Short Term Operating Reserves 2, ,634.44

Transcription

1 7:57 PM The Diocese of the West 11/04/16 Consolidated Balance Sheet Oct 31, 16 Dec 31, 15 ASSETS Current Assets Checking/Savings Checking at Wells Fargo ***7933 Borrowed from PT Reyes Fund 15, Checking at Wells Fargo *** , , Total Checking at Wells Fargo *** , , Savings-Wells Fargo** % Council Set Aside Funds Internship Fund Set Aside 2, Legal Fund Set Aside , Liturgical Supplies Set Aside 2, , Matushki Activities Reserve 2, , Total Council Set Aside Funds 7, , Restricted Funds Diaconal Training Mission Dept Funds 50, , Pan Orthodox Clergy Fund 2, , Point Reyes Loan Fund 60, , Sarah Elisabet Scholarship Fund 3, , Total Restricted Funds 116, , Short Term Operating Reserves 2, , Total Savings-Wells Fargo** % 126, , Well Fargo - CDs R2 - Missions CD *** % 27, , R2 - Missions CD *** % 26, , Total Well Fargo - CDs 53, , Clearing , Pacific Continental Bank CDs Oper CD *** % 10/18/17 20, , Oper CD*** % 10/18/17 20, , SEO Fund *** % 9/24/17 40, , Total Pacific Continental Bank CDs 80, , East West Bank -Kaiser-R , Savings at Capital One 360 Business Savings APY.50% 4, , CD- **** % 05/13/ , CD- **** % 5/13/18 11, , 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 7:57 PM The Diocese of the West 11/04/16 Consolidated Balance Sheet Oct 31, 16 Dec 31, 15 CD ****0081 APY 1.8% 07/31/17 24, , Total Savings at Union Bank 24, , Total Checking/Savings 482, , Accounts Receivable Assessment Receivables Assembly Assessments Parish Monthly Assessments , Total Assessment Receivables , Loans from Pt Reyes Fund Monastery of St John 13, , Total Loans from Pt Reyes Fund 13, , Misc. Receivables 1, OCCIF Loan Tranche 1 (no int. 24 mo.) 200, Tranche 2 (3.5% for 24 mo.) 98, Total OCCIF Loan 298, Other Parish Receivables Portrait of American Saints Rec Stewardship Pledges 1, Total Accounts Receivable 317, , Other Current Assets 'Saints of America' Inventory Infinity Financial - R Cash US Gov Money Market 74, , Franklin Alternative Strategies Franklin Altern. Adj to Market -1, , Franklin Altern. Purchase Price 25, , Total Franklin Alternative Strategies 23, , Franklin Templeton Funds- FDYNX Franklin Temp. Adj. to Market Purchase Price 10, , Total Franklin Templeton Funds- F... 10, , Invesco Diversified FD - LCEVX Invesco Adj. to Market 4, , Invesco Div Purchase Price 25, , Total Invesco Diversified FD - LCE... 29, , IShares 1-3 yr ETF Bond - CSJ IShares Adj to Market IShares Purchase Price 21, , Page 2 Report 1

3 7:57 PM The Diocese of the West 11/04/16 Consolidated Balance Sheet Oct 31, 16 Dec 31, 15 Total IShares 1-3 yr ETF Bond - CSJ 21, , Lord Abbett Glob.FD Inc - LDMCX Lord Abbett Glob. Adj to Market -1, , Lord Abbett Global Purch. Price 9, , Total Lord Abbett Glob.FD Inc - LD... 8, , Lord Abbett Multi Asset-ISFCX Lord Abbett Adj to Market -2, , Lord Abbett Purchase Price 40, , Total Lord Abbett Multi Asset-ISFCX 37, , MFS Total Return Fund - MTRCX MFS Adj to Market -1, , MFS Purchase Price 55, , Total MFS Total Return Fund - MT... 53, , Oppenheimer Intnl Growth Fund Oppen Adjustment to Market 1, , Oppen Intl Fnd Purchase Price 10, , Total Oppenheimer Intnl Growth F... 11, , Oppenheimer Steel MLP - MLPRX Oppen Steelpath Adj to Market , Oppen Steelpath Purchase Price 7, , Total Oppenheimer Steel MLP - ML... 7, , Putnam Diversified Inc. - PDVCX Putnam Div Adjustment to Market -3, , Putnam Diver. Purchase Price 30, , Total Putnam Diversified Inc. - PDV... 26, , Putnam Funds Trust Abs - PTRGX Putnam Adjustment to Market -4, , Putnam Funds Purchase Price 50, , Total Putnam Funds Trust Abs - PT... 45, , Seagate HDD Cayman Adj to Market Purchase Price 14, Total Seagate HDD Cayman 14, UIT First Trust UIT Adj to Market -5, , UIT Purchase Price 47, , UIT First Trust - Other Total UIT First Trust 41, , Wells Fargo FDS TR -WARCX Page 3 Report 1

