| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING AND AUDITS | 23,652 | 0 | 11,826 | 11,826 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SOFTWARE | 2005-01-01 | 3,785 | 3,785 | SL | 3.000000000000 | 0 | 0 | 0 | |
| HP COMPUTER | 2010-06-30 | 1,150 | 904 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| HP COMPUTER | 2011-09-30 | 850 | 737 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| LAPTOP | 2011-04-29 | 780 | 652 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| NETWORK SERVER | 2013-12-11 | 3,876 | 3,876 | SL | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTERS | 2014-05-29 | 2,855 | 2,618 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTERS | 2015-04-30 | 1,999 | 1,834 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER | 2015-05-22 | 1,221 | 1,120 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER | 2021-05-04 | 22,500 | 12,600 | 200DB | 5.000000000000 | 3,960 | 0 | 4,500 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| SOFTWARE | 3,785 | 3,785 | 0 | |
| HP COMPUTER | 1,150 | 904 | 246 | |
| HP COMPUTER | 850 | 737 | 113 | |
| LAPTOP | 780 | 652 | 128 | |
| NETWORK SERVER | 3,876 | 3,876 | 0 | |
| COMPUTERS | 2,855 | 2,618 | 237 | |
| COMPUTERS | 1,999 | 1,834 | 165 | |
| COMPUTER | 1,221 | 1,120 | 101 | |
| COMPUTER | 22,500 | 16,560 | 5,940 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ALUMNI PROGRAMS | 36,486 | 0 | 18,243 | 18,243 |
| ARMENIAN PR CAMPAIGN | 66,553 | 0 | 66,553 | 0 |
| AVC | 198,528 | 0 | 99,264 | 99,264 |
| BANK FEES/CREDIT CARD FEES | 1,134 | 0 | 567 | 567 |
| BR ALUMNI APP | 237 | 0 | 118 | 119 |
| DIGITAL MARKETING | 39,996 | 0 | 19,998 | 19,998 |
| EDUCTIONAL HUB | 9,374 | 0 | 4,687 | 4,687 |
| FIXED ASSETS | 7,998 | 0 | 3,999 | 3,999 |
| HAVACKS/FORUMS | 10,011 | 0 | 5,005 | 5,006 |
| HOMESTAY | 117,900 | 0 | 58,950 | 58,950 |
| INSURANCE | 5,475 | 0 | 2,737 | 2,738 |
| LANGUAGE | 41,861 | 0 | 20,930 | 20,931 |
| MISCELLANEOUS | 3,957 | 0 | 1,977 | 1,980 |
| OFFICE REFURBISHING | 2,173 | 0 | 1,086 | 1,087 |
| OFFICE SUPPLIES | 12,072 | 0 | 6,036 | 6,036 |
| ONLINE LANGUAGE PROGRAM | 19,909 | 0 | 9,954 | 9,955 |
| OOY COMM SERVICE PROJECTS | 31,001 | 0 | 15,500 | 15,501 |
| ORIENTATION | 18,854 | 0 | 9,427 | 9,427 |
| RECRUITMENT | 109 | 0 | 54 | 55 |
| SMALL EQUIPMENT/SOFTWARE | 334 | 0 | 167 | 167 |
| TRAINING | 8 | 0 | 4 | 4 |
| TRANSLATION | 1,933 | 0 | 966 | 967 |
| WEB | 17,453 | 0 | 8,726 | 8,727 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| EXCURSION REVENUE | 26,982 | 26,982 | |
| OTHER PROGRAM REVENUE | 1,320 | 1,320 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER FEES | 3,206 | 0 | 1,603 | 1,603 |
| SUPPORT/CONTRACTORS-OUTSOURCED | 16,470 | 0 | 8,235 | 8,235 |
| Name | Address |
|---|---|
|
THE H HOVNANIAN FAMILY FOUNDATION INC |
4000 ROUTE 66 TINTON FALLS,NJ07753 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL | 65,936 | 0 | 0 | 65,936 |