| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 775 | 390 | 385 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| JOINER | 2020-01-01 | 100 | 100 | 200DB | 7.0000 | ||||
| RADIAL SAW | 2020-01-01 | 100 | 100 | 200DB | 7.0000 | ||||
| DUST COLLECTOR | 2020-01-01 | 200 | 200 | 200DB | 7.0000 | ||||
| JET 20" PLANER | 2020-01-01 | 500 | 500 | 200DB | 7.0000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 900 | 900 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| MATERIALS & SUPPLIES | 11,193 | 11,193 | ||
| SUBCONTRACTOR EXPENSE | ||||
| EQUIPMENT RENTAL & MAINTENANC | ||||
| SMALL TOOLS & EQUIPMENT | 133 | 133 | ||
| PAYROLL PROCESSING FEEE | ||||
| BENEFITS PAID TO MEMBERS | 4,823 | 4,823 | ||
| POSTAGE | ||||
| STORAGE | 960 | 960 | ||
| ROUNDING | ||||
| OFFICE SUPLIES | 40 | 40 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PROGRAM SERVICE REVENUE | 20,177 | 20,177 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| NOTE PAYABLE | 6,250 | 7,907 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUSINESS REGISTRATION | 155 | 155 | ||
| PROPERTY TAX | 30 | 30 |