| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FINANCIAL STATEMENT AND TAX RETURN PREPARATION | 3,550 | 0 | 3,550 | |
| BOOKKEEPING | 5,313 | 0 | 5,313 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE EQUIPMENT | 2020-12-31 | 9,674 | 9,674 | SL | 5.000000000000 | 0 | 0 | ||
| OFFICE EQUIPMENT | 2020-12-31 | 6,475 | 6,475 | SL | 3.000000000000 | 0 | 0 | ||
| OFFICE EQUIPMENT | 2020-12-31 | 10,907 | 10,907 | SL | 3.000000000000 | 0 | 0 | ||
| OFFICE EQUIPMENT | 2020-12-31 | 7,796 | 7,796 | SL | 3.000000000000 | 0 | 0 | ||
| WEBSITE | 2020-12-30 | 22,000 | 22,000 | SL | 3.000000000000 | 0 | 0 | ||
| WEBSITE | 2021-12-31 | 12,000 | 5,700 | SL | 3.000000000000 | 4,000 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE EQUIPMENT | 9,674 | 9,674 | 0 | |
| OFFICE EQUIPMENT | 6,475 | 6,475 | 0 | |
| OFFICE EQUIPMENT | 10,907 | 10,907 | 0 | |
| OFFICE EQUIPMENT | 7,796 | 7,796 | 0 | |
| WEBSITE | 22,000 | 22,000 | 0 | |
| WEBSITE | 12,000 | 9,700 | 2,300 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 3,500 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MARKETING | 1,620 | 0 | 1,620 | |
| SUPPLIES | 2,716 | 0 | 2,716 | |
| TELEPHONE | 852 | 0 | 852 | |
| WEBSITE | 500 | 0 | 500 | |
| INSURANCE | 2,112 | 0 | 2,112 | |
| POSTAGE & PRINTING | 194 | 0 | 194 | |
| MISCELLANEOUS | 1,836 | 0 | 1,836 | |
| SPECIAL PROJECTS | 2,600 | 0 | 2,600 |