01/13/10 Consolidated Balance Sheet

Transcription

1 1:26 PM The Diocese of the West 01/13/10 Consolidated Balance Sheet Accrual Basis As of December 31, 2009 Dec 31, 09 Dec 31, 08 ASSETS Current Assets Checking/Savings Checking at Wells Fargo 42, , Checking at Chase Transitory Restricted PT Reyes Unrestricted Checking 5, Checking at Chase - Other , Total Checking at Chase 5, , Savings at Chase APY 0.05% Operating Reserves (Salaries) 4, , R1 - St. Eugene Funds , R2 - Mission Dept Funds 12, R3 - Music Fund R4 - Liturgical Items Fund Sale of Pt Reyes - BD 4, Total Savings at Chase APY 0.05% 21, , Savings at Wells Fargo APY.15% R1 - Missions Donations 6, Legal Fund Set Aside - BD 7, , Matushki Activities - BD 2, , Mission Dir Salary Reserve - BD 2, Sale of Pt Reyes - BD 29, , Short Term Operating Reserves 60, Total Savings at Wells Fargo APY.15% 107, , Savings at ING APY 1.15% 38, , Unrestricted Checking at WAMU Operating Funds-WAMU Total Unrestricted Checking at WAMU Savings at ING - CDs CD % 11/17/ , CD % 8/10/10 20, , CD % 5/13/10 10, , CD % 5/13/10 10, , CD % 11/13/10 10, , CD % 5/13/13 10, , CD % 11/19/10 31, , Total Savings at ING - CDs 113, , Total Checking/Savings 329, , Accounts Receivable Assessment Receivables Assembly Assessments Diocesan Percentage Assessment 8, , Fair Share Assessments 6, , Total Assessment Receivables 15, , Life Giving Spring Loan 13, , Page 1 Report 1

2 1:26 PM The Diocese of the West 01/13/10 Consolidated Balance Sheet Accrual Basis As of December 31, 2009 Dec 31, 09 Dec 31, 08 Loans from Pt Reyes Fund Holy Assumption Monastery Loan 36, LGS Ongoing Operations 56, Loan to Merced 295, Monastery of St John 13, Total Loans from Pt Reyes Fund 403, Other Parish Receivables 9, Stewardship Pledges , Total Accounts Receivable 441, , Other Current Assets "Saints of America" Inventory Mesirow Financial 03 mo CD - First Federal Bank , mo CD - TIB Bank , mo CD - Belmont Savings , mo CD - Cornerstone Bank , mo CD - Bank Lincolnwood , mo CD - Century Bank , mo CD - Bank of Miami , mo CD - Mercantile Bank , mon CD - Bank of Miami , Mo CD - First Chicago Bank , mon CD - Morgan Stanley , Cash Trust - 30 day yield.01% 411, , CD - Amboy Bank 1.25% 4/30/10 50, CD - Midfirst Bank.8% 3/29/10 50, Total Mesirow Financial 511, , Missions Savings LCBA 4.5% - R 63, , Undeposited Funds 1, , Total Other Current Assets 576, , Total Current Assets 1,348, ,648, Fixed Assets 720 Duboce House 45, , Furniture and Equipment 10, , LifeGiving Spring Ret. Center 215, Total Fixed Assets 271, , TOTAL ASSETS 1,619, ,704, LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable Accounts Payable 1, Total Accounts Payable 1, Credit Cards American Express , Page 2 Report 1

3 1:26 PM The Diocese of the West 01/13/10 Consolidated Balance Sheet Accrual Basis As of December 31, 2009 Dec 31, 09 Dec 31, 08 Chase Credit Card 4, , Total Credit Cards 4, , Other Current Liabilities Chancellor Pension Withholding Deferred Revenue , Direct Deposit Liabilities -5, , Payroll Liabilities OCAPEN Company Employee Bishop's Contribution Miss. Director Contribution Total Employee Total OCAPEN Total Payroll Liabilities Total Other Current Liabilities -4, , Total Current Liabilities 1, Total Liabilities 1, Equity Opening Bal Equity 313, , Retained Operating Earnings 1,391, , Net Income -86, ,076, Total Equity 1,617, ,704, TOTAL LIABILITIES & EQUITY 1,619, ,704, Page 3 Report 1

