| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Improvements- Barn | 2016-04-15 | 4,464 | 542 | Straight line | 39.000000 | 115 | 0 | 0 | |
| Improvements- Driveway | 2016-04-15 | 4,033 | 490 | straight line | 39.000000 | 104 | 0 | 0 | |
| Improvements- Barn | 2016-04-15 | 38,493 | 4,677 | straight line | 39.000000 | 995 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Depreciation of Barn and driveway improvements | 42,494 | 5,710 | 41,280 | 46,990 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Farm Operation | 7,274 | 0 | 0 | 7,274 |
| Nonfarm Program-Related Costs | 311 | 0 | 0 | 311 |
| Other General & Administrative Costs | 1,549 | 0 | 1 | 1,549 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Fall/winter youth programs | 2,850 | 0 | 0 |
| Parent wellness retreat | 223 | 0 | 0 |
| US Treasury: Economic Injury Disaster Loan Advance | 1,000 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bookkeeping | 90 | 0 | 0 | 90 |
| Youth program facilitation | 700 | 0 | 0 | 700 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| Farm products (microgreens, eggs and goat manure) | 564 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll tax for farm manager employed January-August | 384 | 0 | 0 | 384 |