| 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 |
|---|---|---|---|---|---|---|---|---|---|
| WEB SITE | 2012-08-09 | 2,604 | 2,604 | SL | 3.000000000000 | 0 | 0 | 0 | |
| APPLE COMPUTER | 2012-05-21 | 1,030 | 515 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| APPLE LAPTOP | 2014-11-10 | 1,549 | 1,549 | SL | 5.000000000000 | 0 | 0 | 0 | |
| APPLE COMPUTER | 2015-07-15 | 3,373 | 3,037 | SL | 5.000000000000 | 336 | 0 | 336 | |
| APPLE LAPTOP | 2020-03-28 | 3,452 | SL | 5.000000000000 | 518 | 0 | 518 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| WEB SITE | 2,604 | 2,604 | 0 | |
| APPLE LAPTOP | 1,549 | 1,549 | 0 | |
| APPLE COMPUTER | 3,373 | 3,373 | 0 | |
| APPLE LAPTOP | 3,452 | 518 | 2,934 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL AND ACCOUNTING | 23,267 | 0 | 0 | 23,267 |
| Item No. | 1 |
|---|---|
| Lender's Name | JULIE L FOLLETT |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 479776 |
| Balance Due | 479776 |
| Date of Note | 2019-06 |
| Maturity Date | 2019-06 |
| Repayment Terms | ZERO INTEREST - PAYABLE ON DEMAND |
| Interest Rate | 0.000000000000 |
| Security Provided by Borrower | NONE |
| Purpose of Loan | SHORT TERM LOAN TO FACILITATE CHARITABLE ACTIVITIES AND EXPENSES |
| Description of Lender Consideration | CASH |
| Consideration FMV | 479776 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PREPAID EXPENSES | 0 | 1,899 | 1,899 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 935 | 0 | 0 | 935 |
| COMPUTER AND INTERNET | 3,340 | 0 | 0 | 3,340 |
| CONTRACT LABOR | 114,225 | 0 | 0 | 114,225 |
| EQUIPMENT RENTAL | 1,740 | 0 | 0 | 1,740 |
| PENALTIES | 25 | 0 | 0 | 0 |
| POSTAGE AND DELIVERY | 244 | 0 | 0 | 244 |
| VENUE FEES | 1,830 | 0 | 0 | 1,830 |
| SUPPLIES | 497 | 0 | 0 | 497 |
| EVENT ENTRANCE FEES | 50 | 0 | 0 | 50 |
| WEB SITE MAINTENANCE | 1,314 | 0 | 0 | 1,314 |
| INSURANCE | 736 | 0 | 0 | 736 |
| BANK FEES | 41 | 0 | 0 | 41 |
| RENEWALS | 1,454 | 0 | 0 | 1,454 |
| MISCELLANEOUS | 675 | 0 | 0 | 675 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ONLINE EDUCATIONAL VIDEOS | 3,491 | 3,491 | |
| PODCAST INCOME | 25 | 25 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES PAYABLE | 2,361 | 1,375 |
| Name | Address |
|---|---|
| JULIE L FOLLETT |
1060 PINELLAS BAYWAY S 101 TIERRA VERDE,FL33715 |