| 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 |
|---|---|---|---|---|---|---|---|---|---|
| CONSTRUCTION | 2019-10-01 | 201,290 | 21,719 | SL | 39.000000000000 | 5,161 | 0 | 5,161 | |
| CHURCH FACILITIES CONSTRUCTION | 2020-06-25 | 57,497 | 5,221 | SL | 39.000000000000 | 1,474 | 0 | 1,474 | |
| MEETING PLACE | 2020-07-13 | 10,000 | 150DB | 20.000000000000 | 0 | 0 | 0 | ||
| BATH HOUSE KITCHEN | 2020-05-02 | 10,000 | 150DB | 20.000000000000 | 0 | 0 | 0 | ||
| PARSONAGES | 2020-03-04 | 27,132 | 150DB | 20.000000000000 | 0 | 0 | 0 | ||
| IMPROVEMENTS | 2022-06-30 | 11,412 | 452 | SL | 39.000000000000 | 293 | 0 | 293 | |
| FURNITURE | 2019-10-01 | 2,584 | 200DB | 7.000000000000 | 0 | 0 | 0 | ||
| PREVIOUSLY DEPRECIATED ASSETS | 2010-01-01 | 33,131 | 33,131 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| LAND | 2018-05-01 | 48,907 | L | 0 | 0 | 0 | |||
| APPLIANCES | 2023-02-15 | 1,728 | 453 | 200DB | 7.000000000000 | 364 | 0 | 247 | |
| CONSTRUCTION | 2023-06-02 | 4,578 | 68 | SL | 39.000000000000 | 117 | 0 | 117 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| CONSTRUCTION | 201,290 | 26,880 | 174,410 | 174,410 |
| CHURCH FACILITIES CONSTRUCTION | 57,497 | 6,695 | 50,802 | 50,802 |
| MEETING PLACE | 10,000 | 10,000 | 0 | 0 |
| BATH HOUSE KITCHEN | 10,000 | 10,000 | 0 | 0 |
| PARSONAGES | 27,132 | 27,132 | 0 | 0 |
| IMPROVEMENTS | 11,412 | 745 | 10,667 | 10,667 |
| FURNITURE | 2,584 | 2,584 | 0 | 0 |
| PREVIOUSLY DEPRECIATED ASSETS | 33,131 | 33,131 | 0 | 0 |
| LAND | 48,907 | 0 | 48,907 | 48,907 |
| APPLIANCES | 1,728 | 817 | 911 | 911 |
| CONSTRUCTION | 4,578 | 185 | 4,393 | 4,393 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 849 | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 650 | 0 | 0 | 0 |
| MEALS & FELLOWSHIPS | 45,072 | 0 | 0 | 0 |
| OFFICE SUPPLIES | 6,446 | 0 | 0 | 0 |
| SECURITY | 203 | 0 | 0 | 0 |
| GAS & TRANSPORT | 7,172 | 0 | 0 | 0 |
| REPAIRS & MAINTENANCE | 6,410 | 0 | 0 | 0 |
| BENEVOLENCE | 2,331 | 0 | 0 | 0 |
| UNIFORMS | 173 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTIES | 204 | 204 | 204 |