924 | ||
| POSTAGE | 10,463 | 10,463 | ||
| PROMOTION | 55,859 | 55,859 | ||
| rent | 41,146 | 41,146 | ||
| rent-equipment | 663 | 663 | ||
| repairs and maintenance | 4,050 | 4,050 | ||
| RESEARCH | 5,176 | 5,176 | ||
| security | 655 | 655 | ||
| supplies | 34,208 | 34,208 | ||
| TELEPHONE | 7,939 | 7,939 | ||
| travel-airfare | 32,216 | 32,216 | ||
| travel-hotel | 49,260 | 49,260 | ||
| travel-local transportation | 15,114 | 15,114 | ||
| travel-miscellaneous | 3,645 | 3,645 | ||
| website services | 13,057 | 13,057 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| reimbursed expenses | 35,928 | ||
| state tax refund | 15 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| escrow account liability | 13,850 | 17,890 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| licenses and permits | 444 | 444 | ||
| payroll taxes | 35,822 | 35,822 | ||
| state prior year | 175 | 175 |