| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,175 | 0 | 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER EQUIPMENT | 2020-05-21 | 2,427 | 2,288 | 200DB | 5.76 % | 139 | |||
| FURNITURE | 2021-05-24 | 14,860 | 10,217 | 200DB | 8.93 % | 1,327 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 14,860 | 11,544 | 3,316 | |
| Machinery and Equipment | 2,427 | 2,427 | 4,783 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGES | 50 | |||
| OFFICE EXPENSE | 1,466 | |||
| OTHER MISC. DONATIONS | 6,548 | 6,548 | ||
| WEB CONTENT & DELIVERY | 5,558 | 5,558 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARDS PAYABLE | 12,229 | 2,844 |
| CHECKING PAYABLE | 2,794 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX & LICENSES | 25 |