| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,755 | 1,755 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2 DESKS | 2007-11-01 | 107 | 107 | S/L | 10.0000 | ||||
| LATERAL FILE | 2007-12-01 | 477 | 477 | S/L | 10.0000 | ||||
| CHAIR MAT | 2007-12-01 | 20 | 20 | S/L | 10.0000 | ||||
| 2 DRAWER FILE | 2007-12-01 | 80 | 79 | S/L | 10.0000 | 1 | |||
| GE FRIDGE | 2008-05-01 | 133 | 121 | S/L | 6.0000 | 12 | |||
| VACUUM | 2008-05-01 | 63 | 59 | S/L | 6.0000 | 4 | |||
| MICROWAVE | 2008-05-01 | 59 | 55 | S/L | 6.0000 | 4 | |||
| COFFEEMAKER | 2008-05-01 | 27 | 26 | S/L | 6.0000 | 1 | |||
| OFFICE EQUIP | 2008-06-01 | 357 | 357 | S/L | 6.0000 | ||||
| 3 SURGE SUPR | 2008-06-01 | 135 | 135 | S/L | 10.0000 | ||||
| OFFICE EQUIP | 2008-06-01 | 397 | 397 | S/L | 10.0000 | ||||
| 2 ART PRINTS | 2009-04-01 | 500 | 458 | S/L | 10.0000 | 42 | |||
| 3 CHAIRS | 2009-01-01 | 270 | 254 | S/L | 10.0000 | 16 | |||
| 3 ACFT MONITORS | 2009-04-01 | 447 | 416 | S/L | 5.0000 | 31 | |||
| OFFICE EQUIP | 2009-04-01 | 282 | 257 | S/L | 10.0000 | 25 | |||
| 17IN LCD MON | 2009-06-01 | 139 | 139 | S/L | 5.0000 | ||||
| BUILDING | 2009-12-01 | 57,742 | 12,526 | S/L | 39.0000 | 1,481 | |||
| COMPUTER CHARGER | 2009-07-01 | 67 | 66 | S/L | 6.0000 | 1 | |||
| MONITOR | 2010-04-01 | 104 | 104 | S/L | 5.0000 | ||||
| SOFTWARE | 2012-02-01 | 211 | 210 | S/L | 3.0000 | 1 | |||
| SOFTWARE | 2014-05-01 | 141 | 141 | S/L | 3.0000 | ||||
| MICROSOFT | 2014-03-01 | 215 | 215 | S/L | 3.0000 | ||||
| COMPUTER SOFTWARE | 2017-01-01 | 165 | 76 | S/L | 3.0000 | 55 | |||
| COMPUTER SOFTWARE | 2017-04-01 | 1,104 | 414 | S/L | 3.0000 | 368 | |||
| COMPUTER SOFTWARE | 2017-05-01 | 50 | 19 | S/L | 3.0000 | 17 | |||
| COMPUTER SOFTWARE | 2017-06-01 | 313 | 91 | S/L | 3.0000 | 104 | |||
| INTERIOR VIN | 2010-11-01 | 325 | 322 | S/L | 7.0000 | 3 | |||
| EQUIPMENT | 2011-01-01 | 730 | 728 | S/L | 7.0000 | 2 | |||
| DEHUMIDIFIER | 2012-05-01 | 193 | 178 | 200DB | 7.0000 | 15 | |||
| EQUIPMENT | 2018-03-01 | 100 | 4 | 200DB | 7.0000 | 27 | |||
| COMPUTER | 2010-10-01 | 1,168 | 1,168 | S/L | 5.0000 | ||||
| PRINTER & WI | 2011-04-01 | 210 | 210 | S/L | 5.0000 | ||||
| OFFICE EQUIP | 2011-12-01 | 121 | 115 | 200DB | 7.0000 | 6 | |||
| CELLPHONE RE | 2012-05-01 | 64 | 60 | 200DB | 7.0000 | 4 | |||
| FILE CABINET | 2013-05-01 | 130 | 109 | 200DB | 7.0000 | 14 | |||
| 4 DESKTOP | 2013-11-01 | 1,200 | 1,110 | S/L | 5.0000 | 90 | |||
| LAPTOP | 2014-03-01 | 483 | 400 | S/L | 5.0000 | 83 | |||
| COMPUTER DON | 2018-05-01 | 400 | 14 | 200DB | 7.0000 | 110 | |||
| COMPUTER SOFTWARE | 2019-04-02 | 350 | 3.0000 | 19 | |||||
