| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Barnes and Associates | 4,600 | 4,600 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Start up cost | 2019-12-31 | 37,446 | Straight Line | 0000000035.000000000000 | 2,912 | ||||
| MacBook Pro | 2020-03-19 | 1,300 | Straight Line | 0000000005.000000000000 | 130 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Computer Equipment | 1,300 | 130 | 1,170 | 1,170 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Eckert, Seamans, Cherin Mellott, LLC | 84,584 | 58,993 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Start-up Legal Cost | 37,446 | 34,534 | 34,534 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Online System Fees | 710 | 710 | ||
| Office Supplies | 2,152 | 2,152 | ||
| Telephone and Internet | 2,640 | 2,691 | ||
| Business Registration and Licensing | 680 | 680 | ||
| Bank Service Charges | 3 | 3 | ||
| Website | 228 | 228 | ||
| Cell phone | 801 | 790 | ||
| Postage | 69 | 69 | ||
| Payroll Fees | 1,184 | 1,184 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| BOA - Payroll rewards | 120 |
| Description | Amount |
|---|---|
| Temporary Restricted Funds | 112,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Possible Web Inc | 1,250 | 1,250 | ||
| LINK - Interpretation | 370 | 370 | ||
| CT Corporation | 134 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FICA TAx | 10,190 | 10,190 | ||
| FUTA Tax | 42 | 42 | ||
| Unemployment Tax | 261 | 261 |