ASSETS
Current Assets
OPERATING ACCOUNT	216,193.56
VOUCHER ACCOUNT	4,123.08
PETTY CASH	536.37
PETTY CASH-CASH REGISTER	400.00
ACCOUNTS RECEIVABLE	190,287.28
A/R - MISCELLANEOUS	1,443.21
RESERVE - DOUBTFUL ACCTS.	<38,684.05>
CREDIT CARD RECEIVABLE	306.85
DUE FROM LMA: RECOG. REV.	<28,734.80>
DUE FROM CHESS TRUST	6,481.55
CT: DONATIONS PATRON	2,513.00
CT: ADMIN USCF	16,462.12
CT: MISC. OTHER	73.75
EXCHANGE	9,551.01
EXCHANGE: PAYROLL	<10,945.73>
AP/AR EXCHANGE	687.23
EXCH: MULTIMEDIA	8,000.00
EXCHANGE: PAYROLL LA	418.42
EXCHANGE: PAYROLL JA	856.60
EXCH: FIDE - Rapid Rating	<332.10>
EXCHANGE: MISCELANEOUS	1,903.26
RETURNED CHECKS	12,531.44
RET CREDIT CARD CHARGES	5,167.22
PAYROLL TRANSFER	<1,188.90>
INVENTORY	377,995.77
INVENTORY -  SHOP	9,056.06
ALLOW. FOR OBSOLETE INV.	<40,671.04>
PREPAID EXPENSES	3,145.72
PREPAID-PROPERTY TAXES	6,028.32
PREPAID-INSURANCE	9,814.07
PREPAID-REPAIRS & MAINT.	<1,728.26>
PREPAID-INVENTORY	108,792.31
PREPAID - HEALTH INS.	13,754.41
PREPAID-POSTAGE METERS	21,154.88
DFD OPN PRT/ADV 00 USATMW	845.12
DFD OPN TRVL 2001 US OPEN	1,000.00
DFD OPN PRZ 99 NATL OPEN	50.00
DFD OPN MISC 2000 NCCL	698.07
DFD OPN MISC 00 USAME	850.00
DFD OPN MISC 00 USAT PLOF	557.39
PATENTS	12,002.26
ADVANCED DEPOSITS	5,994.06
INTEREST INCOME RECEIVABL	92.10
GM BENEFITS MM	108,672.19
CRENSHAW ENDOWMENT KEY MM	10,342.88
Total Current Assets		1,046,496.68
Property and Equipment
FIXED ASSETS: TELEPHONE	65,600.52
FIXED ASSETS: COMPUTER	403,540.42
FIXED ASSETS: EDITORIAL	5,895.00
FIXED ASSETS: FURN &EQUIP	118,824.03
FIXED ASSETS: AUTO	15,680.00
ACCUMULATED DEPRECIATION	<427,399.49>
Total Property and Equipment		182,140.48
Other Assets
Total Other Assets		0.00
Total Assets		1,228,637.16
LIABILITIES AND CAPITAL
Current Liabilities
LEASES PAYABLE	418.40
ACCOUNTS PAYABLE	368,467.22
ADDITIONAL ACCTS. PAYABLE	13,762.83
ACCRUED ACCTS. PAYABLE	47,016.74
ACCTS PYBLE: INTERNET CC	<71.00>
CT: OTHER	4.38
CT: DONATIONS	<248.65>
DUE TO LMA	<15,281.43>
ACCRUED EXPENSES PAYABLE	11,226.22
ACCR. EXP.-PENSION PLAN	66,580.47
ACCR. EXP.-PROFESS. FEES	19,499.92
ACCR. EXP.-SALARIES PYBLE	23,370.63
ACCR. EXP.-VACATION PYBLE	11,453.77
ACCRUED FOR SASP	7,421.25
FEDERAL WITHHOLDING TAX	<1.00>
FICA PAYABLE	0.14
NYS WITHHOLDING TAX	<90.22>
NYS SALES TAX PAYABLE	<5,551.83>
TAX - ALBANY	8.42
TAX - ALLEGANY	3.23
TAX - BROOME	48.00
