| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING SERVICES | 9,350 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| DEPRECIATION | 26,629 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 188,691 | 67,146 | 121,545 | 121,545 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| RELATED PARTY RECEIVABLE | 1,795 | 23,654 | 23,654 |
| EMPLOYEE RETENTION CREDITS RECEIVAB | 114,097 | ||
| RIGHT OF USE ASSET- OPERATING LEASE | 21,080 | 158,334 | 158,334 |
| INVESTMENT IN SUBSIDIARY | 17,500 | 17,500 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING & PROMOTION | 6,108 | |||
| BAD DEBTS | 12,000 | |||
| BANK CHARGES | 6,195 | |||
| COMPUTER EXPENSES | 7,819 | |||
| DUES & SUBSCRIPTIONS | 24,508 | |||
| INSURANCE | 28,850 | |||
| LEASE EXPENSE | 56,171 | |||
| OFFICE SUPPLIES | 19,003 | |||
| PAYROLL PROCESSING | 6,260 | |||
| POSTAGE & DELIVERY | 6,642 | |||
| PROFESSIONAL FEES | 37,859 | |||
| REPAIRS & MAINTENANCE | 42,369 | |||
| TELEPHONE EXPENSE | 53,932 | |||
| TRAINING | 13,783 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER REVENUE | 3,365 | 3,365 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ACCRUED PAYROLL | 23,229 | 21,380 |
| CREDIT CARDS | 34,056 | 38,043 |
| LINE OF CREDIT - CTB | 15,597 | 6,308 |
| LEASE LIABILITY | 21,081 | 158,335 |
| CUSTOMER DEPOSITS | 51,526 | 11,411 |
| RELATED PARTY PAYABLE | 3,835 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| VOICE NEWS NETWORK | 813,473 | 612,496 | 200,977 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 36,874 | |||
| OTHER TAXES | 770 |