| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 6,400 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| WEB DESIGN | 2013-12-01 | 25,784 | 25,784 | 5.0000 | 25,784 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMAC DESKTOP | 2013-08-23 | 1,513 | 1,513 | S/L | 5.0000 | ||||
| MACBOOK PRO & SOFTWARE | 2016-11-14 | 1,607 | 1,339 | S/L | 5.0000 | 268 | |||
| CIPITI - G TECH G-RAID | 2018-03-26 | 1,188 | 653 | S/L | 5.0000 | 238 | |||
| CASSERTA - MAC COMPUTER | 2018-03-29 | 3,035 | 1,669 | S/L | 5.0000 | 607 | |||
| OFFICE FURNITURE FOR JP, MP, & MARINA | 2018-04-30 | 1,799 | 959 | S/L | 5.0000 | 360 | |||
| CAIELLA - APPLE IMAC | 2018-05-31 | 2,730 | 1,411 | S/L | 5.0000 | 546 | |||
| MARINA APPLE | 2018-04-30 | 2,818 | 1,503 | S/L | 5.0000 | 564 | |||
| CIPITI APPLE | 2018-11-20 | 6,661 | 2,775 | S/L | 5.0000 | 1,333 | |||
| PRIDDY 2 HARD DRIVES | 2018-11-30 | 3,936 | 1,640 | S/L | 5.0000 | 787 | |||
| CIPITI APPLE MBP | 2018-03-14 | 3,390 | 1,921 | S/L | 5.0000 | 678 | |||
| LAPTOP MAC BOOK | 2019-08-31 | 1,278 | 341 | S/L | 5.0000 | 255 | |||
| 27 INCH IMAC WITH RETINA 5K | 2019-12-31 | 2,649 | 530 | S/L | 5.0000 | 530 | |||
| COMPUTER FOR MICHAEL PRIDDY | 2020-01-13 | 1,603 | 321 | S/L | 5.0000 | 320 | |||
| THEOLOGY OF MAKING | 2020-10-21 | 25,000 | 417 | S/L | 10.0000 | 2,500 | |||
| BENEATH THE INK | 2020-10-21 | 5,000 | 83 | S/L | 10.0000 | 500 | |||
| DEKALB ELEMENTARY | 2020-10-21 | 5,000 | 83 | S/L | 10.0000 | 500 | |||
| GROUND ZERO | 2020-10-21 | 5,000 | 83 | S/L | 10.0000 | 500 | |||
| HEAD OVER HEELS | 2020-10-21 | 5,000 | 83 | S/L | 10.0000 | 500 | |||
| IDENTITY | 2020-10-21 | 5,000 | 83 | S/L | 10.0000 | 500 | |||
| KINTSUGI | 2020-10-21 | 5,000 | 83 | S/L | 10.0000 | 500 | |||
| NOCTURN IN BLACK | 2020-10-21 | 5,000 | 83 | S/L | 10.0000 | 500 | |||
| SOAR | 2020-10-21 | 5,000 | 83 | S/L | 10.0000 | 500 | |||
| TEEN PRESS | 2020-10-21 | 5,000 | 83 | S/L | 10.0000 | 500 | |||
| THAT'S MY JAZZ | 2020-10-21 | 5,000 | 83 | S/L | 10.0000 | 500 | |||
| THE DRIVER IS RED | 2020-10-21 | 5,000 | 83 | S/L | 10.0000 | 500 | |||
| THE KITE MAKER | 2020-10-21 | 5,000 | 83 | S/L | 10.0000 | 500 | |||
| R.O.I. | 2020-10-21 | 5,000 | 83 | S/L | 10.0000 | 500 | |||
| WALK RUN CHA CHA | 2020-10-21 | 5,000 | 83 | S/L | 10.0000 | 500 | |||
| WONDROUS | 2020-10-21 | 5,000 | 83 | S/L | 10.0000 | 500 | |||
| 13 INCH MACBOOK PRO | 2021-03-31 | 2,797 | S/L | 5.0000 | 420 | ||||
| 13 INCH MACBOOK PRO | 2021-03-31 | 2,797 | S/L | 5.0000 | 420 | ||||
| 27 INCH IMAC WITH RETINA 5 K | 2021-07-15 | 3,853 | S/L | 5.0000 | 385 | ||||
| IGNITE - FAITH AND WORK SERIES | 2021-12-31 | 221,000 | S/L | 10.0000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 781,915 | 294,594 | 487,321 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| FILM PRODUCTION | 409,260 | 409,260 | ||
| FORUMS AND FESTIVALS | 812,043 | 812,043 | ||
| DEVELOPMENT | 14,361 | 14,361 | ||
| FACILITY AND TELEPHONE | 31,824 | |||
| OFFICE SUPPLIES AND EQUIPMENT | 7,802 | |||
| OTHER EXPENSES | 12,895 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PPP LOAN FORGIVENESS | 69,612 | 69,612 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | 5,987 |