| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| ORGANIZATION EXPENSE | 1995-01-01 | 4,434 | 4,434 | 5.000000000000 | 4,434 |
| Person Name | Explanation |
|---|---|
| TERRELL YONKERS | COVERS 40 HOURS PER WEEK |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE BUILDING | 1995-01-01 | 28,000 | 21,010 | SL | 39 | 700 | 0 | 0 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 6990DINGS AND EQUIPMENT | 66,421 | 59,431 | 6,990 | 15,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 25 | 0 | 0 | 25 |
| INSURANCE | 1,785 | 0 | 0 | 1,785 |
| LABOR | 896 | 0 | 0 | 896 |
| SUPPLIES | 3,856 | 0 | 0 | 3,856 |
| POSTAGE | 116 | 0 | 0 | 116 |
| UTILITIES | 537 | 0 | 0 | 437 |
| PAYROLL TAXES | 750 | 0 | 0 | 750 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES PAYABLE | 0 | 382 |