2005 Financial Report (990)       2005 Contributions, gifts, grants                                        $54,880       2005 Total Expenses                                                         $34,627     Statement of Functional Expenses:             Grants to other organizations                                500             Compensation of officers, directors                    7,765             Other salaries and wages                                      200             Payroll Taxes                                                         306             Accounting Fees                                                    167             Supplies                                                                 410             Telephone                                                           1,131             Postage                                                                    71             Occupancy                                                          4,459             Printing                                                                     82             Travel                                                                13,634             Conferences                                                           228             Depreciation                                                        3,507             Other expenses                                                   2,116     Financial Position (As of December 31, 2005)     ASSETS                                                      TOTAL ASSETS                                                        20,253     LIABILITIES & EQUITY                                                     Total Liabilities                                                                  12     Equity                                             Net Income                                                                 20,241     Total Equity                                    TOTAL LIABILITIES & EQUITY                                           20,253
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		Lotus Buds International, Inc. is a 501(c)3 non-profit corporation, registered and incorporated in the state of Colorado PO Box 62711, Colorado Springs, CO 80962 Email: info@lotusbuds.org