Financial Report

Financial Report

CHURCH OF THE HOLY FAMILY
ANNUAL REPORT
FISCAL YEAR ENDED
June 30, 2016
Rev. Clarence Rumble
Presented October 2016
OPERATING RESULTS –
Cash Receipts  $         918,122
Expenditures             847,969
NET ORDINARY INCOME  $        70,153
STATEMENT OF FINANCIAL POSITION –
ASSETS
Cash – Operating  $         253,067
Diocesan Pooling/Other             465,497
Stocks and Mutual Funds                 6,962
Prepaid expenses – Bazaar                 4,760
Land, Buildings and Furnishings          2,112,416
TOTAL ASSETS  $   2,842,702
LIABILITIES AND NET ASSETS
Accounts Payable – Vendors  $           14,389
Deferred Revenue – Mass Stipend/Bazaar               26,225
Nets Assets          2,802,088
TOTAL LIABILITIES AND NET ASSETS  $   2,842,702
CHURCH OF THE HOLY FAMILY
SUMMARY OF CASH RECEIPTS AND EXPENDITURES
FOR THE YEAR ENDED JUNE 30, 2016
CASH RECEIPTS –
PARISH COLLECTIONS – Regular and Special
Ordinary Offerings  $     672,574
Christmas            19,586
Easter            20,840
Facilities Improvements            11,353
Holy Days            10,343
Christmas/Easter Flowers             3,794
Diocesan Newspaper             1,135
 $     739,625
FUNDRAISING ACTIVITIES
Bazaar  $       29,653
Fish Dinners            39,586
 $       69,239
OTHER INCOME
Human Development  $       54,644
CYO & Youth Ministry            17,550
Chapel Income & Stole Fees            10,330
Religious Education Fees             7,594
Votive Candles             7,747
Funeral Luncheons            11,113
Interest/Dividends                280
 $      109,258
TOTAL RECEIPTS  $      918,122
EXPENDITURES –
Gross Salaries – clergy, office, organist, maintenance  $      306,038
Priest Allowance – pension, health insurance            16,775
Employee Benefits – soc. sec., pension, health ins.            73,713
Office Expenses/Services            46,169
Envelopes             9,581
Parish Worship          124,498
Religious Education             8,881
Youth Program and CYO            35,292
Rectory Household Expenses            13,763
Heat, Light and Water            27,336
Repairs and Maintenance            23,332
Insurance            15,958
Diocesan Newspaper – Catholic Sun             3,139
Broome County Catholic School Assessment          109,717
Clerical Fund Assessment            17,167
Diocesan Administration Fee             8,583
Investment Fees             2,343
Other             5,684
TOTAL EXPENDITURES  $      847,969
TOTAL RECEIPTS IN EXCESS
OF TOTAL EXPENSES  $        70,153
VITAL STATISTICS 7/1/15-6/30/16
Registered Families 1226
Baptisms 37
First Communions 38
Confirmations 31
Marriages 9
Funerals 33
– DIOCESAN COLLECTIONS –
Black/Native American  $           761
Catholic Relief Services              1,301
Holy Land                 981
Catholic Communications                 530
Peter’s Pence                 794
Catholic University                 500
Campaign for Human Development                 152
Seminary                 466
Respect for Life              2,073
Missionary Co-op              6,895
Rice Bowl                 104
Churches of Eastern Europe                 216
Home Missions                 560
Mission Sunday / Prop of Faith                 876
Disaster Relief- Health for Haiti / Nepal Earthquake            11,502
 $     27,711
Note:  These collections are entirely remitted to the diocese.
-SPECIFIC HUMAN DEVELOPMENT COLLECTIONS-
Pope John Paul II Outreach Center $     17,893
 $     17,893
Note:  These collections were entirely remitted to there designated recipients.