| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACOUNTING | 3,087 | 0 | 0 | 3,087 |
| 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 & CLASSROOM | 2021-12-31 | 194,753 | 9,986 | SL | 2.56 % | 4,993 | |||
| LIGHTS, FANS HEATERS | 2022-06-30 | 9,048 | 1,939 | SL | 14.29 % | 1,293 | |||
| FIXTURES FOR BATHROOM | 2022-06-30 | 4,848 | 1,039 | SL | 14.29 % | 693 | |||
| WINDOWS | 2022-06-30 | 2,882 | 618 | SL | 14.29 % | 412 | |||
| BARN EXHIBITS | 2022-06-30 | 80,441 | 17,238 | SL | 14.29 % | 11,495 | |||
| SCULPTORS AND EXHIBITS | 2022-06-30 | 9,802 | 2,101 | SL | 14.29 % | 1,401 | |||
| PHOTO ILLUSTRATIONS | 2022-06-30 | 8,000 | 1,714 | SL | 14.29 % | 1,143 | |||
| CUSTOM DRAWINGS | 2022-06-30 | 5,200 | 1,114 | SL | 14.29 % | 743 | |||
| EAGLES NEST EXHIBIT | 2022-06-30 | 2,400 | 514 | SL | 14.29 % | 343 | |||
| 3-D EXHIBIT | 2022-06-30 | 866 | 186 | SL | 14.29 % | 124 | |||
| PLUMBING FIXTURES | 2022-06-30 | 4,723 | 1,012 | SL | 14.29 % | 675 | |||
| AV EQUIPMENT | 2022-06-30 | 7,931 | 1,699 | SL | 14.29 % | 1,133 | |||
| CAMERA | 2022-01-31 | 4,424 | 1,327 | SL | 20.00 % | 885 | |||
| BINOCULARS | 2022-03-31 | 2,172 | 651 | SL | 20.00 % | 434 | |||
| ALLIGATOR EXHIBIT | 2023-09-15 | 2,551 | 182 | SL | 14.29 % | 365 | |||
| IIDDG EXHIBIT | 2023-07-15 | 1,377 | 98 | SL | 14.29 % | 197 | |||
| GOLF CART | 2023-07-01 | 6,000 | 428 | SL | 14.29 % | 857 | |||
| TECH EQUIPMENT - DONATED | 2023-07-15 | 15,000 | 1,500 | SL | 20.00 % | 3,000 | |||
| IPADS | 2024-07-15 | 8,759 | SL | 10.00 % | 876 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 132,138 | 46,639 | 85,499 | |
| Machinery and Equipment | 44,286 | 12,790 | 31,496 | |
| Buildings | 194,753 | 14,979 | 179,774 | |
| Land | 82,422 | 82,422 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES | 1,400 | 1,400 | ||
| EQUIPMENT RENTAL | 6,000 | 6,000 | ||
| EVENTS & SPONSORSHIPS | 14,035 | 14,035 | ||
| INSURANCE | 8,066 | 8,066 | ||
| IT SUPPORT | 5,000 | 5,000 | ||
| JANITORIAL | 4,375 | 4,375 | ||
| LABOR | 8,262 | 8,262 | ||
| OFFICE EXPENSES | 5,319 | 5,319 | ||
| REPAIRS AND MAINTENANCE | 13,875 | 13,875 | ||
| SMALL TOOLS | 4,600 | 4,600 | ||
| SUPPLIES | 2,000 | 2,000 | ||
| TEACHER EXPENSE | 64,498 | 64,498 |
| Name | Address |
|---|---|
| JERRY M AND MARTA J TURNER |
19806 GA HWY 3 THOMASVILLE,GA31792 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 10,529 | 10,529 |