Jul 31, 15 Dec 31, 14 ASSETS Current Assets Checking/Savings Checking at Wells Fargo *** , ,805.10

Transcription

1 2:03 PM The Diocese of the West 08/08/15 Consolidated Balance Sheet ASSETS Current Assets Checking/Savings Checking at Wells Fargo *** , , Savings-Wells Fargo** % Short Term Operating Reserves 174, , Restricted Funds Mission Dir Salary Reserve , Mission Dept Funds 18, , Pan Orthodox Clergy Fund 2, , Total Restricted Funds 20, , Council Set Aside Funds Point Reyes Loan Fund 42, , Legal Fund Set Aside 34, , Sarah Elisabet Scholarship Fund 3, , Matushki Activities Reserve 2, , Liturgical Items 2, Total Council Set Aside Funds 85, , Total Savings-Wells Fargo** , , Savings at WF - CDs R2 - Missions CD *** % 27, , R2 - Missions CD *** % 26, , Total Savings at WF - CDs 53, , Pacific Continental Bank CDs Oper CD *** % 10/18/15 20, , Oper CD*** % 10/18/15 20, , SEO Fund *** % 9/24/15 40, , Total Pacific Continental Bank CDs 80, , Kaiser Funds - East West Bank Savings at Capital One 360 Business Savings APY.50% 113, , CD- **** % 11/19/ , CD- **** % 11/13/ , CD- **** % 05/13/17 10, , CD- **** % 11/13/ , CD- **** % 5/13/18 11, , CD- **** % 05/07/ , CD- **** % 11/17/ , CD- **** % 5/10/ , , CD-**** % 5/13/ , , R2 CD- **** % 08/07/17 13, , Total Savings at Capital One , , Savings at Union Bank Page 1 Report 1

2 2:03 PM The Diocese of the West 08/08/15 Consolidated Balance Sheet CD ****0081 APY 1.8% 07/31/17 23, , Total Savings at Union Bank 23, , Total Checking/Savings 774, , Accounts Receivable Assessment Receivables Assembly Assessments Parish Monthly Assessments -6, , Total Assessment Receivables -5, , Loans from Pt Reyes Fund Culver City Parish Loan 1, , Monastery of St John 31, , Total Loans from Pt Reyes Fund 32, , Other Parish Receivables Stewardship Pledges 3, Total Accounts Receivable 30, , Other Current Assets 'Saints of America' Inventory Infinity Financial Ball Corp SR Ball Corp Purchase Price , Ball Corp SR - Other Total Ball Corp SR , Cash Cash Trust - 30 day yield.01% 64, , Franklin Alternative Strategies Franklin Altern. Adj to Market Franklin Altern. Purchase Price 25, Total Franklin Alternative Strategi... 24, Franklin Temleton Funds Franklin Temp. Adj. to Market Purchase Price 10, Total Franklin Temleton Funds 10, IAC Interactivecorp IAC Adj to Market IAC Purchase Price , Total IAC Interactivecorp , Invesco Diversified FD - LCEVX Invesco Adj. to Market 5, , Invesco Div Purchase Price 25, , Page 2 Report 1

