H V C N

Huron Valley Community Network

Income Statement

For the Twelve Months Ending December 31, 2008

                            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             250.00       350.00       625.00       885.00
   Investment Income             5.36         0.00        55.35        74.25
   Contributions-Restricted      0.00         0.00         0.00         0.00
                            _________    _________    _________    _________
   Total Revenues              255.36       350.00       680.35       959.25
                            _________    _________    _________    _________

  Cost of Sales
                            _________    _________    _________    _________
   Total Cost of Sales           0.00         0.00         0.00         0.00
                            _________    _________    _________    _________
  Gross Profit                 255.36       350.00       680.35       959.25
                            _________    _________    _________    _________

  Expenses
   Office Expenses               0.00         0.00        20.00        20.00
   Management & General          0.00         0.00     1,000.00     1,000.00
   Depr Exp - Equipment        207.47         0.00       207.47         0.00
                            _________    _________    _________    _________
   Total Expenses                0.00         0.00     1,227.47     1,020.00
                            _________    _________    _________    _________
  Net Income                $   47.89   $   350.00    $ (547.12)   $  (60.75)
                            =========    =========    =========    =========

                          For Management Purposes Only