|
 |
STATEMENT OF CONDITION AS OF DECEMBER
31, 2001
MOVEMENT OF CASH
| CASH IN |
|
|
| Balance
as of December 31, 2000 |
$16,498 |
|
From Salomon Smith Barney Account
as of Dec. 31, 2000 |
$46,985 |
|
| Donations Received |
$484,473 |
|
| Interest Income |
$847 |
|
| List Rental Income/Royalty |
$14,566 |
|
| Loans from Jomira/Advance |
$163,635 |
|
| TOTAL: |
$727,004 |
|
| CASH OUT |
|
|
| Ads in Media |
$468,939 |
|
| Direct Mail -- Acquisitional |
$60,762 |
|
| Direct Mail -- Educational |
$91,142 |
|
| Typing, Printing, Reproduction |
$22,957 |
|
| Accounting |
$1,647 |
|
| Other Office Expenses (Phone, Postage,
etc.) |
$47,241 |
|
Other Expenses
(Educational Tapes, Donations, & Misc.) |
$151 |
|
| Management, Advertising
& Professional Services |
N/C
(1) |
|
| Legal Services |
N/C (2) |
|
| Cash in Bank as of December 31,
2001 |
$25,351 |
|
To Salomon Smith Barney
Account,
as of December 31, 2001 |
$8,814 |
|
| TOTAL: |
$727,004 |
|
BALANCE SHEET
| ASSETS |
|
|
| Cash in
Bank, as of December 31, 2001 |
$25,351 |
|
Salomon
Smith Barney Account,
as of December 31, 2001 |
$8,814 |
|
| Computer Software |
$1,543 |
|
| TOTAL ASSETS: |
$35,708 |
|
| LIABILITIES AND NET WORTH |
|
|
| Due to
Jomira/Advance |
$163,635 |
|
| Net Worth |
$(127,927) |
|
| TOTAL LIABILITIES
AND NET WORTH: |
$65,026 |
|
(1) These services supplied without charge by Jomira/Advance,
Gerardo Joffe, President.
(2) These services 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.
|
|
