| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 760 | 760 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| PICKLEBALL PAVING/FENCE | 2024-05-28 | 39,813 | 150DB | 15.0000 | 1,991 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 750,000 | 750,000 | 1,000,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK FEES | 44 | 44 | ||
| UTILITIES | 1,463 | 1,463 | ||
| GOLF OUTING | 5,594 | 5,594 | ||
| FUNDRAISING EXPENSE | 100 | 100 | ||
| INSURANCE | 5,292 | 5,292 | ||
| MAINTENANCE | 6,490 | 6,490 | ||
| MISCELLANEOUS | 421 | 421 | ||
| SNOW REMOVAL/MOWING | 5,732 | 5,732 | ||
| PICKLEBALL COURT REPAIRS | 2,089 | 41,902 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RENTAL ACTIVITY | 2,930 | 2,930 | |
| FUNDRAISING INCOME | 19,337 | 19,337 |