4 7:57 PM The Diocese of the West 11/04/16 Consolidated Balance Sheet Oct 31, 16 Dec 31, 15 Wells Fargo Abs Adj to Market -3, , Wells Fargo Abs Purchase Price 50, , Total Wells Fargo FDS TR -WARCX 46, , Wells Fargo ST/High - WFHYX WF Adjustment to Market -1, , Wells Fargo Purchase Price 100, , Total Wells Fargo ST/High - WFHYX 98, , Total Infinity Financial - R 550, , LCBA Missions Savings 4.5% - R LCBA Missions Savings 4.5% - R , , Total LCBA Missions Savings 4.5% - R 85, , Paypal , Undeposited Funds , Total Other Current Assets 635, , Total Current Assets 1,436, ,483, Fixed Assets Office Furniture and Equipment Accumulated Depreciation -11, , Cost 10, , Office Furniture and Equipment - Other Total Office Furniture and Equipment , Total Fixed Assets , Other Assets 720 Duboce House Investment 45, , GoldStar Trust - LV Bonds -R Accum. Int. and Returned Capit 19, Adjustment to Market 4, LV Bonds Outstanding (Cost Basi 118, , GoldStar Trust - LV Bonds -R - Other Total GoldStar Trust - LV Bonds -R 141, , Total Other Assets 187, , TOTAL ASSETS 1,623, ,682, LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable Accounts Payable Accounts Payable - Other Total Accounts Payable Page 4 Report 1

5 7:57 PM The Diocese of the West 11/04/16 Consolidated Balance Sheet Oct 31, 16 Dec 31, 15 Total Accounts Payable Credit Cards Chase Credit Card 7, , Total Credit Cards 7, , Other Current Liabilities Direct Deposit Liabilities -6, , Pass Through Liabilities Deacons Workshop Total Pass Through Liabilities Payroll Liabilities Federal Withholding , Medicare Company Employee Total Medicare OCAPEN Company , Employee Admin. Asst. Contribution Archbishop's Contribution Chancellor Contribution Miss. Director Contribution Total Employee , Total OCAPEN , Social Security Company Employee Total Social Security State SUI OR State Withholding CA Total Payroll Liabilities 2, , Total Other Current Liabilities -3, , Total Current Liabilities 4, , Total Liabilities 4, , Equity Infinity Unreal. Gains/Losses Franklin Alternative -1, , Franklin Templeton Invesco Div Unreal. Gain/Loss 4, , IShares 1-3 yr Gain/Loss Page 5 Report 1

6 7:57 PM The Diocese of the West 11/04/16 Consolidated Balance Sheet Oct 31, 16 Dec 31, 15 Lord Abbett DivUnreal Gain/Loss -2, , Lord Abbett Glob Gains/Losses -1, , MFS Unrealized Gains/Losses -1, , Oppen Steel. Unreal. Gains/Loss , Oppen. Unrealized Gains/Losses 1, , Putnam Div. Unreal Gains/Losses -3, , Putnam Fds Unreal. Gains/Losses -4, , Seagate UIT Unreal Gains/Loss -5, , W F ST Unrealized Gains/Losses , Wells Fargo Abs Gain/Loss -4, , Total Infinity Unreal. Gains/Losses -20, , LV Bonds Unreal. Gains/Losses 4, Opening Bal Equity 313, , Retained Operating Earnings 1,393, ,399, Net Income -70, , Total Equity 1,619, ,673, TOTAL LIABILITIES & EQUITY 1,623, ,682, Page 6 Report 1

