| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 26,238 | 13,119 | 11,766 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE FURNITURE | 2020-05-07 | 886 | 499 | 200DB | 7.000000000000 | 155 | 0 | ||
| LIOR - SURFACE PRO 7 | 2020-01-07 | 1,518 | 1,275 | 200DB | 5.000000000000 | 243 | 0 | ||
| COMPUTER EQUIPMENT | 2020-12-29 | 3,616 | 2,996 | 200DB | 5.000000000000 | 620 | 0 | ||
| COMPUTER EQUIPMENT | 2024-01-24 | 3,090 | 618 | 200DB | 5.000000000000 | 989 | 0 | ||
| COMPUTER HARDWARE | 2024-07-06 | 1,209 | 242 | 200DB | 5.000000000000 | 387 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNITURE | 886 | 654 | 232 | |
| LIOR - SURFACE PRO 7 | 1,518 | 1,518 | 0 | |
| WEBSITE AND PORTAL | 34,500 | 17,045 | 17,455 | |
| COMPUTER EQUIPMENT | 3,616 | 3,616 | 0 | |
| COMPUTER EQUIPMENT | 3,090 | 1,607 | 1,483 | |
| COMPUTER HARDWARE | 1,209 | 629 | 580 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE TO/FROM | 966 | 966 | 966 |
| SECURITY DEPOSIT | 2,200 | 2,200 | 2,200 |
| UNDEPOSITED FUNDS | 10,250 | 72 | 72 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUTO | 8,756 | 0 | 4,378 | |
| COMPUTER | 7,575 | 0 | 3,788 | |
| MARTIAL ARTS SUPPLIES | 678 | 0 | 678 | |
| OFFICE EXPENSE | 6,151 | 0 | 0 | |
| MARKETING AND BUSINESS DEVELOPMENT | 53,411 | 0 | 26,706 | |
| INSTRUCTORS | 18,970 | 0 | 18,970 | |
| INSURANCE | 35,216 | 0 | 29,711 | |
| TELEPHONE AND INTERNET | 6,407 | 0 | 3,204 | |
| DUES AND SUBSCRIPTIONS | 219 | 0 | 219 | |
| TRAINING | 14 | 0 | 14 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER | 31,524 | 0 | 31,524 |
| Name | Address |
|---|---|
| THEODORE G SCHWARTZ |
1 N WACKER DRIVE CHICAGO,IL60606 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 46,155 | 0 | 30,924 |