| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 17,203 | 3,441 | 13,762 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| PRODUCTION EQUIPME | 2015-04-30 | 8,885 | 8,885 | SL | 5 | ||||
| PRODUCTION EQUIPME | 2016-07-13 | 2,529 | 2,529 | SL | 5 | ||||
| PRODUCTION EQUIPME | 2018-11-19 | 2,598 | 2,598 | SL | 5 | ||||
| 2019 DODGE RAM | 2019-11-25 | 87,567 | 82,750 | M5 | 5 | ||||
| MACBOOK PRO | 2019-02-20 | 1,751 | 1,751 | SL | 5 | ||||
| TWO NEW CAMERAS | 2019-12-20 | 2,598 | 2,598 | SL | 5 | ||||
| NEW CAMERA & LENS | 2020-07-30 | 6,068 | 5,362 | SL | 5 | 706 | |||
| NEW HD PORTABLE CA | 2021-02-18 | 1,288 | 989 | SL | 5 | 258 | |||
| TWO NEW CAMERA LE | 2021-10-22 | 2,841 | 1,799 | SL | 5 | 568 | |||
| 2 BROKEN CAMERAS - | 2021-11-10 | 3,575 | 2,264 | SL | 5 | 715 | |||
| CAMERA PURCHASE FO | 2021-11-26 | 3,361 | 2,072 | SL | 5 | 672 | |||
| SECOND MAIN CAMERA | 2021-11-26 | 2,930 | 1,807 | SL | 5 | 586 | |||
| PRODUCTION EQUIPME | 2022-01-25 | 3,099 | 1,550 | M5 | 5 | 620 | |||
| PRODUCTION EQUIPME | 2022-02-17 | 15,926 | 7,963 | M5 | 5 | 3,185 | |||
| OFFICE COMPUTER | 2023-02-24 | 3,311 | 1,214 | SL | 5 | 662 | |||
| VIDEO M ENCODER | 2023-09-22 | 7,971 | 1,993 | SL | 5 | 1,594 | |||
| VIDEO CAMERA WEBCA | 2024-02-05 | 3,218 | 590 | SL | 5 | 644 | |||
| 2 CAMERAS | 2024-11-14 | 6,652 | 222 | SL | 5 | 1,330 | |||
| 1 CAMERA NEW | 2025-10-14 | 6,000 | SL | 5 | 300 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| PART VIII-A, LINE 1 Charitable Activity two | PART VIII-A, LINE 1 Charitable Activity two | Youth development programs specifically focused at using the game of handball to offer youth quality opportunities to join a peer group involved in challenging, competitive, skill and character development training and events. These events consist of summer programs coordinated with local & county government programs to impact hundreds of youth between 8 and 18 years of age. Ongoing youth program consists of weekly mentoring and instruction at local parks and athletic facilities; additionally, youth have numerous opportunities to compete in youth tournaments and opportunities to travel to national tournaments. All our programs offer programs at little or no cost to the participants regardless of sex, age, religion or any other circumstance. Once participants pass 18 years of age, there are numerous ways for them to participate in our amateur and professional opportunities. All youth are welcome. |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| PRODUCTION EQUIPME | 8,885 | 8,885 | ||
| PRODUCTION EQUIPME | 2,529 | 2,529 | ||
| PRODUCTION EQUIPME | 2,598 | 2,598 | ||
| 2019 DODGE RAM | 87,567 | 82,750 | 4,817 | |
| MACBOOK PRO | 1,751 | 1,751 | ||
| TWO NEW CAMERAS | 2,598 | 2,598 | ||
| NEW CAMERA & LENS | 6,068 | 6,068 | ||
| NEW HD PORTABLE CA | 1,288 | 1,247 | 41 | |
| TWO NEW CAMERA LE | 2,841 | 2,367 | 474 | |
| 2 BROKEN CAMERAS - | 3,575 | 2,979 | 596 | |
| CAMERA PURCHASE FO | 3,361 | 2,744 | 617 | |
| SECOND MAIN CAMERA | 2,930 | 2,393 | 537 | |
| PRODUCTION EQUIPME | 3,099 | 2,170 | 929 | |
| PRODUCTION EQUIPME | 15,926 | 11,148 | 4,778 | |
| OFFICE COMPUTER | 3,311 | 1,876 | 1,435 | |
| VIDEO M ENCODER | 7,971 | 3,587 | 4,384 | |
| VIDEO CAMERA WEBCA | 3,218 | 1,234 | 1,984 | |
| 2 CAMERAS | 6,652 | 1,552 | 5,100 | |
| 1 CAMERA NEW | 6,000 | 300 | 5,700 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ORGANIZATIONAL COSTS | 2,692 | 2,692 | 2,692 |
| Description | Amount |
|---|---|
| NON-DEDUCTIBLE MEALS | 6,297 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 588 | 59 | 529 | |
| WEBSITE MAINTENANCE & OPERATIN | 349 | 349 | ||
| FED EXPRESS & POSTAGE | 18,329 | 3,666 | 14,663 | |
| TOURNAMENT HOSTING & WEBCASTIN | 509,012 | 509,012 | ||
| ADVERTISING AND PROMOTION | 19,594 | 9,797 | 9,797 | |
| OFFICE EXPENSES | 44,920 | 8,984 | 35,936 | |
| INSURANCE | 8,805 | 8,805 | ||
| SPONSORSHIPS | 775 | 77 | 698 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| TOURNAMENT ENTRIES | 2,169 | 2,169 | |
| HOST/WEBCASTING FEES | 40,375 | 40,375 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| MERCHANDISE NET SALES | 6,932 | 4,059 | 2,873 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 19,254 | 3,851 | 15,403 |