| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE & FIXTURES | 2018-01-01 | 48,362 | 26,598 | SL | 10.00 % | 4,836 | 4,836 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 23,444 | 23,444 | ||
| Furniture and Fixtures | 48,362 | 31,434 | 16,928 | 16,928 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CLEANING SERVICES | 90 | 5 | 40 | 45 |
| GROUNDS MAINTENANCE | 5,640 | 309 | 2,480 | 2,851 |
| INSURANCE | 1,763 | 96 | 776 | 891 |
| INTERNET | 1,046 | 57 | 460 | 529 |
| OUTSIDE SERVICES | 5,170 | 283 | 2,274 | 2,613 |
| PEST CONTROL | 278 | 15 | 122 | 141 |
| POSTAGE | 312 | 17 | 137 | 158 |
| SUPPLIES | 531 | 29 | 234 | 268 |
| TEACHING MATERIALS & EXPENSES | 4,398 | 241 | 1,934 | 2,223 |
| UTILITIES | 2,342 | 128 | 1,030 | 1,184 |
| VAN EXPENSES | 1,022 | 56 | 449 | 517 |
| VOLUNTEER EXPENSES | 152 | 8 | 67 | 77 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| REGISTRATION & TUITION | 12,200 | 12,200 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL & PROFESSIONAL FEES | 913 | 50 | 402 | 461 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GA SOS REGISTRATION | 30 | 2 | 13 | 15 |
| PROPERTY TAXES | 2,433 | 133 | 1,070 | 1,230 |