| Contractor | Explanation |
|---|---|
| PRIME BUSINESS ADVISORY SOLUTIONS LLC | ACCOUNTING SERVICES, FINANCE CONSULTING, AND GRANTS MANAGEMENT |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE | 2018-01-01 | 25,717 | 10,596 | SL | 14.28 % | 3,672 | |||
| FURNITURE | 2019-01-01 | 62,521 | 3,076 | SL | 14.29 % | 8,934 | |||
| FURNITURE | 2020-01-01 | 6,338 | 453 | SL | 14.29 % | 906 | |||
| FURNITURE | 2021-01-01 | 8,316 | SL | 7.14 % | 692 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 102,892 | 28,329 | 74,563 | 74,563 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEPOSITS | 1,035 | 25,777 | 25,777 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AWARDS | 232,600 | 232,600 | ||
| BANK CHARGES | 1,354 | 1,354 | ||
| CAPITAL PURCHASES | 28,664 | 28,664 | ||
| CONFERENCE & TRAINING | 6,293 | 6,293 | ||
| CONTRACT LABOR | 9,803 | 9,803 | ||
| DUES & SUBSCRIPTIONS | 43,469 | 43,469 | ||
| INSURANCE | 28,118 | 28,118 | ||
| OFFICE COMMUNICATIONS | 27,464 | 27,464 | ||
| OFFICE EXPENSES | 79,401 | 79,401 | ||
| Rental Expenses | 128,352 | 128,352 | ||
| REPAIRS & MAINTENANCE | 146 | 146 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 953,820 | 0 | 0 | 953,820 |