National Capital Freenet Statement of Revenue, Expenses, and Surplus Period ended as stated Actuals Budget Actuals Budget Apr-00 Apr-00 YTD 2000 YTD 2000 Revenue Donations from members Associated with registration $1,620 $2,500 $8,524 $10,000 Associated with renewals $18,990 $15,000 $75,979 $60,300 Total member donations $20,610 $17,500 $84,503 $70,300 Fundraising Activities Corporate donations & sponsorships$220 $300 $1,443 $1,200 Other fundraising activities $30 $500 $816 $2,000 Total fundraising activities $250 $800 $2,259 $3,200 Community Networks Projects $25,362 $10,962 $25,362 $159,101 (see below) Grants and other revenues $0 $0 $0 $0 Deferred contributions $0 $0 $7,225 $5,954 Total revenue $46,222 $29,262 $119,350 $238,555 Expenses System access telecommunications $5,367 $5,300 $21,378 $21,200 System administration $2,894 $3,179 $11,574 $12,716 Office staff and supplies $3,175 $3,481 $13,088 $13,924 Volunteer Coordination $0 $200 $7 $800 Administration and professional $4,893 $6,192 $21,115 $24,768 fees Related to Community Network $4,373 $3,755 $19,396 $116,326 Projects (see below) Promotional and other costs $0 $0 $385 $3,000 Depreciation $0 $0 $7,741 $6,540 Total expenses $20,701 $22,107 $94,684 $199,274 Excess of revenue over expenses $25,522 $7,155 $24,666 $39,281 Surplus, beginning of period $86,319 $89,323 $87,174 $57,197 Surplus, end of period $111,841 $96,478 $111,841 $96,478 National Capital Freenet Net Revenue from Community Projects Actuals Budget Actuals Budget Apr-00 Apr-00 YTD 2000 YTD 2000 Revenue Community Networks Projects VolNet Network Project $24,200 $1,962 $24,200 $61,101 Thin Client Network Project $0 $9,000 $0 $73,000 Urban Cap Network Project $0 $0 $0 $0 VolNet Web Hosting $1,163 $0 $1,163 $0 Urban Cap Rollout $0 $0 $0 $0 Web Mail Project $0 $0 $0 $25,000 Total Revenue $25,362 $10,962 $25,362 $159,101 Expenses Community Networks Projects VolNet Network Project $3,752 $1,755 $16,058 $46,326 Thin Client Network Project $54 $2,000 $1,668 $58,000 Urban Cap Network Project $486 $0 $1,560 $0 VolNet Web Hosting $0 $0 $0 $0 Urban Cap Rollout $0 $0 $0 $0 Web Mail Project $81 $0 $109 $12,000 Total Costs $4,373 $3,755 $19,396 $116,326 Net Revenue from Community $20,990 $7,207 $5,966 $42,775 Network Projects National Capital Freenet Balance Sheet For the period ended as stated Actuals Budget Apr-00 Apr-00 Assets Cash $116,310 $94,132 Other current assets $1,903 $924 $118,213 $95,056 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 $280,225 $276,286 $69,809 $96,514 Total assets $188,022 $191,570 Liabilities and Surplus Accounts payable and accrued liabilities $8,472 $1,135 Unearned Revenues $0 $0 Deferred contributions, net of amortization$67,710 $93,957 Surplus $111,841 $96,478 Total liabilities and surplus $188,022 $191,570 National Capital Freenet Statement of Changes in Financial Position For the period ended as stated Actuals Budget Actuals Budget Apr-00 Apr-00 YTD 2000 YTD 2000 Operating activities Excess of revenue over expenses $25,522 $7,155 $24,666 $39,281 Items not involving cash: Deferred contributions $0 $0 ($7,225) ($5,954) Depreciation $0 $0 $7,741 $6,540 Net change in non-cash working capital items Amounts Receivable & Prepaid Expenses $277 $84 $3,689 $4,517 Accounts payable & accrued liabilities ($1,988) $580 $877 ($4,655) Cash provided by (used in) operations $23,812 $7,819 $29,749 $39,729 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 $23,812 $7,819 $29,749 $39,729 Cash, beginning of period $92,498 $86,313 $86,561 $54,403 Cash, end of period $116,310 $94,132 $116,310 $94,132