| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,820 | 2,820 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| DEPRECIATION EXPENSE | 1,418 | 210 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| HP ELITE 800 DESKTOP COMPUTER | 2016-08 | PURCHASE | 2022-01 | 1,434 | 1,434 | |||||
| APPLE LAPTOP + WARRANTY | 2020-09 | PURCHASE | 2022-01 | 1,629 | -1,195 | 434 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FIXED ASSETS |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PATENT/TRADEMARK | 325 | 4,825 | 4,825 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| TELEPHONE | 677 | 677 | ||
| DUES & SUBSCRIPTIONS | 264 | 264 | ||
| OFFICE SUPPLIES | 421 | 421 | ||
| PAYROLL SERVICE | 2,243 | 2,243 | ||
| BANK FEES | 13 | 13 | ||
| SUBCONTRACTOR | 1,835 | 1,835 | ||
| REPAIR AND MAINTENANCE | 2,361 | 2,361 | ||
| ADMINISTATION MGMT EXP | 18,000 | 18,000 | ||
| CONTRIBUTION EXP | 46 | 46 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD | 48 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | ||||
| OUTSIDE SERVICES | 940 | 940 |