| ST. MATTHEW THE APOSTLE | |||||||||||
| Financial Statement | |||||||||||
| For the Fiscal Year 2006-2007 | |||||||||||
| Church | School | ||||||||||
| 2006-2007 | 2006-2007 | ||||||||||
| REVENUES | Budget | Actual | % | Budget | Actual | % | |||||
| June 30, 2007 | June 30, 2007 | ||||||||||
| Weekend Collections | $ 656,000 | $ 702,893 | 107.15% | ||||||||
| Christmas/Easter/Holy Days | $ 80,000 | $ 86,547 | 108.18% | ||||||||
| Diocesan Special Collection | $ 32,200 | $ 29,092 | 90.35% | ||||||||
| Gifts/Donation/Grant/Rental Income | $ 20,000 | $ 38,711 | 193.56% | $ 24,100 | $ 47,713 | 197.98% | |||||
| Religious Formation | $ 28,000 | $ 31,351 | 111.97% | ||||||||
| Sacramental Offerings | $ 44,000 | $ 50,792 | 115.44% | ||||||||
| Interest | $ 500 | $ 1,117 | 223.40% | $ 1,000 | $ 4,160 | 416.00% | |||||
| Repair My House Campaign Pledges/Heating Fund | $ 100,000 | $ 161,538 | 161.54% | ||||||||
| Tuition & Fees | $ 680,000 | $ 715,344 | 105.20% | ||||||||
| Parish/Sending Parishes Subsidies | $ 167,200 | $ 55,170 | 33.00% | ||||||||
| Fund Raising(Bingo/Carnival/HSA) | $ 104,000 | $ 97,868 | 94.10% | ||||||||
| Student Activities/Extended Care | $ 27,500 | $ 27,783 | 101.03% | ||||||||
| Cafeteria Income | $ 55,000 | $ 62,900 | 114.36% | ||||||||
| TOTAL REVENUES | $ 960,700 | $ 1,102,041 | 114.71% | $ 1,058,800 | $ 1,010,938 | 95.48% | |||||
| EXPENSES | |||||||||||
| Salaries & Benefits | $ 508,800 | $ 467,507 | 91.88% | $ 767,200 | $ 729,394 | 95.07% | |||||
| Administrative expenses | $ 44,900 | $ 41,278 | 91.93% | $ 38,500 | $ 24,698 | 64.15% | |||||
| Instructions | $ 28,100 | $ 21,499 | 76.51% | ||||||||
| Operation & Maintenance | $ 128,600 | $ 121,760 | 94.68% | $ 186,300 | $ 190,237 | 102.11% | |||||
| School Subsidy/Grant | $ 167,800 | $ 56,040 | 33.40% | ||||||||
| Religious Formation | $ 27,400 | $ 22,900 | 83.58% | ||||||||
| Liturgy & Worship | $ 29,800 | $ 23,824 | 79.95% | ||||||||
| Ministries | $ 23,400 | $ 18,384 | 78.56% | ||||||||
| Diocesan Assessment 2006 | $ 75,000 | $ 20,100 | 26.80% | ||||||||
| **Diocesan Assessment 2005 | $ 60,000 | $ 60,000 | |||||||||
| Diocesan Special Collection | $ 32,200 | $ 29,092 | 90.35% | ||||||||
| Diocesan Bishop's Appeal | $ - | $ - | |||||||||
| Interest/Principal/Repair My House | $ 80,000 | $ 202,121 | 252.65% | ||||||||
| Capital Improvement/Renovation/Repair My House | $ 15,000 | $ 26,422 | 176.15% | $ 10,000 | $ 10,000 | 100.00% | |||||
| Cafeteria/Student Activities Expense | $ 23,200 | $ 31,869 | 137.37% | ||||||||
| Purchase of Furniture/Equipment/Car (over $5000) | $ 12,614 | $ 5,500 | $ 3,240 | 58.92% | |||||||
| TOTAL EXPENSES | $ 1,192,900 | $ 1,102,041 | 92.38% | $ 1,058,800 | $ 1,010,938 | 95.48% | |||||
| NET SURPLUS (DEFICIT) | $ (232,200) | $ - | $ - | $ 0 | |||||||
| Notes: Repair My House Update | |||||||||||
| 2006-2007 | |||||||||||
| Total Money Received (July 06-June 07) | $ 146,482 | ||||||||||
| Expenses : | |||||||||||
| Bank Loan Principal payment | $ 125,921 | ||||||||||
| Interest | $ 16,200 | ||||||||||
| Bank Charges | $ 72 | ||||||||||
| Total | $ 142,193 | ||||||||||
| Total Balance RMH Account | $ 4,289 | ||||||||||
| Footnotes: | |||||||||||
| Just a reminder that we still owe the Diocese $60,000 for the 2006 Assessment and our Bank Loan Balance for our | |||||||||||
| Repair My House is $135,649, plus this fiscal year of 2007-2008 our Diocesan Assessment is $80,100. | |||||||||||
| Total Liabilities -2006 - 2007 | |||||||||||
| Repair My House Bank Loan | $ 135,649 | ||||||||||
| Diocesan Assessment 2006 | $ 60,000 | ||||||||||
| TOTAL | $ 195,649 | ||||||||||