National Capital Freenet Statement of Revenue, Expenses, and Surplus Period ended as stated Actuals Budget Actuals Budget Feb-00 Feb-00 YTD 2000 YTD 2000 Revenue Donations from members Associated with registration $2,021 $2,500 $4,033 $5,00 Associated with renewals $19,102 $14,000 $32,247 $28,800 --------------------------------------------------------------------------- Total member donations $21,123 $16,500 $36,280 $33,800 Fundraising Activities Corporate donations & sponsorships $420 $300 $565 $600 Other fundraising activities $255 $500 $730 $1,000 --------------------------------------------------------------------------- Total fundraising activities $675 $800 $1,295 $1,600 Community Networks Projects (see below)$0 $5,080 $0 $97,810 Grants and other revenues $0 $0 $0 $0 Deferred contributions $0 $0 $0 $0 --------------------------------------------------------------------------- Total revenue $21,798 $22,380 $37,575 $133,210 Expenses System access telecommunications $5,477 $5,300 $10,698 $10,600 System administration $2,894 $3,179 $5,787 $6,358 Office staff and supplies $3,254 $3,481 $6,363 $6,962 Volunteer Coordination $7 $200 $7 $400 Administration and professional fees $4,972 $6,192 $9,751 $12,384 Related to Community Network Projects$5,603 $53,839 $10,640 $79,732 (see below) Promotional and other costs $255 $3,000 $385 $3,000 Depreciation $0 $0 $0 $0 ------------------------------------------------------------------------ Total expenses $22,461 $75,191 $43,631 $119,436 Excess of revenue over expenses ($663) ($52,811)($6,056) $13,774 Surplus, beginning of period $81,782 $123,782 $87,174 $57,197 =========================================================================== Surplus, end of period $81,118 $70,971 $81,118 $70,971 National Capital Freenet Net Revenue from Community Projects Actuals Budget Actuals Budget Feb-00 Feb-00 YTD 2000 YTD 2000 Revenue Community Networks Projects VolNet Network Project $0 $5,080 $0 $33,810 Thin Client Network Project $0 $0 $0 $64,000 Urban Cap Network Project $0 $0 $0 $0 VolNet Web Hosting $0 $0 $0 $0 Urban Cap Rollout $0 $0 $0 $0 Web Mail Project $0 $0 $0 $0 ------------------------------------------------------------------------ Total Revenue $0 $5,080 $0 $97,810 Expenses Community Networks Projects VolNet Network Project $4,770 $34,839 $8,516 $41,732 Thin Client Network Project $538 $15,000 $1,614 $30,000 Urban Cap Network Project $295 $0 $482 $0 VolNet Web Hosting $0 $0 $0 $0 Urban Cap Rollout $0 $0 $0 $0 Web Mail Project $0 $4,000 $28 $8,000 ------------------------------------------------------------------------ Total Costs $5,603 $53,839 $10,640 $79,732 Net Revenue from Community ($5,603) ($48,759)($10,640) $18,078 Network Projects National Capital Freenet Balance Sheet For the period ended as stated Actuals Budget Feb-00 Feb-00 Assets Cash $80,753 $74,679 Other current assets $7,376 $84 ---------------------- $88,129 $74,763 Capital equipment Computer equipment $144,398 $143,414 Systems software $71,230 $54,779 Telecommunications equipment $127,374 $167,575 Business equipment $7,033 $7,033 ---------------------- $350,034 $372,800 Less accumulated depreciation $272,484 $269,746 ---------------------- $77,550 $103,054 Total assets $165,680 $177,817 ======================== Liabilities and Surplus Accounts payable and accrued liabilities $9,627 $6,935 Unearned Revenues $0 $0 Deferred contributions, net of amortization $74,935 $99,911 Surplus $81,118 $70,971 Total liabilities and surplus $165,680 $177,817 National Capital Freenet Statement of Changes in Financial Position For the period ended as stated Actuals Budget Actuals Budget Feb-00 Feb-00 YTD 2000 YTD 2000 Operating activities Excess of revenue over expenses ($663) ($52,811) ($6,056) $13,774 Items not involving cash: Deferred contributions $0 $0 $0 $0 Depreciation $0 $0 $0 $0 Net change in non-cash working capital items Amounts Receivable & Prepaid Expenses ($1,868) $84 ($1,784) $5,357 Cash provided by (used in) operations ($1,699) ($52,147)($5,808) $20,276 Investing activities Purchase of equipment for cash $0 $0 $0 $0 Cash applied to investing activities $0 $0 $0 $0 Increase in cash during the period ($1,699) ($52,147) ($5,808) $20,276 Cash, beginning of period $82,452 $126,826 $86,561 $54,403 Cash, end of period $80,753 $74,679 $80,753 $74,679