6/30/07	% of Total Assets	7/31/07	% of Total Assets	8/31/07	% of Total Assets	9/30/07	% of Total Assets	10/31/07	% of Total Assets	11/30/07	% of Total Assets
OPERATING ASSETS
Cash
Cash	$                0.00	0.00	0.00	0.00	0.00	0.00	$                0.00	0.00	$                0.00	0.00	$                0.00	0.00
Cash - Operating  A/C - CCB	95,529.68	5.02	174,552.97	9.19	40,245.07	2.32	138,490.33	8.05	44,835.58	2.59	128,737.93	7.08
Cash - Operating  A/C - Key	8,265.35	0.43	8,265.35	0.44	8,221.47	0.47	8,199.72	0.48	8,173.80	0.47	0.00	0.00
Cash - Office  A/C - CCB	3,150.12	0.17	2,512.41	0.13	3,129.92	0.18	3,040.55	0.18	2,703.58	0.16	4,866.01	0.27
Cash - First Tenn. Bank	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Petty Cash	300.00	0.02	300.00	0.02	300.00	0.02	300.00	0.02	300.00	0.02	300.00	0.02
Certificates of Deposit - CCB	90,000.00	4.73	40,000.00	2.11	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
GM Benefits Money Mkt. - Key	105,001.24	5.52	103,751.24	5.46	102,719.31	5.93	102,816.30	5.97	100,408.54	5.80	100,378.67	5.52
Crenshaw Endowment - Key	11,035.28	0.58	11,035.28	0.58	11,037.15	0.64	11,038.06	0.64	11,039.00	0.64	11,039.90	0.61
Total Cash	313,281.67	16.46	340,417.25	17.92	165,652.92	9.57	263,884.96	15.33	167,460.50	9.67	245,322.51	13.50
Accounts Receivable
Accounts Receivable	111,156.37	5.84	87,146.86	4.59	99,275.50	5.73	100,321.34	5.83	84,534.47	4.88	84,560.22	4.65
Res. for Doubtful Accts.	(2,563.49)	(0.13)	(2,563.49)	(0.13)	(2,563.49)	(0.15)	(2,563.49)	(0.15)	(2,563.49)	(0.15)	(2,563.49)	(0.14)
Total Accounts Receivable	108,592.88	5.71	84,583.37	4.45	96,712.01	5.59	97,757.85	5.68	81,970.98	4.74	81,996.73	4.51
Inventory
Inventory	21,010.86	1.10	21,010.86	1.11	21,010.86	1.21	21,010.86	1.22	21,010.86	1.21	21,010.86	1.16
Total Inventory	21,010.86	1.10	21,010.86	1.11	21,010.86	1.21	21,010.86	1.22	21,010.86	1.21	21,010.86	1.16
Prepaid Expenses
Prepaid Expenses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Prepaid - Property Taxes	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Prepaid - Insurance	18,325.52	0.96	16,035.52	0.84	13,745.52	0.79	11,455.52	0.67	9,165.52	0.53	18,405.16	1.01
Prepaid - Postage	2,903.53	0.15	2,903.53	0.15	2,903.53	0.17	2,903.53	0.17	2,903.53	0.17	2,903.53	0.16
Employee Advances	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Prepaid Expenses	21,229.05	1.12	18,939.05	1.00	16,649.05	0.96	14,359.05	0.83	12,069.05	0.70	21,308.69	1.17
Fixed Assets
Fixed Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Building Improvements	17,030.00	0.89	17,030.00	0.90	17,030.00	0.98	20,505.00	1.19	26,717.34	1.54	26,717.34	1.47
Telephones	71,351.65	3.75	71,351.65	3.76	8,784.65	0.51	8,784.65	0.51	8,784.65	0.51	8,784.65	0.48
Computers	519,207.44	27.28	519,207.44	27.34	194,575.44	11.24	197,075.44	11.45	197,075.44	11.38	197,075.44	10.84
Editorial	1,146.00	0.06	1,146.00	0.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Furn. & Fixtures	97,268.19	5.11	97,268.19	5.12	71,652.19	4.14	71,652.19	4.16	71,652.19	4.14	71,652.19	3.94
Accumulated Depreciation	(552,657.87)	(29.04)	(557,514.25)	(29.35)	(148,207.64)	(8.56)	(153,004.82)	(8.89)	(157,761.71)	(9.11)	(162,400.18)	(8.93)
Net Fixed Assets	153,345.41	8.06	148,489.03	7.82	143,834.64	8.31	145,012.46	8.42	146,467.91	8.46	141,829.44	7.80
	6/30/07	% of Total Assets	7/31/07	% of Total Assets	8/31/07	% of Total Assets	9/30/07	% of Total Assets	10/31/07	% of Total Assets	11/30/07	% of Total Assets
Other Assets
Loan Closing Costs	1,975.40	0.10	1,975.40	0.10	1,975.40	0.11	1,975.40	0.11	1,975.40	0.11	1,975.40	0.11
Amortization - Closing Costs	(699.02)	(0.04)	(699.02)	(0.04)	(699.02)	(0.04)	(699.02)	(0.04)	(699.02)	(0.04)	(699.02)	(0.04)
Total Other Assets	1,276.38	0.07	1,276.38	0.07	1,276.38	0.07	1,276.38	0.07	1,276.38	0.07	1,276.38	0.07
Total Operating Assets	618,736.25	32.51	614,715.94	32.37	445,135.86	25.71	543,301.56	31.56	430,255.68	24.85	512,744.61	28.21
LIFE MEMBERSHIP ASSETS
Cash and Investments
