Exhibit 1

AccuFund Accounting Suite

Araize Fast Fund

Blackbaud

Cougar Mountain

CYMA NFP

Frey & Co BUCS Budgetary

FUND E-Z Fund Control System

GMS Accounting Software

Kintera Fundware

QuickBooks: Premier

Serenic Navigator Nonprofit Edition 2006

Traverse NFP

Accufund, Inc.
400 Hillside Avenue
Needham, MA 02494
www.accufund.com
877-872-2228, ext. 215

Araize, Inc.
130 Iowa Lane
#102
Cary, NC 27511
www.araize.com
800-745-4037

Blackbaud, Inc.
2000 Daniel Island Dr.
Charleston, SC 29492
solutions@blackbaud.com www.blackbaud.com
800-443-9441

Cougar Mountain Software
7180 Potomac Dr.
Boise, ID 83704
www.cougarmtn.com
800-388-3038

CYMA Systems, Inc.
2330 W. University Dr., Suite 4
Tempe, AZ 85281
www.cyma.com
800-292-2962

D. R. Frey & Co.
40 No. Grand Ave.,
Suite 303
Fort Thomas, KY 41075 www.drfrey.com
800-659-3739 in US 859-441-6566 outside US

Fund E-Z
106 Corporate Park Dr.
Suite 115
White Plains, NY 10604
www.fundez.com
877-696-0900

GMS
10559 Metropolitan Ave.
Kensington, MD 20895
www.gmsactg.com
gms@gmsactg.com
800-933-3501

Kintera, Inc.
9605 Scranton Road,
Suite 240
San Diego, CA 92121 www.kintera.com/fundware
866-Kintera (546-8372)

Intuit
2700 Coast Ave.
Mountain View, CA 94043
www.quickbooks.com
888-729-1996

Serenic Corp.
7175 W. Jefferson Ave.
Suite 2500
Lakewood, CO 80235
www.serenic.com
877-737-3642

Open Systems, Inc.
4301 Dean Lakes Blvd.
Shakopee, MN 55379
www.osas.com
info@osas.com
800-328-2276

General Controls

Can controls be set at field-level security

Some

Yes

Some

Can controls be set at form-level security

Yes

Yes, with purchase of security supplements

Yes

Some

Yes

Fund Accounting

Will system automatically record “due to/due from” transfers for spreads among different funds

Yes, better than others

Yes

Yes, configurable menu item

Yes

At user option

Yes, but each fund must be set up as a separate company. Company says next release will fix that

Strong budgetary controls

Some: alerts when over budget; can set warnings/controls

Provides no warning when going over budget in A/P, cash disbursements or general ledger

Yes, at user option

No; budget exists but only edit report can alert on items over budget

Yes, at user option

Yes, but clumsy

Only when purchase order is over budget

Yes, with strong interface to/from Excel

At user option

Some, warning when going over budget

Can it handle encumbrance accounting

Yes

Voucher system for payables

Yes, with Requistion module

Yes, with separate install of eRequisitions

Yes, although it’s not called a voucher

Yes

Yes, although it’s not called a voucher

Can handle pledge/fundraising

Only A/R

Yes, with purchase of separate module

Only A/R

Yes, with custom field setup

Only A/R

Yes

Only A/R

Only A/R and grants

Yes

Yes, with purchase of separate module

Only A/R

General Accounting

General Journal posts to sub-ledgers and G/L

Only to G/L

Yes to A/P and G/L

Only to G/L

Yes

Only to G/L

Allows for multiple periods open at same time

Yes, no limit

Yes, up to 24 months

Yes, no limit

Yes, up to 3 years

Yes, but only one period open at a time.

Yes, up to 2 years

Yes, no limit

Closing required before posting in noncurrent period

Yes, but not for current year

At user option

Is posting real-time or batch or user option

Real-time

Batch

Only batch, but it can be single or multi-entry

Batch

Both

Real time

Batch approximates real time at user option

Both

Real time

User option

Batch

Ease of use

Easy to use

Yes

Yes, better than others

Yes

Somewhat

Yes

Moderately easy

Yes

Interface GUI or text based

GUI

Mostly text-based

GUI

Are screens accounting intuitive

Yes

Somewhat

Yes

Somewhat

Yes

Somewhat

Yes

Remote desk help

Yes

Automatic allocations possible

Yes, with separate module

Yes

Can a check be cut to customer without setting up as a new vendor

Yes, one setup for organizations with check box for vendor, customer, donor, member, employee

