| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING SUPPLIES | 2021-04-08 | 11,796 | 819 | S/L | 39.0000 | 303 | 303 | ||
| CONCRETE FOR LOT | 2023-07-07 | 9,792 | 115 | S/L | 39.0000 | 251 | 251 | ||
| SIDEWALK | 2023-07-07 | 3,473 | 41 | S/L | 39.0000 | 89 | 89 | ||
| 20 CORNHOLE BOARDS | 2023-06-01 | 5,000 | 4,143 | 200DB | 7.0000 | 245 | 245 | ||
| CONCRETE MAIN ST. LOT | 2024-07-24 | 11,200 | S/L | 15.0000 | 373 | 373 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 41,261 | 6,379 | 34,882 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FUN FEST | ||||
| INSURANCE | 749 | 749 | ||
| PRIZES | 1,050 | 1,050 | ||
| ADVERTISING | 2,817 | 2,817 | ||
| COST OF GOODS SOLD | 34,596 | 34,596 | ||
| EXPENSES | ||||
| DONATIONS | 7,703 | 7,703 | ||
| PROFESSIONAL FEES | 1,207 | 1,207 | ||
| INSURANCE | 777 | 777 | ||
| UTILITIES | 414 | 414 | ||
| MISCELLANEOUS | 58 | 58 | ||
| COPIES | 44 | 44 | ||
| POSTAGE | 202 | 202 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MEMBERSHIP DUES | 120 | 120 | |
| FUN FEST | 47,955 | 47,955 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAX | 303 | 303 |