| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING AND AUDIT | 9,274 | 696 | 8,578 | |
| PAYROLL PROCESSING |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2,954 | 752 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EXCHANGE TRADED FUNDS | 1,266,748 | 1,266,748 |
| MUTUAL FUNDS | 924,907 | 924,907 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 2,257 | 1,756 | 501 | 501 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| RIGHT TO USE |
| Description | Amount |
|---|---|
| UNREALIZED LOSS | 3,296 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| TELEPHONE | ||||
| SUPPLIES | 1,973 | 147 | 1,826 | |
| REPAIRS AND MAINTENANCE | ||||
| POSTAGE | 676 | 50 | 626 | |
| OTHER EXPENSE | ||||
| IT AND WEBSITE | 6,772 | 508 | 6,264 | |
| INSURANCE | 1,586 | 119 | 1,467 | |
| EXCISE TAX | 1,175 | |||
| DUES AND MEMBERSHIPS | 675 | 675 | ||
| BANK CHARGES | 504 | 504 | ||
| ADVERTISING AND PROMOTION | 2,080 | 2,080 | ||
| PROGRAM EXPENSES | 2,609 | 2,609 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OFFICE LEASE OBLIGATION |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEES | 10,653 | 10,653 |