Amoud Foundation for Education and Development
			Statement of Financial Position as of December 31, 2006
					Assets 12/31/06				Liabilities
ASSETS:						Liabilities:
							Current Liabilities:		0
	Current Assets:							Accounts Payable**	4000
								Accrued Expenses	0
		Cash & cash equivalents			$186,711.59
		Accounts Receivable(pledges)			8,350.00		Total Current Liabilities		4000
		Prepaid Expenses			_________________
		Total Current Assets			$195,061.59		Long Term Liabilities		0
						Total Liabilities			4000
	Property & Equipment:
		Office Equipment			$1,500	Net Assets			274,711.59
		Furniture & Fixtures			0
		Land			26,250.00
		Hosp. Building			79,530.00
		Total Property & Equipment			83,650.00
					__________________				____________________
Total Assets					278,711.59	Total Liabilities and Net Assets			278,711.59
** Pledges to charity not yet paid