| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING, TAX PREPARATION, AND PAYROLL FEES | 2,929 | 0 | 0 | 1,164 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 2018-01-01 | 378,818 | L | 0 | 0 | 0 | |||
| BUILDING | 2019-09-01 | 8,204,164 | 68,368 | SL | 40.000000000000 | 205,104 | 0 | 205,104 | |
| FURNITURE & FIXTURES | 2019-09-01 | 347,939 | 11,598 | SL | 10.000000000000 | 34,794 | 0 | 34,794 | |
| 19' KIA NIRO SUV (8631) | 2019-09-01 | 40,064 | 1,669 | SL | 8.000000000000 | 5,008 | 0 | 5,008 | |
| 19' KIA NIRO SUV (9933) | 2019-09-01 | 39,760 | 1,657 | SL | 8.000000000000 | 4,970 | 0 | 4,970 | |
| BUILDING | 2020-01-01 | 171,851 | SL | 40.000000000000 | 4,296 | 0 | 4,296 | ||
| IT EQUIPMENT | 2020-08-15 | 22,091 | SL | 5.000000000000 | 1,841 | 0 | 1,841 | ||
| PHONE SYSTEM | 2020-08-21 | 5,941 | SL | 7.000000000000 | 283 | 0 | 283 | ||
| SECURITY SYSTEM | 2020-09-01 | 3,123 | SL | 5.000000000000 | 208 | 0 | 208 | ||
| WEBSITE DEVELOPMENT | 2020-07-02 | 8,880 | SL | 5.000000000000 | 888 | 0 | 888 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 378,818 | 0 | 378,818 | |
| BUILDING | 8,204,164 | 273,472 | 7,930,692 | |
| FURNITURE & FIXTURES | 347,939 | 46,392 | 301,547 | |
| 19' KIA NIRO SUV (8631) | 40,064 | 6,677 | 33,387 | |
| 19' KIA NIRO SUV (9933) | 39,760 | 6,627 | 33,133 | |
| BUILDING | 171,851 | 4,296 | 167,555 | |
| IT EQUIPMENT | 22,091 | 1,841 | 20,250 | |
| PHONE SYSTEM | 5,941 | 283 | 5,658 | |
| SECURITY SYSTEM | 3,123 | 208 | 2,915 | |
| WEBSITE DEVELOPMENT | 8,880 | 888 | 7,992 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL EXPENSE | 16,019 | 0 | 0 | 16,019 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| TOWN CONSTRUCTION ESCROW | 25,207 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| VEHICLE EXPENSES | 2,654 | 0 | 0 | 2,654 |
| CLIENT SERVICES | 669 | 0 | 0 | 669 |
| NUTRITIONAL FOOD & SUPPLIES | 6,267 | 0 | 0 | 6,267 |
| REPAIRS & MAINTENANCE | 7,891 | 0 | 0 | 7,891 |
| OFFICE EXPENSES | 3,021 | 0 | 0 | 3,021 |
| INSURANCE | 30,282 | 0 | 0 | 30,282 |
| SUBSCRIPTIONS | 2,193 | 0 | 0 | 2,193 |
| ADVERTISING | 248 | 0 | 0 | 248 |
| INFORMATION TECHNOLOGY | 2,770 | 0 | 0 | 2,770 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ADULT DAY CARE FEES | 16,053 | 16,053 | |
| ADULT DAY CARE RENT | 6,083 | 6,083 | |
| SOLAR ELECTRICITY | 3,240 | 3,240 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES PAYABLE | 0 | 6,370 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 9,176 | 0 | 0 | 9,176 |