| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CHURCH & PARSONAGE | 1,200 | 1,200 | 1,200 |
| 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 IMPROVEMENTS | 2000-10-01 | 262,777 | 159,306 | S/L | 40.0000 | 6,570 | 6,570 | 6,570 | |
| CHAPEL DRIVEWAY | 2007-06-30 | 45,000 | 39,375 | S/L | 20.0000 | 2,250 | 2,250 | 2,250 | |
| CHAPEL BUILDING | 2000-01-01 | 70,000 | 43,750 | S/L | 40.0000 | 1,750 | 1,750 | 1,750 | |
| PAVING | 2002-06-30 | 15,000 | 15,000 | S/L | 20.0000 | ||||
| MOTION LIGHTS | 2008-06-30 | 1,240 | 1,023 | S/L | 20.0000 | 62 | 62 | 62 | |
| MEDIA CENTER REMODEL | 2005-06-30 | 2,201 | 1,074 | S/L | 40.0000 | 55 | 55 | 55 | |
| LAND | 2000-01-01 | 30,000 | |||||||
| PENNELL HOME | 2012-06-01 | 25,670 | 8,255 | S/L | 39.0000 | 658 | 658 | 658 | |
| CARPET- ANNEX | 2012-06-01 | 1,156 | 1,156 | 200DB | 5.0000 | ||||
| SHED | 2013-06-01 | 9,300 | 2,752 | S/L | 39.0000 | 239 | 239 | 239 | |
| CHAPEL IMPROVEMENTS | 2014-06-01 | 17,521 | 4,755 | S/L | 39.0000 | 449 | 449 | 449 | |
| PAVING | 2014-06-01 | 9,000 | 6,350 | S/L | 15.0000 | 600 | 600 | 600 | |
| FURNACE | 2020-06-01 | 3,800 | 1,161 | S/L | 15.0000 | 253 | 253 | 253 | |
| WELL | 2020-06-01 | 6,144 | 1,877 | S/L | 15.0000 | 410 | 410 | 410 | |
| ROOF | 2021-08-17 | 11,440 | 953 | S/L | 40.0000 | 286 | 286 | 286 | |
| WELL | 2021-11-16 | 13,419 | 2,758 | S/L | 15.0000 | 895 | 895 | 895 | |
| APPLIANCES | 2021-07-01 | 5,123 | 3,586 | S/L | 5.0000 | 1,025 | 1,025 | 1,025 | |
| BUILDING IMPROVMENTS | 2022-01-13 | 2,570 | 193 | S/L | 40.0000 | 64 | 64 | 64 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS | 501,361 | 308,890 | 192,471 | 192,471 |
| LAND | 30,000 | 30,000 | 30,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CHURCH & PARSONAGE | 1,805 | 1,805 | 1,805 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CHURCH & PARSONAGE | ||||
| APPRAISAL FEES | 2,500 | 2,500 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| SECURITY DEPOSIT | 1,250 | 1,250 |