NCMA - Balance Sheet - As of October 31, 2007
Assets							Notes
	Current Assets
		Cash and Cash Equivalents				422,837
		Investments - Unrestricted				10,583
		Accounts Receivable				125,240
		Prepaid Expenses				355,936
		Inventory				54,456
	Total Current Assets					969,053
	Investments - Restricted - Board Designated					1,986,807
	Fixed Assets
		Office Building and Build out				1,325,005
		Furniture and Equipment				8,804
		Computer Equipment				466,180
		Capital Leases				407,670	Note 1	Comprises
								computers, copiers
								and new office furniture
	Total Fixed Assets					2,207,658
	Total Assets					5,163,518
Liabilities
	Current Liabilities
		Accounts Payable				358,978
		Accrued Expenses				478,846
		Line of Credit				190,000
		Bank Loan - Current Component				23,274
		Leases Payable - Current Portion				107,069
	Total Current Liabilities					1,158,167
	Deferred Revenue
		Advertising				33,896
		Conferences				565,491
		Education				0
		Other				31,310
		Total Deferred Revenue				630,697
	Other Liabilities
		Deferred Rent				0
		Due to CMI				45,755
		Total Other Liabilities				45,755
	Long Term Debt
		Bank Loan - Building				967,809
		Leases Payable  - Long term component				303,381
		Total Long Term Debt				1,271,190
	Total Liabilities					3,105,808
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				(132,972)
		Balance at October 31, 2007				2,046,655
	Total Net Assets					2,057,709
	Total Liabilities and Net Assets					5,163,517
						0