| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 6,232 |
| 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 | 2017-01-01 | 56,966 | 1,424 | S/L | 40.0000 | 1,424 | |||
| BUILDING RENOVATIONS | 2020-07-01 | 40,000 | 500 | S/L | 40.0000 | 1,000 | |||
| FLOORING | 2020-07-01 | 20,000 | 250 | S/L | 40.0000 | 500 | |||
| BUILDING REMODEL | 2021-03-15 | 112,790 | S/L | 40.0000 | 2,350 | ||||
| WASHER/DRYER | 2021-03-01 | 1,607 | S/L | 7.0000 | 191 | ||||
| EQUIPMENT | 2021-07-01 | 15,860 | S/L | 7.0000 | 1,133 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS | 249,121 | 8,772 | 240,349 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| TRAINING | 341 | |||
| INSURANCE | 2,560 | |||
| UTILITIES | 4,844 | |||
| SUPPLIES | 2,511 | |||
| ADVERTISING | 1,882 | |||
| BANK SERVICE CHARGES | 51 | |||
| DUES & SUBSCRIPTIONS | 150 | |||
| OFFICE EXPENSE | 1,883 | |||
| PROGRAM EXPENSE | 15,985 | |||
| CREDIT CARD FEES | 457 | |||
| SMALL EQUIPMENT | 2,751 | |||
| DELIVERY/SHIPPING | 610 | |||
| REPAIRS | 2,565 | |||
| MISCELLANEOUS | 3,968 | |||
| COST OF GOODS | 16,828 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PROGRAM SERVICE REVENUE | 43,268 | 43,268 | |
| OTHER REVENUE | 4,255 | 4,255 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| EDA LOAN | 33,753 | |
| SWIF LOAN | 3,500 | 3,231 |
| CITIZENS ALLIANCE LOAN | 33,406 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 1,383 | |||
| LICENSES | 849 |