4 11:16 AM The Diocese of the West 01/13/10 Unrestricted Funds Profit & Loss Budget vs. Actual Jan - Dec 09 Budget % of Budget Ordinary Income/Expense Income Lights-on Income DPA 328, , % Fair Share from Parishes 260, , % Assembly Income 12, Operating Investment Income Interest-Savings, Short-term CD ING CD Interest 2, ING Business Savings Interest Wells Fargo Savings Interest Other Interest Total Interest-Savings, Short-term CD 3, Checking Interest 2.19 Total Operating Investment Income 3, Pass Through Misc Book Sales Total Lights-on Income 606, , % Outreach (Stewards of the West) General Stewardship Donations 35, , % Pledges 1, Total Outreach (Stewards of the West) 37, , % Total Income 643, , % Cost of Goods Sold Cost Books Sold Total COGS Gross Profit 643, , % Expense Lights-on Expenses 09_OCA Expenses Fair Share Paid to OCA 260, , % Total 09_OCA Expenses 260, , % 01_Payroll Expenses Gross Wages Diocesan Hierarch Salary 61, , % Administrative Assistant Salary 8, , % Diocesan Hierarch Housing 6, , % Total Gross Wages 76, , % Stipends Deans' Stipends 24, , % Treasurer Stipend 17, , % Chancellor Stipend 7, , % Kellenik Medical Stipend 7, , % Page 1 Report 2

5 11:16 AM The Diocese of the West 01/13/10 Unrestricted Funds Profit & Loss Budget vs. Actual Jan - Dec 09 Budget % of Budget Total Stipends 56, , % Employee Benefits Diocesan Hierarch Benefits Health Insurance 6, , % Diocesan Hierarch OCA Pension 4, , % OCA Life Insurance % Total Diocesan Hierarch Benefits 11, , % Total Employee Benefits 11, , % Workmans Comp 1, , % Payroll Taxes Social Security Tax % Medicare Taxes % FUTA 0.00 Total Payroll Taxes % Direct Deposit Fees % Total 01_Payroll Expenses 145, , % 04_Travel Diocesan Hierarch Travel 21, , % Council Meeting Travel 11, , % Metropolitan Council 5, , % Dean's Travel 4, , % Travel for Auditing Function 4, , % Chancellor's Travel 3, , % Seminary Visit 1, , % Misc.Travel 1, Chancellor's Advisory Committee , % Total 04_Travel 54, , % 05_Insurance and Property LGS Mortgage Support 5, , % Property & Liability Insurance 2, , % Bishop's Move & Furnishings 2, Total 05_Insurance and Property 11, , % 03_Office Expenses Telephone Diocesan Hierarch Cell Phone 2, , % Office Phone_Internet Access 1, , % Total Telephone 4, , % Office Supplies & Expenses 3, , % Postage 1, , % Bank Charges QuickBooks Online Banking Returned Checks Wire Fees Total Bank Charges Page 2 Report 2

6 11:16 AM The Diocese of the West 01/13/10 Unrestricted Funds Profit & Loss Budget vs. Actual Jan - Dec 09 Budget % of Budget Fort Ross Registration % Books & Publications Office Equipment , % CA Non-Profit Filing Fee % Amex Annual Fee % Total 03_Office Expenses 9, , % 06_Clergy and Parish Resources Diocesan Loan Fund Development 4, , % Clergy Pre-Assignment Assesmt 1, , % Liturgical Supplies % Parish Reimbursments OCA Clergy Assistance Prgm , % Total 06_Clergy and Parish Resources 5, , % 07_Department of Communications Web Site Web Site Designer Stipend 3, , % Web Hosting & Domain name fees % Total Web Site 3, , % Development/Improvement "American Saints" Publication Publication Publication Editor Stipend % Publishing & Mailing , % Total Publication , % Total 07_Department of Communications 3, , % 08_Diocesan Assembly Food 2, Hotel Rooms Transportation Misc Postage Projection System Total 08_Diocesan Assembly 3, _Professional Fees CPA Fees 2, , % Notary Public Legal Fees % Total 02_Professional Fees 2, , % Pass Through Expense Misc 1, Pan Orthodox Activities 1, , % Total Lights-on Expenses 497, , % Outreach Expenses Department of Missions Mission Dir Housing Allowance 18, , % Stipends for Mission Priests 18, , % Page 3 Report 2

