| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting Fees | 29,743 | 0 | 0 | 29,743 |
| 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 | 6,654 | 5.0000 | 4,436 | 11,090 | ||
| Website Development | 2020-05-01 | 2,405 | 321 | 5.0000 | 481 | 802 | ||
| Website Development | 2020-07-02 | 2,250 | 225 | 5.0000 | 450 | 675 | ||
| Website Development | 2021-02-22 | 2,040 | 3.0000 | 567 | 567 | |||
| Website Development | 2021-03-22 | 765 | 3.0000 | 191 | 191 | |||
| Website Development | 2021-09-15 | 1,250 | 3.0000 | 139 | 139 |
| 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 | 1,869 | SL | 5.0000 | 33 | |||
| Fusch Office Furniture | 2017-06-01 | 61,404 | 31,433 | SL | 7.0000 | 8,772 | |||
| Office Appliances | 2017-06-01 | 2,114 | 1,516 | SL | 5.0000 | 352 | |||
| IT Equipment | 2017-06-01 | 22,877 | 16,394 | SL | 5.0000 | 3,813 | |||
| Window Treatments | 2017-08-01 | 812 | 396 | SL | 7.0000 | 97 | |||
| Shredder | 2017-06-01 | 866 | 620 | SL | 5.0000 | 173 | |||
| IT Equipment | 2017-08-01 | 3,180 | 2,173 | SL | 5.0000 | 530 | |||
| Security Equipment | 2017-06-01 | 6,194 | 4,440 | SL | 5.0000 | 1,032 | |||
| HP Omen | 2017-09-17 | 1,890 | 1,229 | SL | 5.0000 | 378 | |||
| Leasehold Improvements | 2017-06-01 | 35,653 | 21,293 | SL | 6.0000 | 4,952 | |||
| File cabinet | 2018-08-07 | 943 | 326 | SL | 7.0000 | 135 | |||
| Macbook Pro | 2018-08-01 | 1,499 | 1,208 | SL | 3.0000 | 291 | |||
| Macbook Pro | 2018-08-01 | 1,499 | 1,208 | SL | 3.0000 | 291 | |||
| HP elitebook Laptop | 2018-08-02 | 1,605 | 1,293 | SL | 3.0000 | 312 | |||
| Dell latitude laptop | 2018-07-18 | 1,492 | 1,201 | SL | 3.0000 | 291 | |||
| Dell optiplex desktop | 2018-07-26 | 1,360 | 1,095 | SL | 3.0000 | 265 | |||
| Macbook Pro | 2018-09-05 | 1,622 | 1,262 | SL | 3.0000 | 360 | |||
| Desk Chair | 2019-05-20 | 1,159 | 263 | SL | 7.0000 | 166 | |||
| MacBook Air | 2019-07-15 | 2,088 | 1,044 | SL | 3.0000 | 696 | |||
| Dell Latitude | 2019-09-17 | 2,131 | 888 | SL | 3.0000 | 710 | |||
| Dell Latitude | 2019-09-01 | 2,029 | 901 | SL | 3.0000 | 676 | |||
| Dell Optiplex Mini | 2019-08-01 | 1,973 | 932 | SL | 3.0000 | 658 | |||
| Dell Latitude 5401 Laptop | 2019-08-01 | 1,919 | 907 | SL | 3.0000 | 640 | |||
| Palo Alto Sec Appliance | 2019-09-19 | 10,135 | 2,534 | SL | 5.0000 | 2,027 | |||
| Palto Alto Sec Appliance | 2019-06-01 | 10,135 | 3,209 | SL | 5.0000 | 2,027 | |||
| Cisco SG300-52P Switch | 2019-06-30 | 681 | 204 | SL | 5.0000 | 136 | |||
| Dell Ultrsharp Monitor | 2019-05-31 | 343 | 181 | SL | 3.0000 | 114 | |||
| Dell Ultasharp Monitor | 2019-05-31 | 342 | 181 | SL | 3.0000 | 114 | |||
| Dell Thunderbolt Dock | 2019-05-31 | 333 | 176 | SL | 3.0000 | 111 | |||
| Dell Latitude 7490 Laptop | 2019-05-31 | 2,172 | 1,146 | SL | 3.0000 | 724 | |||
| Mactop Air Laptop | 2019-02-08 | 2,463 | 1,574 | SL | 3.0000 | 821 | |||
| Dell Optiplex 360 | 2019-03-12 | 856 | 523 | SL | 3.0000 | 285 | |||
| File Cabinet | 2020-02-20 | 960 | 114 | SL | 7.0000 | 137 | |||
| File Cabinet | 2020-02-20 | 960 | 114 | SL | 7.0000 | 137 | |||
| MacBook Pro Laptop | 2020-03-15 | 2,566 | 713 | SL | 3.0000 | 855 | |||
| Kyocera Copier | 2020-04-15 | 11,451 | 1,718 | SL | 5.0000 | 2,290 | |||
| MacBook Pro Laptop | 2020-05-15 | 2,566 | 570 | SL | 3.0000 | 855 | |||
| MacBook Pro Laptop | 2021-12-01 | 1,657 | SL | 3.0000 | 46 | ||||
