Statement of financial status.

STATEMENT OF FINANCIAL STATUS

                               2007                 2008

ASSETS

Operating Accounts
Checking                        $ 5,792.95           $ 8,570.42

Trust Accounts
Scholarship (Savings)           $11,395.47           $11,405.15
Scholarship (Stocks)            $65,540.48           $50,329.96
Research Foundation
  (Savings)                     $ 4,542.67           $ 4,543.01

Total                           $87,271.58           $74,848.54

DUES
Reinstatements                  $   25.00
Current year                    $1,420.00            $2,682.50
Sponsor/Patron                  $    0.00
Total                           $1,445.00            $2,682.50

INSTITUTIONAL SUPPORT
NDUS TOTAL                      $0.00                $0.00

ANNUAL MEETING
Registration fees               $3,960.00            $7,277.50

AWARDS PROGRAM
Scholarship Dividends           $0.00                $0.00
NDAS Research Foundation        $0.00                $0.00
Total                           $0.00                $0.00

PUBLICATION SALES               $390.00              $150.00

MISCELLANEOUS INCOME
Interest                        $ 30.93              $ 10.04
Dividend Income (Reinvested)    $288.61              $452.60
Total                           $319.54              $462.64

MEMBERSHIP
Emeritus                        Not available        Not available
Students                        38                   53
Professional                    40                   84
Delinquent                      70+                  Records
                                                      no longer
                                                     kept

Withdrew                        3                    1

ANNUAL MEETING
Speakers Expenses
Meals/Refreshments              $2,912.40
Printing                        $  334.49            $59.59
Total                           $3,246.89            $59.59

AWARD PROGRAMS
ND Science/Engineering Fair     $    0.00            $50.00
Denison & Presidents plaques    $1,866.98
Total                           $1,866.98            $50.00

OFFICE EXPENSES
Postage                         $160.40              $ 90.71
Post Office Box Rental          $ 39.00              $ 48.00
Supplies                        $121.14              $176.60
Total                           $595.49              $406.02

MISCELLANEOUS
Fidelity Bond                   $100.00              $100.00
ND annual Report                $ 70.00              $ 10.00
Total                           $170.00              $110.00

SCIENCE RESEARCH
FOUNDATION

CASH INCOME                     $ 0.00               $ 0.00
Donations from Members          $20.00               $30.00
Allocations from Dues           $ 0.00               $ 0.00
Interest Accrued                $ 0.00               $ 0.00
Sponsors/Patrons                $ 0.00               $ 0.00
Total                           $20.00               $30.00

CASH EXPENSE
Grants                          $0.00                $0.00
Total                           $0.00                $0.00

SCHOLARSHIP FUND
CASH INCOME                     $  0.00              $  0.00
Sempra Energy (Dividend)        $295.50              $353.25
Alliant Energy (Dividend)       $ 78.36              $ 99.35
Total                           $373.86              $452.60

ASSETS
Sempra Energy (purchased as
ENOVA
Number of shares 250 (1983)     540.468184           565.363
Price $ 18.50                   $56.14               $42.35
Value $4,625.00                 $55,082.13           $43,006.41

IEC/Alliant Energy (purchased
as IES Industries
Number of shares 120 (1990)     254.46               264.94
Price $ 31.63                   $41.09               $30.01
Value $3,795.60                 $10,458.35           $7,950.88

Total Investment Value          $65,540.48           $50,956.89

                               1/1/2009-
                               3/31/2009

ASSETS

Operating Accounts
Checking                        $ 9,196.22

Trust Accounts
Scholarship (Savings)           $11,405.32
Scholarship (Stocks)
Research Foundation
  (Savings)                     $ 4,543.01

Total

DUES
Reinstatements
Current year                    $1,560.00
Sponsor/Patron
Total                           $1,560.00

INSTITUTIONAL SUPPORT
NDUS TOTAL

ANNUAL MEETING
Registration fees               $4,470.00

AWARDS PROGRAM
Scholarship Dividends
NDAS Research Foundation
Total

PUBLICATION SALES

MISCELLANEOUS INCOME
Interest
Dividend Income (Reinvested)
Total

MEMBERSHIP
Emeritus                        Not available
Students                        23
Professional                    67
Delinquent                      Records
                                 no longer
                                kept

Withdrew

ANNUAL MEETING
Speakers Expenses
Meals/Refreshments
Printing                        $17.27
Total

AWARD PROGRAMS
ND Science/Engineering Fair     $0.00
Denison & Presidents plaques
Total

OFFICE EXPENSES

Postage
Post Office
Box Rental                       $48.00
Supplies
Total

MISCELLANEOUS
Fidelity Bond                   $100.00
ND annual Report                $ 10.00
Total                           $110.00

SCIENCE RESEARCH
FOUNDATION

CASH INCOME
Donations from Members          $5.00
Allocations from Dues
Interest Accrued
Sponsors/Patrons                $160.00
Total

CASH EXPENSE
Grants
Total

SCHOLARSHIP FUND
CASH INCOME
Sempra Energy (Dividend)
Alliant Energy (Dividend)
Total

ASSETS
Sempra Energy (purchased as
ENOVA
Number of shares 250 (1983)
Price $ 18.50
Value $4,625.00

IEC/Alliant Energy (purchased
as IES Industries
Number of shares 120 (1990)
Price $ 31.63
Value $3,795.60

Total Investment Value