| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE & EQUIPMENT - DESKS AND WORKSTATIONS | 2012-02-15 | 3,138 | 3,138 | SL | 7.000000000000 | 0 | 0 | 0 | |
| OFFICE FURNITURE | 2012-08-08 | 44,679 | 44,679 | SL | 7.000000000000 | 0 | 0 | 0 | |
| OFFICE FURNITURE | 2012-09-15 | 26,691 | 26,691 | SL | 7.000000000000 | 0 | 0 | 0 | |
| BLINDS | 2012-10-04 | 3,037 | 3,037 | SL | 7.000000000000 | 0 | 0 | 0 | |
| OFFICE FURNITURE | 2012-11-07 | 12,859 | 12,859 | SL | 7.000000000000 | 0 | 0 | 0 | |
| BLINDS | 2012-12-12 | 309 | 309 | SL | 7.000000000000 | 0 | 0 | 0 | |
| COMPUTER EQUIPMENT | 2012-08-26 | 14,246 | 14,246 | SL | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER EQUIPMENT | 2012-09-14 | 911 | 911 | SL | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER | 2012-10-01 | 1,357 | 1,357 | SL | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER | 2012-11-01 | 1,029 | 1,029 | SL | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER | 2012-12-31 | 3,480 | 3,480 | SL | 5.000000000000 | 0 | 0 | 0 | |
| PHONE SYSTEM | 2012-01-31 | 3,400 | 3,400 | SL | 5.000000000000 | 0 | 0 | 0 | |
| PHONE SYSTEM | 2012-08-09 | 12,192 | 12,192 | SL | 5.000000000000 | 0 | 0 | 0 | |
| PHONE SYSTEM | 2012-09-27 | 1,574 | 1,574 | SL | 5.000000000000 | 0 | 0 | 0 | |
| PHONE SYSTEM | 2012-11-29 | 200 | 200 | SL | 5.000000000000 | 0 | 0 | 0 | |
| LEASEHOLD IMPROVEMENT TO WASHINGTON STREET | 2012-01-11 | 4,500 | 4,500 | SL | 2.000000000000 | 0 | 0 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 2012-09-01 | 3,270 | 3,270 | SL | 10.000000000000 | 0 | 0 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 2012-09-01 | 35,650 | 35,650 | SL | 10.000000000000 | 0 | 0 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 2012-09-01 | 122,162 | 122,162 | SL | 10.000000000000 | 0 | 0 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 2012-09-01 | 522,561 | 522,561 | SL | 10.000000000000 | 0 | 0 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 2012-09-15 | 24,037 | 24,037 | SL | 10.000000000000 | 0 | 0 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 2012-10-15 | 107 | 107 | SL | 10.000000000000 | 0 | 0 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 2012-11-20 | 26,019 | 26,019 | SL | 10.000000000000 | 0 | 0 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 2012-12-05 | 270 | 270 | SL | 10.000000000000 | 0 | 0 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER AVENUE | 2013-02-04 | 3,217 | 3,193 | SL | 10.000000000000 | 24 | 0 | 24 | |
| FURNITURE | 2014-05-17 | 2,780 | 2,780 | SL | 7.000000000000 | 0 | 0 | 0 | |
| FURNITURE | 2014-12-04 | 3,007 | 3,007 | SL | 7.000000000000 | 0 | 0 | 0 | |
| FURNITURE | 2015-08-23 | 1,975 | 1,975 | SL | 7.000000000000 | 0 | 0 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER AVENUE | 2015-03-13 | 2,926 | 2,295 | SL | 10.000000000000 | 293 | 0 | 293 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER AVENUE | 2016-01-06 | 8,930 | 8,930 | SL | 6.000000000000 | 0 | 0 | 0 | |
| COMPUTER EQUIPMENT | 2018-10-17 | 7,689 | 6,408 | SL | 5.000000000000 | 1,281 | 0 | 1,281 | |
| COMPUTER EQUIPMENT | 2019-09-19 | 6,011 | 3,907 | SL | 5.000000000000 | 1,202 | 0 | 1,202 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER AVENUE | 2019-03-11 | 21,032 | 21,032 | SL | 3.000000000000 | 0 | 0 | 0 | |
