| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE ACCOUNTING SERVICE | 1,300 | 0 | 1,300 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| ALL DEPRECIATED EQUIPMENT | 2004-04-27 | 45,033 | 45,033 | SL | 7.0 | 0 | 0 | 0 | |
| BUS | 2009-07-27 | 12,431 | 12,431 | SL | 5.0 | 0 | 0 | 0 | |
| LEASHOLD IMPROVEMENTS | 1991-07-29 | 1,975 | 1,811 | SL | 31.0 | 64 | 0 | 0 | |
| AIR CONDITIONING | 1992-04-01 | 5,000 | 4,457 | SL | 31.0 | 161 | 0 | 0 | |
| PARSONAGE IMPROVEMENTS | 1992-06-11 | 9,536 | 8,453 | SL | 31.0 | 308 | 0 | 0 | |
| PARSONAGE AC | 1993-05-18 | 1,560 | 1,270 | SL | 31.5 | 50 | 0 | 0 | |
| BOILER | 1994-02-23 | 3,701 | 2,565 | SL | 31.5 | 117 | 0 | 0 | |
| PARSONAGE ROOM ADDITION | 1995-07-25 | 15,862 | 9,848 | SL | 39.0 | 407 | 0 | 0 | |
| ASPHALT | 1997-09-04 | 3,785 | 3,785 | SL | 15.0 | 0 | 0 | 0 | |
| FLOOR COVERING | 2002-05-01 | 9,419 | 7,550 | SL | 10.0 | 0 | 0 | 0 | |
| IMPROVEMENTS | 2002-06-14 | 5,355 | 4,624 | SL | 15.0 | 0 | 0 | 0 | |
| REPAVING | 2003-06-25 | 3,909 | 3,909 | SL | 15.0 | 0 | 0 | 0 | |
| NEW FURNACE | 2004-04-01 | 5,799 | 5,799 | SL | 15.0 | 0 | 0 | 0 | |
| NEW CARPET | 2004-06-09 | 1,313 | 1,313 | SL | 10.0 | 0 | 0 | 0 | |
| WINDOWS | 2005-10-17 | 3,863 | 2,801 | SL | 20.0 | 193 | 0 | 0 | |
| NEW FURNACE | 2005-02-09 | 2,000 | 1,450 | SL | 20.0 | 100 | 0 | 0 | |
| PARKING LOT PAVING SCHOOL | 2005-05-31 | 3,698 | 3,577 | SL | 15.0 | 121 | 0 | 0 | |
| SCHOOL ADDITION | 2007-07-01 | 488,341 | 153,978 | SL | 39.0 | 12,522 | 0 | 0 | |
| TABLES | 2017-05-21 | 1,837 | 655 | SL | 7.0 | 262 | 0 | 0 | |
| PLAYGROUND EQUIPMENT | 2017-08-23 | 13,054 | 4,662 | SL | 7.0 | 1,865 | 0 | 0 | |
| TABLE AND CHAIR CARRIERS | 2018-12-26 | 3,492 | 561 | SL | 7.0 | 499 | 0 | 0 | |
| PARSONAGE UPGRADES | 2019-11-30 | 38,722 | 124 | SL | 39.0 | 993 | 0 | 0 | |
| CUT RIGHT EQUIPMENT | 2020-06-01 | 9,200 | 0 | SL | 7.0 | 657 | 0 | 0 | |
| LIFT | 2020-07-27 | 4,300 | 0 | SL | 7.0 | 307 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CHARLES SCHWAB ACCT 2260 | 1,062,302 | 1,651,073 |
| CHARLES SCHWAB ACCT 2262 | 1,229,240 | 1,866,237 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 89,347 | 66,932 | 22,415 | 22,415 |
| IMPROVEMENTS | 115,497 | 65,850 | 49,647 | 49,647 |
| BUILDING ADDITION | 488,341 | 166,500 | 321,841 | 321,841 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RICHARD MILLER | 76 | 0 | 76 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PREPAID FEDERAL TAX | 3,411 | 4,759 | 4,759 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES AND SUBSCRIPTIONS | 190 | 0 | 0 | 190 |
| LICENSE AND PERMITS | 308 | 0 | 0 | 308 |
| MAINT AND REPAIR EQUIPMENT | 399 | 0 | 0 | 399 |
| OFFICE SUPPLIES | 562 | 0 | 0 | 562 |
| BOOKS AND SUPPLIES | 26,157 | 0 | 0 | 26,157 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SCHOOL FEES AND REGISTRATIONS | 27,149 | 0 | 27,149 |
| BWC REBATES | 4,343 | 0 | 4,343 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CHARLES SCHWAB | 28,511 | 0 | 0 | 28,511 |
| PAYROLL SERVICES INC | 2,097 | 0 | 0 | 2,097 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX INVESTMENT INCOME | 4,759 | 0 | 4,759 | 0 |
| FOREIGN TAX INVESTMENTS | 741 | 741 | 0 | 0 |