| 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 AND FIXTURES | 2018-10-26 | 98,299 | 49,935 | 200DB | 7.000000000000 | 13,821 | 0 | 14,043 | |
| LEASEHOLD IMPROVEMENTS | 2019-06-30 | 6,197 | 899 | 150DB | 15.000000000000 | 530 | 0 | 413 | |
| MACHINERY AND EQUIPMENT | 2020-05-12 | 15,695 | 200DB | 5.000000000000 | 0 | 0 | 3,139 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE AND FIXTURES | 98,299 | 63,756 | 34,543 | 34,543 |
| LEASEHOLD IMPROVEMENTS | 6,197 | 1,429 | 4,768 | 4,768 |
| MACHINERY AND EQUIPMENT | 15,695 | 15,695 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER ASSETS | 22,899 | 0 | 0 |
| SECURITY DEPOSIT | 6,509 | 6,509 | 6,509 |
| PREPAID EXPENSES | 325 | 325 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING/ PROMOTION | 68,875 | 0 | 0 | 68,875 |
| DUES AND SUBSCRIPTIONS | 685 | 0 | 0 | 685 |
| REPAIR AND MAINTENANCE | 16,393 | 0 | 0 | 16,393 |
| UTILITIES | 4,228 | 0 | 0 | 4,228 |
| MEALS | 1,469 | 0 | 0 | 1,469 |
| SECURITY | 975 | 0 | 0 | 975 |
| BANK CHARGES | 21,648 | 21,648 | 0 | 0 |
| MISCELLANEOUS | 360 | 0 | 0 | 360 |
| CELL PHONE | 2,368 | 0 | 0 | 2,368 |
| INTERNET | 5,179 | 0 | 0 | 5,179 |
| OFFICE AND ADMINISTRATIVE EXPENSES | 2,887 | 0 | 0 | 2,887 |
| JANITORAL SERVICES | 1,302 | 0 | 0 | 1,302 |
| EQUIPMENT RENTAL | 3,609 | 0 | 0 | 3,609 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO CARRIE MEEK GROUP | 18,365 | 0 |
| DUE TO CPM COMMUNITY | 250,000 | 0 |
| ACCRUED EXPENSES | 0 | 78,095 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES - BUSINESS AND MANAGEMENT | 116,566 | 0 | 0 | 116,566 |
| PROFESSIONAL FEES | 60,995 | 0 | 0 | 60,995 |
| IT FEES | 4,750 | 0 | 0 | 4,750 |
| CONTRACT LABOR | 96,005 | 0 | 0 | 96,005 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL AND STATE TAXES | 186,800 | 0 | 0 | 0 |
| FOREIGN TAXES | 29 | 0 | 0 | 0 |