| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 9,450 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| MB PRO 15' | 2017-10-05 | 2,972 | 1,337 | SL | 5.000000000000 | 594 | 0 | 0 | |
| LG ULTRAFINE 5K 27" DISPLAY | 2017-10-05 | 1,170 | 527 | SL | 5.000000000000 | 234 | 0 | 0 | |
| (3) MP PRO 15' | 2017-10-05 | 6,660 | 2,997 | SL | 5.000000000000 | 1,332 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| MB PRO 15' | 2,972 | 1,931 | 1,041 | |
| LG ULTRAFINE 5K 27" DISPLAY | 1,170 | 761 | 409 | |
| (3) MP PRO 15' | 6,660 | 4,329 | 2,331 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,658 | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 4,761 | 0 | 0 | 4,761 |
| TELEPHONE | 4,285 | 0 | 0 | 4,285 |
| SOFTWARE AND COMPUTER COSTS | 2,514 | 0 | 0 | 2,514 |
| PROGRAM EXPENSES | 35,060 | 0 | 0 | 35,060 |
| MEALS AND ENTERTAINMENT | 13,374 | 0 | 0 | 13,374 |
| INTERNET | 5,889 | 0 | 0 | 5,889 |
| BANK FEES | 1,100 | 29 | 29 | 1,071 |
| REPAIRS, EVENTS AND SUPPLIES | 38,771 | 0 | 0 | 38,771 |
| INSURANCE | 11,428 | 0 | 0 | 11,428 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 1,710 | 1,834 |
| Name | Address |
|---|---|
| JONATHAN RUDOLPH |
3319 EGYPT VALLEY NE ADA,MI49301 |
|
NATIONAL CHRISTIAN FOUNDATION |
4670 EAST FULTON ST SUITE 204 ADA,MI49301 |
| JORDAN AND RACHEL UNDERWOOD |
1438 GRIGGS ST SE GRAND RAPIDS,MI49507 |