3 2:03 PM The Diocese of the West 08/08/15 Consolidated Balance Sheet Total Invesco Diversified FD - LC... 30, , IShares 1-3 yr ETF Bond - CSJ IShares Adj to Market IShares Purchase Price 31, , Total IShares 1-3 yr ETF Bond , , Lord Abbett Glob.FD Inc - LDMCX Lord Abbett Glob. Adj to Market -1, , Lord Abbett Global Purch. Price 10, , Total Lord Abbett Glob.FD Inc - L... 8, , Lord Abbett Multi Asset-ISFCX Lord Abbett Adj to Market Lord Abbett Purchase Price 15, , Total Lord Abbett Multi Asset-ISF... 14, , MFS Total Return Fund - MTRCX MFS Adj to Market MFS Purchase Price 25, , Total MFS Total Return Fund - M... 24, , Oppenheimer Intnl Growth Fund Oppen Adjustment to Market 2, , Oppen Intl Fnd Purchase Price 10, , Total Oppenheimer Intnl Growth... 12, , Oppenheimer Steel MLP - MLPRX Oppen Steelpath Adj to Market , Oppen Steelpath Purchase Price 8, , Total Oppenheimer Steel MLP - M... 9, , Putnam Diversified Inc. - PDVCX Putnam Div Adjustment to Mar... -1, Putnam Diver. Purchase Price 30, , Total Putnam Diversified Inc. - PD... 28, , Putnam Funds Trust Abs - PTRGX Putnam Adjustment to Market -2, , Putnam Funds Purchase Price 50, , Total Putnam Funds Trust Abs - P... 47, , Tenet Healthcare Corp Tenet Adjustment to Market Tenet HealthCare Purchase Price , Total Tenet Healthcare Corp , UIT First Trust Page 3 Report 1

4 2:03 PM The Diocese of the West 08/08/15 Consolidated Balance Sheet UIT Adj to Market -4, UIT Purchase Price 45, UIT First Trust - Other Total UIT First Trust 40, Wells Fargo FDS TR -WARCX Wells Fargo Abs Adj to Market -1, , Wells Fargo Abs Purchase Price 50, , Total Wells Fargo FDS TR -WAR... 48, , Wells Fargo ST/High - WFHYX WF Adjustment to Market , Wells Fargo Purchase Price 100, , Total Wells Fargo ST/High - WFH... 99, , Total Infinity Financial 493, , LCBA Missions Savings 4.5% - R 80, , Paypal , Undeposited Funds 6, , Total Other Current Assets 581, , Total Current Assets 1,387, ,372, Fixed Assets Office Furniture and Equipment Accumulated Depreciation -8, , Cost 10, , Office Furniture and Equipment - Ot Total Office Furniture and Equipment 2, , Total Fixed Assets 2, , Other Assets 720 Duboce House Investment 45, , LGS Holding, LLC Investment 300, , Total Other Assets 345, , TOTAL ASSETS 1,735, ,720, LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable Accounts Payable , Total Accounts Payable , Credit Cards Page 4 Report 1

5 2:03 PM The Diocese of the West 08/08/15 Consolidated Balance Sheet Chase Credit Card 4, , Total Credit Cards 4, , Other Current Liabilities Direct Deposit Liabilities -2, , Payroll Liabilities Federal Withholding 1, , Medicare Company Employee Total Medicare OCAPEN Company 1, , Employee Admin. Asst. Contribution Archbishop's Contribution Chancellor Contribution Miss. Director Contribution Total Employee 1, , Total OCAPEN 2, , Social Security Company Employee Total Social Security State Withholding CA Total Payroll Liabilities 4, , Total Other Current Liabilities 1, , Total Current Liabilities 6, , Total Liabilities 6, , Equity Opening Bal Equity 313, , Retained Operating Earnings 1,399, ,493, Unreal. Investment Gains/Losses Franklin Templeton UIT Unreal Gains/Loss -4, MFS Unrealized Gains/Losses Franklin Alternative IAC Unreal Gains/Loss Invesco Div Unreal. Gain/Loss 5, , IShares 1-3 yr Gain/Loss Lord Abbett DivUnreal Gain/Loss Lord Abbett Glob Gains/Losses -2, , Oppen Steel. Unreal. Gains/Loss , Page 5 Report 1

6 2:03 PM The Diocese of the West 08/08/15 Consolidated Balance Sheet Oppen. Unrealized Gains/Losses 2, , Putnam Div. Unreal Gains/Losses -1, Putnam Fds Unreal. Gains/Losses -2, , Tenet Unrealized Gain/Loss W F ST Unrealized Gains/Losses , Wells Fargo Abs Gain/Loss -1, , Total Unreal. Investment Gains/Losses -6, , Net Income 22, , Total Equity 1,729, ,709, TOTAL LIABILITIES & EQUITY 1,735, ,720, Page 6 Report 1