| Cestron | 2021-12-01 | 1,812 | SL | 5.0000 | 30 | ||||
| Four Door Access Controllers | 2021-12-01 | 919 | SL | 5.0000 | 15 | ||||
| Three Keypad Readers | 2021-12-01 | 697 | SL | 5.0000 | 12 | ||||
| Three Inside Domes | 2021-12-01 | 834 | SL | 5.0000 | 14 | ||||
| Access Controller Server | 2021-12-01 | 784 | SL | 5.0000 | 13 | ||||
| PTZ Phone | 2021-12-01 | 649 | SL | 5.0000 | 11 | ||||
| Window Frosting | 2021-12-01 | 539 | SL | 5.0000 | 9 | ||||
| Smart Rack | 2021-12-01 | 1,251 | SL | 5.0000 | 21 | ||||
| Cabling | 2021-12-01 | 6,501 | SL | 5.0000 | 108 | ||||
| Uninstillation of Equipment | 2021-12-01 | 2,500 | SL | 5.0000 | 42 | ||||
| Removal of Equipment | 2021-12-01 | 510 | SL | 5.0000 | 9 | ||||
| Dell Latitude Laptop | 2021-12-01 | 1,614 | SL | 3.0000 | 45 | ||||
| Symphony Club Chair | 2021-11-01 | 925 | SL | 7.0000 | 22 | ||||
| Symphony Club Sofa | 2021-11-01 | 1,531 | SL | 7.0000 | 36 | ||||
| Rectangular Table | 2021-11-01 | 656 | SL | 7.0000 | 16 | ||||
| Symphony Club Chair | 2021-11-01 | 2,774 | SL | 7.0000 | 66 | ||||
| Armless Chairs | 2021-11-01 | 1,945 | SL | 7.0000 | 46 | ||||
| Cabling | 2021-12-01 | 1,988 | SL | 5.0000 | 33 | ||||
| Square Tables | 2021-11-01 | 974 | SL | 7.0000 | 23 | ||||
| Copy Room Table | 2021-11-01 | 701 | SL | 7.0000 | 17 | ||||
| Filing cabinet | 2021-12-01 | 974 | SL | 7.0000 | 12 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 82,226 | 41,735 | 40,491 | 47,228 |
| Machinery and Equipment | 90,764 | 45,617 | 45,147 | 32,091 |
| Improvements | 1 | 1 | ||
| Miscellaneous | 11,490 | 5,170 | 6,320 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal Fees | 17,938 | 0 | 0 | 17,938 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Net Intangible Assets | 19,272 | 16,442 | 16,442 |
| SECURITY DEPOSIT | 9,843 | 9,843 | 9,843 |
| Trust Account | 1,182 | 1,301 | 1,301 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 401k Administration | 12,588 | 12,588 | ||
| Amortization | 6,264 | |||
| Business Registration Fees | 4,831 | 4,831 | ||
| Facilities and equipment | 371 | 371 | ||
| Insurance | 36,059 | 36,059 | ||
| Office expense | 6,294 | 6,294 | ||
| Other Costs | 16,420 | 16,420 | ||
| Other Program Costs | 383,202 | 383,202 | ||
| Payments on behalf of MTFLI | 4,243 | 4,243 | ||
| Postage and Mailing | 5,710 | 5,710 | ||
| Technology | 16,383 | 16,383 | ||
| Telephone | 24,500 | 24,500 | ||
| Website Maintenance | 13,388 | 13,388 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Miscellaneous Revenue | 8,843 | ||
| Return of unused grant funds | 254,475 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Unearned Rental Incentive | 20,502 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Other | 1,993 | 0 | 0 | 1,993 |
| Outside Contract Services | 77,304 | 0 | 0 | 77,304 |
| Payroll Processing | 3,794 | 0 | 0 | 3,794 |
| Public Relations | 90,000 | 0 | 0 | 90,000 |
| Name | Address |
|---|---|
| Adelson Family Foundation |
300 First Avenue Needham,MA024942736 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Disability | 196 | 196 | ||
| Disability | 265 | 265 | ||
| Medicare | 22,912 | 22,912 | ||
| Other costs | 1,671 | 1,671 | ||
| Social Security | 66,183 | 66,183 | ||
| Unemployment | 4,322 | 4,322 | ||
| Worker's Compensation | 3,035 | 3,035 |