| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREP | 3,000 | 0 | 0 | 0 |
| 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 COSTS | 2013-01-29 | 10,000 | 7,278 | 180.000000000000 | 667 | 0 | 667 | 7,945 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE | 13,056 | 13,056 | 0 | |
| CHAIRS | 652 | 634 | 18 | |
| ORGANIZATION COSTS | 10,000 | 7,945 | 2,055 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| STARTUP CAPITAL - GAMBIA | 500,030 | 500,030 | 500,030 |
| DUE FROM AFRICAN CHRISTIAN | 9,502 | 9,502 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 197 | 0 | 0 | 0 |
| BANK FEES | 830 | 0 | 0 | 0 |
| AMORTIZATION | 667 | 0 | 667 | 0 |