| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 5,744 | 0 | 0 | 5,744 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE IPAD | 2019-06-11 | 1,243 | 270 | SL | 5.0000 | 249 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 1,243 | 519 | 724 | 724 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 1,357 | 1,357 | ||
| CONTRACTORS | 15,000 | 15,000 | ||
| DUES AND SUBSCRIPTIONS | 207 | 207 | ||
| LICENSES AND FEES | 355 | 355 | ||
| OFFICE EXPENSE | 2,825 | 2,825 | ||
| PAYROLL FEES | 2,140 | 2,140 | ||
| POSTAGE | 1,823 | 1,823 | ||
| STUDENT SUPPLIES | 6,090 | 6,090 | ||
| UTILITIES | 4,846 | 4,846 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD PAYABLE | 15,655 | 85,506 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 1,903 | 0 | 0 | 1,903 |