| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEE | 9,341 | 0 | 0 | 9,341 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 2014-12-30 | 146,302 | 43,979 | SL | 27.500000000000 | 5,320 | 5,320 | 5,320 | |
| BUILDING IMPROVEMENTS | 2014-12-30 | 8,000 | 2,406 | SL | 27.500000000000 | 291 | 291 | 291 | |
| LAND | 2014-12-30 | 72,000 | L | 0 | 0 | 0 | |||
| OVEN | 2019-10-22 | 532 | SL | 5.000000000000 | 9 | 9 | 9 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 146,302 | 49,299 | 97,003 | 514,000 |
| BUILDING IMPROVEMENTS | 8,000 | 2,697 | 5,303 | 8,000 |
| LAND | 72,000 | 0 | 72,000 | 72,000 |
| OVEN | 532 | 9 | 523 | 523 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER RECEIVABLE | 11,492 | 11,492 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGE | 9 | 0 | 0 | 9 |
| PROGRAM EXPENSE | 2,437 | 0 | 0 | 2,437 |
| POSTAGE | 16 | 0 | 0 | 17 |
| INTERNET | 440 | 0 | 0 | 440 |
| FILING FEE | 855 | 0 | 0 | 855 |
| PARKING | 37 | 0 | 0 | 37 |
| PENALTY | 2,379 | 0 | 0 | 0 |
| INTEREST EXPENSE | 58 | 58 | 58 | 0 |
| HOA | 5,460 | 5,460 | 5,460 | 0 |
| INSURANCE | 1,136 | 1,136 | 1,136 | 0 |
| PROPERTY TAX | 3,447 | 3,447 | 3,447 | 0 |
| FILING FEE | 116 | 116 | 116 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OTHER PAYABLES | 6,000 | 0 |
| CREDIT CARD PAYABLE | 8,784 | 16,999 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| IRS TAX | 643 | 643 | 643 | 0 |