| 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 |
|---|---|---|---|---|---|---|---|---|---|
| NISSAN PATHFINDER | 2010-12-14 | 5,500 | 5,500 | S/L | 5.0000 | ||||
| COMPUTERS | 2010-12-06 | 3,279 | 3,279 | S/L | 5.0000 | ||||
| TOYOTA LAND CRUISER | 2011-05-12 | 16,283 | 16,283 | S/L | 5.0000 | ||||
| I-PAD | 2016-05-13 | 1,315 | 964 | S/L | 5.0000 | 110 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| FINAL RETURN | PURCHASE | 2020-05 | 26,377 | -241 | 26,136 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| FUNDRAISING | 201 | 201 | ||
| OFFICE SUPPLIES AND EXP | 1,093 | 1,093 | ||
| WEBSITE | 78 | 78 | ||
| BANK FEES | 3 | |||
| SCHOLARSHIPS | 1,816 | 1,816 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LOANS FROM DIRECTORS |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION | 465 |