| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 1,500 | 0 | 1,500 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 1985-01-01 | 105,186 | 105,186 | SL | 40.000000000000 | 0 | 0 | 0 | |
| FENCING | 1985-01-01 | 4,861 | 4,861 | SL | 10.000000000000 | 0 | 0 | 0 | |
| SIGN | 1985-01-01 | 4,950 | 4,950 | SL | 10.000000000000 | 0 | 0 | 0 | |
| COPIER | 2001-07-01 | 680 | 680 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| LAND | 1985-01-01 | 20,000 | L | 0 | 0 | 0 | |||
| RANGE HOOD | 2003-11-01 | 1,364 | 1,364 | 150DB | 7.000000000000 | 0 | 0 | 0 | |
| SEPTIC SYSTEM | 2004-12-31 | 1,698 | 874 | SL | 39.000000000000 | 44 | 44 | 44 | |
| NEW ROOF | 2008-09-01 | 19,175 | 8,011 | SL | 39.000000000000 | 492 | 492 | 492 | |
| BASKETBALL COURT | 2017-06-01 | 4,665 | 2,599 | 150DB | 15.000000000000 | 275 | 311 | 311 | |
| WATER HEATER | 2019-06-01 | 900 | 779 | 150DB | 7.000000000000 | 81 | 121 | 121 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 105,186 | 105,186 | 0 | |
| FENCING | 4,861 | 4,861 | 0 | |
| SIGN | 4,950 | 4,950 | 0 | |
| COPIER | 680 | 680 | 0 | |
| LAND | 20,000 | 0 | 20,000 | |
| RANGE HOOD | 1,364 | 1,364 | 0 | |
| SEPTIC SYSTEM | 1,698 | 918 | 780 | |
| NEW ROOF | 19,175 | 8,503 | 10,672 | |
| BASKETBALL COURT | 4,665 | 2,874 | 1,791 | |
| WATER HEATER | 900 | 860 | 40 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LAWN CARE EXPENSE | 890 | 222 | 444 | 222 |
| POSTAGE | 218 | 55 | 110 | 55 |
| SECURITY | 288 | 72 | 144 | 72 |
| SUPPLIES | 801 | 200 | 400 | 200 |
| TELEPHONE | 1,439 | 360 | 720 | 360 |
| VENUE EXPENSE | 1,452 | 363 | 726 | 363 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MEMBERSHIP DUES AND ASSESSMENTS | 2,500 | 2,500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 435 | 108 | 216 | 108 |