7 3:18 PM The Diocese of the West 08/08/15 Unrestricted Funds Profit & Loss Budget vs. Actual Accrual Basis January through December 2015 Jan - Dec 15 Budget % of Budget Ordinary Income/Expense Income Lights-on Income Assembly Income 5, Book Sales Operating Investment Income Interest-Savings, Short-term CD Capital 360 Business Savings % Capital 360 CD Interest , % Pacific Continental Bank CDs % Union Bank CD Interest % Wells Fargo Savings Interest % Total Interest-Savings, Short-ter... 1, , % Total Operating Investment Income 1, , % Parish Combined Assessments 429, , % Total Lights-on Income 435, , % Outreach (Stewards of the West) General Stewardship Donations 17, Pledges 5, Outreach (Stewards of the West) , % Total Outreach (Stewards of the West) 22, , % Pass Through Income Pass Through Misc 1, Total Pass Through Income 1, Total Income 459, , % Cost of Goods Sold Cost Books Sold 4.26 Total COGS 4.26 Gross Profit 459, , % Expense Lights-on Expenses 01_Payroll Expenses Direct Deposit Fees % Employee Benefits Admin Asst Benefits Admin. Assistant Pension Health Insurance 3, , % Total Admin Asst Benefits 3, , % Benefits for other Employees Health Insurance (Fr Barna... 8, , % Page 1 Report 2

8 2:43 PM The Diocese of the West 08/08/15 Point Reyes Fund Extracted Balance Sheet ASSETS Current Assets Checking/Savings Savings-Wells Fargo** % Council Set Aside Funds Point Reyes Loan Fund 42, , Total Council Set Aside Funds 42, , Total Savings-Wells Fargo** , , Total Checking/Savings 42, , Accounts Receivable Loans from Pt Reyes Fund Culver City Parish Loan 1, , Monastery of St John 31, , Total Loans from Pt Reyes Fund 32, , Total Accounts Receivable 32, , Other Current Assets Infinity Financial Ball Corp SR Ball Corp Purchase Price , Ball Corp SR - Other Total Ball Corp SR , Cash Cash Trust - 30 day yield.01% 64, , Franklin Alternative Strategies Franklin Altern. Adj to Market Franklin Altern. Purchase Price 25, Total Franklin Alternative Strategi... 24, Franklin Temleton Funds Franklin Temp. Adj. to Market Purchase Price 10, Total Franklin Temleton Funds 10, IAC Interactivecorp IAC Adj to Market IAC Purchase Price , Total IAC Interactivecorp , Invesco Diversified FD - LCEVX Invesco Adj. to Market 5, , Invesco Div Purchase Price 25, , Total Invesco Diversified FD - LC... 30, , IShares 1-3 yr ETF Bond - CSJ Page 1 Report 3

9 2:43 PM The Diocese of the West 08/08/15 Point Reyes Fund Extracted Balance Sheet IShares Adj to Market IShares Purchase Price 31, , Total IShares 1-3 yr ETF Bond , , Lord Abbett Glob.FD Inc - LDMCX Lord Abbett Glob. Adj to Market -1, , Lord Abbett Global Purch. Price 10, , Total Lord Abbett Glob.FD Inc - L... 8, , Lord Abbett Multi Asset-ISFCX Lord Abbett Adj to Market Lord Abbett Purchase Price 15, , Total Lord Abbett Multi Asset-ISF... 14, , MFS Total Return Fund - MTRCX MFS Adj to Market MFS Purchase Price 25, , Total MFS Total Return Fund - M... 24, , Oppenheimer Intnl Growth Fund Oppen Adjustment to Market 2, , Oppen Intl Fnd Purchase Price 10, , Total Oppenheimer Intnl Growth... 12, , Oppenheimer Steel MLP - MLPRX Oppen Steelpath Adj to Market , Oppen Steelpath Purchase Price 8, , Total Oppenheimer Steel MLP - M... 9, , Putnam Diversified Inc. - PDVCX Putnam Div Adjustment to Mar... -1, Putnam Diver. Purchase Price 30, , Total Putnam Diversified Inc. - PD... 28, , Putnam Funds Trust Abs - PTRGX Putnam Adjustment to Market -2, , Putnam Funds Purchase Price 50, , Total Putnam Funds Trust Abs - P... 47, , Tenet Healthcare Corp Tenet Adjustment to Market Tenet HealthCare Purchase Price , Total Tenet Healthcare Corp , UIT First Trust UIT Adj to Market -4, UIT Purchase Price 45, Page 2 Report 3

