| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SOFTWARE | 2005-01-01 | 3,785 | 3,785 | SL | 3.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2004-01-01 | 3,000 | 3,000 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| GMC SAVANA 2000 | 2005-01-01 | 17,620 | 17,620 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| LCD PROJECTORS | 2006-04-03 | 804 | 804 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| OFFICE SOFTWARE | 2007-11-30 | 485 | 485 | SL | 3.000000000000 | 0 | 0 | 0 | |
| HP COMPUTER | 2010-06-30 | 1,150 | 904 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| DELL COMPUTERS | 2010-07-31 | 2,223 | 1,768 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| DELL COMPUTERS | 2010-10-31 | 2,113 | 1,737 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| HP COMPUTER | 2011-09-30 | 850 | 737 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| LAPTOP | 2011-04-29 | 780 | 652 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| NETWORK SERVER | 2013-12-11 | 3,876 | 3,876 | SL | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTERS | 2014-05-29 | 2,855 | 2,618 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTERS | 2015-04-30 | 1,999 | 1,809 | 200DB | 5.000000000000 | 25 | 0 | 133 | |
| COMPUTER | 2015-05-22 | 1,221 | 1,100 | 200DB | 5.000000000000 | 20 | 0 | 102 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| SOFTWARE | 3,785 | 3,785 | 0 | 0 |
| EQUIPMENT | 3,000 | 3,000 | 0 | 0 |
| LCD PROJECTORS | 804 | 804 | 0 | 0 |
| OFFICE SOFTWARE | 485 | 485 | 0 | 0 |
| HP COMPUTER | 1,150 | 904 | 246 | 246 |
| DELL COMPUTERS | 2,223 | 1,768 | 455 | 455 |
| DELL COMPUTERS | 2,113 | 1,737 | 376 | 376 |
| HP COMPUTER | 850 | 737 | 113 | 113 |
| LAPTOP | 780 | 652 | 128 | 128 |
| NETWORK SERVER | 3,876 | 3,876 | 0 | 0 |
| COMPUTERS | 2,855 | 2,618 | 237 | 237 |
| COMPUTERS | 1,999 | 1,834 | 165 | 165 |
| COMPUTER | 1,221 | 1,120 | 101 | 101 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TRAVEL FELLOWSHIPS | 84,754 | 0 | 0 | 84,754 |
| EXCURSIONS | 12,630 | 0 | 0 | 12,630 |
| HOMESTAY | 36,700 | 0 | 0 | 36,700 |
| LANGUAGE | 15,501 | 0 | 0 | 15,501 |
| TAVUSH STRONG PROJECT | 5,600 | 0 | 0 | 5,600 |
| SHUSHI HOMESTAYS | 88,389 | 0 | 0 | 88,389 |
| ORIENTATION | 3,089 | 0 | 0 | 3,089 |
| HAVACKS/FORUMS | 2,323 | 0 | 0 | 2,323 |
| RECRUITMENT | 265 | 0 | 0 | 265 |
| DIGITAL MARKETING | 4,890 | 0 | 0 | 4,890 |
| ALUMNI PROGRAMS | 5,892 | 0 | 0 | 5,892 |
| AVC | 7,471 | 0 | 0 | 7,471 |
| OFFICE SUPPLIES | 2,774 | 0 | 0 | 499 |
| SMALL EQUIPMENT/SOFTWARE | 546 | 0 | 0 | 106 |
| OFFICE REFURBISHING | 2,871 | 0 | 0 | 0 |
| PHONE | 2,539 | 0 | 0 | 1,472 |
| PRINTING | 345 | 0 | 0 | 0 |
| WEB | 20,600 | 0 | 0 | 0 |
| TRANSLATION | 407 | 0 | 0 | 0 |
| SUPPORT/CONTRACTORS-OUTSOURCED | 20,427 | 0 | 0 | 0 |
| UTILITIES | 3,917 | 0 | 0 | 1,324 |
| ACCOUNTING & AUDITS | 17,250 | 0 | 0 | 0 |
| BANK FEES/CREDIT CARD FEES | 714 | 0 | 0 | 0 |
| MISCELLANEOUS | 1,106 | 0 | 0 | 0 |
| NEXT STEP SPECIAL PROJECTS | -8,124 | 0 | 0 | -8,124 |
| FIXED ASSETS | 7,903 | 0 | 0 | 0 |
| POSTAGE | 129 | 0 | 0 | 129 |
| PROFESSIONAL FEES | 6,192 | 0 | 0 | 6,192 |
| MEMBERSHIP/SUBSCRIPTION | 145 | 0 | 0 | 145 |
| FILING FEES | 53 | 0 | 0 | 53 |
| BR ALUMNI APP | 582 | 0 | 0 | 582 |
| OOY COMM SERVICE PROJECTS | 1,365 | 0 | 0 | 1,365 |
| ONLINE LANGUAGE PROGRAM | 29,577 | 0 | 0 | 29,577 |
| EDUCTIONAL HUB | 5,884 | 0 | 0 | 5,884 |
| GYUMRI OFFICE | 516 | 0 | 0 | 516 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL | 91,514 | 0 | 0 | 91,514 |