Action Ministries Houston, Inc. 2007 Financial Statement                         CASH ON HAND JANUARY 1, 2007       Merrill Lynch     100.29 Frost Bank       493.48 Wells Fargo Bank       4,905.09             TOTAL CASH ON HAND     $5,498.86 INCOME             Individual Donations            Church Donations       9,140.00    Grants         0    Donor Donations       93,444.26    Memorials       100.00 Cash Donations       665.00 Loans       6,000.00     TOTAL INCOME       $152,707.10                                                   EXPENSES           Building              Insurance       $3,299.91    Taxes         186.45    Renovations       1,271.09    Rent         6,800.00    Utilities         5,975.11    Others         2,032.28 Capital Purchases            Vehicle         0.00    Building         8,956.92    Others         0.00 Food Products       625.63 Housing Allowances       15,000.00 Loan  and Interest       8,442.94 Office Supplies, Postage     3,994.88 Outreach         8,424.96 Telecommunications       3,462.41 Travel         723.24 Vehicles         32,686.17 Volunteer Expenses       2,782.81             TOTAL EXPENSES       $104,664.80                         CASH ON HAND DECEMBER 31, 2007       Merrill Lynch Money Market     0.00