Homefirst Housing Resource Services Inc.

“Expenses advertising 300 business travel & seminar 1,013 interest & penalties 4,399 bank service charges 222 meals & entertainment 130 office & supplies expense 656 professional fees 203 taxes: other 6 non-investment depreciation 336 total 7,265”

“Accounts receivable 43,687 74,460 equipment 13,823 13,823 less accumulated depreciation 13,431 13,767 furniture & fixtures 0 0 less: accumu depreciation 0 0 deposit 0 0 receivables due from officers 3,700 3,288 total 47,779 77,804”

“Accounts payable and accrued expenses 6,302 5,714 due to bengale/kerry evans 500 500 accrued leave payable 14,566 17,326 fica w/h payable 18,685 15,189 due to reginal bell 412 0 federal w/h payable 19,588 16,063 state w/h payable 4,533 3,272 less : depositary receipts -18,672 -2,951 accrued payroll 0 11,487”

“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.”

“Homefirst provided homebuyer education workshops to 84 clients and a 10 hour financial literacy class to 69 clients. Housing counseling was provided to 43 pre-purchase clients, 52 foreclosure clients and 42 post- purchase home maintenance clients. Total clients served was 290”