Association for Communal Harmony in Asia (ACHA)

Income & Expense Statement for Quarter ending March 31, 2008

Balance

A. ACHA Peace Foundation (Vanguard Mutual Fund Account)

Vanguard Prime Money Market $ 3,204.29 12/31/07 $ 3,235.08 03/31/08*

Vanguard Equity Income $ 6,066.71 12/31/07 $ 5,614.53 03/31/08

Vanguard Total Stock Market Index $ 5,116.17 12/31/07 $ 4,630.37 03/31/08

TOTAL VANGUARD $14,387.17 12/31/07 $13,479.98 03/31/08 $13,479.98

*Vanguard Check 1001 for $150 made out on 01/23/08 to CYDA, Sadikabad, Pakistan has not yet been cashed

____________________________________________________________________________________________________

B. Certificate of Deposit Willamette V. Bank

$ 2,544.15 12/31/07 $ 2,622.41 03/31/08 $ 2,622.41

____________________________________________________________________________________________________

C. West Coast Bank Checking Account $ 904.84 12/31/07

INCOME till 03/31/08

Donations

A. Rizvi $ 100.00 Deposited 02/07/08

P. Wallace 50.00 Deposited 02/07/08

K. Raval 25.00 Deposited 03/07/08

A. Qayum 50.00 Deposited 03/07/08

O. Ali 50.00 Deposited 03/07/08

S. Gill 100.00 Deposited 03/07/08

T. Butt 300.00 Deposited 03/14/08

P. Christierson 30.00 Deposited 03/14/08

Other Income

Refund by Pritam $ 10.00 Deposited 01/24/08 ***

TOTAL INCOME $ 715.00 @

*** Error on our Check 2010 for ACHA Office Expenses for 2007 Quarter IV (see below)

@ Two additional donations amounting to $100 were deposited in our Checking Account on 04/15.08 will appear in the

next quarterly statement

EXPENSES

OR Corp. Div. $ 50.00 Check 2009 01/07/08

ACHA Office 202.22 Check 2010 01/10/08***

TOTAL EXPENSES $ 252.22

West Coast Bank Balance $ 1,367.62 $ 1,367.62

D. ACHA Office Expenses (as of 12/31/07) not yet reimbursed

Mailing $ 5.49

Parking 0.76

Phone bill Jan 08 24.70

Phone bill Feb 08 24.70

Phone bill Mar 08 24.70

Comcast 01/21-02/20/08 46.87

Comcast 02/21-03/20/08 46.87

Comcast 03/21-04/20/08 46.70

TOTAL UN-REIMBURSED $ 220.79