Quantum Future Group

Because the Future is Open

Quantum Future Group Early History and Independent Auditor's Report

2001

Quantum Future Group actually began as Perseus Foundation, Inc, which was organized under the laws of the State of Florida, filed on January 25, 2001.

An EIN was applied for in February of 2001, and was assigned on February 27, 2001.

A bank account was applied for March 3, 2001 after Perseus Foundation received a donation of $88.00. Ark and Laura Jadczyk donated another $1,000.00 so that bank fees would not empty the new account.

2001 End of year report: Total of Donations received by Perseus Foundation, Inc.: $11,308.20 Expenses: $31,440.00 Debt carried over to 2002: $25,000.00

2002

Beginning balance of the Perseus Foundation account for 2002: $4,868.20 Outstanding debt carried over: $25,000.00

End of the year report: Perseus Foundation received $97,193.57 in donations and book sales for the year 2002. $14,500.00 of this total was brought in as a result of the House Raffle. Perseus expenses were $108,128.44. Debt carried over to 2003: $22,500.00

2003

QFG was Incorporated on September 11th 2003

QFG total revenue for 2003 was $19026.63 from book sales and donations. Total expenses amounted to $2,079.66. Net income at year end - $16,946.97

2004

QFG total revenue for 2004 was $163,099 from book sales and donations. Totals expenses amounted to $164,576. Debt carried over to 2005 - $1,477

2005

QFG began 2005 with $7,066 in assets. Total revenue for 2005 was $164,964 from book sales and donations. Total expenses for 2005 - $300,456. Debt carried over to 2006 - $128,425

2006

QFG began 2006 with $128,425 in debts. Total revenue for 2006 was $183,351 from book sales and donations . Total expenses for 2006 - $197,301 Debt carried over to 2007 - $142,375

2007

QFG began 2007 with $142,375 in debts. Total revenue for 2007 was $344,980 from book sales and donations. Total expenses for 2007 - $338,792. Debt carried over to 2008 - $136,186

2008

QFG began 2008 with $136,186 in debts. Total revenue for 2008 was $425,890 from book sales and donations. Total expenses for 2008 - $447,068. Debt carried over to 2009 - $168,409

2009

Filing in process...