| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 2,481 | 0 | 0 | 2,481 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| FCEF ORGANIZATIONAL WEBSITE - ECOMMERCE ENABLED | 2022-02-01 | 17,000 | 9,917 | 60.000000000000 | 3,400 | 0 | 3,400 | 13,317 |
| FCEF E-COMMERCE SITE | 2025-04-01 | 8,670 | 36.000000000000 | 2,168 | 0 | 2,168 | 2,168 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| PROJECTOR | 2022-06-30 | 1,220 | 890 | 200DB | 5.000000000000 | 139 | 0 | 139 | |
| FORKLIFT | 2022-10-26 | 19,110 | 12,574 | 200DB | 5.000000000000 | 2,614 | 0 | 2,614 | |
| TOOLBOXES | 2024-09-06 | 11,375 | 2,275 | 200DB | 5.000000000000 | 3,640 | 0 | 3,640 | |
| WAREHOUSE LIGHTING | 2025-06-01 | 1,227 | SL | 5.000000000000 | 143 | 0 | 143 | ||
| OFFICE FURNITURE - 4 SETS | 2025-04-30 | 5,200 | SL | 7.000000000000 | 371 | 0 | 371 | ||
| LENOVO COMPUTERS - 2 | 2025-04-30 | 2,378 | SL | 3.000000000000 | 396 | 0 | 396 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FCEF ORGANIZATIONAL WEBSITE - ECOMMERCE ENABLED | 17,000 | 13,317 | 3,683 | |
| PROJECTOR | 1,220 | 1,029 | 191 | |
| FORKLIFT | 19,110 | 15,188 | 3,922 | |
| TOOLBOXES | 11,375 | 5,915 | 5,460 | |
| WAREHOUSE LIGHTING | 1,227 | 143 | 1,084 | |
| FCEF E-COMMERCE SITE | 8,670 | 2,168 | 6,502 | |
| OFFICE FURNITURE - 4 SETS | 5,200 | 371 | 4,829 | |
| LENOVO COMPUTERS - 2 | 2,378 | 396 | 1,982 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| WEBSITE, NET OF AMORTIZATION | 7,083 | 3,683 | 3,683 |
| E-COMMERCE TOOL, NET OF AMORTIZATION | 6,503 | 6,503 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING & PROMOTION | 26,834 | 0 | 12,075 | 14,759 |
| OFFICE EXPENSE | 15,574 | 0 | 7,008 | 8,566 |
| INSURANCE | 3,919 | 0 | 1,764 | 2,155 |
| BANK/CREDIT CARD CHARGES | 1,585 | 0 | 713 | 872 |
| DUES/SUBSCRIPTIONS | 10,798 | 0 | 4,859 | 5,939 |
| MISCELLANEOUS | 107,020 | 0 | 48,159 | 58,861 |
| OTHER FEES | 5,438 | 0 | 2,447 | 2,991 |
| TRAINING EXPENSE | 32,927 | 0 | 14,817 | 18,110 |
| WEBSITE EXP | 1,559 | 0 | 702 | 857 |
| AMORTIZATION | 5,568 | 0 | 2,506 | 3,062 |
| Description | Amount |
|---|---|
| ROUNDING | 2 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT | 73,376 | 0 | 33,019 | 40,357 |
| Name | Address |
|---|---|
|
ENGINEERED FLOORS INC |
3510 CORPORATE DR DALTON,GA30721 |
|
SHAW INDUSTRIES INC |
616 E WALNUT DALTON,GA30720 |
|
MOHAWK INDUSTRIES INC |
PO BOX 12069 CALHOUN,GA30703 |
|
MANNINGTON MILLS |
100 MARINE DR CALHOUN,GA30701 |
|
AHF PRODUCTS |
3840 HEMPLAND ROAD MOUNTVILLE,PA17554 |
| DON ROBERTS |
8949 PARKWAY EAST BIRMINGHAM,AL35206 |
|
HTMX INDUSTRIES |
29 OAKWOOD AVE NORWALK,CT06850 |
|
NATIONAL FLOOR COVERING ALLIANCE |
3010 NORTH DUG GAP RD DALTON,GA30720 |
|
CALI BAMBOO LLC |
662 ENCINITAS BLVD 270 ENCINITAS,CA92024 |
|
CENTRICITY |
5411 COLE ROAD BUFORD,GA30518 |
|
ALLIANCE FLOORING |
2229 OLAN MILLS DR CHATTANOOGA,TN37421 |
|
ABBEY CARPET |
651 GENSIS RD CROSSVILLE,TN38555 |
| EMSER TILE |
5470 OAKBROOK PARKWAY NORCROSS,GA30093 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 2,264 | 0 | 1,019 | 1,245 |