| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PREPARATION OF FOUNDATION | ||||
| ACCOUNTING AND TAX | 3,665 | 3,665 | ||
| RETURN. PROVIDE RETURN | ||||
| FOR PUBLIC INSPECTION. | ||||
| LEGAL & ACCOUNTING FEES | ||||
| AMTAX ACCOUNTING FEES |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| EXERCISE EQUIPMENT | 2014-09-08 | 6,000 | 6,000 | S/L | 5.0000 | ||||
| STALKER PRO II RADAR GUN | 2015-12-30 | 2,584 | 2,584 | S/L | 5.0000 | ||||
| RAWLINGS PRO PITCHING MACHINE | 2015-11-01 | 3,694 | 2,727 | S/L | 7.0000 | 527 | |||
| NOMAD-HL CAMERA SYSTEM | 2015-04-01 | 6,176 | 6,176 | S/L | 5.0000 | ||||
| RAWLINGS PRO PITCHING MACHINE | 2015-12-01 | 3,694 | 2,683 | S/L | 7.0000 | 527 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 22,148 | 21,225 | 923 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BASEBALL INSTRUCTION | ||||
| UNIFORMS | 15,762 | 15,762 | ||
| SPIRIT WEAR | ||||
| BANK EXPENSE | ||||
| MARKETING EXPENSE | 765 | 765 | ||
| BASEBALL EQUIPMENT | 2,325 | 2,325 | ||
| FACILITY/FIELD RENTAL | 133,947 | 133,947 | ||
| SUPPLIES | 451 | 451 | ||
| TOURNAMENT EXPENSE | 22,928 | 22,928 | ||
| BACKGROUND CHECKS | ||||
| FACILITY CLEANING | 880 | 880 | ||
| INSURANCE | 1,715 | 1,715 | ||
| FACILITY UTILITIES | 6,371 | 6,371 | ||
| OFFICE EXPENSE | 2,539 | 2,539 | ||
| REGISTRATION | ||||
| DONATION |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FACILITY TEAM FEE | 103,352 | 103,352 | |
| TEAM FEES INCOME | 27,416 | 27,416 | |
| UNIFORM FEE INCOME | 21,420 | 21,420 | |
| INCOME FROM KROGER REWARDS | 415 | 415 | |
| INCOME FROM VISA REWARDS | 985 | 985 | |
| INCOME FROM COMAR PROPERTIES | 2,025 | 2,025 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| SBA LOAN PAYABLE | 61,400 | 61,400 |
| Name | Address |
|---|---|
| LEAN COST ENGINEERING LLC |
6270 BULLARD ROAD FENTON,MI48430 |