| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Camp Land and Buildings | 2018-02-02 | 400,000 | 0 | NDA | 0 | 0 | 0 | ||
| Furniture and equipment | 2018-06-01 | 3,200 | 0 | NDA | 0 | 0 | 0 | ||
| Furniture and equipment | 2020-07-01 | 7,550 | 0 | NDA | 0 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| furniture and equipment | 6,275 | 0 | 6,275 | 0 |
| Building and land | 579,475 | 0 | 579,475 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| start up | 5,015 | 5,015 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| total operations | 4,940 | 0 | 0 | 0 |
| other business costs | 877 | 0 | 0 | 0 |
| employee gifts | 250 | 0 | 0 | 0 |
| Refunds | 900 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Insurance refund | 1,112 | 0 | 0 |
| Clothing | 363 | 0 | 0 |
| Misc rev | 3,120 | 0 | 0 |
| Yard sale | 5,232 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Payroll | 11,042 | 15,055 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| other professional | 775 | 0 | 0 | 0 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| Family Bible camp - other | 0 | 0 | 0 |
| Camp programs | 52,453 | 0 | 52,453 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| payroll taxes | 5,163 | 0 | 0 | 0 |