| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEE | 1,825 | 0 | 0 | 1,825 |
| 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 | 2020-07-07 | 330,883 | 17,045 | SL | 27.500000000000 | 9,024 | 9,024 | 9,024 | |
| LAND | 2020-07-07 | 330,884 | L | 27.500000000000 | 0 | 0 | 0 | ||
| BUILDING IMPROVEMENTS | 2021-03-03 | 11,674 | 318 | SL | 27.500000000000 | 318 | 318 | 318 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER RECEIVABLE | 11,952 | 12,485 | 12,485 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGE | 20 | 0 | 0 | 20 |
| PROGRAM EXPENSE | 3,451 | 0 | 0 | 3,451 |
| TELEPHONE | 866 | 0 | 0 | 866 |
| FILING FEE | 150 | 0 | 0 | 150 |
| MEALS EXPENSE | 97 | 0 | 0 | 97 |
| AUTO EXPENSE | 63 | 0 | 0 | 63 |
| HOA | 1,695 | 1,695 | 1,695 | 0 |
| LEGAL | 383 | 383 | 383 | 0 |
| INSURANCE | 3,564 | 3,564 | 3,564 | 0 |
| REPAIR AND MAINTENANCE | 20,998 | 20,998 | 20,998 | 0 |
| UTILITIES | 3,164 | 3,164 | 3,164 | 0 |
| PROPERTY TAX | 4,666 | 4,666 | 4,666 | 0 |
| DEPOSIT RETURN | 6,315 | 6,315 | 6,315 | 0 |
| 0 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD PAYABLE | 3,111 | 2,304 |
| LOAN FROM FOUNDER | 19,000 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| IRS TAX | 5,711 | 5,711 | 5,711 | 0 |