Pulmonary Hypertension Association, Inc.
Statements of Activities
December 31, 2002 and 2001
				2002						2001
						Temporarily						Temporarily
				Unrestricted		Restricted		Total		Unrestricted		Restricted		Total
Support and revenue
	Contributions			$    654,757		$              -		$    654,757		$    277,159		$              -		$    277,159
	Contributions - research			-		298,253		298,253		-		556,125		556,125
	In-kind donations			-		10,515		10,515		3,342		-		3,342
	Conference revenue			356,193		-		356,193		10,176		-		10,176
	Grants			20,822		50,000		70,822		100,500		-		100,500
	Membership dues			152,296		-		152,296		56,832		-		56,832
	Merchandise sales			19,751		-		19,751		19,839		-		19,839
	Investment income			18,081		28,913		46,994		14,625		5,360		19,985
	Other income			1,066		-		1,066		7,781		-		7,781
	Releases from restrictions			552,050		(552,050)		-		385,003		(385,003)		-
			Total support and revenue	1,775,016		(164,369)		1,610,647		875,257		176,482		1,051,739
Expenses
	Program services			1,223,048		-		1,223,048		512,617		-		512,617
	Management and general			136,006		-		136,006		73,397		-		73,397
	Fundraising			109,431		-		109,431		54,826		-		54,826
				1,468,485		-		1,468,485		640,840		-		640,840
	Direct cost of special events			70,227		-		70,227		132,464		-		132,464
			Total expenses	1,538,712		-		1,538,712		773,304		-		773,304
Change in net assets				236,304		(164,369)		71,935		101,953		176,482		278,435
Net assets
	Beginning of year			235,906		966,322		1,202,228		133,953		789,840		923,793
	End of year			$    472,210		$    801,953		$ 1,274,163		$    235,906		$    966,322		$ 1,202,228