| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 181 |
| 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 | 2017-01-01 | 56,966 | S/L | 40.0000 | 1,424 | ||||
| BUILDING RENOVATIONS | 2020-07-01 | 40,000 | S/L | 40.0000 | 500 | ||||
| FLOORING | 2020-07-01 | 20,000 | S/L | 40.0000 | 250 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS | 118,864 | 2,174 | 116,690 | 116,690 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| TRAINING | 745 | |||
| INSURANCE | 1,727 | |||
| UTILITIES | 1,997 | |||
| SUPPLIES | 268 | |||
| ADVERTISING | 401 | |||
| BANK SERVICE CHARGES | 995 | |||
| DUES & SUBSCRIPTIONS | 164 | |||
| OFFICE EXPENSE | 5,558 | |||
| PROGRAM EXPENSE | 6,934 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PROGRAM SERVICE REVENUE | 1,000 | 1,000 | |
| OTHER REVENUE | 2,626 | 2,626 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| EDA LOAN | 33,753 | |
| SWIF LOAN | 3,500 | |
| CITIZENS ALLIANCE LOAN | 33,406 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 999 |