| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 2,500 |
| 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 | 2007-04-19 | 3,029 | 3,029 | S/L | 7.0000 | ||||
| FURNITURE | 2007-07-30 | 2,115 | 2,115 | S/L | 7.0000 | ||||
| FURNITURE | 2007-08-30 | 837 | 837 | S/L | 7.0000 | ||||
| COMPUTER | 2007-11-23 | 217 | 217 | S/L | 7.0000 | ||||
| STORAGE CABINET | 2008-06-10 | 1,501 | 1,501 | S/L | 7.0000 | ||||
| BOOKSHELVES | 2009-12-14 | 4,389 | 4,389 | 200DB | 7.0000 | ||||
| FILE CABINETS | 2009-12-17 | 705 | 705 | 200DB | 7.0000 | ||||
| EQUIPMENT | 2006-12-31 | 2,380 | 2,380 | S/L | 7.0000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE AND EQUIPMENT | 15,173 | 15,173 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK SERVICE CHARGE | 1,305 | |||
| DUES & SUBSCRIPTIONS | 250 | |||
| JANITORIAL AND MAINTENANCE | 200 | |||
| LIBRARY & TRAINING MATERIALS | 25,071 | |||
| TELEPHONE | 4,214 | |||
| MEALS AT MEETINGS | 2,169 | |||
| OFFICE SUPPLIES | 543 | |||
| COMPUTER SUPPLIES | 1,438 | |||
| COMPUTERS FOR MINISTERS | 3,238 | |||
| POSTAGE AND DELIVERY | 1,359 | |||
| COVID 19 BENEVOLANCE TO INDIV | 12,222 | |||
| GIFTS | 751 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD PAYABLE | 15,996 | 8,177 |