| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BEGINNING ASSETS | 2015-06-30 | 286,726 | 80,528 | SL | 21.000000000000 | 13,654 | 0 | 13,654 | |
| BUILDING | 2017-12-20 | 157,289 | 10,083 | SL | 39.000000000000 | 4,033 | 0 | 4,033 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MUTUAL FUNDS | AT COST | 332,908 | 386,139 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING & EQUPMENT | 444,015 | 108,298 | 335,717 | 444,014 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 2,458 | 2,458 | 0 | 0 |
| INSURANCE | 17,030 | 0 | 0 | 17,030 |
| OFFICE EXPENSES | 12,799 | 0 | 0 | 12,799 |
| STAFF DEVELOPMENT | 3,181 | 0 | 0 | 3,181 |
| PROGRAM SUPPLIES AND EQUIPMENT | 63,658 | 0 | 0 | 63,658 |
| COMMUNICATIONS | 3,537 | 0 | 0 | 3,537 |
| EQUIPMENT RENT | 2,287 | 0 | 0 | 2,287 |
| SCHOOL DISTRICT EXPENSES | 20,374 | 0 | 0 | 20,374 |
| REPAIR AND MAINTENANCE | 430 | 0 | 0 | 430 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MEMBERSHIP DUES AND ASSESSMENTS | 74,826 | 74,826 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO RED WING ISD #256 | 223,373 | 313,953 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING | 3,675 | 0 | 0 | 3,675 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL | 14,610 | 0 | 0 | 0 |