| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Initial House Furniture | 2023-09-28 | 4,657 | 4,657 | Section 179 | 100.000000 | 4,657 | 0 | 4,657 | |
| 2009 Chysler 300 Vehicle | 2023-01-02 | 500 | 500 | Section 179 | 100.000000 | 500 | 0 | 500 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Initial house furniture fixtures | 0 | 4,657 | 0 | 4,424 |
| 2009 Chrysler 300 poor condition | 0 | 500 | 0 | 250 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Abandoned initial Property Development Sunk Costs | 14,532 | 0 | 14,532 | 0 |
| Vehicle Operating expense for transportation of residents gas insurance repairs | 3,283 | 0 | 3,283 | 0 |
| Program activity and services expense such as outings team building therapy sessions | 3,253 | 0 | 3,253 | 0 |
| Bank Fees Charges | 143 | 0 | 143 | 0 |
| Advertising and Marketing and Website | 1,657 | 0 | 1,657 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Program fees paid by residents admitted to our program | 20,646 | 0 | 20,646 |
| Name | Address |
|---|---|
| Peter Knox |
600 Gary Street Augusta,GA30904 |
| Jay Kimbel |
3034 Brighton Street Augusta,GA30906 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Richmond County Business License fee | 171 | 0 | 171 | 0 |
| Richmond County Vehicle Registration | 184 | 0 | 184 | 0 |