| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 17,668 | 0 | 3,534 | 14,134 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| EQUIPMENT | 2010-12-31 | 1,361 | 1,361 | SL | 5.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2011-12-31 | 33,903 | 32,658 | SL | 5.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2012-12-31 | 4,815 | 4,815 | SL | 5.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2013-12-31 | 5,552 | 4,984 | SL | 5.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2014-12-31 | 2,825 | 2,825 | SL | 5.000000000000 | 0 | 0 | 0 | |
| PRODUCTION EQUIPMENT - VIDEO/ESPN | 2015-04-30 | 8,885 | 8,293 | SL | 5.000000000000 | 592 | 0 | 592 | |
| PRODUCTION EQUIPMENT - STUDIO | 2016-07-13 | 2,529 | 1,771 | SL | 5.000000000000 | 506 | 0 | 506 | |
| PRODUCTION EQUIPMENT - VIDEO/ESPN | 2018-11-19 | 2,598 | 563 | SL | 5.000000000000 | 520 | 0 | 520 | |
| HDMI DSLR CAMERA | 2018-11-23 | 2,485 | 538 | SL | 5.000000000000 | 497 | 0 | 497 | |
| HANDBALL CREATION MOLDS | 2018-12-21 | 4,100 | 586 | SL | 7.000000000000 | 586 | 0 | 586 | |
| 2019 DODGE RAM | 2019-11-25 | 87,567 | 1,168 | SL | 5.000000000000 | 14,010 | 0 | 14,010 | |
| MIXERBOARD AND DIGILINK CAMERA LINK | 2019-01-10 | 2,045 | 409 | SL | 5.000000000000 | 409 | 0 | 409 | |
| MACBOOK PRO | 2019-02-20 | 1,751 | 292 | SL | 5.000000000000 | 350 | 0 | 350 | |
| TWO NEW CAMERAS | 2019-12-20 | 2,598 | SL | 5.000000000000 | 520 | 0 | 520 | ||
| NEW CAMERA & LENS | 2020-07-30 | 6,068 | SL | 5.000000000000 | 506 | 0 | 506 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 1,361 | 1,361 | 0 | |
| EQUIPMENT | 33,903 | 32,658 | 1,245 | |
| EQUIPMENT | 4,815 | 4,815 | 0 | |
| EQUIPMENT | 5,552 | 4,984 | 568 | |
| EQUIPMENT | 2,825 | 2,825 | 0 | |
| PRODUCTION EQUIPMENT - VIDEO/ESPN | 8,885 | 8,885 | 0 | |
| PRODUCTION EQUIPMENT - STUDIO | 2,529 | 2,277 | 252 | |
| PRODUCTION EQUIPMENT - VIDEO/ESPN | 2,598 | 1,083 | 1,515 | |
| HDMI DSLR CAMERA | 2,485 | 1,035 | 1,450 | |
| HANDBALL CREATION MOLDS | 4,100 | 1,172 | 2,928 | |
| 2019 DODGE RAM | 87,567 | 15,178 | 72,389 | |
| MIXERBOARD AND DIGILINK CAMERA LINK | 2,045 | 818 | 1,227 | |
| MACBOOK PRO | 1,751 | 642 | 1,109 | |
| TWO NEW CAMERAS | 2,598 | 520 | 2,078 | |
| NEW CAMERA & LENS | 6,068 | 506 | 5,562 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ORGANIZATIONAL COSTS | 1,818 | 1,818 | 1,818 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 2,107 | 0 | 58 | 521 |
| WEBSITE MAINTENANCE & OPERATING COSTS | 2,058 | 0 | 0 | 2,058 |
| FED EXPRESS & POSTAGE | 5,445 | 0 | 1,089 | 4,356 |
| TOURNAMENT HOSTING & WEBCASTING | 165,759 | 0 | 0 | 165,759 |
| ADVERTISING AND PROMOTION | 11,013 | 0 | 5,507 | 5,507 |
| OFFICE EXPENSES | 11,052 | 0 | 2,210 | 8,842 |
| INSURANCE | 28,678 | 0 | 0 | 28,678 |
| SPONSORSHIPS | 579 | 0 | 58 | 521 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| TOURNAMENT ENTRIES | 6,247 | 6,247 | |
| HOST/WEBCASTING FEES | 2,253 | 2,253 |
| Description | Amount |
|---|---|
| DONATION OF OFFICE SPACE | 65,250 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 15,839 | 0 | 3,168 | 12,671 |