ASSETS
Current Assets
OPERATING ACCOUNT	316,053.23
UMB BANK	18,509.13
VOUCHER ACCOUNT	4,704.45
PETTY CASH	667.98
PETTY CASH-CASH REGISTER	400.00
ACCOUNTS RECEIVABLE	207,357.95
A/R - MISCELLANEOUS	8,943.21
RESERVE - DOUBTFUL ACCTS.	<41,684.05>
CREDIT CARD RECEIVABLE	306.85
DUE FROM LMA: RECOG. REV.	<14,517.40>
DUE FROM CHESS TRUST	7,716.65
CT: DONATIONS PATRON	2,513.00
CT: ADMIN USCF	18,106.06
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	13,744.19
RET CREDIT CARD CHARGES	5,277.62
PAYROLL TRANSFER	<1,283.78>
INVENTORY	397,286.60
INVENTORY -  SHOP	9,056.06
ALLOW. FOR OBSOLETE INV.	<40,671.04>
PREPAID-PROPERTY TAXES	4,901.05
PREPAID-INSURANCE	8,842.40
PREPAID-REPAIRS & MAINT.	<2,195.45>
PREPAID-INVENTORY	21,738.82
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	11,915.59
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		1,118,158.25
Property and Equipment
FIXED ASSETS: TELEPHONE	65,600.52
FIXED ASSETS: COMPUTER	409,940.77
FIXED ASSETS: EDITORIAL	5,895.00
FIXED ASSETS: FURN &EQUIP	118,824.03
FIXED ASSETS: AUTO	15,680.00
ACCUMULATED DEPRECIATION	<436,528.22>
Total Property and Equipment		179,412.10
Other Assets
Total Other Assets		0.00
Total Assets		1,297,570.35
LIABILITIES AND CAPITAL
Current Liabilities
LEASES PAYABLE	418.40
ACCOUNTS PAYABLE	430,733.89
ADDITIONAL ACCTS. PAYABLE	13,762.83
ACCRUED ACCTS. PAYABLE	53,531.44
ACCTS PYBLE: INTERNET CC	<71.00>
CT: OTHER	4.38
CT: DONATIONS	<28.51>
DUE TO LMA	<5,444.43>
ACCRUED EXPENSES PAYABLE	12,059.55
ACCR. EXP.-PENSION PLAN	69,491.03
ACCR. EXP.-PROFESS. FEES	20,499.92
ACCR. EXP.-SALARIES PYBLE	27,559.69
ACCR. EXP.-VACATION PYBLE	15,635.92
ACCRUED FOR SASP	6,319.15
FEDERAL WITHHOLDING TAX	<1.00>
FICA PAYABLE	0.14
NYS WITHHOLDING TAX	<90.22>
NYS SALES TAX PAYABLE	<5,567.78>
TAX - ALBANY	8.42
TAX - ALLEGANY	3.23
TAX - BROOME	53.08
TAX-OLEAN,cty (CATTAUGUA)	3.86
TAX - CAYUGA	29.74
TAX - CHAUTAUGUA	35.80
TAX - CHEMUNG	<17.18>
TAX - CHENANGO	<4.29>
TAX - CLINTON	71.33
TAX - COLUMBIA	<0.25>
TAX - CORTLAND	1.13
TAX - DELAWARE	20.90
TAX - DUTCHESS	129.93
TAX - ERIE	127.98
TAX - ESSEX	12.44
TAX - FRANKLIN	20.89
TAX - FULTON	<12.59>
TAX - GENESEE	<4.54>
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	184.18
TAX - NEW YORK CITY	1,913.48
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	1,967.27
TAX - ORLEANS	13.71
TAX-OSWEGO,cty (OSWEGO)	<5.55>
TAX - OTSEGO	8.44
TAX - PUTNAM	<18.54>
TAX - RENSSELAER	30.84
TAX - ROCKLAND	30.64
TAX - ST.LAWRENCE	<1.45>
TAX - SARATOGA	55.03
TAX - SCHENECTADY	21.57
TAX - SCHOHARIE	<7.91>
TAX - STEUBEN	29.65
TAX - SUFFOLK	92.85
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	29.04
TAX - WAYNE	17.30
TAX - WESTCHESTER	378.22
TAX-MT.VERNON,cty(WSTCHS)	11.91
TAX-WHITE PLAINS,cty(WSTC	43.67
TAX-YONKERS,cty (WSTCHST)	21.31
TAX - WYOMING	<0.91>
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	13,743.25
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	<45,534.52>
DFD OPN E FEES 98 PAN AM	4,905.00
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	77,233.22
DFD INC MULTI SR	9,219.01
DFD INC MULTI YOUTH	16,664.51
DFD INC MULTI SCHOLASTIC	19,320.01
DEF REV CORRES. CHESS	100.00
CRENSHAW ENDOWMENT FUND	10,342.88
G.M. BENEFITS FUND	116,716.59
CHESS INFORMANT ACCOUNT	5.00
Total Current Liabilities		961,273.01
Long-Term Liabilities
NOTES PAYABLE	372,868.25
DUE TO LMA - LOAN	293,377.88
Total Long-Term Liabilities		666,246.13
Total Liabilities		1,627,519.14
Capital
FUND BALANCE	<460,397.29>
Net Income	130,448.50
Total Capital		<329,948.79>
Total Liabilities & Capital		1,297,570.35