| HONEYWELL AIR PURIFIER | 2019-03-23 | 219 | 200DB | 7.0000 | 8 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 57,742 | 24,181 | 33,561 | 60,729 |
| 2 DESKS | 107 | 107 | 200 | |
| LATERAL FILE | 477 | 477 | 200 | |
| CHAIR MAT | 20 | 20 | 1 | |
| 2 DRAWER FILE | 80 | 80 | 40 | |
| GE FRIDGE | 133 | 133 | 50 | |
| VACUUM | 63 | 63 | 25 | |
| MICROWAVE | 59 | 59 | 10 | |
| COFFEE MAKER | 27 | 27 | 5 | |
| OFFICE EQUIPMENT | 357 | 357 | 250 | |
| 3 SURGE SUPPRESSORS | 135 | 135 | 50 | |
| OFFICE EQUIPMENT | 397 | 397 | 100 | |
| 2 ART PRINTS | 500 | 500 | 200 | |
| 3 CHAIRS | 270 | 270 | 60 | |
| 3 ACFT MONITORS | 447 | 447 | 75 | |
| OFFICE EQUIPMENT | 282 | 282 | 100 | |
| 17 IN LCD MONITOR | 139 | 139 | 50 | |
| COMPUTER CHAIR | 67 | 67 | 25 | |
| MONITOR | 104 | 104 | 25 | |
| SOFTWARE | 211 | 211 | 50 | |
| SOFTWARE | 141 | 141 | 100 | |
| MICROSOFT OFFICE | 215 | 215 | 200 | |
| INTERIOR VINYL | 325 | 325 | 275 | |
| EQUIPMENT | 730 | 730 | 600 | |
| DEHUMIDIFIER | 193 | 193 | 175 | |
| COMPUTER | 1,168 | 1,168 | 400 | |
| PRINTER & WIFI | 210 | 210 | 150 | |
| OFFICE EQUIPMENT | 121 | 121 | 70 | |
| CELL PHONE | 64 | 64 | 5 | |
| FILE CABINET | 130 | 130 | 100 | |
| 4 DESKTOP COMPUTERS | 1,200 | 1,200 | 800 | |
| LAPTOP | 483 | 483 | 200 | |
| SOFTWARE | 1,319 | 1,319 | 1,300 | |
| SOFTWARE | 313 | 313 | 250 | |
| OFFICE EQUIPMENT | 100 | 100 | 100 | |
| COMPUTER DONATED | 400 | 400 | 400 | |
| HONEYWELL AIR PURIFIER | 219 | 219 | 225 | |
| COMPUTER SOFTWARE | 350 | 350 | 350 | |
| LAND | 2,987 | 2,987 | 3,000 |
| Item No. | 1 |
|---|---|
| Lender's Name | MORTGAGE 412124 WESTERN BANK |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | |
| Balance Due | 35,527 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING | 107 | 107 | ||
| EQUIPMENT RENTAL AND MAINTENA | 2,798 | 2,798 | ||
| INSURANCE | 6,134 | 6,134 | ||
| LICENSE FEES | 445 | 445 | ||
| OFFICE SUPPLIES | 4,499 | 4,499 | ||
| OUTSIDE CONTRACT SERVICES | 3,573 | 3,573 | ||
| POSTAGE | 355 | 355 | ||
| PAYROLL SERVICE FEES | 359 | 359 | ||
| RESEARCH SERVICES | 51 | 51 | ||
| SUPPLIES | 466 | 466 | ||
| STATE RENEWAL FEE | 25 | 25 | ||
| TELEPHONE | 7,477 | 7,477 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
UTILITY DEPOSITS |
150 |
| Name | Address |
|---|---|
|
STATE OF MINNESOTA BOARD |
311 SECOND AVE S MINNEAPOLIS,MN55401 |
|
LEECH LAKE BAND OF OJIBWE |
16126 JOHN MOOSE DRIVE NW CASS LAKE,MN56633 |
|
WHITE EARTH TRIBAL COUNCIL |
PO BOX 418 WHITE EARTH,MN56591 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 30,994 | 30,994 |