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INDEPENDENT AUDITORS' REPORT
The Board of Directors
The Education Alliance -Business
And Community For Public Schools, Inc.
We have audited the statement of financial position of
The Education Alliance -Business And Community For Public Schools, Inc. (the
Alliance) as of June 30, 2006 and 2005, and the related statements of
activities, and cash flows for the years then ended. These financial
statements are the responsibility of the Alliance's management. Our
responsibility is to express an opinion on these financial statements based
on our audits.
We conducted our audits in accordance with auditing
standards generally accepted in the United States of America. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the financial statements are free
of material misstatement. An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by management, as well as
evaluating the overall financial statement presentation. We believe that our audits provide
a reasonable basis for our opinion.
In our opinion, the financial statements referred to
above present fairly, in all material
respects, the financial position of The Education Alliance-Business and
Community For Public Schools, Inc., at June 30, 2006 and 2005, and the changes in its net
assets and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America.

The Education Alliance Financial
Statements are presented in
PDF format. To view the statements you must have Adobe Acrobat® Reader®
software. If you do not have Adobe Acrobat® software on your computer,
click here to go to Adobe's web site for a free download.
Download our
Financial Statements - years ended June 30, 2006 and 2005 and
Independent Auditors' Report. File size is 414 kb.
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