CAPTIVA COMMUNITY PANEL

Financial Statement
March 1, 2006
For the period Nov. 1, 2003 to Feb. 28, 2006

INCOME
Contributions*$43,776.00
Interest$123.03
TOTAL$43,898.58
*This amount includes all monies raised by the CPOA via its membership drive, events, and other fund-raising activities.

EXPENSES

Bank charges$133.55
Consulting$36,204.55
Advertising$1,485.92
Web site$5,700.00
TOTAL$43,524.02
CASH ON HAND$374.56

FUNDS COMMITED

Consulting$2,207.96
Advertising$123.12
Web site$250.00
TOTAL$2,581.08

The Captiva Community Panel is sponsored by the Captiva Property Owners Association, a Florida not-for-profit organization.

The figures above do not reflect the results of 2006's fundraising efforts. All told, the CPOA has raised a little more than $100,000 dollars for the Community Panel. In turn, the Captiva Community Panel has managed to bring in grants totaling about $260,000.

That represents a return on investment of more than 2.5 to one. In other words, for every dollar donated to CPOA, Captiva has received $2.60 in grants.