| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING-PROMISE OF HOPE | 2020-03-03 | 36,800 | 1,059 | SL | 3.64 % | 1,338 | |||
| BUILDING - SON HOUSE TRAILER | 2021-01-15 | 14,637 | SL | 7.14 % | 1,045 | ||||
| LAWNMOWER | 2021-07-01 | 8,424 | 8,424 | ||||||
| VEHICLE-TRUCK 2004 FORD F-150 | 2021-03-01 | 4,000 | 4,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 24,000 | 24,000 | ||
| Machinery and Equipment | 36,424 | 36,424 | ||
| Buildings | 196,204 | 3,442 | 192,762 | |
| Improvements | 42,663 | 42,663 | ||
| Land | 18,374 | 18,374 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL & PROFESSIONAL FEES | 220 | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 868 | |||
| AFTERSCHOOL PROGRAM | 727 | |||
| AUTO EXPENSES | 2,667 | |||
| BANK CHARGES | 188 | |||
| CHRISTMAS WISH LIST DONATIONS | 23,282 | |||
| FINANCIAL ASSISTANCE | 12,036 | |||
| FLOWER EXPENSE | 103 | |||
| GALA/RETREAT | 4,197 | |||
| INSURANCE | 3,249 | |||
| NEIGHBOR TO NEIGHBOR | 3,643 | |||
| OFFICE EXPENSES | 3,871 | |||
| PROMOTIONAL MEALS | 3,069 | |||
| Rental Expenses | 7,960 | |||
| REPAIRS & MAINTENANCE | 4,005 | |||
| STIPENDS | 13,711 | |||
| TRANSPORTATION | 3,299 | |||
| UTILITIES | 4,806 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OTHER LONG TERM LIABILITIES | 4,531 | 4,650 |
| Rounding | 1 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER TAXES | 6,138 | |||
| REAL ESTATE TAXES | 3,290 |