| 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 | 1990-07-01 | 244,750 | 244,750 | S/L | 31.5000 | ||||
| LAND | 1990-07-01 | 30,250 | |||||||
| IMPROVEMENTS | 1999-09-15 | 6,450 | 4,725 | S/L | 39.0000 | 166 | 166 | 166 | |
| REFRIGERATOR | 2022-03-15 | 4,000 | 2,000 | S/L | 5.0000 | 393 | 393 | 393 | |
| IMPROVEMENTS 2024 | 2025-01-30 | 3,576 | S/L | 39.0000 | 42 | 42 | 42 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 244,750 | 244,750 | 600,000 | |
| IMPROVEMENTS | 10,026 | 4,933 | 5,093 | |
| EQUIPMENT | 4,000 | 2,800 | 1,200 | |
| LAND | 30,250 | 30,250 | 200,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ROUNDING | 2 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LUAU | ||||
| CATERING | 290 | 290 | ||
| CLUBHOUSE RENTAL | ||||
| MAILBOX | 148 | 148 | 148 | |
| TELEPHONE | 1,020 | 1,020 | 1,020 | |
| BANK FEES | 31 | 31 | 31 | |
| EXPENSES | ||||
| DUES PAID TO PARENT ORG | 3,360 | |||
| OFFICE EXPENSE | 2,006 | |||
| CLUB EXPENSE | 2,564 | |||
| WAYS & MEANS EXPENSES | 1,763 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MEMBER DUES | 4,540 | 4,540 | |
| TOWER INCOME | 9,257 | 9,257 | 9,257 |
| CHRISTMAS AUCTION | 4,858 | 4,858 | |
| BINGO | 4,745 | 4,745 | |
| LUNCHEONS | 10,401 | 10,401 | |
| LUAU | 3,960 | 3,960 | |
| PSA RENTALS | 12,116 | 12,116 | |
| OTHER EVENTS | 1,017 | 1,017 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| RENT DEPOSITS PAYABLE | 4,380 | 1,175 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CLUBHOUSE RENTAL | 4,400 | 4,400 | 4,400 | |
| INDIRECT OTHER PROFESSIONAL FEES | 991 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 625 | |||
| PSA RENTALS | 466 | 466 |