TAX-OLEAN,cty (CATTAUGUA)	3.86
TAX - CAYUGA	16.58
TAX - CHAUTAUGUA	35.80
TAX - CHEMUNG	<20.90>
TAX - CHENANGO	<4.29>
TAX - CLINTON	71.33
TAX - COLUMBIA	<0.25>
TAX - CORTLAND	1.13
TAX - DELAWARE	20.90
TAX - DUTCHESS	124.51
TAX - ERIE	123.62
TAX - ESSEX	12.44
TAX - FRANKLIN	20.89
TAX - FULTON	<12.59>
TAX - GENESEE	<8.75>
TAX - GREENE	28.29
TAX - LEWIS	16.16
TAX - LIVINGSTON	18.16
TAX - MADISON	3.89
TAX-ONEIDA,cty (MADISON)	<18.07>
TAX - MONROE	217.69
TAX - NASSAU	164.86
TAX - NEW YORK CITY	1,734.47
TAX - NIAGARA	262.93
TAX - ONEIDA	23.32
TAX-ROME,cty (ONEIDA)	2.14
TAX-SHERRIL, cty(ONEIDA)	<4.81>
TAX-UTICA, cty(ONEIDA)	13.35
TAX - ONONDAGA	239.37
TAX - ONTARIO	17.24
TAX - ORANGE	1,914.07
TAX - ORLEANS	13.71
TAX-OSWEGO,cty (OSWEGO)	<5.55>
TAX - PUTNAM	<18.54>
TAX - RENSSELAER	30.84
TAX - ROCKLAND	13.83
TAX - ST.LAWRENCE	<1.45>
TAX - SARATOGA	55.03
TAX - SCHENECTADY	19.10
TAX - SCHOHARIE	<7.91>
TAX - STEUBEN	24.49
TAX - SUFFOLK	80.83
TAX - SULLIVAN	13.70
TAX - TOMPKINS	7.09
TAX-ITHACA,cty (TOMPKINS)	11.26
TAX - ULSTER	46.21
TAX - WARREN	3.19
TAX-GLENS FALLS,cty(WRRN)	0.55
TAX - WASHINGTON	18.07
TAX - WAYNE	17.30
TAX - WESTCHESTER	367.80
TAX-MT.VERNON,cty(WSTCHS)	11.91
TAX-WHITE PLAINS,cty(WSTC	43.67
TAX-YONKERS,cty (WSTCHST)	21.31
TAX - WYOMING	<2.75>
TAX - YATES	1.60
SALES TAX: OUT OF STATE	<74.37>
DEF. REV. ROYALTIES	14,568.33
DEFERRED SALES	12,137.37
DEF REV - OVERPAYMENTS	20,705.00
DEF. REV. GIFT CERTIFICTS	14,149.46
DEF. REV. TNMT GIFT CERT.	<7,652.06>
DEFERRED CORRES. CHESS PRIZES	50,525.00
DFD OPN E FEES 2000 NCCL	40.00
DEFERRED OPEN REVENUES	2,365.00
DFD OPN E FEES	544.38
DFD OPN E FEES 98 PAN AM	4,885.00
DFD OPN E FEES 98 US JR O	<70.00>
DFD OPN E FEES 98 USAT MW	2,942.50
DFD OPN E FEES MISC	<2,000.00>
DFD WEB TNMT E FEES NCCL	60.00
DFD INC MULTI REGULAR	80,816.46
DFD INC MULTI SR	9,495.98
DFD INC MULTI YOUTH	16,799.01
DFD INC MULTI SCHOLASTIC	18,847.28
DEF REV CORRES. CHESS	100.00
CRENSHAW ENDOWMENT FUND	10,342.88
G.M. BENEFITS FUND	116,317.19
CHESS INFORMANT ACCOUNT	5.00
Total Current Liabilities		919,669.53
Long-Term Liabilities
NOTES PAYABLE	377,868.25
DUE TO LMA - LOAN	291,374.51
Total Long-Term Liabilities		669,242.76
Total Liabilities		1,588,912.29
Capital
FUND BALANCE	<460,397.29>
Net Income	100,122.16
Total Capital		360,275.13
Total Liabilities & Capital		1,228,637.16