NCMA - Balance Sheet - As of February 29, 2008
Assets								Notes
	Current Assets
		Cash and Cash Equivalents				272,509
		Investments - Unrestricted				197,505
		Accounts Receivable				178,562
		Prepaid Expenses				406,105
		Inventory				61,081
	Total Current Assets					1,115,762
	Investments - Restricted - Board Designated					1,649,474
	Fixed Assets
		Office Building and Build out				1,306,351
		Furniture and Equipment				11,793
		Computer Equipment				494,257
		Capital Leases			Note 1	391,123		Note 1	Comprises
									computers, copiers
									and new office furniture
	Total Fixed Assets					2,203,524
	Total Assets					4,968,760
Liabilities
	Current Liabilities
		Accounts Payable				231,937
		Accrued Expenses				500,704
		Line of Credit				169,022
		Bank Loan - Current Component				23,857
		Leases Payable - Current Portion				114,305
	Total Current Liabilities					1,039,825
	Deferred Revenue
		Advertising				33,896
		Conferences				637,647
		Education				0
		Other				7,683
		Total Deferred Revenue				679,226
	Other Liabilities
		Deferred Rent				0
		Due to CMI				44,259
		Total Other Liabilities				44,259
	Long Term Debt
		Bank Loan - Building				960,009
		Leases Payable  - Long term component				274,434
		Total Long Term Debt				1,234,443
	Total Liabilities					2,997,753
Net Assets
	Restricted
		Permanently Restricted				10,000
		Temporarily Restricted				1,054
	Total Restricted Net Assets					11,054
	Unrestricted
		Balance at July 1, 2007				2,179,627
		Net Change - Year to Date				(219,674)
		Balance at February 29, 2008				1,959,953
	Total Net Assets					1,971,007
	Total Liabilities and Net Assets					4,968,760
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