| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 2,460 | 2,460 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE EQUIPMENT | 2019-06-01 | 2,501 | 2,501 | 200DB | 7.0000 | ||||
| FOUNDATION SIGN | 2020-06-02 | 4,500 | 4,500 | 200DB | 7.0000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| VANGUARD | 75,287 | 75,287 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 7,001 | 7,001 | 7,001 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RAFFLE/GOLF FUNDRAISER | ||||
| FUNDRAISING EXPENSE | 58,186 | 58,186 | ||
| EXPENSES | ||||
| OFFICE EXPENSE | 832 | 832 | ||
| ADVERTISE/MARKETING | ||||
| MEALS | 1,382 | 1,382 | ||
| SUPPLY | 160 | 160 | ||
| PHONE | ||||
| SHOE PROGRAM EXPENSE | 14,736 | 14,736 | ||
| FEES/LICENSES | ||||
| POSTAGE | 531 | 531 | ||
| BOOK PROGRAM EXPENSE | ||||
| SCHOOL SUPPLY PROGRAM EXP | 1,148 | 1,148 | ||
| TELEPHONE | 2,108 | 2,108 | ||
| BANK FEE | 36 | 36 | ||
| COMPUTER EXPENSE | 1,057 | 1,057 | ||
| INSURANCE | 785 | 785 | ||
| REPAIRS & MAINTENANCE | 593 | 593 | ||
| SCHOLARSHIP MANAGEMENT | 4,000 | 4,000 | ||
| MISC. | 324 | 324 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RAFFLE/GOLF FUNDRAISER | 85,050 | 85,050 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAX LIABILITY | 1,830 | 162 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUS LICENSE/PERMITS | 10 | 10 |