| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting | 1,170 | 0 | 0 | 0 |
| 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 Improvement | 2012-05-12 | 88,772 | 22,669 | SL | 2.56 % | 2,276 | |||
| Building | 2012-05-12 | 53,000 | 5,493 | SL | 2.56 % | 1,359 | |||
| Building Improvement | 2012-05-12 | 4,387 | 453 | SL | 2.56 % | 112 | |||
| Building Improvement | 2012-05-12 | 10,000 | 502 | SL | 2.56 % | 256 | |||
| Building | 2020-01-01 | 183,000 | 2,937 | SL | 2.56 % | 4,692 | |||
| Roof | 2021-03-22 | 8,000 | SL | 2.03 % | 163 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 5,825 | 2,476 | 3,349 | 3,349 |
| Furniture and Fixtures | 36,994 | 36,849 | 145 | 145 |
| Buildings | 244,000 | 14,644 | 229,356 | 229,356 |
| Improvements | 103,159 | 26,268 | 76,891 | 76,891 |
| Land | 882,000 | 882,000 | 882,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Auto Expenses | 2,677 | 2,677 | ||
| Bank Charges | 33 | 33 | ||
| Chapel Expenses | 6,643 | 6,643 | ||
| Educational | 694 | 694 | ||
| Insurance | 5,772 | 5,772 | ||
| Internet | 392 | 392 | ||
| Meals | 2,196 | 2,196 | ||
| Miscellaneous | 1,014 | 1,014 | ||
| Office Supplies | 480 | 480 | ||
| Postage and Shipping | 50 | 50 | ||
| Rental Expenses | 13,762 | 13,762 | ||
| Repair and Maintenance | 30,688 | 30,688 | ||
| Sanitation | 465 | 465 | ||
| Utilities | 2,468 | 2,468 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Contractor Fee | 14,654 | 0 | 0 | 14,654 |
| Professional Fees | 13,000 | 0 | 0 | 13,000 |