| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 6,231 | 0 | 6,231 |
| 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 | 2018-09-01 | 5,795 | 2,415 | SL | 7.000000000000 | 828 | 0 | ||
| EQUIPMENT | 2018-09-01 | 3,967 | 2,313 | SL | 5.000000000000 | 793 | 0 | ||
| FURNITURE | 2019-08-01 | 2,652 | 758 | SL | 7.000000000000 | 379 | 0 | ||
| FURNITURE | 2020-06-02 | 3,968 | 661 | SL | 7.000000000000 | 567 | 0 | ||
| CURRICULUM (NON-CONSUMABLE) | 2019-08-01 | 8,568 | 5,712 | SL | 3.000000000000 | 2,856 | 0 | ||
| SUPPLIES (NON-CONSUMABLE) | 2019-08-01 | 361 | 240 | SL | 3.000000000000 | 121 | 0 | ||
| LAND | 2020-08-01 | 30,000 | L | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE | 5,795 | 3,243 | 2,552 | |
| EQUIPMENT | 3,967 | 3,106 | 861 | |
| FURNITURE | 2,652 | 1,137 | 1,515 | |
| FURNITURE | 3,968 | 1,228 | 2,740 | |
| CURRICULUM (NON-CONSUMABLE) | 8,568 | 8,568 | 0 | |
| SUPPLIES (NON-CONSUMABLE) | 361 | 361 | 0 | |
| LAND | 30,000 | 0 | 30,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 262 | 0 | 262 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CURRICULUM | 4,944 | 0 | 4,944 | |
| GIFTS | 737 | 0 | 737 | |
| INSURANCE | 5,101 | 0 | 5,101 | |
| MARKETING | 1,124 | 0 | 1,124 | |
| ROYALTY | 3,709 | 0 | 3,709 | |
| SUPPLIES | 7,199 | 0 | 7,199 | |
| TECHNOLOGY | 1,239 | 0 | 1,239 | |
| TRAINING FEES | 255 | 0 | 255 | |
| EVENTS | 2,451 | 0 | 2,451 | |
| BACKGROUND CHECKS | 30 | 0 | 30 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| TUITION | 424,172 | 424,172 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD PAYABLE | 2,135 | 1,883 |
| SBA LOAN | 4,000 | 4,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL | 18,836 | 0 | 18,836 |