| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 18,077 | 0 | 3,615 | 14,462 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| PRODUCTION EQUIPMENT - VIDEO/ESPN | 2015-04-30 | 8,885 | 8,885 | SL | 5.000000000000 | 0 | 0 | 0 | |
| PRODUCTION EQUIPMENT - STUDIO | 2016-07-13 | 2,529 | 2,529 | SL | 5.000000000000 | 0 | 0 | 0 | |
| PRODUCTION EQUIPMENT - VIDEO/ESPN | 2018-11-19 | 2,598 | 2,123 | SL | 5.000000000000 | 475 | 0 | 475 | |
| 2019 DODGE RAM | 2019-11-25 | 87,567 | 53,998 | SL | 5.000000000000 | 12,259 | 0 | 12,259 | |
| MACBOOK PRO | 2019-02-20 | 1,751 | 1,342 | SL | 5.000000000000 | 350 | 0 | 350 | |
| TWO NEW CAMERAS | 2019-12-20 | 2,598 | 1,560 | SL | 5.000000000000 | 520 | 0 | 520 | |
| NEW CAMERA & LENS | 2020-07-30 | 6,068 | 2,934 | SL | 5.000000000000 | 1,214 | 0 | 1,214 | |
| NEW HD PORTABLE CAMERA | 2021-02-18 | 1,288 | 473 | SL | 5.000000000000 | 258 | 0 | 258 | |
| TWO NEW CAMERA LENSES FOR WEBCAST | 2021-10-22 | 2,841 | 663 | SL | 5.000000000000 | 568 | 0 | 568 | |
| 2 BROKEN CAMERAS - REPLACEMENT | 2021-11-10 | 3,575 | 834 | SL | 5.000000000000 | 715 | 0 | 715 | |
| CAMERA PURCHASE FOR WEBCASTING MAIN CAMERA | 2021-11-26 | 3,361 | 728 | SL | 5.000000000000 | 672 | 0 | 672 | |
| SECOND MAIN CAMERA FOR WEBCAST | 2021-11-26 | 2,930 | 635 | SL | 5.000000000000 | 586 | 0 | 586 | |
| PRODUCTION EQUIPMENT -NEW LENSE FOR WEBCASTING GEAR | 2022-01-25 | 3,099 | 310 | SL | 5.000000000000 | 620 | 0 | 620 | |
| PRODUCTION EQUIPMENT - TRICASTER VIDEO EQUIPMENT ESPN | 2022-02-17 | 15,926 | 1,593 | SL | 5.000000000000 | 3,185 | 0 | 3,185 | |
| OFFICE COMPUTER | 2023-02-24 | 3,311 | SL | 5.000000000000 | 552 | 0 | 552 | ||
| VIDEO M ENCODER | 2023-09-22 | 7,971 | SL | 5.000000000000 | 399 | 0 | 399 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| PRODUCTION EQUIPMENT - VIDEO/ESPN | 8,885 | 8,885 | 0 | |
| PRODUCTION EQUIPMENT - STUDIO | 2,529 | 2,529 | 0 | |
| PRODUCTION EQUIPMENT - VIDEO/ESPN | 2,598 | 2,598 | 0 | |
| 2019 DODGE RAM | 87,567 | 51,954 | 35,613 | |
| MACBOOK PRO | 1,751 | 1,692 | 59 | |
| TWO NEW CAMERAS | 2,598 | 2,080 | 518 | |
| NEW CAMERA & LENS | 6,068 | 4,148 | 1,920 | |
| NEW HD PORTABLE CAMERA | 1,288 | 731 | 557 | |
| TWO NEW CAMERA LENSES FOR WEBCAST | 2,841 | 1,231 | 1,610 | |
| 2 BROKEN CAMERAS - REPLACEMENT | 3,575 | 1,549 | 2,026 | |
| CAMERA PURCHASE FOR WEBCASTING MAIN CAMERA | 3,361 | 1,400 | 1,961 | |
| SECOND MAIN CAMERA FOR WEBCAST | 2,930 | 1,221 | 1,709 | |
| PRODUCTION EQUIPMENT -NEW LENSE FOR WEBCASTING GEAR | 3,099 | 930 | 2,169 | |
| PRODUCTION EQUIPMENT - TRICASTER VIDEO EQUIPMENT ESPN | 15,926 | 4,778 | 11,148 | |
| OFFICE COMPUTER | 3,311 | 552 | 2,759 | |
| VIDEO M ENCODER | 7,971 | 399 | 7,572 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ORGANIZATIONAL COSTS | 2,692 | 2,692 | 2,692 |
| Description | Amount |
|---|---|
| NON-DEDUCTIBLE MEALS | 5,687 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 1,516 | 0 | 152 | 1,364 |
| WEBSITE MAINTENANCE & OPERATING COSTS | 2,760 | 0 | 0 | 2,760 |
| FED EXPRESS & POSTAGE | 13,550 | 0 | 2,710 | 10,840 |
| TOURNAMENT HOSTING & WEBCASTING | 554,680 | 0 | 0 | 554,680 |
| ADVERTISING AND PROMOTION | 16,262 | 0 | 8,131 | 8,131 |
| OFFICE EXPENSES | 25,866 | 0 | 5,173 | 20,693 |
| INSURANCE | 13,861 | 0 | 0 | 13,861 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| TOURNAMENT ENTRIES | 15,524 | 15,524 | |
| HOST/WEBCASTING FEES | 24,886 | 24,886 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 18,866 | 0 | 3,773 | 15,093 |