| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUDIT EXPENSE | 6,724 | 0 | 6,724 | 0 |
| BOOKKEEPING FEES | 1,600 | 0 | 1,600 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDINGS AND IMPROVEMENTS | 2010-12-30 | 257,829 | 150,254 | SL | 40.000000000000 | 6,864 | 0 | 6,864 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS AND IMPROVEMENTS | 257,829 | 157,118 | 100,711 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MISCELLANEOUS EXPENSES | 34 | 34 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RENTS | 32,986 | 32,986 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO RELATED PARTY | 129,755 | 148,530 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEES | 2,333 | 0 | 2,333 | 0 |
| CONTRACT LABOR | 3,200 | 0 | 3,200 | 0 |