| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MKT | 2,235 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 2017-11-10 | 124,000 | |||||||
| BUILDING | 2017-11-10 | 496,000 | 90,615 | S/L | 39.0000 | 12,718 | |||
| VEHICLE HEARSE | 2019-07-01 | 19,480 | 19,480 | 200DB | 5.0000 | ||||
| FURNITURE & EQUIPMENT | 2016-10-01 | 21,990 | 21,990 | 200DB | 7.0000 | ||||
| FUNERAL LIMOSINE | 2016-12-06 | 6,955 | 6,354 | 200DB | 5.0000 | ||||
| TOYOTA SIENNA | 2016-09-27 | 32,588 | 26,928 | 200DB | 5.0000 | ||||
| HONDA ODYSSEY | 2020-05-11 | 16,680 | 16,680 | 200DB | 5.0000 | ||||
| COOLERS & TABLES | 2024-09-23 | 15,534 | 10,208 | 200DB | 7.0000 | 1,522 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 609,227 | 206,494 | 402,733 | 402,733 | |
| 124,000 | 124,000 | 124,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER CURRENT ASSETS | 371 | 371 | 371 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| FUNERAL SERVICE EXPENSE | 793,209 | 793,209 | ||
| AUTO EXPENSE | 55,117 | 55,117 | ||
| REPAIRS AND MAINTENANCE | 34,956 | 34,956 | ||
| CONTRACT LABOR | 307,658 | 307,658 | ||
| INSURANCE | 19,168 | 19,168 | ||
| MISCELLANEOUS | 2,932 | 2,932 | ||
| MARKETING AND ADVERTISTING | ||||
| BANK/MERCHANT FEES | 2,154 | 2,154 | ||
| TELEPHONE/COMMUNICATIONS | 3,636 | 3,636 | ||
| FREIGHT & DELIVERY | 24,159 | 24,159 | ||
| CREDIT CARD PROCESSING FEE | 20,318 | 20,318 | ||
| TRAVEL | 35 | 35 | ||
| UTILITIES | 18,460 | 18,460 | ||
| POLICE ESCORT | 59,600 | 59,600 | ||
| DEATH CERTIFICATES | 19,724 | 19,724 | ||
| AIR TRANSPORTATION | 323 | 323 | ||
| OFFICE EXPENSE | 7,554 | 7,554 | ||
| CONTRACT LABOR - ADMIN | 41,221 | 41,221 | ||
| DUES & SUBSCRIPTIONS | 355 | 355 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FUNERAL SERVICE INCOME | 1,197,401 | 1,197,401 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PR TAX LIABILITY | 2,381 | 2,381 |
| SBA EIDG LOAN | 4,000 | 4,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 2,490 |