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