| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting fees | 725 | 0 | 725 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 202 McGinnis Street | 1999-12-30 | 39,100 | 34,898 | ARR | 27.5 | 1,422 | 1,422 | 1,422 | |
| 118 Victory Street | 2013-12-13 | 25,471 | 9,762 | ARR | 27.5 | 926 | 926 | 926 | |
| Improvements 202 McGinnis St | 2005-08-21 | 13,996 | 9,607 | ARR | 27.5 | 509 | 509 | 509 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Buildings | 64,571 | 47,008 | 17,563 | 0 |
| Improvements | 13,997 | 10,116 | 3,881 | 0 |
| Land | 136,885 | 0 | 136,885 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Rental expenses | 8,926 | 8,926 | 8,926 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Rental deposits | 1,650 | 1,650 |
| Name | Address |
|---|---|
| N PAIGE WARD |
108 Hawksbury Trace Beckley,WV25801 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Federal income tax | 628 | 0 | 628 | 0 |