Beginning Balance 1-1-2007                                                     $   4,566.60    

Receipts                                                                                  $31,842.83

Disbursements:

     Workers' Support                                    $10,874.06   

     China Broadcasts (Mandarin)                      2,895.00

     French Broadcast                                       1,940.00

     Spanish Broadcast                                     1,120.00

     Russian Broadcast                                        420.00

     Central-South Asia                                    10,276.00

     African Ministry                                             381.00

     Internet Ministry                                          2,569.23

     Outreach and Followup                                2,105.55

     Administrative and Support                           1,029.28

     WJIE Shortwave                                             242.00

Total Disbursements                                                                  $33,852.12

Ending Balance 12-31-2007                                                       $   2,557.31

                                                                                             (plus  625.00 Prepaid Expenses)

--------------------------------------------------------------------------------