| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTERS | 2022-03-31 | 2,807 | SL | 5.000000000000 | 561 | 0 | 561 | ||
| FULFILLMENT CENTER EQUIPMENT | 2022-03-31 | 3,570 | SL | 5.000000000000 | 714 | 0 | 714 | ||
| FULFILLMENT CENTER EQUIPMENT | 2024-02-22 | 7,805 | SL | 5.000000000000 | 130 | 0 | 130 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| ICHRA PROGRAM | FORM 990-PF, PAGE 6, PART VII, SECTION 2, COLUMN (E) | NATIONAL SCHOOL CHOICE AWARENESS FOUNDATION, INC. (NSCAF) PROVIDES BENEFITS TO ITS EMPLOYEES THROUGH INDIVIDUAL COVERAGE HEALTH INSURANCE REIMBURSEMENT ARRANGEMENT (ICHRA), IN WHICH EMPLOYEES PAY FOR HEALTH INSUANCE THAT THEY PURCHASE ON THEIR OWN, AND NSCAF REIMBURSES THEM FOR SOME OR ALL OF THEIR HEALTH INSURANCE PREMIUMS. |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COMPUTERS | 2,807 | 561 | 2,246 | 2,246 |
| FULFILLMENT CENTER EQUIPMENT | 3,570 | 714 | 2,856 | 2,856 |
| FULFILLMENT CENTER EQUIPMENT | 7,805 | 130 | 7,675 | 7,675 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OPERATING LEASE RIGHT-OF-USE ASSET | 615,506 | 615,506 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONTRACT LABOR | 1,326,833 | 0 | 232,898 | 1,093,935 |
| DIRECT GENERAL PROGRAM EXPENSES | 109,652 | 0 | 0 | 109,652 |
| EQUIPMENT & SUPPLIES | 82,188 | 0 | 0 | 82,188 |
| FULFILLMENT CENTER | 1,546,489 | 0 | 0 | 1,546,489 |
| FUNDRAISING EXPENSES | 76,365 | 0 | 0 | 76,365 |
| INDIRECT GENERAL PROGRAM EXPENSES | 9,548 | 0 | 0 | 9,548 |
| INSURANCE | 52,896 | 0 | 0 | 52,896 |
| PARTNER ENGAGEMENT AND EVENTS | 753,069 | 0 | 0 | 753,069 |
| PROGRAM RESERVE ACCOUNTS | 4,332 | 0 | 0 | 4,332 |
| PUBLIC AWARENESS | 958,913 | 0 | 0 | 958,913 |
| SCHOOL & HOMESCHOOL RECRUITMENT | 2,100 | 0 | 0 | 2,100 |
| SOFTWARE, SUBSCRIPTIONS & TELECOMMUNICATIONS | 187,979 | 0 | 0 | 187,979 |
| WEBSITE & MARKETING | 8,950 | 0 | 0 | 8,950 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OPERATING LEASE LIABILITY | 0 | 615,506 |
| Name | Address |
|---|---|
| GLEASON FAMILY FOUNDATION |
13981 BOWMAN ROAD PINE GROVE,CA95665 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 137,488 | 0 | 0 | 137,488 |
| TAXES AND FEES | 3,594 | 0 | 0 | 3,594 |