| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 27,043 | 0 | 0 | 27,043 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE AND FIXTURES | 2015-01-26 | 11,801 | 11,801 | SL | 7.000000000000 | 0 | 0 | 0 | |
| COMPUTERS AND EQUIPMENT | 2015-01-26 | 6,145 | 6,145 | SL | 5.000000000000 | 0 | 0 | 0 | |
| FURNITURE AND FIXTURES | 2016-04-01 | 6,785 | 5,088 | SL | 5.000000000000 | 1,357 | 0 | 1,357 | |
| SOFTWARE | 2016-11-01 | 22,900 | 22,900 | SL | 3.000000000000 | 0 | 0 | 0 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| STATEMENT OF ASSETS & ACCUMULATED DEPRECIATION | PART II, PAGE 2 LINE 14 | FOR YEAR ENDED 2020 FOR YEAR ENDED 2019LAND, BUILDINGS, AND EQUIPMENT: BASISFURNITURES & FIXTURES 18,586 18,586 COMPUTER EQUIPMENT 6,145 6,145 SOFTWARE 22,900 22,900ACCUMULATED DEPRECIATION:FURNITURES & FIXTURES (18,246) (16,889)COMPUTER EQUIPMENT (6,145) (6,145)COMPUTER SOFTWARE (22,900) (22,900) |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE AND FIXTURES | 11,801 | 11,801 | 0 | |
| COMPUTERS AND EQUIPMENT | 6,145 | 6,145 | 0 | |
| FURNITURE AND FIXTURES | 6,785 | 6,445 | 340 | |
| SOFTWARE | 22,900 | 22,900 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 56,537 | 0 | 0 | 56,537 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| SECURITY DEPOSITS | 28,215 | 28,215 | 28,215 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMMUNICATIONS | 11,979 | 0 | 0 | 11,979 |
| EVENT COSTS | 348 | 0 | 0 | 348 |
| FILING FEES | 124 | 0 | 0 | 124 |
| INSURANCE EXPENSE | 12,410 | 0 | 0 | 12,410 |
| MEMBERSHIP DUES | 993 | 0 | 0 | 993 |
| MISCELLANEOUS EXPENSES | 816 | 0 | 0 | 816 |
| OFFICE EXPENSE | 19,096 | 0 | 0 | 19,096 |
| PAYROLL SERVICE FEES | 37,927 | 0 | 0 | 37,927 |
| POSTAGE AND SHIPPING | 343 | 0 | 0 | 343 |
| WEBSITE | 17,897 | 0 | 0 | 17,897 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES | 17,583 | 0 | 0 | 17,583 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 56,862 | 0 | 0 | 56,862 |