| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Web site development | 2022-02-22 | 3,004 | 2,836 | SL | 3.0000 | 168 | |||
| Computer (Lollino) | 2023-02-23 | 1,805 | 939 | 200DB | 19.20 % | 347 | |||
| iPad (Flaum) | 2023-05-15 | 715 | 372 | 200DB | 19.20 % | 137 | |||
| Computer (office) | 2023-12-01 | 1,699 | 884 | 200DB | 19.20 % | 326 | |||
| Computer (Flaum) | 2023-12-01 | 1,699 | 884 | 200DB | 19.20 % | 326 | |||
| Printer (prsm office) | 2024-12-13 | 345 | 69 | 200DB | 32.00 % | 110 | |||
| Web site development | 2025-05-06 | 1,075 | SL | 3.0000 | 239 | ||||
| Computer (laptop) | 2025-08-14 | 1,065 | 200DB | 20.00 % | 213 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 28,561 | 26,054 | 2,507 | |
| Machinery and Equipment | 17,574 | 14,853 | 2,721 | |
| Miscellaneous | 136,365 | 135,529 | 836 |
| Description | Amount |
|---|---|
| Federal tax on investment income | 4 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Insurance | 15,600 | 14,182 | ||
| Liability, directors, officers | 2,322 | 2,322 | ||
| Marketing | 4,927 | 4,927 | ||
| Medical conferences/meetings | 18,394 | 18,394 | ||
| Memberships | 2,098 | 406 | ||
| Office expenses | 6,688 | 6,079 | ||
| Web site hosting/maintenance | 6,815 | 6,815 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| free-lance fees/MRSCICS podcasts | 55,198 | 0 | 0 | 55,198 |
| legal fees/other services | 2,345 | 0 | 0 | 2,345 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll tax | 4,207 | 3,825 |