LMA Monry Mkt. Acct. - Key	209,987.11	11.03	209,987.11	11.06	9,990.78	0.58	9,998.95	0.58	10,007.41	0.58	10,016.81	0.55
LMA-Money Mkt Acct-Oberweis	0.00	0.00	0.00	0.00	201,476.34	11.64	202,234.88	11.75	225,142.14	13.01	229,317.99	12.62
LMA Cert. of Deposit - CCB	104,000.00	5.46	104,000.00	5.48	104,000.00	6.01	100,000.00	5.81	100,000.00	5.78	100,000.00	5.50
LMA Cert. of Deposit - S.F.	104,845.59	5.51	104,845.59	5.52	104,845.59	6.06	0.00	0.00	100,000.00	5.78	100,000.00	5.50
LMA Money Mkt. A/C	9.92	0.00	9.92	0.00	9.92	0.00	9.92	0.00	9.92	0.00	9.92	0.00
Total Cash & Investments	418,842.62	22.01	418,842.62	22.05	420,322.63	24.28	312,243.75	18.14	435,159.47	25.14	439,344.72	24.17
Land
Land	264,000.00	13.87	264,000.00	13.90	264,000.00	15.25	264,000.00	15.34	264,000.00	15.25	264,000.00	14.52
Total Land	264,000.00	13.87	264,000.00	13.90	264,000.00	15.25	264,000.00	15.34	264,000.00	15.25	264,000.00	14.52
Building
Buildings	601,704.02	31.61	601,704.02	31.68	601,704.02	34.76	601,704.02	34.96	601,704.02	34.76	601,704.02	33.10
Accum. Depreciation - Bldgs.	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Building	601,704.02	31.61	601,704.02	31.68	601,704.02	34.76	601,704.02	34.96	601,704.02	34.76	601,704.02	33.10
Total Life Membership Assets	1,284,546.64	67.49	1,284,546.64	67.63	1,286,026.65	74.29	1,177,947.77	68.44	1,300,863.49	75.15	1,305,048.74	71.79
Total Assets	$  1,903,282.89	100.00	1,899,262.58	100.00	1,731,162.51	100.00	$  1,721,249.33	100.00	$  1,731,119.17	100.00	$  1,817,793.35	100.00
	6/30/07	% of Total Assets	7/31/07	% of Total Assets	8/31/07	% of Total Assets	9/30/07	% of Total Assets	10/31/07	% of Total Assets	11/30/07	% of Total Assets
LIABILITIES AND CAPITAL
Current Debt and Accounts Payable
Line of Credit - CCB	$                0.00	0.00	0.00	0.00	0.00	0.00	$                0.00	0.00	$                0.00	0.00	$                0.00	0.00
Current Portion - L/T Debt	19,739.00	1.04	19,739.00	1.04	19,739.00	1.14	19,739.00	1.15	19,739.00	1.14	19,739.00	1.09
Accounts Payable	40,062.73	2.10	47,429.46	2.50	12,666.83	0.73	41,666.59	2.42	14,014.76	0.81	55,721.40	3.07
Total Current Debt & Accts. Payable	59,801.73	3.14	67,168.46	3.54	32,405.83	1.87	61,405.59	3.57	33,753.76	1.95	75,460.40	4.15
Accrued Expenses & Other Liabilities
Accrued - Salaries	28,054.56	1.47	28,054.56	1.48	28,054.56	1.62	28,054.56	1.63	28,054.56	1.62	28,054.56	1.54
Accrued - Vacation	11,611.59	0.61	11,611.59	0.61	11,611.59	0.67	11,611.59	0.67	11,611.59	0.67	11,611.59	0.64
Accrued Payroll Taxes	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FICA Payable	3,276.37	0.17	3,276.37	0.17	3,276.37	0.19	3,276.37	0.19	3,276.37	0.19	3,276.37	0.18
FUTA/SUTA Payable	350.22	0.02	350.22	0.02	350.22	0.02	350.22	0.02	350.22	0.02	350.22	0.02
Total Accrued Expenses & Other Liab	43,292.74	2.27	43,292.74	2.28	43,292.74	2.50	43,292.74	2.52	43,292.74	2.50	43,292.74	2.38
Deferred Multi Yr Memberships
Deferred Income - Memberships	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Def. Inc. - Multi Yr. Member.	466,816.98	24.53	480,065.98	25.28	494,785.98	28.58	520,059.98	30.21	558,526.98	32.26	584,037.98	32.13
Def. Income - Multi Yr.-Promo.	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Def. Income - Multi Yr.-Senior	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Def. Income - Multi Yr.-Youth	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Def. Income - Multi Yr.-Young	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Def. Income-Multi Yr-Scholasti	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Def. Income-Multi Yr-School	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Def. Income-Multi Yr-Family	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Def. Income-Multi Yr-Misc.	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Deferred Multi Yr Memberships	466,816.98	24.53	480,065.98	25.28	494,785.98	28.58	520,059.98	30.21	558,526.98	32.26	584,037.98	32.13
Deferred Sales & Tourn. Inc.
