| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER AND FURNITURE | 2019-07-01 | 4,000 | 0 | M | 5 | 1,280 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COMPUTER | 4,000 | 1,280 | 2,720 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 275 | 0 | 0 | 0 |
| INTERNET AND WEBSITE | 1,101 | 0 | 0 | 0 |
| DUES AND SUBSCRIPTIONS | 579 | 0 | 0 | 0 |
| OFFICE SUPPLIES | 35 | 0 | 0 | 0 |
| POSTAGE | 99 | 0 | 0 | 0 |
| EDUCATION | 595 | 0 | 0 | 0 |
| LICENSES | 80 | 0 | 0 | 0 |
| ADVERTISING | 1,036 | 0 | 0 | 0 |
| FUNDRAISER EXPENSE | 1,642 | 0 | 0 | 0 |
| CONTRACT LABOR | 10,345 | 0 | 0 | 0 |