National Capital Freenet
Statement of Revenue, Expenses, and Surplus				
Period ended as stated	

						Actuals	Budget	Actuals	Budget
						Jan-99	Jan-99	YTD1999	YTD 1999
Revenue									
	Donations from members							
		Associated with registration	$3,293 	$3,000 	$3,293 	$3,000 
		Associated with renewals 	$21,044 $20,800 $21,044 $20,800 
			Total member donations	$24,337 $23,800	$24,337 $23,800 
										
	Fundraising Activities							
		Corporate donations 		$70 	$400 	$70 	$400 
		Other fundraising activities	$1,380 	$0 	$1,380 	$0 
			Total fundraising 	$1,450 	$400 	$1,450 	$400 
										
	Grants and other revenues		$0 	$0 	$0 	$0 
	Deferred contributions			$0 	$0 	$0 	$0 
		Total revenue			$25,787 $24,200 $25,787 $24,200 
									
										
Expenses									
	System access telecommunications	$5,379 	$5,300 	$5,379 	$5,300 
	System administration			$2,533 	$3,800 	$2,533 	$3,800 
	Office staff and supplies		$3,199 	$3,380 	$3,199 	$3,380 
	Volunteer Coordination			$0 	$125 	$0	$125 
	Administration and professional fees	$6,005 	$6,042 	$6,005 	$6,042 
	Promotional and other costs 		$0 	$0 	$0 	$0 
	Depreciation				$0 	$0 	$0 	$0 
		Total expenses			$17,116 $18,647 $17,116 $18,647 
										
Excess of revenue over expenses			$8,671 	$5,553 	$8,671 	$5,553 
	Surplus, beginning of period		$53,607 $53,607	$53,607 $53,607 
										
Surplus, end of period				$62,278 $59,160 $62,278 $59,160 
										
										
									
										
National Capital Freenet							
Balance Sheet								
For the period ended as stated		

								Actuals	Budget
								Jan-99	Jan-99
Assets									
	Cash							$59,441 $54,825 
	Other current assets					$167 	$168 
								$59,608 $54,993 
	Capital equipment							
		Computer equipment				$133,408$133,409 
		Systems software				$48,784 $48,784 
		Telecommunications equipment			$101,575$101,575 
		Business equipment				$7,033 	$7,033 
								$290,800$290,801 
		Less accumulated depreciation			$241,426$241,425 
								$49,374 $49,375 
										
	Total assets						$108,982$104,368 
										
										
										
Liabilities and Surplus								
	Accounts payable and accrued liabilities		$8,377 	$6,880 
	Deferred contributions, net of amortization		$38,327 $38,328 
									
	Surplus							$62,278 $59,160 
										
	Total liabilities and surplus				$108,982$104,368