H V C N

Huron Valley Community Network

Income Statement

For the Twelve Months Ending December 31, 2004

                            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              25.00       475.00       925.00     1,475.00
   Investment Income             0.92         0.78        11.24        18.51
   Contributions-Restricted      0.00         0.00         0.00         0.00
                            _________    _________    _________    _________
   Total Revenues               25.92       475.78       936.24     1,493.51
                            _________    _________    _________    _________

  Cost of Sales
                            _________    _________    _________    _________
   Total Cost of Sales           0.00         0.00         0.00         0.00
                            _________    _________    _________    _________
  Gross Profit                  25.92       475.78       936.24     1,493.51
                            _________    _________    _________    _________

  Expenses
   Office Expenses               0.00         0.00        20.00        10.00
   Management & General          0.00         0.00     1,000.00     1,000.00
   Depr Exp - Equipment        211.60       211.60       211.60       211.60
                            _________    _________    _________    _________
   Total Expenses              211.60       211.60     1,231.60     1,221.60
                            _________    _________    _________    _________
  Net Income                $ (185.68)  $   264.18    $ (295.36)   $  271.91 
                            =========    =========    =========    =========

                          For Management Purposes Only