|
Finance Committee
ChairPerson:
Larry Thompson
Don Byron
Doc Hoehn
Joe Fritz
Bob Lenertz
Gregg Johnson
Vance Swanson
|
|
Sacred Heart Church |
|
Financial Report |
|
For the Month and Year to Date Ended July
31, 2010 |
|
(Fiscal Year is July 1, 2010 to June 30,
2011) |
| |
|
|
|
|
|
|
|
|
|
| |
|
|
|
Actual |
Budget |
|
Actual |
Budget |
|
| |
|
|
|
Current Mo. |
Current Mo. |
Variance |
YTD |
YTD |
Variance |
|
Income |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| |
Church Support |
$
45,424 |
$
51,425 |
($6,001)
|
$
45,424 |
$
51,425 |
($6,001) |
| |
|
|
|
|
|
|
|
|
|
| |
Investment Income |
156 |
188 |
(32)
|
156 |
188 |
(32) |
| |
|
|
|
|
|
|
|
|
|
| |
Other Income |
12,193 |
13,749 |
(1,556) |
12,193 |
13,749 |
(1,556)
|
| |
|
|
|
|
|
|
|
|
|
| |
|
Total Income |
$
57,773 |
$
65,362 |
$ (7,589
|
$ 57,773 |
$ 65,362 |
($7,589) |
| |
|
|
|
|
|
|
|
|
|
|
Expenses |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| |
Employment |
$ 51,869 |
$
79,206 |
$ 27,337 |
$ 51,869 |
$ 79,206 |
$27,337 |
| |
|
|
|
|
|
|
|
|
|
| |
Program |
|
23,014 |
23,442 |
429 |
23,014 |
23,442 |
428 |
| |
|
|
|
|
|
|
|
|
|
| |
|
Total Expenses |
$
74,883 |
$ 102,648 |
$ 27,766 |
$
74,883 |
$ 102,648 |
$ 27,765 |
| |
|
|
|
|
|
|
|
|
|
|
Net Operating Inc.
(Loss) |
$(17,110) |
$(37,286) |
$20,177 |
$
(17,110 |
$
(37,286) |
$20, 176 |
| |
|
|
|
|
|
|
|
|
|
|
This is the
first month of our new fiscal year. Let's be diligent in our
church support giving.
|
|
Our budgeted amount is what we need
to pay expenses. If we do not receive this amount we will be in
deficit again. We have taken a loan from the Diocese for $20,000
and need an additional $30,000 for the part-time positions of
Liturgist and Director of Youth and Family Ministry. As of
August 16, 2010, we have received $19,045. Thank you for
stepping up to help with this need. We still need to receive
$31,000 to make this goal. |
|
Annual Diocesan Appeal
Goal for 2010: $43,000.00
Pledged to date: $28,195.00
Percent to Goal
65%
Needed to goal: $ 14,805.00
|