| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 350 | 0 | 0 | 0 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| ORGANIZATION EXPENSE | 2013-12-04 | 2,478 | 1,004 | 15 | 165 | 0 | 0 | 1,169 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| ACER COMPUTER | 2013-12-01 | 390 | 390 | M | 5 | 0 | 0 | 0 | |
| OFFICE EQUIPMENT | 2015-12-01 | 4,457 | 4,031 | M | 5 | 426 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| ACCUM DEPREC | 4,847 | 4,847 | 0 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | MIKE HAVIS |
| Lender's Title | OFFICER |
| Original Amount of Loan | 1625 |
| Balance Due | 0 |
| Date of Note | 2020-12 |
| Maturity Date | 2025-12 |
| Repayment Terms | |
| Interest Rate | 0 |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| NET INTANGIBLE ASSETS | 1,474 | 1,309 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISE EXPENSE | 168 | 0 | 0 | 0 |
| AUTO EXPENSE | 39 | 0 | 0 | 0 |
| INTERNET EXPENSE | 974 | 0 | 0 | 0 |
| INSURANCE | 54 | 0 | 0 | 0 |
| OFFICE EXPENSE | 372 | 0 | 0 | 0 |
| POSTAGE | 272 | 0 | 0 | 0 |
| LICENSE & FEES | 20 | 0 | 0 | 0 |
| REPAIRS & MAINTENANCE | 90 | 0 | 0 | 0 |
| TELEPHONE | 1,708 | 0 | 0 | 0 |
| UTLITIES | 135 | 0 | 0 | 0 |
| WEBSITE | 390 | 0 | 0 | 0 |
| ORGANIZATION EXPENSE | 165 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME | 4,843 | 0 | 0 |