| Congregation of Holy Angels | |||||||
| Statement of Revenues and Expenditures | |||||||
| Fiscal Year 2006/07 | |||||||
| REVENUES | EXPENDITURES | ||||||
| Parish | Church & Rectory | ||||||
| Envelopes | $1,060,537 | Salaries & Benefits | $260,917 | ||||
| Offertory | 68,128 | Supplies & Services | 104,696 | ||||
| Donations and Bequests | 52,045 | Utilities & Maintenance | 49,234 | ||||
| Wedding/Funeral Stipends | 8,710 | Insurance & Other | 32,373 | ||||
| Misc - Pick N'Save | 6,529 | Sub-Total | $447,220 | ||||
| Collections for Others | 28,035 | School | |||||
| Tuition | 617,188 | Salaries & Benefits | $1,275,130 | ||||
| School Fees & Fund Raisers | 218,042 | Supplies & Services | 143,220 | ||||
| Tuition Assistance-Trust Fund | 19,558 | Utilities & Maintenance | 86,028 | ||||
| Tuition Assistance-St. Vincent de Paul | 9,750 | Sub-Total | $1,504,378 | ||||
| Tuition Assistance-Other | 7,242 | Religious Education | |||||
| Tuition-School Trust Fund | 40,000 | Salaries & Benefits | $39,780 | ||||
| Tuition-Participating Parish | 15,750 | Materials & Supplies | 8,263 | ||||
| Tuition-Stehling Project | 71,813 | Utilities & Maintenance | 1,844 | ||||
| Rental Income | 59,411 | Sub-Total | $49,887 | ||||
| Festival Income | 45,787 | Youth Ministry | |||||
| Interest Income | 3,303 | Salaries & Benefits | $36,928 | ||||
| Religious Education Receipts | 14,309 | Supplies & Services | 48,858 | ||||
| Youth Ministry Receipts | 53,646 | Sub-Total | $85,786 | ||||
| Sub-Total | 2,399,783 | ||||||
| Capital Expenditures | 135,794 | ||||||
| Archdiocesan Assessment | 51,393 | ||||||
| Parish-Dominican Republic | 15,000 | ||||||
| Reserve Fund | 50,000 | ||||||
| Collections for Others | 30,546 | ||||||
| Renovation Interest | 8,051 | ||||||
| Total Revenues | $2,399,783 | Total Expenditures | $2,378,055 | ||||
| Operating Residue | $21,728 | ||||||
| This report covers the parish business year from July 1, 2006 to June 30, 2007 | |||||||
| Financial footnotes: | |||||||
| Subsidy provided School by Parish was $505,035 (37.9% of Total Church Revenues) | |||||||
| Restricted Funds - highlights not reflected in the above are: | |||||||
| - Church Renovation Fund - | |||||||
| Bequests and additional contributions of $9,320 | |||||||
| Debt Balance of $64,827 | |||||||
| - Archdiocesan Stewardship Appeal - contributions of $61,000 | |||||||
| - School Trust Fund - contributions of $85,578 | |||||||
| - Cemetery - revenues of $40,729 and expenditures of $41,841 | |||||||
| - Athletic Committee - revenues of $25,669 and expenditures of $21,107 | |||||||