| OFFICE EQUIPMENT | 2021-10-12 | 6,008 | 1,502 | SL | 5.000000000000 | 1,202 | 0 | 1,202 | |
| COMPUTERS | 2021-07-06 | 9,017 | 2,705 | SL | 5.000000000000 | 1,803 | 0 | 1,803 | |
| COMPUTER EQUIPMENT | 2021-07-30 | 2,853 | 809 | SL | 5.000000000000 | 571 | 0 | 571 | |
| COMPUTER | 2021-11-07 | 2,961 | 691 | SL | 5.000000000000 | 592 | 0 | 592 | |
| COMPUTER | 2022-09-08 | 2,970 | 198 | SL | 5.000000000000 | 594 | 0 | 594 | |
| COMPUTER | 2023-05-02 | 2,781 | SL | 5.000000000000 | 371 | 0 | 371 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE & EQUIPMENT - DESKS AND WORKSTATIONS | 3,138 | 3,138 | 0 | |
| OFFICE FURNITURE | 44,679 | 44,679 | 0 | |
| OFFICE FURNITURE | 26,691 | 26,691 | 0 | |
| BLINDS | 3,037 | 3,037 | 0 | |
| OFFICE FURNITURE | 12,859 | 12,859 | 0 | |
| BLINDS | 309 | 309 | 0 | |
| COMPUTER EQUIPMENT | 14,246 | 14,246 | 0 | |
| COMPUTER EQUIPMENT | 911 | 911 | 0 | |
| COMPUTER | 1,357 | 1,357 | 0 | |
| COMPUTER | 1,029 | 1,029 | 0 | |
| COMPUTER | 3,480 | 3,480 | 0 | |
| PHONE SYSTEM | 3,400 | 3,400 | 0 | |
| PHONE SYSTEM | 12,192 | 12,192 | 0 | |
| PHONE SYSTEM | 1,574 | 1,574 | 0 | |
| PHONE SYSTEM | 200 | 200 | 0 | |
| LEASEHOLD IMPROVEMENT TO WASHINGTON STREET | 4,500 | 4,500 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 3,270 | 3,270 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 35,650 | 35,650 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 122,162 | 122,162 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 522,561 | 522,561 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 24,037 | 24,037 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 107 | 107 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 26,019 | 26,019 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER STREET | 270 | 270 | 0 | |
| LEGAL FEES ASSOCIATED WITH DORCHESTER LEASE | 76,019 | 76,019 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER AVENUE | 3,217 | 3,217 | 0 | |
| FURNITURE | 2,780 | 2,780 | 0 | |
| FURNITURE | 3,007 | 3,007 | 0 | |
| FURNITURE | 1,975 | 1,975 | 0 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER AVENUE | 2,926 | 2,588 | 338 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER AVENUE | 8,930 | 8,930 | 0 | |
| COMPUTER EQUIPMENT | 7,689 | 7,689 | 0 | |
| COMPUTER EQUIPMENT | 6,011 | 5,109 | 902 | |
| LEASEHOLD IMPROVEMENTS TO DORCHESTER AVENUE | 21,032 | 21,032 | 0 | |
| OFFICE EQUIPMENT | 6,008 | 2,704 | 3,304 | |
| COMPUTERS | 9,017 | 4,508 | 4,509 | |
| COMPUTER EQUIPMENT | 2,853 | 1,380 | 1,473 | |
| COMPUTER | 2,961 | 1,283 | 1,678 | |
| COMPUTER | 2,970 | 792 | 2,178 | |
| COMPUTER | 2,781 | 371 | 2,410 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES - GENERAL | 4,390 | 0 | 0 | 4,390 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LEASE ACQUISITION COSTS | 76,019 | 76,019 | 76,019 |
| ACCUMULATED AMORTIZATION | -76,019 | -76,019 | -76,019 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 19,677 | 0 | 0 | 19,677 |
| STUDENT TRANSPORTATION | 323,256 | 0 | 0 | 323,256 |
| STUDENT MEALS | 25,952 | 0 | 0 | 25,952 |
| OTHER PROGRAM COSTS | 18,580 | 0 | 0 | 18,580 |
| ADVERTISING | 386 | 0 | 0 | 386 |
| OFFICE EXPENSES | 64,176 | 0 | 0 | 64,176 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 54,521 | 0 | 0 | 54,521 |