Homefirst Housing Resource Services Inc.

“Veteran's project 4,500 management revenue 500 total 5,000”

“Expenses advertising 600 business travel & seminar 2,057 interest & penalties 960 bank service charges 155 meals & entertainment 207 office & supplies expense 1,231 postage & delivery 47 taxes: other 153 non-investment depreciation 121 total 5,531”

“Accounts receivable 74,460 37,520 equipment 13,823 12,412 less accumulated depreciation 13,767 11,507 furniture & fixtures 0 0 less: accumu depreciation 0 0 deposit 0 0 receivables due from officers 3,288 0 total 77,804 38,425”

“Accounts payable and accrued expenses 5,716 1,537 due to bengale/kerry evans 500 0 accrued leave payable 17,326 5,063 fica w/h payable 15,189 22,017 federal w/h payable 16,063 23,294 state w/h payable 3,272 1,076 less : depositary receipts -2,951 -16,379 accrued payroll 11,487 0”

“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 for 111 clients and a 10 hour financial literacy class to 24 clients. Housing counseling was provided for 47 pre-purchase clients and 78 foreclosure clients. There was a total of 20 of our clients who purchased homes. A combined total of 260 clients were served.”