|
 |
STATEMENT OF CONDITION AS OF DECEMBER
31, 2000
MOVEMENT OF CASH
| CASH IN |
|
|
| Balance
as of December 31, 1999 |
$30,276 |
|
| Donations Received |
$335,058 |
|
| Interest Income |
$2,714 |
|
| List Rental Income/Royalty |
$17,690 |
|
| TOTAL: |
$385,738 |
|
| CASH OUT |
|
|
| Ads in Media |
$207,762 |
|
| Direct Mail -- Acquisitional |
$33,961 |
|
| Direct Mail -- Educational |
$18,286 |
|
| Typing, Printing, Reproduction |
$13,461 |
|
| Accounting |
$858 |
|
| Office Expenses (Rent and Secretarial) |
$39,859 |
|
| Other Office Expenses (Phone, Postage,
etc.) |
$7,588 |
|
Other Expenses
(Educational Tapes, Donations, & Misc.) |
$480 |
|
| Tax Preparation |
N/C (1) |
|
| Management, Advertising
& Professional Services |
N/C (2) |
|
| Legal Services |
N/C (3) |
|
| Cash in Bank as of December 31,
2000 |
$16,498 |
|
Salomon Smith Barney
Account,
as of December 31, 2000 |
$46,985 |
|
| TOTAL: |
$343,804 |
|
BALANCE SHEET
| ASSETS |
|
|
| Cash in
Bank, as of December 31, 2000 |
$16,498 |
|
Salomon
Smith Barney Account,
as of December 31, 2000 |
$46,985 |
|
| Computer Software |
$1,543 |
|
| TOTAL ASSETS: |
$65,026 |
|
| LIABILITIES AND NET WORTH |
|
|
| Net Worth |
$65,026 |
|
| TOTAL LIABILITIES
AND NET WORTH: |
$65,026 |
|
(1) These services in the estimated amount of $600 supplied
without charge by Samuel H. Gluck, CPA.
(2) These services in the estimated amount of $48,750 supplied
without charge by Jomira/Advance, Gerardo Joffe, President.
(3) These services in the estimated amount of $2,300, supplied
without charge by Wilbur Duberstein, Esq.
NOTE: FLAME has paid no executive and managerial
salaries since its inception and operates with minimum overhead expenses.
|
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