| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 7,895 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Vehicle | 2023-04-28 | 39,542 | 3,954 | SL | 20.00 % | 7,908 | |||
| Vehicle | 2024-05-28 | 27,096 | SL | 10.00 % | 2,710 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 66,638 | 14,572 | 52,066 | 52,066 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Advertising | 578 | 578 | ||
| Bank Fees | 410 | |||
| Computer and Internet Expense | 9,981 | 9,981 | ||
| Employee Benefits | 6,262 | 6,262 | ||
| Insurance | 700 | |||
| Investment Fees | 1,837 | 1,837 | ||
| Licenses & Fees | 50 | 50 | ||
| Operations | 7,438 | 7,438 | ||
| Payroll Processing Fees | 541 | 541 | ||
| Payroll Taxes | 6,179 | 6,179 | ||
| Reference Books | 1,438 | 1,435 | ||
| Registration Fees | 4,154 | 415 | ||
| Supplies | 45,057 | 45,057 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Outside Contract Services | 3,918 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Federal Taxes | 317 | 317 |