| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING AND AUDITS | 17,424 | 0 | 8,712 | 8,712 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SOFTWARE | 2005-01-01 | 3,785 | 3,785 | SL | 3.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2004-01-01 | 3,000 | 3,000 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| LCD PROJECTORS | 2006-04-03 | 804 | 804 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| OFFICE SOFTWARE | 2007-11-30 | 485 | 485 | SL | 3.000000000000 | 0 | 0 | 0 | |
| HP COMPUTER | 2010-06-30 | 1,150 | 904 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| DELL COMPUTERS | 2010-07-31 | 2,223 | 1,768 | 200DB | 5.000000000000 | 455 | 0 | 455 | |
| DELL COMPUTERS | 2010-10-31 | 2,113 | 1,737 | 200DB | 5.000000000000 | 376 | 0 | 376 | |
| HP COMPUTER | 2011-09-30 | 850 | 737 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| LAPTOP | 2011-04-29 | 780 | 652 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| NETWORK SERVER | 2013-12-11 | 3,876 | 3,876 | SL | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTERS | 2014-05-29 | 2,855 | 2,618 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTERS | 2015-04-30 | 1,999 | 1,834 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER | 2015-05-22 | 1,221 | 1,120 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER | 2021-05-04 | 22,500 | 200DB | 5.000000000000 | 6,000 | 0 | 3,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| SOFTWARE | 3,785 | 3,785 | 0 | 0 |
| HP COMPUTER | 1,150 | 904 | 246 | 246 |
| HP COMPUTER | 850 | 737 | 113 | 113 |
| LAPTOP | 780 | 652 | 128 | 128 |
| NETWORK SERVER | 3,876 | 3,876 | 0 | 0 |
| COMPUTERS | 2,855 | 2,618 | 237 | 237 |
| COMPUTERS | 1,999 | 1,834 | 165 | 165 |
| COMPUTER | 1,221 | 1,120 | 101 | 101 |
| COMPUTER | 22,500 | 6,000 | 16,500 | 16,500 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ALUMNI PROGRAMS | 17,244 | 0 | 8,622 | 8,622 |
| ARMENIAN PR CAMPAIGN | 75,000 | 0 | 75,000 | 0 |
| AVC | 101,660 | 0 | 50,830 | 50,830 |
| BANK FEES/CREDIT CARD FEES | 326 | 0 | 163 | 163 |
| BR ALUMNI APP | 118 | 0 | 59 | 59 |
| DIGITAL MARKETING | 15,669 | 0 | 7,834 | 7,835 |
| EDUCTIONAL HUB | 8,798 | 0 | 4,399 | 4,399 |
| FIXED ASSETS | 1,599 | 0 | 799 | 800 |
| HAVACKS/FORUMS | 4,022 | 0 | 2,011 | 2,011 |
| HOMESTAY | 69,629 | 0 | 34,814 | 34,814 |
| INSURANCE | 5,475 | 0 | 2,737 | 2,738 |
| LANGUAGE | 14,525 | 0 | 7,262 | 7,262 |
| MISCELLANEOUS | 2,704 | 0 | 1,352 | 1,352 |
| OFFICE REFURBISHING | 717 | 0 | 358 | 359 |
| OFFICE SUPPLIES | 3,379 | 0 | 1,689 | 1,690 |
| ONLINE LANGUAGE PROGRAM | 19,378 | 0 | 9,689 | 9,689 |
| OOY COMM SERVICE PROJECTS | 11,230 | 0 | 5,615 | 5,615 |
| ORIENTATION | 9,817 | 0 | 4,908 | 4,909 |
| POSTAGE | 80 | 0 | 40 | 40 |
| RECRUITMENT | 1,349 | 0 | 674 | 675 |
| SHUSHI HOMESTAYS | 10,669 | 0 | 10,669 | 0 |
| SMALL EQUIPMENT/SOFTWARE | 256 | 0 | 128 | 128 |
| TRAINING | 909 | 0 | 454 | 455 |
| TRANSLATION | 914 | 0 | 457 | 457 |
| WEB | 13,794 | 0 | 6,897 | 6,897 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| EXCURSION REVENUE | 12,587 | 12,587 | |
| OTHER PROGRAM REVENUE | 6,075 | 6,075 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER FEES | 2,888 | 0 | 1,444 | 1,444 |
| SUPPORT/CONTRACTORS-OUTSOURCED | 20,820 | 0 | 10,410 | 10,410 |
| Name | Address |
|---|---|
|
THE H HOVNANIAN FAMILY FOUNDATION INC |
4000 ROUTE 66 TINTON FALLS,NJ07753 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL | 47,601 | 0 | 0 | 47,601 |