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        <CurrentTaxYearMinus1Year>11730</CurrentTaxYearMinus1Year>
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        <Depreciation>22660</Depreciation>
        <BookValue>125919</BookValue>
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      <TotalRevenue>3538990</TotalRevenue>
      <TotalExpenses>2298783</TotalExpenses>
      <ExcessOrDeficitForYear>1240207</ExcessOrDeficitForYear>
      <ExcessOrDeficitPerFS>1240207</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>3559894</TotRevenueEtcAuditedFinclStmt>
      <OtherRevenues>20904</OtherRevenues>
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      <TotalRevenuePerForm990>3538990</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>2319687</TotExpensesEtcAuditedFinclStmt>
      <OtherExpensesIncluded>20904</OtherExpensesIncluded>
      <ExpensesNotRptdF990>20904</ExpensesNotRptdF990>
      <ExpensesSubtotal>2298783</ExpensesSubtotal>
      <TotalExpensesPerForm990>2298783</TotalExpensesPerForm990>
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        <ReturnReference>SCHEDULE D, PAGE 4, PART XI, LINE 8</ReturnReference>
        <Explanation>RECLASS OF SPECIAL EVENT REVENUE 20,904 RECLASS OF SPECIAL EVENT EXPENSES -20,904</Explanation>
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        <ReturnReference>SCHEDULE D, PAGE 4, PART XII, LINE 2D</ReturnReference>
        <Explanation>RECLASS OF SPECIAL EVENT REVENUE 20,904</Explanation>
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      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ENFORCEMENT OF CONFLICTS POLICY</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 12C</ReturnReference>
        <Explanation>CONFLICT OF INTEREST POLICY GLSTC ADOPTED A CONFLICT OF INTEREST POLICY APRIL 1, 2003. THE UNDERLYING PRINCIPLE OF "CONFLICT OF INTEREST" IS THAT EMPLOYEES AND DIRECTORS SHOULD AVOID ANY ACTIVITY, INVESTMENT OR INTEREST THAT MIGHT REFLECT UNFAVORABLY UPON THE INTEGRITY OR GOOD NAME OF GLSTC OR HIM/HER. MEMBERS OF THE BOARD OF DIRECTORS AND EMPLOYEES ARE OBLIGATED TO PLACE GLSTC INTEREST IN ANY BUSINESS TRANSACTION AHEAD OF ANY PERSONAL INTEREST OR PERSONAL GAIN (TO INDIVIDUAL EMPLOYEES/BOARD MEMBERS OR TO THEIR SPOUSE, FAMILY MEMBER, ROOMMATE, FRIEND OR OTHER INDIVIDUAL) AND TO DISCLOSE THE FACTS IN ANY SITUATION WHERE A CONFLICT OF INTEREST MAY ARISE. POTENTIAL CONFLICTS WILL USUALLY BE RESOLVED CORRECTLY BY USING GOOD JUDGMENT, THE GUIDELINES OF THIS POLICY AND THE DECISIONS OF THE BOARD OF DIRECTORS. IN ORDER TO ASSIST EMPLOYEES/BOARD MEMBERS IN UNDERSTANDING WHERE CONFLICTS MAY ARISE, HERE ARE SOME GUIDELINES. A CONFLICT OF INTEREST MAY ARISE WHERE EMPLOYEE/BOARD MEMBERS: 1. HAS A PERSONAL FINANCIAL INTEREST THAT MIGHT AFFECT BUSINESS JUDGMENT; 2. GAINS PERSONAL ENRICHMENT THROUGH ACCESS TO CONFIDENTIAL INFORMATION; 3. ACCEPTS EMPLOYMENT THAT ADVERSELY AFFECTS WORK PERFORMANCE; 4. WITHOUT EXECUTIVE DIRECTOR APPROVAL, RECEIVES GIFTS OR ENTERTAINMENT VALUED OVER 75, SERVICES OR PAYMENT FROM OTHERS FOR SERVICES THAT IS BEING PERFORMED IN THE COURSE OF GLSTC BUSINESS OR DURING BUSINESS HOURS, OR A PERSON MISUSES HIS/HER POSITION IN A WAY THAT RESULTS IN PERSONAL GAIN; OR 5. APPROVES PAYMENT FOR GOODS OR SERVICES THAT WERE NOT RECEIVED OR THAT WERE BILLED AT INFLATED PRICES. BOARD MEMBERS MAY PROVIDE SERVICES TO GLSTC BUT MUST ABSTAIN FROM VOTING ON MATTERS THAT THEY POTENTIALLY MIGHT BENEFIT FROM EITHER PERSONALLY OR PROFESSIONALLY. INDIVIDUALS ARE ENCOURAGED TO SEEK CLARIFICATION AND DISCUSS QUESTIONS ABOUT POTENTIAL CONFLICTS WITH THE GLSTC EXECUTIVE DIRECTOR OR A MEMBER OF THE BOARD OF DIRECTORS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR TOP OFFICIAL</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15A</ReturnReference>
        <Explanation>EXECUTIVE DIRECTOR CONDUCTS ANALYSIS OF COMPENSATION UTILIZING SURVEY DATA FROM 2-3 SOURCES FOCUSING ON NON-PROFITS WITH SIMILIAR PRODUCTS AND SERVICES AS WELL AS ANNUAL REVENUE. SURVEY DATA AND RECOMMENDED COMPENSATION RANGES ARE ESTABLISHED AND PROVIDED TO HR COMMITTEE FOR REVIEW AND ADJUSTMENT. FINAL PROPOSAL IS PRESENTED TO THE BOARD FOR APPROVAL. THE BOARD THEN APPROVES COMPENSATION ADJUSTMENTS ON AN ANNUAL BASIS BASED ON PERFORMANCE OF THE EMPLOYEE AND BUSINESS. THIS APPROVAL IS DOCUMENTED IN THE BOARD MINUTES.</Explanation>
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      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>ALL DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.</Explanation>
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