| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 800 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| CLOSING COST | 2006-01-01 | 21,622 | 5,766 | 15.0000 | 5,766 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| REFINANCE COST | 2021-03-26 | 18,446 | 1,202 | S/L | 27.5000 | 671 | 671 | 671 | |
| BUILDING | 2000-01-01 | 308,016 | 133,934 | S/L | 39.0000 | 7,898 | |||
| BLINDS | 2006-01-01 | 375 | 375 | 200DB | 7.0000 | ||||
| KITCHEN EQUIPMENT | 2006-02-02 | 16,372 | 16,372 | 200DB | 7.0000 | ||||
| IMPROVEMENTS | 2009-05-06 | 6,275 | 2,092 | S/L | 39.0000 | 161 | |||
| SPEAKERS AND MICROPHONES | 2009-05-15 | 1,527 | 1,527 | 200DB | 7.0000 | ||||
| IMPROVEMENTS | 2009-10-18 | 2,800 | 933 | S/L | 39.0000 | 72 | |||
| IMPROVEMENTS | 2009-06-08 | 2,500 | 833 | S/L | 39.0000 | 64 | |||
| IMPROVEMENTS | 2010-01-27 | 35,000 | 11,629 | S/L | 39.0000 | 898 | |||
| IMPROVEMENTS | 2006-02-02 | 3,703 | 1,234 | S/L | 39.0000 | 95 | |||
| SPEAKERS & MIXING BOARD | 2011-11-25 | 2,118 | 2,118 | 200DB | 7.0000 | ||||
| NEW BAR | 2011-09-11 | 2,600 | 2,600 | 200DB | 7.0000 | ||||
| LAND | 2006-01-01 | 75,000 | |||||||
| IMPROVEMENTS | 2013-02-13 | 12,400 | 3,140 | S/L | 39.0000 | 318 | |||
| APPLIANCE | 2013-11-18 | 871 | 871 | 200DB | 5.0000 | ||||
| TABLES & CHAIRS | 2019-11-18 | 10,319 | 10,319 | 200DB | 7.0000 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 459,939 | 172,623 | 287,316 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 459,042 | 214,991 | 244,051 | ||
| 75,000 | 75,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUILDING | ||||
| EXTERMINATING | 2,156 | 2,156 | 2,156 | |
| GARBAGE REMOVAL | 7,341 | 7,341 | 7,341 | |
| INSURANCE | 7,144 | 7,144 | 7,144 | |
| REPAIRS | 4,944 | 4,944 | 4,944 | |
| UTILITIES | 18,154 | 18,154 | 18,154 | |
| WATER & SEWER | 8,803 | 8,803 | 8,803 | |
| INVESTMENT DEPRECIATION | 8,955 | 8,955 | 8,955 | |
| EXPENSES | ||||
| ADVERTISING | 1,225 | |||
| PARTY SUPPLIES | 3,354 | 2,437 | ||
| DUES AND SUBSCRIPTION | 1,469 | |||
| DONATION | 500 | |||
| FLOWER/FRUIT ARRANGEMENTS | 2,270 | |||
| OFFICE SUPPLIES | 2,069 | |||
| PARADE BUS | 1,650 | |||
| SUPPLIES | 13,058 | |||
| TELEPHONE/INTERNET | 384 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| CLUB | 47,345 | 47,345 | |
| ANNUAL DANCE | 4,949 | 4,949 | |
| MEMBERSHIP DUES | 8,750 | 8,750 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| MORTGAGE PAYABLES | 459,660 | 434,479 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DANCE TEACHER | 9,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FIRE DEPT | 400 | |||
| BUILDING | 52,457 | 52,457 | 52,457 |