| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting expense | 7,616 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| Wrestling mats | 2013-11-01 | 7,200 | 7,200 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| Wrestling mats-Brightwood | 2017-12-28 | 5,715 | 3,761 | 200DB | 5.000000000000 | 782 | 0 | 1,143 | |
| Wrestling mats-Monument Academy | 2017-12-28 | 5,675 | 3,735 | 200DB | 5.000000000000 | 776 | 0 | 1,135 | |
| Wrestling mats-DCI | 2017-12-28 | 5,445 | 3,582 | 200DB | 5.000000000000 | 745 | 0 | 1,089 | |
| Wrestling mats for Seed Public Charter School | 2019-12-10 | 3,476 | 174 | 200DB | 5.000000000000 | 1,321 | 0 | 695 | |
| Wrestling mats for Idea Public Charter School | 2019-12-11 | 3,476 | 174 | 200DB | 5.000000000000 | 1,321 | 0 | 695 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Wrestling mats | 7,200 | 7,200 | 0 | |
| Wrestling mats-Brightwood | 5,715 | 4,543 | 1,172 | |
| Wrestling mats-Monument Academy | 5,675 | 4,511 | 1,164 | |
| Wrestling mats-DCI | 5,445 | 4,327 | 1,118 | |
| Wrestling mats for Seed Public Charter School | 3,476 | 1,495 | 1,981 | |
| Wrestling mats for Idea Public Charter School | 3,476 | 1,495 | 1,981 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Donated shoes | 2,050 | 2,000 | 2,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Automobile expense | 15 | 0 | 0 | 0 |
| Bank charges | 64 | 0 | 0 | 0 |
| Dues and subscriptions | 2,500 | 0 | 0 | 0 |
| Licenses and permits | 80 | 0 | 0 | 0 |
| Office supplies | 323 | 0 | 0 | 0 |
| Payroll service fee | 823 | 0 | 0 | 0 |
| Web hosting fees | 517 | 0 | 0 | 0 |
| Wrestling gear | 2,404 | 0 | 0 | 0 |
| Donations | 247 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PPP 1 loan | 0 | 10,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Professional fees | 6,640 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll taxes | 4,010 | 0 | 0 | 0 |