| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 973 Galindo Ct. | 2015-02-17 | 1,035,126 | 129,423 | SL | 2.56 % | 26,541 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| General Explanation Supplemental Information for Form 990-PF | The Foundation is operating in compliance with its articles of incorporation, California law and federallaw. All expenditures are made solely for fulfilling the Foundation's purposes and there have been no self-dealing transactions. |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 8,658 | 8,658 | ||
| Buildings | 1,248,023 | 211,237 | 1,036,786 | 1,036,786 |
| Land | 464,874 | 464,874 | 464,874 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CHECK ORDER | -18 | -18 | -18 | |
| GOVERNMENT REGISTRATION FEE | 20 | 20 | 20 | |
| INSURANCE EXPENSE | 2,541 | 2,541 | 2,541 | |
| Legal & Professional Fee | 7,995 | 7,995 | 7,995 | |
| UTILITY EXPENSE | 2,208 | 2,208 | 2,208 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Rounding | 2 | 2 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FTB TAX | 11 | 11 | 11 | |
| PROPERTY TAX | 19,673 | 19,673 | 19,673 |