| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 5,000 | 5,000 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| FINANCING FEE | 2016-05-31 | 9,953 | 3,649 | 10.0000 | 996 | 996 | 996 | 4,645 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LEASEHOLD IMPROVEMENT | 2004-01-01 | 306,401 | 136,179 | S/L | 39.0000 | 7,856 | 7,856 | 7,856 | |
| LAND | 1996-09-03 | 1,006,625 | |||||||
| BUILDING | 1996-09-03 | 3,799,985 | 2,469,389 | S/L | 39.0000 | 97,436 | 97,436 | 97,436 | |
| LEASEHOLD IMPROVEMENT | 2008-06-30 | 195,877 | 57,968 | S/L | 39.0000 | 5,022 | 5,022 | 5,022 | |
| SECURITY CAMERA | 2009-09-01 | 4,926 | 4,926 | 200DB | 7.0000 | ||||
| LEASEHOLD IMPROVEMENT | 2011-09-28 | 36,928 | 7,851 | S/L | 39.0000 | 947 | 947 | 947 | |
| EQUIPMENT | 2000-01-01 | 96,824 | 96,824 | 200DB | 7.0000 | ||||
| EQUIPMENT | 2003-01-01 | 82,851 | 82,851 | 200DB | 7.0000 | ||||
| OFFICE FURNITURE | 2013-02-27 | 6,216 | 6,216 | 200DB | 7.0000 | ||||
| LHI - KIC WASHINGTON | 2015-06-01 | 74,062 | 8,625 | S/L | 39.0000 | 1,899 | 1,899 | 1,899 | |
| HVAC EQUIPMENT | 2016-08-04 | 62,000 | 42,633 | 200DB | 7.0000 | 5,533 | 5,533 | 5,533 | |
| LEASEHOLD IMPROVEMENT | 2016-10-27 | 28,456 | 2,341 | S/L | 39.0000 | 730 | 730 | 730 | |
| HVAC EQUIPMENT | 2017-03-15 | 30,000 | 16,880 | 200DB | 7.0000 | 3,749 | 3,749 | 3,749 | |
| LEASEHOLD IMPROVEMENT | 2017-04-20 | 12,856 | 893 | S/L | 39.0000 | 329 | 329 | 329 | |
| PROJECTOR | 2007-08-09 | 1,057 | 1,057 | 200DB | 7.0000 | ||||
| APPLE IMAC COMPUTER | 2009-08-19 | 1,605 | 1,605 | 200DB | 5.0000 | ||||
| DELL COMPUTER | 2011-04-21 | 519 | 519 | 200DB | 5.0000 | ||||
| FURNITURE - KIC WASHINGTON | 2015-06-01 | 12,459 | 9,679 | 200DB | 7.0000 | 1,112 | |||
| FURN - KIC | 2016-06-10 | 4,165 | 2,864 | 200DB | 7.0000 | 372 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 4,767,140 | 3,078,930 | 1,688,210 | ||
| 1,006,625 | 1,006,625 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| FINANCING FEE, NET | 6,304 | 5,308 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RENTAL REAL ESTATE PROPERTY | ||||
| OFFICE EXPENSE | 71 | 71 | 71 | |
| COMMISSION | 21,002 | 21,002 | 21,002 | |
| PROFESSIONAL FEE | 6,460 | 6,460 | 6,460 | |
| INSURANCE | 8,374 | 8,374 | 8,374 | |
| JANITORIAL EXPENSE | 45,602 | 45,602 | 45,602 | |
| REPAIR & MAINTENANCE | 85,878 | 85,878 | 85,878 | |
| SECURITY SERVICE | 6,600 | 6,600 | 6,600 | |
| TRASH REMOVAL | 4,536 | 4,536 | 4,536 | |
| LANDSCAPING | 4,123 | 4,123 | 4,123 | |
| EQUIPMENT RENTAL | 1,140 | 1,140 | 1,140 | |
| SUPPLIES | 392 | 392 | 392 | |
| TAXES - PAYROLL | 5,080 | 5,080 | 5,080 | |
| TAXES - LOCAL GOVT | 72,508 | 72,508 | 72,508 | |
| UTILITIES | 65,566 | 65,566 | 65,566 | |
| TELEPHONE | 3,908 | 3,908 | 3,908 | |
| PAYROLL | 66,196 | 66,196 | 66,196 | |
| LICENSE AND PERMIT | 1,775 | 1,775 | 1,775 | |
| EXPENSES | ||||
| ADVERTISING | 2,747 | 2,747 | ||
| CONSULTING EXPENSE | 373,283 | 373,283 | ||
| DUES AND SUBSCRIPTION | 1,616 | 1,616 | ||
| INSURANCE | 1,562 | 1,562 | ||
| INTERNSHIP | 52,826 | 52,826 | ||
| MEALS | 3,387 | 3,387 | ||
| MISCELLANEOUS EXPENSE | 742 | 742 | ||
| OCCUPANCY | 137,524 | 137,524 | ||
| OFFICE EXPENSE | 5,887 | 5,887 | ||
| OUTSIDE SERVICE | 38,947 | 38,947 | ||
| PROGRAM DEVELOPMENT | 383,272 | 383,272 | ||
| SCHOLARSHIP | 30,000 | 30,000 | ||
| SCIENTIFIC SUPPORT & ACTIVITI | 552,950 | 552,950 | ||
| SUPPLIES | 402 | 402 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PROGRAM SERVICE REVENUE | 153,002 | 153,002 | |
| OTHER REVENUE | 442 | 442 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD PAYABLE | 143 | 143 |
| UNEARNED INCOME | 3,938 | 713,046 |
| TENANTS SECURITY DEPOSIT | 88,664 | 95,261 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT TAXES/LICENSES | 95 | 95 |