7 7:52 PM The Diocese of the West 11/04/16 Unrestricted Funds Profit & Loss Budget vs. Actual Accrual Basis January through December 2016 Jan - Dec 16 Budget % of Budget Ordinary Income/Expense Income Lights-on Income Assembly Income 12, Assessments 570, , % 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 , % OCCIF Loan Interest Tranche 2 Interest 1, Total OCCIF Loan Interest 1, Total Operating Investment Income 2, , % Total Lights-on Income 585, , % Outreach (Stewards of the West) General Stewardship Donations 12, Pledges 4, Outreach (Stewards of the West) , % Total Outreach (Stewards of the West) 17, , % Total Income 602, , % Cost of Goods Sold Cost Books Sold Total COGS Gross Profit 602, , % Expense Lights-on Expenses 01_Payroll Expenses Direct Deposit Fees % Employee Benefits Admin Asst Benefits Admin. Assistant Pension % Total Admin Asst Benefits % Benefits for other Employees Chancellor Pension % Health Insurance (Fr Barna... 9, , % Total Benefits for other Emplo... 9, , % Page 1 Report 2

8 7:52 PM The Diocese of the West 11/04/16 Unrestricted Funds Profit & Loss Budget vs. Actual Accrual Basis January through December 2016 Jan - Dec 16 Budget % of Budget Diocesan Hierarch Benefits Diocesan Hierarch OCA Pe... 4, , % Health Insurance 10, , % LCBA Life Insurance % Total Diocesan Hierarch Bene... 16, , % Total Employee Benefits 26, , % Gross Wages Asst. Treasurer Salary 3, , % Diocesan Hierarch Salary 60, , % Housing - Admin Asst 8, , % Housing - Chancellor 6, , % Housing -Diocesan Hierarch 2, , % Treasurer Salary 18, , % Total Gross Wages 99, , % Payroll Taxes Medicare Taxes % OR State Unemployment OR Transit Taxes 0.00 OR WBF 5.61 Social Security Tax , % Total Payroll Taxes , % Stipends Bishop's Stipend 7, , % Deans' Stipends 21, , % Total Stipends 29, , % Workers' Compensation , % 01_Payroll Expenses - Other 0.00 Total 01_Payroll Expenses 156, , % 02_Professional Fees CPA Fees (Rolled over) , % Legal Fees (Rolled over) 10, , % Notary Public % Total 02_Professional Fees 10, , % 03_Office Expenses Background Checks , % Bank Charges Deposit Slips 3.00 Excess Deposit Fees % QuickBooks Online Banking % Returned Checks % Stop Payment Fee % Voided Check 0.00 Wire Fees Page 2 Report 2

9 7:52 PM The Diocese of the West 11/04/16 Unrestricted Funds Profit & Loss Budget vs. Actual Accrual Basis January through December 2016 Jan - Dec 16 Budget % of Budget Total Bank Charges , % Books & Publications Church and Clergy Tax Guide % Church Law & Tax Newsletters % ChurchLawandTax.com Total Books & Publications % CA Non-Profit Filing Fee % Fort Ross Registration , % Office Supplies & Expenses Desk Supplies % Office Services , % Printer Ink and Toner , % Printer Paper/Stationery % QuickBooks Hosting 1, , % Software, HW & SW support 1, % Treasurer iphone /data % Total Office Supplies & Expenses 4, , % Postage , % Telephone/Fax Diocesan Hierarch Cell Phone 1, , % Office Phone_Internet Access 1, , % Total Telephone/Fax 2, , % Total 03_Office Expenses 8, , % 04_Travel Bishop Travel 3, , % Chancellor's Advisory Committee 2, , % Chancellor's Travel 1, , % Council Meeting Travel 14, , % Deans' Meeting Travel 2, , % Diocesan Hierarch Travel 29, , % Metropolitan Council 1, , % Seminary Visit 2, , % Travel for Auditing Function 1, , % Travel for Diocesan Business 1, , % Visiting Clergy Travel , % Total 04_Travel 60, , % 05_Facilities and Equipment Office Equipment 1, , % Property & Liability Insurance 3, , % Total 05_Facilities and Equipment 4, , % 06_Clergy and Parish Resources Clergy Pre-Assignment Assesmt 1, , % Deanery Activities Pacific C Deanery Page 3 Report 2