10 2:43 PM The Diocese of the West 08/08/15 Point Reyes Fund Extracted Balance Sheet UIT First Trust - Other Total UIT First Trust 40, Wells Fargo FDS TR -WARCX Wells Fargo Abs Adj to Market -1, , Wells Fargo Abs Purchase Price 50, , Total Wells Fargo FDS TR -WAR... 48, , Wells Fargo ST/High - WFHYX WF Adjustment to Market , Wells Fargo Purchase Price 100, , Total Wells Fargo ST/High - WFH... 99, , Total Infinity Financial 493, , Total Other Current Assets 493, , Total Current Assets 569, , Other Assets 720 Duboce House Investment 45, , LGS Holding, LLC Investment 300, , Total Other Assets 345, , TOTAL ASSETS 915, , LIABILITIES & EQUITY Equity Unreal. Investment Gains/Losses UIT Unreal Gains/Loss -4, MFS Unrealized Gains/Losses Franklin Alternative IAC Unreal Gains/Loss Invesco Div Unreal. Gain/Loss 5, , IShares 1-3 yr Gain/Loss Lord Abbett DivUnreal Gain/Loss Lord Abbett Glob Gains/Losses -2, , Oppen Steel. Unreal. Gains/Loss , Oppen. Unrealized Gains/Losses 2, , Putnam Div. Unreal Gains/Losses -1, Putnam Fds Unreal. Gains/Losses -2, , Tenet Unrealized Gain/Loss W F ST Unrealized Gains/Losses , Wells Fargo Abs Gain/Loss -1, , Total Unreal. Investment Gains/Losses -6, , Total Equity -6, , TOTAL LIABILITIES & EQUITY -6, , Page 3 Report 3

11 3:18 PM The Diocese of the West 08/08/15 Unrestricted Funds Profit & Loss Budget vs. Actual Accrual Basis January through December 2015 Jan - Dec 15 Budget % of Budget Total Benefits for other Emplo... 8, , % Diocesan Hierarch Benefits Diocesan Hierarch OCA Pen... 3, , % Health Insurance 8, , % LCBA Life Insurance % Total Diocesan Hierarch Benefits 12, , % Total Employee Benefits 25, , % Gross Wages Administrative Assistant Salary 6, , % Diocesan Hierarch Salary 41, , % Housing - Chancellor 5, , % Housing -Diocesan Hierarch 1, , % Total Gross Wages 53, , % Payroll Taxes Medicare Taxes % Social Security Tax % Total Payroll Taxes % Stipends Bishop's Stipend 5, , % Deans' Stipends 12, , % Total Stipends 18, , % Workers' Compensation , % 01_Payroll Expenses - Other 0.00 Total 01_Payroll Expenses 98, , % 02_Professional Fees Bookkeeping 13, , % CPA Fees 3, , % Legal Fees , % Notary Public % Total 02_Professional Fees 16, , % 03_Office Expenses Background Checks , % Bank Charges CD Withdrawal Penalty Excess Deposit Fees % QuickBooks Online Banking % Returned Checks % Stop Payment Fee % Bank Charges - Other 0.00 Total Bank Charges , % Books & Publications Page 2 Report 2

