| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting Fees | 28,960 | 0 | 0 | 28,960 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| Website Development | 2019-05-10 | 22,180 | 2,218 | 5.0000 | 4,436 | 6,654 | ||
| Website Development | 2020-05-01 | 2,405 | 5.0000 | 321 | 321 | |||
| Website Development | 2020-07-02 | 2,250 | 5.0000 | 225 | 225 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Apple Macbook Pro | 2016-02-04 | 1,902 | 1,489 | SL | 5.0000 | 380 | |||
| Fusch Office Furniture | 2017-06-01 | 61,404 | 22,661 | SL | 7.0000 | 8,772 | |||
| Office Appliances | 2017-06-01 | 2,114 | 1,093 | SL | 5.0000 | 423 | |||
| IT Equipment | 2017-06-01 | 22,877 | 11,819 | SL | 5.0000 | 4,575 | |||
| Macbook Pro-Lea Speyer | 2017-09-17 | 1,959 | 882 | SL | 5.0000 | 392 | |||
| Window Treatments | 2017-08-01 | 812 | 280 | SL | 7.0000 | 116 | |||
| Shredder | 2017-06-01 | 866 | 447 | SL | 5.0000 | 173 | |||
| IT Equipment | 2017-08-01 | 3,180 | 1,537 | SL | 5.0000 | 636 | |||
| Diamond Digital Security | 2017-06-01 | 6,194 | 3,201 | SL | 5.0000 | 1,239 | |||
| HP Omen-Bryan Griffin | 2017-09-17 | 1,890 | 851 | SL | 5.0000 | 378 | |||
| Leasehold Improvements | 2017-06-01 | 35,653 | 15,351 | SL | 6.0000 | 5,942 | |||
| Iphone 8 | 2018-01-15 | 590 | 394 | SL | 3.0000 | 196 | |||
| File cabinet | 2018-08-07 | 943 | 191 | SL | 7.0000 | 135 | |||
| Macbook Pro | 2018-08-01 | 1,499 | 708 | SL | 3.0000 | 500 | |||
| Macbook Pro | 2018-08-01 | 1,499 | 708 | SL | 3.0000 | 500 | |||
| Macbook Pro | 2018-08-01 | 1,499 | 708 | SL | 3.0000 | 500 | |||
| HP elitebook Laptop | 2018-08-02 | 1,605 | 758 | SL | 3.0000 | 535 | |||
| Dell latitude laptop | 2018-07-18 | 1,492 | 704 | SL | 3.0000 | 497 | |||
| Dell optiplex desktop | 2018-07-26 | 1,360 | 642 | SL | 3.0000 | 453 | |||
| Macbook Pro | 2018-09-05 | 1,622 | 721 | SL | 3.0000 | 541 | |||
| Desk Chair | 2019-05-20 | 1,159 | 97 | SL | 7.0000 | 166 | |||
| MacBook Air | 2019-07-15 | 2,088 | 348 | SL | 3.0000 | 696 | |||
| Dell Latitude | 2019-09-17 | 2,131 | 178 | SL | 3.0000 | 710 | |||
| Dell Latitude | 2019-09-01 | 2,029 | 225 | SL | 3.0000 | 676 | |||
| Dell Optiplex Mini | 2019-08-01 | 1,973 | 274 | SL | 3.0000 | 658 | |||
| Dell Latitude 5401 Laptop | 2019-08-01 | 1,919 | 267 | SL | 3.0000 | 640 | |||
| Palo Alto Sec Appliance | 2019-09-19 | 10,135 | 507 | SL | 5.0000 | 2,027 | |||
| Palto Alto Sec Appliance | 2019-06-01 | 10,135 | 1,182 | SL | 5.0000 | 2,027 | |||
| Cisco SG300-52P Switch | 2019-06-30 | 681 | 68 | SL | 5.0000 | 136 | |||
| Dell Ultrsharp Monitor | 2019-05-31 | 343 | 67 | SL | 3.0000 | 114 | |||
| Dell Ultasharp Monitor | 2019-05-31 | 342 | 67 | SL | 3.0000 | 114 | |||
| Dell Thunderbolt Dock | 2019-05-31 | 333 | 65 | SL | 3.0000 | 111 | |||
| Dell Latitude 7490 Laptop | 2019-05-31 | 2,172 | 422 | SL | 3.0000 | 724 | |||
| Mactop Air Laptop | 2019-02-08 | 2,463 | 753 | SL | 3.0000 | 821 | |||
| Dell Optiplex 360 | 2019-03-12 | 856 | 238 | SL | 3.0000 | 285 | |||
| File Cabinet | 2020-02-20 | 960 | SL | 7.0000 | 114 | ||||
| File Cabinet | 2020-02-20 | 960 | SL | 7.0000 | 114 | ||||
| MacBook Pro Laptop | 2020-03-15 | 2,566 | SL | 3.0000 | 713 | ||||
| Kyocera Copier | 2020-04-15 | 11,451 | SL | 5.0000 | 1,718 | ||||
| MacBook Pro Laptop | 2020-05-15 | 2,566 | SL | 3.0000 | 570 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 72,558 | 32,546 | 40,012 | |
| Machinery and Equipment | 104,373 | 54,807 | 49,566 | 97,619 |
| Improvements | 35,653 | 21,292 | 14,361 | |
| Miscellaneous | 11,490 | 5,170 | 6,320 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal Fees | 40,287 | 0 | 0 | 40,287 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Deposits | 9,843 | 9,843 | |
| Net Intangible Assets | 19,962 | 19,272 | 19,272 |
| SECURITY DEPOSIT | 9,843 | ||
| Trust Account | 1,182 | 1,182 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 401k Bond | 2,638 | 2,638 | ||
| Amortization | 5,345 | |||
| Business Registration Fees | 11,899 | 11,899 | ||
| Credit card processing | 662 | 662 | ||
| Facilities and equipment | 2,243 | 2,243 | ||
| Insurance | 19,848 | 19,818 | ||
| Maccabee Conference | 101,681 | 101,681 | ||
| Office expense | 8,941 | 8,941 | ||
| Other Costs | 14,579 | 14,579 | ||
| Other Program Costs | 143,770 | 143,770 | ||
| Payments on behalf of MTFLI | 4,228 | 4,228 | ||
| Postage and Mailing | 5,760 | 5,760 | ||
| Technology | 21,857 | 21,857 | ||
| Telephone | 21,148 | 21,148 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Credit card refund | 1,968 | ||
| Miscellaneous Revenue | 4,915 | ||
| Return of Grant Funds | 125,890 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Other | 8,512 | 0 | 0 | 8,512 |
| Outside Contract Services | 41,251 | 0 | 0 | 41,251 |
| Payroll Processing | 3,593 | 0 | 0 | 3,593 |
| Public Relations | 90,000 | 0 | 0 | 90,000 |
| Name | Address |
|---|---|
| Adelson Family Foundation |
30 First Avenue Needham,MA024942736 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Disability | 404 | 404 | ||
| Disability | 92 | 92 | ||
| Medicare | 21,190 | 21,190 | ||
| Social Security | 89,898 | 89,898 | ||
| Unemployment | 11,146 | 11,146 | ||
| Worker's Compensation | 4,107 | 4,107 |