10 7:52 PM The Diocese of the West 11/04/16 Unrestricted Funds Profit & Loss Budget vs. Actual Accrual Basis January through December 2016 Jan - Dec 16 Budget % of Budget Pacific NW Deanery 1, Rocky Mountain Deanery 1, Deanery Activities - Other , % Total Deanery Activities 3, , % Liturgical Suppl. (Rolled over) % OCA Clergy Assistance Prgm , % Vocations (SubD & D Train) , % Total 06_Clergy and Parish Resou... 4, , % 07_Department of Communications 'American Saints' Publication Total 07_Department of Communi _Diocesan Assembly Council Meeting Dinner Food 1, Postage, Copying, mailing Projection System Report Book Printing Transportation Total 08_Diocesan Assembly 3, _OCA Expenses Fair Share Paid to OCA 186, , % Total 09_OCA Expenses 186, , % Assessments Expensed Depreciation Expense 2, Pan Orthodox Activities % Unbudgeted Expenses Misc. Expenses 1, Total Unbudgeted Expenses 1, Total Lights-on Expenses 439, , % Outreach Expenses Department of Charities Discretionary Fund 1, , % Gobezie Goshu Home in Ethiopia , % Project Mexico , % Raphael House (Portland) 1, , % St Petersburg Hospice % Total Department of Charities 2, , % Department of Missions Mission Board Meeting Expenses 1, , % Mission Dir Housing Allowance 20, , % Mission Dir Travel 8, , % Mission Priest Support Page 4 Report 2

11 7:52 PM The Diocese of the West 11/04/16 Unrestricted Funds Profit & Loss Budget vs. Actual Accrual Basis January through December 2016 Jan - Dec 16 Budget % of Budget Misc. Expenses Mission Deanery Retreat 5, Stipends - Housing Allowances 12, Stipends - not Housing Allow 13, Mission Priest Support - Other , % Total Mission Priest Support 30, , % Mission Support Grant to Parish 14, Parish Items Storage Stipends to Parish 5, Total Mission Support 20, Moving Expenses 8, , % OCA Pension - Mission Dir 1, , % Supplement to Director's Parish 2, , % Supply Priest Travel 3, , % Total Department of Missions 96, , % Department of Stewardship Appeal Preparation and Mailing 1, , % Online Donation Fees % Postage for Appeals 1, , % Total Department of Stewardship 2, , % Intern Program (Rolled over) 5, , % Music Dept , % Seminarian Financial Aid 7, , % Youth Department Discretionary , % Mission Deanery 1, , % Pacific Central Deanery 1, , % Pacific Northwest Deanery , % Pacific Southwest Deanery 1, , % Rocky Mountain Deanery 1, , % Total Youth Department 5, , % Total Outreach Expenses 118, , % Total Expense 557, , % Net Ordinary Income 45, ,231.9% Other Income/Expense Other Expense Extraordinary Expense 140, Total Other Expense 140, Net Other Income -140, Page 5 Report 2

12 7:52 PM The Diocese of the West 11/04/16 Unrestricted Funds Profit & Loss Budget vs. Actual Accrual Basis January through December 2016 Jan - Dec 16 Budget % of Budget Net Income -94, ,469.0% Page 6 Report 2

13 3:48 PM The Diocese of the West 11/06/16 Point Reyes Fund Extracted Balance Sheet Oct 31, 16 Dec 31, 15 ASSETS Current Assets Checking/Savings Checking at Wells Fargo *** , Savings-Wells Fargo** , , Total Checking/Savings 76, , Accounts Receivable Loans from Pt Reyes Fund 13, , Total Accounts Receivable 13, , Other Current Assets Infinity Financial - R 550, , Total Other Current Assets 550, , Total Current Assets 640, , Other Assets 720 Duboce House Investment 45, , GoldStar Trust - LV Bonds -R 141, , Total Other Assets 187, , TOTAL ASSETS 828, , LIABILITIES & EQUITY Equity Infinity Unreal. Gains/Losses -20, , LV Bonds Unreal. Gains/Losses 4, Total Equity -16, , TOTAL LIABILITIES & EQUITY -16, , Page 1 Report 3

