| 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 |
|---|---|---|---|---|---|---|---|---|---|
| MOBILE HOME | 2022-08-15 | 24,000 | 846 | SL | 39.000000000000 | 615 | 0 | 615 | |
| LAND | 2022-08-15 | 76,000 | L | 0 | 0 | 0 | |||
| MUSICAL INSTRUMENTS , AMPLIFIERS, & COMPUTER EQUIPMENT | 2024-07-01 | 5,357 | 200DB | 7.000000000000 | 574 | 0 | 383 | ||
| LARGE PROJECTION SCREEN | 2024-11-15 | 10,000 | 200DB | 7.000000000000 | 357 | 0 | 238 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| MOBILE HOME | 24,000 | 1,461 | 22,539 | |
| LAND | 76,000 | 0 | 76,000 | |
| MUSICAL INSTRUMENTS , AMPLIFIERS, & COMPUTER EQUIPMENT | 5,357 | 574 | 4,783 | |
| LARGE PROJECTION SCREEN | 10,000 | 357 | 9,643 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL & ACCOUNTING FEES | 4,647 | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 257 | 0 | 0 | 0 |
| SUPPLIES | 5,240 | 0 | 0 | 0 |
| INTERNET/WIFI | 1,270 | 0 | 0 | 0 |
| EVENTS | 575 | 0 | 0 | 0 |
| INSURANCE | 679 | 0 | 0 | 0 |
| CONTRACT LABOR | 48,520 | 0 | 0 | 0 |
| REPAIRS & MAINTENANCE | 2,722 | 0 | 0 | 0 |
| UTILITIES | 1,131 | 0 | 0 | 0 |
| MEALS | 373 | 0 | 0 | 0 |
| OTHER FEES | 79 | 0 | 0 | 0 |
| TRAINING | 2,604 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 761 | 0 | 0 | 0 |