| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE ACCOUNTING SERVICE | 1,520 | 0 | 1,520 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| BOILER | 1994-02-23 | 3,701 | 3,150 | SL | 31.5 | 117 | 0 | 0 | |
| PARSONAGE ROOM ADDITION | 1995-07-25 | 15,862 | 11,883 | SL | 39 | 407 | 0 | 0 | |
| WINDOWS | 2005-10-17 | 3,863 | 3,766 | SL | 20 | 97 | 0 | 0 | |
| NEW FURNACE | 2005-02-09 | 2,000 | 1,950 | SL | 20 | 50 | 0 | 0 | |
| SCHOOL ADDITION | 2007-07-01 | 488,341 | 216,588 | SL | 39 | 12,522 | 0 | 0 | |
| TABLE AND CHAIR CARRIERS | 2018-12-26 | 3,492 | 3,056 | SL | 7 | 436 | 0 | 0 | |
| PARSONAGE UPGRADES | 2019-11-30 | 38,722 | 5,089 | SL | 39 | 993 | 0 | 0 | |
| CUT RIGHT EQUIPMENT | 2020-06-01 | 9,200 | 5,913 | SL | 7 | 1,314 | 0 | 0 | |
| LIFT | 2020-07-27 | 4,300 | 2,763 | SL | 7 | 614 | 0 | 0 | |
| FURNACE PARSONAGE | 2021-03-13 | 2,810 | 491 | SL | 20 | 141 | 0 | 0 | |
| PRINTER | 2021-12-04 | 650 | 325 | SL | 7 | 93 | 0 | 0 | |
| FLOORING SCHOOL | 2021-12-04 | 16,619 | 1,296 | SL | 39 | 426 | 0 | 0 | |
| CABINETS SCHOOL | 2021-12-14 | 11,650 | 909 | SL | 39 | 299 | 0 | 0 | |
| AC | 2021-10-04 | 3,155 | 260 | SL | 39 | 81 | 0 | 0 | |
| NEW AC UNIT | 2022-08-02 | 4,260 | 259 | SL | 39 | 109 | 0 | 0 | |
| FLOORING | 2022-08-12 | 18,914 | 1,152 | SL | 39 | 485 | 0 | 0 | |
| TRAILER | 2022-09-07 | 6,300 | 2,250 | SL | 7 | 900 | 0 | 0 | |
| AC PARSONAGE | 2023-10-31 | 4,958 | 153 | SL | 39 | 127 | 0 | 0 | |
| SCHOOL FLOORING | 2023-10-25 | 10,031 | 311 | SL | 39 | 257 | 0 | 0 | |
| TRUCK AND PLOW | 2024-11-15 | 12,016 | 300 | SL | 5 | 2,403 | 0 | 0 | |
| FREEZER | 2024-02-12 | 1,039 | 130 | SL | 7 | 148 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CHARLES SCHWAB ACCT 2260 | 772,609 | 1,235,280 |
| CHARLES SCHWAB ACCT 2262 | 1,023,574 | 1,610,492 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 109,352 | 91,736 | 17,616 | 17,616 |
| IMPROVEMENTS | 176,915 | 75,161 | 101,754 | 101,754 |
| BUILDING ADDITION | 488,341 | 229,110 | 259,231 | 259,231 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PREPAID FEDERAL TAX | 1,828 | 1,072 | 1,072 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES AND SUBSCRIPTIONS | 166 | 0 | 0 | 166 |
| LICENSE AND PERMITS | 598 | 0 | 0 | 598 |
| EQUIPMENT RENTAL | 1,446 | 0 | 0 | 1,446 |
| OFFICE SUPPLIES | 6,391 | 0 | 0 | 6,391 |
| BOOKS AND SUPPLIES | 2,831 | 0 | 0 | 2,831 |
| MAINT & REPAIR EQUIPMENT | 1,975 | 0 | 0 | 1,975 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SCHOOL FEES AND REGISTRATIONS | 45,308 | 0 | 45,308 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CHARLES SCHWAB | 27,790 | 27,790 | 0 | 0 |
| PAYROLL SERVICES INC | 2,581 | 0 | 0 | 2,581 |
| LEGAL FEES | 80 | 0 | 80 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX INVESTMENT INCOME | 756 | 0 | 756 | 0 |
| FOREIGN TAX INVESTMENTS | 265 | 0 | 265 | 0 |
| PAYROLL TAXES | 15,487 | 0 | 0 | 15,487 |