14 3:46 PM The Diocese of the West 11/06/16 Point Reyes Fund Profit & Loss Accrual Basis January through October 2016 Jan - Oct 16 Ordinary Income/Expense Income Restricted Income PT Reyes Fund Income Bank Savings Interest Investment Interest & Dividends 7, Total PT Reyes Fund Income 7, Total Restricted Income 7, Total Income 7, Gross Profit 7, Expense Restricted Expenses BD - Point Reyes Sale Funds Bank Charges and CD Penalties Reconciliation Discrepancies Total Bank Charges and CD Pen Investments Fees and Expenses Total BD - Point Reyes Sale Funds Total Restricted Expenses Total Expense Net Ordinary Income 7, Net Income 7, Page 1 Report 4

15 3:44 PM The Diocese of the West 11/06/16 Mission Funds Extracted Balance Sheet Oct 31, 16 Dec 31, 15 ASSETS Current Assets Checking/Savings Savings-Wells Fargo** % Restricted Funds Mission Dept Funds 50, , Total Restricted Funds 50, , Total Savings-Wells Fargo** , , Well Fargo - CDs R2 - Missions CD *** % 27, , R2 - Missions CD *** % 26, , Total Well Fargo - CDs 53, , Savings at Capital One 360 R2 CD- **** % 08/07/17 13, , Total Savings at Capital One , , Total Checking/Savings 117, , Other Current Assets LCBA Missions Savings 4.5% - R 85, , Total Other Current Assets 85, , Total Current Assets 203, , TOTAL ASSETS 203, , LIABILITIES & EQUITY Page 1 Report 5

16 3:41 PM The Diocese of the West 11/06/16 Mission Restricted Funds Year to Date Profit & Loss Accrual Basis January through October 2016 Jan - Oct 16 Ordinary Income/Expense Income Restricted Income Mission Board Income Donations for Missions 31, LCBA Annuity Interest 3, CD and Savings Interest Total Mission Board Income 35, Total Restricted Income 35, Total Income 35, Gross Profit 35, Expense Restricted Expenses Mission Board Expenses Deanery Retreat Expenses 1, Total Mission Board Expenses 1, Total Restricted Expenses 1, Total Expense 1, Net Ordinary Income 34, Net Income 34, Page 1 Report 6

17 3:51 PM The Diocese of the West 11/06/16 Scholarship Fund Balance Sheet Oct 31, 16 ASSETS Current Assets Checking/Savings Savings-Wells Fargo** % Restricted Funds Sarah Elisabet Scholarship Fund 3, Total Restricted Funds 3, Total Savings-Wells Fargo** % 3, Pacific Continental Bank CDs SEO Fund *** % 9/24/17 40, Total Pacific Continental Bank CDs 40, Total Checking/Savings 43, Total Current Assets 43, TOTAL ASSETS 43, LIABILITIES & EQUITY 0.00 Page 1

18 4:37 PM The Diocese of the West 11/06/16 Other Restricted Funds Balance Sheet Oct 31, 16 ASSETS Current Assets Checking/Savings Savings-Wells Fargo** % Restricted Funds Diaconal Training Pan Orthodox Clergy Fund 2, Total Restricted Funds 2, Total Savings-Wells Fargo** % 2, East West Bank -Kaiser-R Total Checking/Savings 2, Total Current Assets 2, TOTAL ASSETS 2, LIABILITIES & EQUITY 0.00 Page 1

19 3:40 PM The Diocese of the West 11/06/16 Activity of other Restricted Funds Accrual Basis January through October 2016 Jan - Oct 16 Ordinary Income/Expense Income Restricted Income Direct Charity Donations Gobezie Goshu Home St Ptb Children's Hospice 9, Budget Total Direct Charity Donations 9, Kaiser PCD Income East West Bank Interest 5.73 Premium payments 109, Total Kaiser PCD Income 109, Pass Through Income Pan Orthodox Clergy Fund I Total Pass Through Income 1.09 Scholarships Total Restricted Income 119, Total Income 119, Gross Profit 119, Expense Restricted Expenses Designated Direct Charities Children's Hospice 9, Gobezie Goshu Home Total Designated Direct Charities 9, Kaiser Ins Expenses EW Bank Charges Payments to Kaiser from PCD 122, Total Kaiser Ins Expenses 122, Mission Board Expenses Mission Loans 0.00 Total Mission Board Expenses 0.00 Total Restricted Expenses 131, Total Expense 131, Net Ordinary Income -12, Net Income -12, Page 1 Report 7