| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 16,150 | 0 | 0 | 16,150 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FULLY DEPRECIATED ASSETS | 186,580 | 186,580 | 0 % | 0 | 0 | 0 | |||
| WASHER/DRYER | 2018-01-01 | 2,216 | 2,212 | SL | 7.000000000000 | 0 | 0 | 0 | |
| CHEVROLET SILVERADO | 2020-06-01 | 17,142 | 15,770 | SL | 5.000000000000 | 1,372 | 0 | 0 | |
| 2003 POLARIS QUAD | 2020-06-01 | 2,000 | 1,840 | SL | 5.000000000000 | 160 | 0 | 0 | |
| SILO | 2023-06-30 | 3,261 | 489 | SL | 10.000000000000 | 326 | 0 | 0 | |
| ANIMAL STRUCTURES | 2024-07-01 | 5,900 | 295 | SL | 10.000000000000 | 590 | 0 | 0 | |
| GOAT SHEDS | 2024-07-01 | 10,000 | 500 | SL | 10.000000000000 | 1,000 | 0 | 0 | |
| HORSE STALL | 2024-07-01 | 13,157 | 658 | SL | 10.000000000000 | 1,316 | 0 | 0 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| SALE OF CHEVY SILVERADO | PURCHASED | 17,500 | COST | 0 | 17,500 | 17,142 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FULLY DEPRECIATED ASSETS | 186,580 | 186,580 | 0 | 0 |
| WASHER/DRYER | 2,216 | 2,212 | 4 | 4 |
| 2003 POLARIS QUAD | 2,000 | 2,000 | 0 | 0 |
| SILO | 3,261 | 815 | 2,446 | 2,446 |
| ANIMAL STRUCTURES | 5,900 | 885 | 5,015 | 5,015 |
| GOAT SHEDS | 10,000 | 1,500 | 8,500 | 8,500 |
| HORSE STALL | 13,157 | 1,974 | 11,183 | 11,183 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 580 | 0 | 0 | 580 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| EMPLOYEE CASH ADVANCE | 0 | 100 | 100 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ANIMAL CARE | 6,522 | 0 | 0 | 6,522 |
| ANIMAL DISPOSAL | 122 | 0 | 0 | 122 |
| ANIMAL SUPPLIES | 83,786 | 0 | 0 | 83,786 |
| HAY AND FEED | 69,827 | 0 | 0 | 69,827 |
| MEDICINE | 608 | 0 | 0 | 608 |
| VET BILLS | 32,742 | 0 | 0 | 32,742 |
| PAYROLL PROCESSING | 2,894 | 0 | 0 | 2,894 |
| WORKERS COMPENSATION | 1,606 | 0 | 0 | 1,606 |
| ADVERTISING AND PROMOTION | 643 | 0 | 0 | 643 |
| AUTO EXPENSE | 3,217 | 0 | 0 | 3,217 |
| BANK FEES | 50 | 0 | 0 | 50 |
| CC PROCESSING FEES | 732 | 0 | 0 | 732 |
| SUPPLIES | 3,911 | 0 | 0 | 3,017 |
| REPAIRS AND MAINTENANCE | 11,328 | 0 | 0 | 1,068 |
| TECHNOLOGY | 2,508 | 0 | 0 | 2,508 |
| OTHER FEES | 10 | 0 | 0 | 10 |
| DUES AND SUBSCRIPTIONS | 349 | 0 | 0 | 349 |
| CONTRACT SERVICES | 200 | 0 | 0 | 200 |
| BOARDING | 100 | 0 | 0 | 100 |
| FARRIER SERVICES | 5,985 | 0 | 0 | 5,985 |
| POSTAGE | 79 | 0 | 0 | 79 |
| INSURANCE | 10,602 | 0 | 0 | 10,602 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| SBA EIDL | 147,749 | 144,224 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| HUMAN RESOURCES | 374 | 0 | 0 | 374 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 10,805 | 0 | 0 | 10,805 |