| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING-PROMISE OF HOPE | 2020-03-03 | 36,800 | SL | 2.88 % | 1,059 | ||||
| VEHICLE -TRUCK | 2020-10-23 | 24,000 | SL | 2.50 % | 24,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 24,000 | 24,000 | ||
| Buildings | 171,542 | 1,059 | 170,483 | |
| Improvements | 2,748 | 2,748 | ||
| Land | 18,374 | 18,374 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL & PROFESSIONAL FEES | 885 | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 99 | |||
| AFTERSCHOOL PROGRAM | 3,235 | |||
| CHRISTMAS WISH LIST DONATIONS | 21,150 | |||
| FINANCIAL ASSISTANCE | 11,578 | |||
| FLOWER EXPENSE | 250 | |||
| INSURANCE | 1,220 | |||
| NEIGHBOR TO NEIGHBOR | 3,775 | |||
| OFFICE EXPENSES | 1,666 | |||
| PROMOTIONAL MEALS | 2,158 | |||
| Rental Expenses | 21,818 | |||
| REPAIRS & MAINTENANCE | 4,291 | |||
| STIPENDS | 1,216 | |||
| TRANSPORTATION | 524 | |||
| UTILITIES | 1,138 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Rental Income - Noninvestment Property | 605 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OTHER LONG TERM LIABILITIES | 4,531 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REAL ESTATE TAXES | 1,698 |