| 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 |
|---|---|---|---|---|---|---|---|---|---|
| HOUSING PROPERTY | 2019-08-31 | 117,000 | 14,358 | SL | 3.64 % | 4,254 | |||
| BUS | 2019-09-19 | 25,000 | 17,500 | SL | 20.00 % | 5,000 | |||
| HOUSE IMPROVEMENTS | 2020-02-25 | 12,500 | 6,250 | SL | 20.00 % | 2,500 | |||
| HOUSE IMPROVEMENTS | 2020-03-23 | 12,500 | 6,250 | SL | 20.00 % | 2,500 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Land | 167,000 | |||
| Miscellaneous | 167,000 | 58,612 | 108,388 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DISCRETIONARY FUND | 750 | 750 | |
| Rounding | 1 | 1 | |
| WELLS FARGO STOCKS | -982 | -982 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BAD DEBT EXPENSE | -1,110 | |||
| BANK FEES | 2,405 | |||
| COPY & PRINTING | 363 | |||
| INSURANCE | 9,710 | |||
| MEALS | 965 | |||
| MEDICAL SUPPORT | 7,625 | |||
| MEETING | 616 | |||
| MINISTORIAL SUPPORT | 285,895 | |||
| OFFICE | 1,418 | |||
| ONLINE FEES | 1,501 | |||
| POSTAGE & SHIPPING | 619 | |||
| PROFESSIONAL FEES | 8,785 | |||
| PROMOTION | 23,972 | |||
| TELEPHONE | 6,874 | |||
| TRAVEL | 8,524 | |||
| UTILITIES | 3,425 | |||
| VEHICLE EXPENSE | 164 |