H V C N

Huron Valley Community Network

Income Statement

For the Twelve Months Ending December 31, 2003

                            Current Mo   Current Mo     Y-T-D        Y-T-D
                            This Year    Last Year    This Year    Last Year
  Revenues
   Contributions-Unres.     $    0.00    $    0.00    $    0.00    $    0.00
   Membership dues             475.00        25.00     1,475.00     1,125.00
   Investment Income              .78         1.70        18.81        33.40
   Contributions-Restricted      0.00         0.00         0.00         0.00
                            _________    _________    _________    _________
   Total Revenues              475.78        26.73     1,493.51     1,158.40
                            _________    _________    _________    _________

  Cost of Sales
                            _________    _________    _________    _________
   Total Cost of Sales           0.00         0.00         0.00         0.00
                            _________    _________    _________    _________
  Gross Profit                 475.78        26.70     1,493.51     1,158.40
                            _________    _________    _________    _________

  Expenses
   Office Expenses               0.00         0.00        10.00        10.00
   Management & General          0.00       115.00     1,000.00     1,141.74
   Depr Exp - Equipment        211.60       211.66       211.60       211.60
                            _________    _________    _________    _________
   Total Expenses              211.60       326.60     1,221.60     1,363.34
                            _________    _________    _________    _________
  Net Income                $  264.18   $  (299.90)   $  271.91    $ (204.94)
                            =========    =========    =========    =========

                          For Management Purposes Only