7 11:16 AM The Diocese of the West 01/13/10 Unrestricted Funds Profit & Loss Budget vs. Actual Jan - Dec 09 Budget % of Budget Moving Expenses 7, , % Supplement to Director's Parish 6, , % Mission Dept Travel 5, , % Mission Assistance 2, Mission Board Meeting Expenses 1, OCA Pension - Mission Dir 1, , % Total Department of Missions 60, , % Intern Program 18, , % Department of Charities Discretionary Fund 2, , % Assistance with Kaiser Premiums 1, , % Martha-Mary House 1, , % Raphael House (SF) 1, , % Eritrean Home for Elderly % Raphael House (Portland) % Total Department of Charities 7, , % Seminarian Financial Aid 5, , % Department of Stewardship Paper & Copying 4, , % Online Donation Fees Postage for Appeals , % Total Department of Stewardship 4, , % Youth Department Pacific Central Deanery 1, , % Pacific Northwest Deanery % Rocky Mountain Deanery % Pacific Southwest Deanery % Total Youth Department 3, , % Music Dept , % Total Outreach Expenses 98, , % Total Expense 596, , % Net Ordinary Income 46, , % Net Income 46, , % Page 4 Report 2

8 1:45 PM The Diocese of the West 01/13/10 Point Reyes Funds Balance Sheet Accrual Basis As of December 31, 2009 Dec 31, 09 ASSETS Current Assets Checking/Savings Checking at Chase Transitory Restricted PT Reyes Total Checking at Chase Savings at Chase APY 0.05% Sale of Pt Reyes - BD 4, Total Savings at Chase APY 0.05% 4, Savings at Wells Fargo APY.15% Sale of Pt Reyes - BD 29, Total Savings at Wells Fargo APY... 29, Total Checking/Savings 34, Accounts Receivable Loans from Pt Reyes Fund Holy Assumption Monastery Loan 36, LGS Ongoing Operations 56, Loan to Merced 295, Monastery of St John 13, Total Loans from Pt Reyes Fund 403, Total Accounts Receivable 403, Other Current Assets Mesirow Financial Cash Trust - 30 day yield.01% 411, CD - Amboy Bank 1.25% 4/30/10 50, CD - Midfirst Bank.8% 3/29/10 50, Total Mesirow Financial 511, Total Other Current Assets 511, Total Current Assets 949, Fixed Assets 720 Duboce House 45, LifeGiving Spring Ret. Center 215, Total Fixed Assets 261, TOTAL ASSETS 1,210, LIABILITIES & EQUITY 0.00 Page 1 Report 3

9 1:51 PM The Diocese of the West 01/13/10 Sale of Point Reyes Funds Year to Date Profit & Loss Jan - Dec 09 Ordinary Income/Expense Income Restricted Income PT Reyes Fund Income Mesirow Investment Interest 9, Loan Interest 8, Bank Savings Interest Total PT Reyes Fund Income 19, Total Restricted Income 19, Total Income 19, Gross Profit 19, Expense Restricted Expenses BD - Point Reyes Sale Funds St John Monastery Chapel C , St Barbara Monastery Chap... 43, Investments Fees Life Giving Spring Expenses 0.00 Holy Assumption Monastery 0.00 Bank Charges and CD Penalt Total BD - Point Reyes Sale Fu , Total Restricted Expenses 165, Total Expense 165, Net Ordinary Income -146, Net Income -146, Page 1 Report 4

10 11:40 AM The Diocese of the West 01/13/10 Mission Restricted Funds Year to Date Profit & Loss Jan - Dec 09 Ordinary Income/Expense Income Restricted Income Mission Board Income Donations for Missions 18, Mission Deanery Retreat Income 4, Mission Board Funds Annuity Int 2, St. Andrew Distributrion Total Mission Board Income 26, Total Restricted Income 26, Total Income 26, Gross Profit 26, Expense Restricted Expenses Mission Board Expenses Deanery Retreat Expenses 6, Board Meetings Mission Loans 0.00 Total Mission Board Expenses 6, Total Restricted Expenses 6, Total Expense 6, Net Ordinary Income 19, Net Income 19, Page 1 Report 5