| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting | 6,525 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| Mobil BBQ | 2018-10-08 | 5,300 | 3,437 | 200DB | 10.04 % | 532 | |||
| Copier | 2022-04-11 | 5,436 | 200DB | 14.29 % | 777 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 5,436 | 777 | 4,659 | |
| Machinery and Equipment | 5,300 | 3,969 | 1,331 | |
| Improvements | 1,056,711 | |||
| Land | 1,050,721 | 1,050,721 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal | 4,638 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Building - Work In Progress | 854,666 | 6,295,097 | 6,295,097 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Advertising | 2,000 | |||
| Bank Fees | 20 | |||
| Dues & Subscriptions | 775 | |||
| Liability Insurance | 2,653 | |||
| License & Permits | 228 | |||
| Office Expenses | 3,166 | |||
| Outsourced Labor | 8,877 | |||
| Property Insurance | 24,288 | |||
| Utilities | 3,094 | |||
| Website | 11,002 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Advisory | 50,758 | 50,758 | 50,758 | 0 |
| Management | 49,894 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Property Tax | 4,630 | -4,630 | -4,630 |