• SAINT ANTHONY OF PADUA PARISH
  FY18-19 FINANCIAL REPORT
  	Fiscal Year 2018-2019		Fiscal Year 2017-2018
  CATEGORY	Actual	Budget	Actual	Budget
  ORDINARY INCOME
  CHURCH/FRIARY/PARISH CENTER/ GROUNDS
  Sundays/Holy Day Collections	691,552.29	753,300.00	707,160.09	750,300.00
  Archdiocesan/Other Mission Collections	23,373.81	24,230.00	30,893.26	24,230.00
  Miscellaneous Donations	14,609.67	13,800.00	13,611.56	14,300.00
  Chicken Dinner (no Chicken dinner held in 18-19 year)	1,600.00	25,000.00	34,088.56	40,000.00
  Interest/Rentals	17,483.10	20,400.00	23,403.77	21,400.00
  Miscellaneous/Other Income	15,138.58	3,800.00	3,944.45	4,200.00
  Youth Ministry Programs	14,074.78	8,200.00	21,421.90	8,200.00
  RE Programs/Sacramental Prep-Children and Adults	1,922.95	2,950.00	3,575.64	4,200.00
  CHURCH TOTAL INCOME	779,755.18	851,680.00	838,099.23	866,830.00
  SCHOOL
  Tuition/Fees - K-8	1,122,949.81	1,229,550.00	1,219,167.12	1,231,060.00
  Tuition/Fees - Preschool	104,274.51	91,510.00	82,424.95	84,710.00
  After School Care	29,711.29	35,000.00	38,348.29	35,000.00
  Exchange Income (fieldtrips, uniforms etc.)	26,367.98	26,300.00	67,954.79	46,300.00
  School Programs	8,039.84	3,550.00	9,340.77	3,550.00
  Grants/Annual Appeal/Donations	29,267.93	30,000.00	18,968.23	30,000.00
  Fundraisers	36,210.65	33,500.00	37,511.86	33,500.00
  Miscellaneous	15,882.89	15,900.00	17,218.63	15,000.00
  SCHOOL TOTAL INCOME	1,372,704.90	1,465,310.00	1,490,934.64	1,479,120.00
  TOTAL PARISH ORDINARY INCOME	2,152,460.08	2,316,990.00	2,329,033.87	2,345,950.00
  ORDINARY EXPENSES
  CHURCH/FRIARY/PARISH CENTER/ GROUNDS
  Assessments:
  Archdiocesan	106,776.00	106,772.00	106,860.00	106,860.00
  Providence High School	106,713.96	106,714.00	94,941.00	94,941.00
  Aquinas/Deanery Religious Education	0.00	0.00	12,795.96	12,796.00
  Deanery Youth Ministry	14,382.96	14,383.00	12,383.04	12,383.00
  Archdiocese/Deanery Fees/Support	1,398.96	3,188.00	1,166.00	1,992.00
  Criterion	8,682.24	8,850.00	8,841.84	8,842.00
  Archdiocesan/Other Mission Collections	23,373.81	24,230.00	30,893.26	24,230.00
  Salaries/Benefits	233,863,06	259,501.00	247,091.91	255,691.00
  Worship/Spiritual Outreach	25,275.34	26,000.00	21,236.54	25,500.00
  Chicken Dinner	796.38	20,000.00	14,915.53	25,000.00
  Other Programs/Organizations	2,861.42	3,200.00	2,119.05	4,100.00
  Office Supplies/Cleaning Supplies	13,504.12	21,300.00	16,040.55	21,300.00
  Utilities & Property Upkeep	98,275.19	90,390.00	88,041.42	103,800.00
  Miscellaneous	9,844.60	11,575.00	11,997.94	13,400.00
  Youth Ministry Programs	16,016.75	12,600.00	21,070.35	12,470.00
  RE Programs/Sacramental Prep-Children and Adults	4,829.03	7,750.00	9,033.90	8,650.00
  CHURCH TOTAL EXPENSES	666,593.82	716,453.00	699,428.29	731,955.00
  SCHOOL
  Salaries/Benefits	1,206,263.58	1,302,850.00	1,298,221.09	1,319,187.75
  Textbook/Classroom Materials	2,405.29	27,500.00	4,992.50	27,500.00
  Special Area Classrooms Supplies	30,239.83	26,200.00	21,875.82	26,700.00