12 3:18 PM The Diocese of the West 08/08/15 Unrestricted Funds Profit & Loss Budget vs. Actual Accrual Basis January through December 2015 Jan - Dec 15 Budget % of Budget Church and Clergy Tax Guide % Church Tax & Law Subscripti % Total Books & Publications % CA Non-Profit Filing Fee % Fort Ross Registration , % Office Supplies & Expenses QuickBooks Hosting Computer and PrinterAccessor Desk Supplies 1, Office Services Paper, bulk mailing Software, HW & SW support 1, Treasurer iphone /data Office Supplies & Expenses - O , % Total Office Supplies & Expenses 4, , % Postage , % Telephone/Fax Diocesan Hierarch Cell Phone 1, , % Office Phone_Internet Access , % Total Telephone/Fax 1, , % Total 03_Office Expenses 8, , % 04_Travel Bishop Travel 1, , % All American Council 1, Chancellor's Advisory Committee 1, , % Chancellor's Travel 1, , % Council Meeting Travel 10, , % Deans' Meeting Travel 1, , % Diocesan Hierarch Travel 18, , % Metropolitan Council , % Seminary Visit 2, , % Travel for Auditing Function , % Travel for Diocesan Business , % Visiting Clergy Travel , % Total 04_Travel 41, , % 05_Facilities and Equipment Office Equipment 1, , % Property & Liability Insurance 3, , % Total 05_Facilities and Equipment 5, , % 06_Clergy and Parish Resources Clergy Pre-Assignment Assesmt , % Deanery Activities Rocky Mountain Deanery 1, Page 3 Report 2

13 3:18 PM The Diocese of the West 08/08/15 Unrestricted Funds Profit & Loss Budget vs. Actual Accrual Basis January through December 2015 Jan - Dec 15 Budget % of Budget Deanery Activities - Other , % Total Deanery Activities 1, , % Liturgical Supplies % OCA Clergy Assistance Prgm , % Vocations (SubD & D Train) , % Total 06_Clergy and Parish Resour... 2, , % 07_Department of Communications "American Saints" Publication Publication Publication Office Supplies Postage & Supplies 2.86 Total Publication Office Supplies 2.86 Total Publication 2.86 Total 07_Department of Communic _OCA Expenses AAC Non-travel Expenses Fair Share Paid to OCA 144, , % Total 09_OCA Expenses 144, , % 10_Special Events Consecration of Bishop Daniel 14, , % Total 10_Special Events 14, , % Pan Orthodox Activities % Total Lights-on Expenses 330, , % Outreach Expenses Department of Charities Discretionary Fund , % Gobezie Goshu Home in Ethiopia , % Project Mexico , % Raphael House (Portland) , % St Petersburg Hospice % Total Department of Charities , % Department of Missions Mission Assistance Mission Board Meeting Expenses 1, , % Mission Dir Housing Allowance 13, , % Mission Dir Travel 3, , % Moving Expenses 10, , % OCA Pension - Mission Dir 1, , % Stipends for Mission Priests Misc. Approved Mission Expen Stipends - not Housing Allow 11, Page 4 Report 2

14 3:18 PM The Diocese of the West 08/08/15 Unrestricted Funds Profit & Loss Budget vs. Actual Accrual Basis January through December 2015 Jan - Dec 15 Budget % of Budget Mission Deanery Retreat 1, Housing Allowances 11, Stipends for Mission Priests , , % Total Stipends for Mission Priests 27, , % Supplement to Director's Parish 2, , % Supply Priest Travel 2, , % Total Department of Missions 60, , % Department of Stewardship Appeal Preparation and Mailing 1, , % Online Donation Fees % Postage for Appeals 1, , % Total Department of Stewardship 2, , % Intern Program , % Music Dept , % Seminarian Financial Aid 4, , % Youth Department Mission Deanery 1, , % Pacific Central Deanery 1, , % Pacific Northwest Deanery , % Pacific Southwest Deanery 1, , % Rocky Mountain Deanery , % Total Youth Department 3, , % Total Outreach Expenses 72, , % Pass Through Expenses Pass Through Misc 1, Total Pass Through Expenses 1, Total Expense 404, , % Net Ordinary Income 55, , % Net Income 55, , % Page 5 Report 2

