NCMA - Balance Sheet - As of March 31, 2005
Assets
	Current Assets
		Cash and Cash Equivalents				364,843
		Investments - Unrestricted				362,052
		Accounts Receivable				157,244
		Prepaid Expenses				351,652
		Inventory				72,360
	Total Current Assets					1,308,152
	Investments - Restricted					1,812,567
	Fixed Assets
		Furniture and Equipment				62,507
		Capital Leases				133,239
	Total Assets					3,316,465
Liabilities
	Current Liabilities
		Accounts Payable				202,713
		Accrued Expenses				343,693
		Leases Payable				150,626
	Total Current Liabilities					697,033
	Deferred Revenue
		Advertising				12,830
		Certification				0
		Conferences				681,553
		Education				27,502
		Other				4,183
		Total Deferred Revenue				726,068
	Other Liabilities
		Deferred Rent				41,407
		Due to CMI				52,586
	Total Liabilities					1,517,093
Net Assets
	Restricted
		Permanently Restricted				10,000
		Temporarily Restricted				1,054
	Total Restricted Net Assets					11,054
	Unrestricted
		Balance at July 1, 2004				1,762,168
		Net Change - Year to Date				26,149
		Balance at March 31, 2005				1,788,318
	Total Net Assets					1,799,372
	Total Liabilities and Net Assets					3,316,465
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