Durham Areacorp Inc

“Description AmountBOOK EXPENSE 2,738FACILITY COST-INSURANCE 2,143WEBSITE & ADVERTISING 1,030BANK CHARGES AND FEES 160MEMBERSHIP EXPENSE 223SUPPLIES AND MATERIALS 6,315LARCENY & FRAUD 713MEETINGS & CONFERENCE EXPENSE 60”

“Category Beginning of Year End of YearACCOUNTS RECEIVABLE 535 535UTILITY DEPOSIT 50 50OTHER DEPRECIABLE ASSETS 321 321”

“Category Beginning of Year End of YearLIABILITIES 193,333 184,906”

“Part v, line 35 durham areacorp inc engages in fundraising activities to support its mission, including holding a golf tournament and other events. All proceeds are used to provide a safe facility for support of people suffering from alcoholism, their families and friends. Durham areacorp inc believes this falls under the unrelated trades or businesses exclusions contained in section 513 (a) (1) (3) of the irs code. All work for these activities are performed entirely by volunteers without compensation. Also, all activities are carried mainly for the convenience of members and members of the community. Literature and beverages are sold for the convenience of members. Therefore, durham areacorp inc is not required to file form 990t for the financial results of these activities. Part v, information regarding personal benefit contracts: the organization did not, during the year, receive any funds, directly, or indirectly, to pay premiums on a personal benefit contract. The organization, did not, during the year, pay any premiums, directly, or indirectly, on a personal benefit contract.”