| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,379 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| Kitchen Equipment | 2015-10-15 | 4,200 | 4,200 | SL | 7 | 0 | 0 | 0 | |
| 314 Church St W Bldg | 2016-04-01 | 74,056 | 14,638 | SL | 39 | 1,899 | 0 | 0 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| KITCHEN EQUIPMENT | 4,200 | 4,200 | 0 | 1,000 |
| 314 W MAIN ST ELMIRA NY | 78,000 | 16,537 | 61,463 | 80,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OUTSIDE CONTRACT SERVICES | 60 | 0 | 0 | 0 |
| AUTO INSURANCE | 159 | 0 | 0 | 0 |
| PROPERTY INSURANCE | 8,382 | 0 | 0 | 0 |
| UTILITIES | 662 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| VALUE OF DONATED VAN | 2,500 | 0 | 0 |
| Description | Amount |
|---|---|
| ROUNDING ADJUSTMENT | 1 |
| Borrower's Name | Relationship to Insider | Original Amount of Loan | Balance Due | Date of Note | Maturity Date | Repayment Terms | Interest Rate | Security Provided by Borrower | Purpose of Loan | Description of Lender Consideration | Consideration FMV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LET ELMIRA LIVE | NONE | 20,000 | 0 | 2014-12 | WHEN FUNDS AVAILABLE | 0 % | NONE | START UP LOAN | NONE | 20,000 |