| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 5,630 | 0 | 5,630 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| RUGS, CHAIRS & TABLES | 2016-08-05 | 453 | 217 | SL | 7.000000000000 | 65 | 0 | 65 | |
| TABLES & CHAIRS | 2016-09-13 | 2,395 | 1,140 | SL | 7.000000000000 | 342 | 0 | 342 | |
| CHAIRS & TABLES | 2016-10-06 | 1,704 | 790 | SL | 7.000000000000 | 243 | 0 | 243 | |
| TABLES, BINS & CLOCK | 2016-10-26 | 971 | 440 | SL | 7.000000000000 | 139 | 0 | 139 | |
| TABLES & BENCH | 2016-10-28 | 572 | 260 | SL | 7.000000000000 | 82 | 0 | 82 | |
| TABLE & BENCH | 2016-10-28 | 404 | 184 | SL | 7.000000000000 | 58 | 0 | 58 | |
| BOOKCASES | 2016-11-02 | 2,112 | 956 | SL | 7.000000000000 | 302 | 0 | 302 | |
| CHAIRS & ROLLING CART | 2016-11-02 | 732 | 332 | SL | 7.000000000000 | 105 | 0 | 105 | |
| LIGHTING FIXTURES | 2017-07-24 | 1,061 | 367 | SL | 7.000000000000 | 152 | 0 | 152 | |
| TABLES & CHAIRS | 2017-07-25 | 3,374 | 1,165 | SL | 7.000000000000 | 482 | 0 | 482 | |
| BOOKSHELVES | 2017-07-25 | 1,259 | 435 | SL | 7.000000000000 | 180 | 0 | 180 | |
| TABLES & BENCHES | 2017-07-31 | 363 | 126 | SL | 7.000000000000 | 52 | 0 | 52 | |
| LIGHTING FIXTURES | 2017-08-01 | 264 | 92 | SL | 7.000000000000 | 38 | 0 | 38 | |
| LIGHTING FIXTURES | 2017-08-07 | 733 | 254 | SL | 7.000000000000 | 105 | 0 | 105 | |
| FURNITURE | 2017-08-07 | 1,232 | 425 | SL | 7.000000000000 | 176 | 0 | 176 | |
| LIGHTING FIXTURES | 2017-08-08 | 225 | 77 | SL | 7.000000000000 | 32 | 0 | 32 | |
| FURNITURE | 2017-08-18 | 406 | 135 | SL | 7.000000000000 | 58 | 0 | 58 | |
| FIXTURES | 2017-08-18 | 510 | 170 | SL | 7.000000000000 | 73 | 0 | 73 | |
| ART SINK | 2017-08-24 | 2,400 | 800 | SL | 7.000000000000 | 343 | 0 | 343 | |
| FURNITURE | 2017-09-07 | 362 | 121 | SL | 7.000000000000 | 52 | 0 | 52 | |
| LEASEHOLD IMPROVE - PLAINS ART MUSEUM | 2019-10-31 | 245,454 | 1,049 | SL | 39.000000000000 | 6,294 | 0 | 6,294 | |
| COMPUTER EQUIPMENT | 2019-01-20 | 2,321 | 426 | SL | 5.000000000000 | 464 | 0 | 464 | |
| 2 DESKS | 2019-05-09 | 2,671 | 254 | SL | 7.000000000000 | 382 | 0 | 382 | |
| FURNITURE | 2019-06-04 | 2,329 | 194 | SL | 7.000000000000 | 333 | 0 | 333 | |
| CABINETS & SHELVING | 2019-06-06 | 3,542 | 295 | SL | 7.000000000000 | 506 | 0 | 506 | |
| FURNITURE | 2019-06-18 | 2,579 | 184 | SL | 7.000000000000 | 368 | 0 | 368 | |
| FURNITURE | 2019-07-11 | 3,253 | 232 | SL | 7.000000000000 | 465 | 0 | 465 | |
| 3 COMPUTERS | 2019-08-06 | 4,212 | 351 | SL | 5.000000000000 | 842 | 0 | 842 | |
| DESK | 2019-08-06 | 1,464 | 87 | SL | 7.000000000000 | 209 | 0 | 209 | |
| INDUSTRIAL SWEEPER | 2019-08-12 | 725 | 43 | SL | 7.000000000000 | 104 | 0 | 104 |
| Dissolution Name | Dissolution Address | Explanation | Dissolution Amount |
|---|---|---|---|
| YOUTHWORKS |
217 W ROSSER AVE BISMARCK,ND58501 |
ART SUPPLIES AND OFFICE SUPPLIES | 2,113 |
| JASMIN CHILDCARE AND PRESCHOOL |
4720 7TH AVE S SUITE E FARGO,ND58103 |
BOOKS, FURNITURE AND FIXTURES | 5,039 |
| BOYS AND GIRLS CLUB OF THE RED RIVER VALLEY |
2500 18TH ST S FARGO,ND58103 |
FURNITURE AND FIXTURES | 4,400 |
| SOMALI COMMUNITY DEVELOPMENT OF ND |
901 28TH ST S SUITE B FARGO,ND58103 |
ART SUPPLIES | 7,471 |
| ST FRANCIS THRIFT STORE |
1425 1ST AVE S FARGO,ND58103 |
ART SUPPLIES, FURNITURE AND FIXTURES | 13,291 |
| FARSTAD FOUNDATION |
PO BOX 1285 FARGO,ND58107 |
RETURN OF UNUSED GRANT FUNDS | 37,485 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES AND MEMBERSHIPS | 954 | 0 | 954 | 0 |
| VOLUNTEER APPRECIATION | 994 | 0 | 994 | 994 |
| MARKETING AND PROMOTION | 3,208 | 0 | 3,208 | 0 |
| MEALS | 145 | 0 | 145 | 0 |
| OFFICE SUPPLIES AND FIXTURES | 898 | 0 | 898 | 0 |
| WEBSITE EXPENSE | 1,734 | 0 | 1,734 | 0 |
| ART SUPPLIES | 10,950 | 0 | 10,950 | 10,950 |
| PROCESSING AND RECORDING FEES | 144 | 0 | 144 | 0 |
| FUNDRAISING EXPENSES | 172 | 0 | 172 | 0 |
| SAFETY | 1,083 | 0 | 1,083 | 0 |
| ASSETS DONATED UPON DISSOLUTION | 32,314 | 0 | 32,314 | 32,314 |
| RETURN OF UNUSED GRANT FUNDS | 37,485 | 0 | 37,485 | 37,485 |
| NET LOSS ON SOLD/DISPOSED LEASEHOLD IMPROVEMENTS AND FIXED ASSETS | 221,032 | 0 | 221,032 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISCELLANEOUS | 1,123 | 1,123 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GRAPHIC DESIGN | 21 | 0 | 21 | 21 |
| LEGAL | 738 | 0 | 738 | 0 |
| PROGRAM MANAGERS AND INSTRUCTORS | 13,600 | 0 | 13,600 | 13,600 |
| Name | Address |
|---|---|
|
FARSTAD FOUNDATION |
PO BOX 1285 FARGO,ND58107 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 5,594 | 0 | 5,594 | 5,594 |