Yes

No, but has option to accept credit card payment so can process customer credit via credit card

Somewhat: must use one-time vendor payment process

No, but option to accept credit card payment so can process customer credit via credit card

Yes

No, but option to accept credit card payment so can process customer credit via credit card

Is fixed asset and addition/depreciation easy

Addition is easy; depreciation is tricky

N/A

Yes

N/A

Fixed assets provided by third-party vendor

Additions yes; depreciation is tricky. Company says it will be improved in next release

N/A

Yes

N/A

Somewhat

Yes

Reports included with software

Fund-based statements

Stmnt. of revenues, expenses & changes in fund net assets

Yes

Reports done via worksheet

Statement of cash flows-proprietary funds

Yes

Reports done via worksheet

Yes

Reports done via worksheet

Yes

FASB No. 117

Consolidated statement of financial position

Yes

Yes, but called balance sheet

Yes

Consolidated stmnt. of activities and changes in net assets

Yes

Consolidated statement of functional expenses

Yes

Yes, but not by this name

Yes

Consolidated statement of cash flows

Yes

Reports done via worksheet

Yes

Financial position includes total assets, total liabilities, unrestricted net assets, temp. restricted net assets, permanently restricted net assets and total net assets

N/A

Yes

Can with user request

Yes, but not by this name

Yes

Statement of activities includes change in unrestricted net assets, change in temporarily restricted net assets and change in permanently restricted net assets

N/A

Yes

Can with user request

Yes

True statement of cash flows

Format is, but amounts are not

Almost, format is direct method; some amounts are accurate.

Format is, but amounts are not

N/A

Format is, but amounts are not

Other

What works really well

Due to/due from; account information; GUI; organization setup; printer options

Nice drill down; clean, simple, easy-to-use interface

Dashboard, user preferences, query feature, easy export into Excel, G/L processing

Interactive help for required steps; setup for modules/users is very easy; quick response to support issues, arranging demos

eDesk, drill down

Budget controls, statement of cash flows, cash accounting, drill down, integration of FA, A/P and GJ

Data access component, speed buttons

User interface is extremely easy to use; allocations

Fixed assets; reporting tool

Integration of GJ, GL, AP, AR; drill down; exporting

Integration of GJ, GL, AP, AR; XBRL ready

Fixed assets, software intuitive and easy to use

What works poorly

Default depreciation methods limited

Budget controls, lacked fixed assets

Reinstall of software after initial installation was very difficult.

Budget controls

Nothing

Terminology a bit odd, depreciation a bit tricky

No fixed assets

Built-in standard reports for FASB/GASB reporting

Inconsistent user interface

Fund accounting

Report generation is not intuitive and requires training to use

Budget controls

Special notes

Excellent reporting for the manager and easy to use for the staff; reports can be written to suit client’s needs

Support provided by VARs. Includes accounting, fundraising and payroll.

Project, grant and endowment management module offers extra level of tracking without increasing the number of accounts in system.

For entities with a retail component; easy to expand into point-of-sale or sales order environments.

Software provides essential accounting functionality usually only found in more expensive packages. Includes FASB 117 reporting, grant tracking, fund maintenance and balancing.

Very strong budget controls that can be customized; makes software well-suited for both government and nonprofits.

One of the easiest full- featured software packages; solid controls and exporting features that rival more expensive products.

Designed for NPOs; offers both Access and SQL formats; standard modules plus budgeting, cost allocation, fixed assets and direct deposit.

Provides multiple features to enhance users’ control of budgetary expenditures.

Fixed asset accounting provided by VARs/ QuickBooks Enterprise Solutions: Nonprofit Edition 6.0 has fixed assets and more controls

Reports are always built for each customer as part of new client setup at no additional charge.

Because source code is included, integration to other software packages and modifications is simple.

Primary market

Grant-funded nonprofits and municipal government

Small to medium-size organizations

Nonprofit organizations that require a proven fund accounting solution.

Small to medium-size organizations such as churches, municipalities and charitable organizations.

Mid-size entities

Government, nonprofit and utility operations

Small to medium-size nonprofit entities

Mid-size nonprofits

Small nonprofits that prepare IRS Form 990 and present reports to a board.

Mid-size to large organizations

Entities with annual revenues from $1 million to $10 million