Financial Statements and Report of Independent
Certified Public Accountants

Year ended Dec. 31, 2004 and 2003

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• Independent Auditors' Report
• Statements of Financial Position
• Statements of Activities
• Statements of Cash Flows
• Notes to Financial Statements

The information contained in the Audit Report for
the period ending 12/31/04 fairly presents,
in all material respects, the financial condition and
results of operations of The Environmental Institute for Golf.
Stephen F. Mona, CAE, CEO
Cameron E. Oury, CFO

View the audited statements for GCSAA and Related Entity