| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 17127 RUSHMORE DR, WESTFIELD, IN | 2017-07-05 | 191,433 | 13,922 | SL | 27.500000000000 | 6,961 | 0 | 0 | |
| 2719 CAHOKIA COURT, INDIANAPOLIS | 2018-06-04 | 175,854 | 10,125 | SL | 27.500000000000 | 6,395 | 0 | 0 | |
| 11331 E 10TH ST, INDIANAPOLIS | 2019-07-31 | 165,746 | 2,511 | SL | 27.500000000000 | 5,525 | 0 | 0 | |
| 1135 N CARROLL WHITE DR, INDIANAPOLIS | 2019-05-29 | 153,295 | 3,252 | SL | 27.500000000000 | 5,574 | 0 | 0 | |
| LAPTOP - SHAY | 2019-05-26 | 957 | 112 | SL | 5.000000000000 | 191 | 0 | 0 | |
| 2 COMPUTERS | 2019-09-22 | 1,567 | 78 | SL | 5.000000000000 | 313 | 0 | 0 | |
| WEBSITE | 2019-10-10 | 1,410 | 71 | SL | 5.000000000000 | 282 | 0 | 0 | |
| SECTIONAL FURNITURE | 2020-08-06 | 2,265 | SL | 7.000000000000 | 135 | 0 | 0 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990-PF, PART VII-B, LINES 1A(3) AND 1B | PART VII-B, LINE 1A(3) HAS BEEN ANSWERED "YES" BECAUSE ROBERT SCANNELL IS A SUBSTANTIAL CONTRIBUTOR TO RJS FOUNDATION, INC. AND THEREFORE A DISQUALIFIED PERSON. HE PROVIDES "SERVICE" TO THE ORGANIZATION BY SERVING ON ITS BOARD. LINE 1B IS ANSWERED "NO" BECAUSE HE IS NOT COMPENSATED AND THIS SERVICE QUALIFIES UNDER THE EXCEPTIONS DESCRIBED IN REGULATIONS SECTION 53.4941(D)-3. |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 17127 RUSHMORE DR, WESTFIELD, IN | 191,433 | 20,883 | 170,550 | |
| 2719 CAHOKIA COURT, INDIANAPOLIS | 175,854 | 16,520 | 159,334 | |
| 1135 N CARROLL WHITE DR, INDIANAPOLIS | 153,295 | 8,826 | 144,469 | |
| LAPTOP - SHAY | 957 | 303 | 654 | |
| 2 COMPUTERS | 1,567 | 391 | 1,176 | |
| WEBSITE | 1,410 | 353 | 1,057 | |
| SECTIONAL FURNITURE | 2,265 | 135 | 2,130 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 2,070 | 0 | 0 | 2,070 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGES | 82 | 0 | 0 | 0 |
| OFFICE EXPENSE | 1,709 | 0 | 0 | 0 |
| REPAIRS & MAINTENANCE | 9,881 | 0 | 9,881 | 9,881 |
| UTILITIES | 5,037 | 0 | 5,037 | 5,037 |
| LANDSCAPING | 7,973 | 0 | 0 | 7,973 |
| PROPERTY INSURANCE | 4,773 | 0 | 3,193 | 4,773 |
| HOA FEES | 410 | 0 | 0 | 410 |
| MEALS | 788 | 0 | 0 | 0 |
| PROMOTIONAL VIDEO | 8,550 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RENTAL REVENUE | 29,205 | 29,205 |
| Description | Amount |
|---|---|
| PRIOR YEAR ADJUSTMENT | 116,768 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| SECURITY DEPOSITS | 3,900 | 2,400 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REAL ESTATE TAXES | 11,094 | 0 | 11,094 | 11,094 |
| PAYROLL TAXES | 10,108 | 0 | 0 | 10,108 |