Def. Income-Gift Certificates	217.69	0.01	217.69	0.01	(347.31)	(0.02)	(347.31)	(0.02)	(391.31)	(0.02)	(438.31)	(0.02)
Def. Income/Exp. - Tourn.	30,110.09	1.58	4,810.09	0.25	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Def. Income -Correspond Chess	83,368.00	4.38	83,368.00	4.39	83,368.00	4.82	83,368.00	4.84	83,368.00	4.82	83,368.00	4.59
Def. Income - Affiliates	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Deferred Multi Yr Memberships	113,695.78	5.97	88,395.78	4.65	83,020.69	4.80	83,020.69	4.82	82,976.69	4.79	82,929.69	4.56
	6/30/07	% of Total Assets	7/31/07	% of Total Assets	8/31/07	% of Total Assets	9/30/07	% of Total Assets	10/31/07	% of Total Assets	11/30/07	% of Total Assets
Deferred Income- Life Memberships
Def. Income - Life&Sustaining	1,062,439.50	55.82	1,055,466.50	55.57	1,048,851.50	60.59	1,047,154.06	60.84	1,045,981.62	60.42	1,042,384.18	57.34
												0.00
Total Deferred Inc- Life Membership	1,062,439.50	55.82	1,055,466.50	55.57	1,048,851.50	60.59	1,047,154.06	60.84	1,045,981.62	60.42	1,042,384.18	57.34
Long-Term Liabilities
Notes Payable - L/T - 1st. Tn.	428,071.25	22.49	426,431.57	22.45	424,865.85	24.54	423,199.45	24.59	421,681.67	24.36	420,088.20	23.11
Total Long-Term Liabilities	428,071.25	22.49	426,431.57	22.45	424,865.85	24.54	423,199.45	24.59	421,681.67	24.36	420,088.20	23.11
Total Liabilities	2,174,117.98	114.23	2,160,821.03	113.77	2,127,222.59	122.88	2,178,132.51	126.54	2,186,213.46	126.29	2,248,193.19	123.68
Capital
Payable - Crenshaw Endow. Fund	11,035.28	0.58	11,035.28	0.58	11,037.15	0.64	11,038.06	0.64	11,039.00	0.64	11,039.90	0.61
Payable-GM Benefits Money Mkt.	105,001.24	5.52	103,751.24	5.46	102,719.31	5.93	102,816.30	5.97	100,408.54	5.80	100,378.67	5.52
LMA Fund Balance	(21,025.65)	(1.10)	(21,025.65)	(1.11)	(21,025.65)	(1.21)	(21,025.65)	(1.22)	(21,025.65)	(1.21)	(21,025.65)	(1.16)
Net Fund Balance	(279,124.93)	(14.67)	(279,124.93)	(14.70)	(279,124.93)	(16.12)	(279,124.93)	(16.22)	(279,124.93)	(16.12)	(279,124.93)	(15.36)
Net Income	(86,721.03)	(4.56)	(76,194.39)	(4.01)	(209,665.96)	(12.11)	(270,586.96)	(15.72)	(266,391.25)	(15.39)	(241,667.83)	(13.29)
Total Capital	(270,835.09)	(14.23)	(261,558.45)	(13.77)	(396,060.08)	(22.88)	(456,883.18)	(26.54)	(455,094.29)	(26.29)	(430,399.84)	(23.68)
Total Liabilities & Capital	$  1,903,282.89	100.00	1,899,262.58	100.00	1,731,162.51	100.00	$  1,721,249.33	100.00	$  1,731,119.17	100.00	$  1,817,793.35	100.00