15 2:44 PM The Diocese of the West 08/08/15 Point Reyes Fund Profit & Loss Accrual Basis January through July 2015 Jan - Jul 15 Ordinary Income/Expense Income Lights-on Income Operating Investment Income Interest-Savings, Short-term CD Capital 360 CD Interest 9.02 Total Interest-Savings, Short-ter Total Operating Investment Income 9.02 Total Lights-on Income 9.02 Restricted Income PT Reyes Fund Income Bank Savings Interest Investment Interest & Dividends 3, PT Reyes Fund Income - Other Total PT Reyes Fund Income 3, Total Restricted Income 3, Total Income 3, Gross Profit 3, Expense Restricted Expenses BD - Point Reyes Sale Funds Investments Fees and Expenses Life Giving Spring Expenses LGS Holding Expenses Realized LT & ST Capital Loss Total BD - Point Reyes Sale Funds Total Restricted Expenses Total Expense Net Ordinary Income 3, Net Income 3, Page 1 Report 4

16 2:46 PM The Diocese of the West 08/08/15 Mission Funds Extracted Balance Sheet ASSETS Current Assets Checking/Savings Savings-Wells Fargo** % Restricted Funds Mission Dir Salary Reserve , Mission Dept Funds 18, , Total Restricted Funds 18, , Total Savings-Wells Fargo** , , Savings at WF - CDs R2 - Missions CD *** % 27, , R2 - Missions CD *** % 26, , Total Savings at WF - CDs 53, , Savings at Capital One 360 R2 CD- **** % 08/07/17 13, , Total Savings at Capital One , , Total Checking/Savings 85, , Other Current Assets LCBA Missions Savings 4.5% - R 80, , Total Other Current Assets 80, , Total Current Assets 166, , TOTAL ASSETS 166, , LIABILITIES & EQUITY Page 1 Report 5

17 3:20 PM The Diocese of the West 08/08/15 Mission Restricted Funds Year to Date Profit & Loss Accrual Basis January through July 2015 Jan - Jul 15 Ordinary Income/Expense Income Restricted Income Mission Board Income LCBA Annuity Interest 2, CD and Savings Interest Total Mission Board Income 2, Total Restricted Income 2, Total Income 2, Gross Profit 2, Expense Restricted Expenses Mission Board Expenses Missions Support Items 10, Deanery Retreat Expenses Total Mission Board Expenses 10, Total Restricted Expenses 10, Total Expense 10, Net Ordinary Income -7, Net Income -7, Page 1 Report 6

18 2:49 PM The Diocese of the West 08/08/15 Activity of other Restricted Funds Accrual Basis January through July 2015 Jan - Jul 15 Ordinary Income/Expense Income Restricted Income Direct Charity Donations Gobezie Goshu Home 6, St Ptb Children's Hospice Budget Total Direct Charity Donations 6, Pass Through Income Payment for Kaiser Health I... 13, Pan Orthodox Clergy Fund I Total Pass Through Income 13, Total Restricted Income 19, Total Income 19, Gross Profit 19, Expense Restricted Expenses Designated Direct Charities Children's Hospice Gobezie Goshu Home 6, Total Designated Direct Charities 6, Liturgical Items Fund Expense 0.00 Pass Through Expenses Payments to Kaiser from PCD 13, Total Pass Through Expenses 13, Total Restricted Expenses 19, Total Expense 19, Net Ordinary Income Net Income Page 1 Report 7