| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COCHRAN & ASSOCIATES PREP OF 990PF & FS | 2,499 | 0 | 2,499 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 1985-01-01 | 105,186 | 99,927 | SL | 40.000000000000 | 2,630 | 2,630 | 2,630 | |
| FENCING | 1985-01-01 | 7,293 | 7,293 | SL | 10.000000000000 | 0 | 0 | 0 | |
| PLAYGROUND EQUIPMENT | 1985-01-01 | 1,000 | 1,000 | SL | 10.000000000000 | 0 | 0 | 0 | |
| SIGN | 1985-01-01 | 4,950 | 4,950 | SL | 10.000000000000 | 0 | 0 | 0 | |
| COPIER | 2001-07-01 | 680 | 680 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| LAND | 1985-01-01 | 20,000 | L | 0 | 0 | 0 | |||
| RANGE HOOD | 2003-11-01 | 1,364 | 1,364 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| CARPET | 2003-02-01 | 6,281 | 6,281 | 150DB | 5.000000000000 | 0 | 0 | 0 | |
| ROOF REPAIRS | 2004-10-01 | 4,000 | 1,867 | SL | 39.000000000000 | 103 | 103 | 103 | |
| SEPTIC SYSTEM | 2004-12-31 | 1,698 | 786 | SL | 39.000000000000 | 44 | 44 | 44 | |
| NEW ROOF | 2008-09-01 | 19,175 | 7,027 | SL | 39.000000000000 | 492 | 492 | 492 | |
| GARAGE SIDING | 2013-01-18 | 2,178 | 556 | SL | 39.000000000000 | 56 | 56 | 56 | |
| BASKETBALL COURT | 2017-06-01 | 4,665 | 2,048 | 150DB | 15.000000000000 | 275 | 275 | 275 | |
| WATER HEATER | 2019-06-01 | 900 | 619 | 150DB | 7.000000000000 | 80 | 80 | 80 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 105,186 | 102,557 | 2,629 | |
| FENCING | 7,293 | 7,293 | 0 | |
| PLAYGROUND EQUIPMENT | 1,000 | 1,000 | 0 | |
| SIGN | 4,950 | 4,950 | 0 | |
| COPIER | 680 | 680 | 0 | |
| LAND | 20,000 | 0 | 20,000 | |
| RANGE HOOD | 1,364 | 1,364 | 0 | |
| CARPET | 6,281 | 6,281 | 0 | |
| ROOF REPAIRS | 4,000 | 1,970 | 2,030 | |
| SEPTIC SYSTEM | 1,698 | 830 | 868 | |
| NEW ROOF | 19,175 | 7,519 | 11,656 | |
| GARAGE SIDING | 2,178 | 612 | 1,566 | |
| BASKETBALL COURT | 4,665 | 2,323 | 2,342 | |
| WATER HEATER | 900 | 699 | 201 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 292 | 73 | 146 | 73 |
| LAWN CARE EXPENSE | 1,035 | 259 | 518 | 258 |
| OFFICE EXPENSE | 109 | 27 | 55 | 27 |
| POSTAGE | 66 | 17 | 33 | 18 |
| SECURITY | 710 | 178 | 355 | 179 |
| SUPPLIES | 363 | 91 | 182 | 92 |
| TELEPHONE | 1,442 | 361 | 721 | 360 |
| VENUE EXPENSE | 250 | 63 | 125 | 62 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 846 | 212 | 423 | 211 |