| 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 |
|---|---|---|---|---|---|---|---|---|---|
| RENOVATION | 2016-06-05 | 5,000 | 965 | SL | 39.000000000000 | 128 | |||
| 508 i STREET NW | 2017-01-01 | 599,000 | 106,873 | SL | 39.000000000000 | 15,359 | |||
| RENOVATION | 2024-01-01 | 40,865 | SL | 39.000000000000 | 1,004 | ||||
| OUTSIDE LINE REPLACEMENT | 2024-01-01 | 10,600 | SL | 39.000000000000 | 260 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND, BUILDING & EQUIPMENT(06/05/2016) | 599,000 | 122,232 | 476,768 | |
| RENOVATION (06/05/2017) | 5,000 | 978 | 4,022 | |
| RENOVATION (01/01/2024) | 40,865 | 1,004 | 39,861 | |
| OUTSIDE LINE REPLACEMET(1/01/2024) | 10,600 | 260 | 10,340 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| RENOVATION IN PROGESS | 40,865 | 0 | 0 |
| ADJUST FOR DISALLOWED DEPRECIATION | 0 | 30,026 | 30,026 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REPAIRS/MAINTENANCE/REPLACEMENT | 6,313 | |||
| INSURANCE | 5,326 | |||
| OFFICE SUPPLIES & SERVICES | 4,971 | |||
| UTILITIES | 12,784 | |||
| EVENTS & ENTERTAINMENT | 4,119 | |||
| OTHER ORGANIZATION EXPENSE | 1,322 | |||
| ASSOC DUES | 200 | |||
| ORGANIZATION DUE | 755 |
| Description | Amount |
|---|---|
| CD INTEREST | 636 |
| MISC ADJ | 140 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DC PROPERTY TAX | 9,781 |