Homefirst Housing Resource Services Inc.

“Expenses advertising 666 business travel & seminar 547 interest & penalties 101 bank service charges 380 contract labor 900 meals & entertainment 382 office & supplies expense 1,862 professional fees 687 miscellaneous expense 223 taxes: other 166 non-investment depreciation 403 total 6,317”

“Accounts receivable 30,340 43,687 equipment 13,823 13,823 less accumulated depreciation 13,028 13,431 furniture & fixtures 0 0 less: accumu depreciation 0 0 deposit 0 0 receivables due from officers 3,700 3,700 total 34,835 47,779”

“Accounts payable and accrued expenses 2,908 6,302 due to bengale/kerry evans 500 500 accrued leave payable 9,751 14,566 fica w/h payable 3,680 18,685 due to reginal bell 412 412 federal w/h payable 3,883 19,588 state w/h payable 1,279 4,533 less : depositary receipts 0 -18,672”

“The primary exempt purpose is to provide low to moderate income individuals with the know-how and understanding of the complete cycle of home ownership. This is accomplished through education and counseling.”

“Provided home buying counseling sessions to 90 clients. Also, provided pre-purchase counseling to 28 clients and foreclosure counseling to 192 clients. A total of 770 appointments were required with clients to accomplish our objectives.”