| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LEASEHOLD IMPROVEMENTS | 2021-12-21 | 5,936 | 148 | S/L | 40.0000 | 149 | |||
| LEASEHOLD IMPROVEMENTS | 2023-01-01 | 127,175 | S/L | 15.0000 | 4,239 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 133,111 | 4,536 | 128,575 | 128,575 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING | 1,569 | 1,569 | ||
| BANK FEES | 738 | |||
| BOOKS & SUBSCRIPTIONS | 3,069 | 3,069 | ||
| EVENTS | 521 | 521 | ||
| GROCERIES | 12,926 | 12,926 | ||
| INSURANCE | 7,089 | 7,089 | ||
| OFFICE EXPENSE | 3,676 | |||
| PAYROLL PROCESSING | 4,554 | 4,554 | ||
| SUPPLIES | 25,223 | 25,223 | ||
| TAXES & LICENSES | 145 | |||
| TELEPHONE | 4,177 | 4,177 | ||
| WORKER'S COMP | 2,323 | 2,323 | ||
| TIMING DIFFERENCES | 225 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| TUITION | 441,135 | 441,135 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT OTHER PROFESSIONAL FEES | 10,388 | 10,388 |