  Memberships/Activities	15,719.04	15,000.00	16,106.69	13,000.00
  Office Supplies/Cleaning Supplies/Furnishings	22,997.99	33,000.00	23,531.70	33,000.00
  Utilities & Property Upkeep	136,556.93	118,567.00	91,029.28	97,187.25
  Exchange Expense (fieldtrips, etc.)	26,044.32	30,000.00	67,084.03	50,000.00
  Grants/Annual Appeal/Donations Expenditure	29,307.08	31,500.00	19,159.48	31,500.00
  Miscellaneous	12,457.50	15,920.00	11,742.90	15,920.00
  SCHOOL TOTAL EXPENSES	1,481,991.56	1,600,537.00	1,553,743.49	1,613,995.00
  TOTAL PARISH ORDINARY EXPENSES	2,148,585.38	2,316,990.00	2,253,171.78	2,345,950.00
  PARISH NET INCOME	3,874.70	0.00	75,862.09	0.00
  before Parish Related    Organizations
  	Fiscal Year 2018-2019		Fiscal Year 2017-2018
  CATEGORY	Actual	Budget	Actual	Budget
  PARISH RELATED ORGANIZATIONS INCOME
  Extraordinary	0.00	0.00	10,225.00	0.00
  PTO/Athletics/Men's Club	121,324.25	91,800.00	113,863.03	91,800.00
  Cemetery	7,826.95	16,820.00	2,247.70	16,820.00
  School Cafeteria	131,261.78	137,000.00	138,790.70	137,000.00
  RELATED ORGANIZATIONS TOTAL INCOME	260,412.98	245,620.00	265,126.43	245,620.00
  PARISH RELATED ORGANIZATIONS EXPENSES
  Extraordinary (HVAC for Church, Doors for School, Paving Parking Lot	90,068.85	0.00	229,246.38	0.00
  PTO/Athletics/Men's Club	119,658.28	91,800.00	111,450.50	91,800.00
  Cemetery	16,621.44	16,820.00	13,659.77	16,820.00
  School Cafeteria	129,279.98	137,000.00	131,884.33	137,000.00
  RELATED ORGANIZATIONS TOTAL EXPENSES	355,628.55	245,620.00	486,240.98	245,620.00
  ORGANIZATIONS NET INCOME	-95,215.57	0.00	-221,114.55	0.00
  GRAND TOTAL PARISH NET INCOME*	-91,340.87	0.00	-145,252.46	0.00
  *The net loss incurred over the past two years totals $236,593.33 and was fully anticipated because of the HVAC replacement work done in the church spanned two fiscal years at a total cost of $289,539. Most of the money was drawn from our savings account. We knew this project was coming and saved for several years thereby avoiding a capital campaign.
  BALANCE SHEET		Fiscal Year 2018-2019		Fiscal Year 2017-2018
  ASSETS
  Church/School Operating Funds (checking and savings)		456,963.87		543,158.02
  Church/School Designated/Restricted/Deferred Funds		349,738.37		453,946.12
  (includes prepaid tuition/accrued payroll/capital reserves/special programs)
  PTO/Men's Club/Athletics Funds		69,518.57		67,852.60
  Cemetery Funds		28,341.44		37,135.93
  School Cafeteria Funds		41,435.83		39,454.03
  TOTAL ASSETS		945,998.08		1,141,546.70
  LIABILITIES
  Restricted Funds		56,008.61		57,717.27
  Deferred Revenue		197,947.58		213,066.45
  Other Liabilities		95,782.18		183,162.40
  TOTAL LIABILITIES		349,738.37		453,946.12
  EQUITY
  Prior Year Fund Balance		687,600.58		832,853.04
  Retained Earnings		-91,340.87		-145,252.46
  TOTAL EQUITY		596,259.71		687,600.58
  TOTAL LIABILITIES & EQUITY		945,998.08		1,141,546.70
  SCHEDULE OF ENDOWMENT FUNDS
  FUNDS	as of June 30, 2019		as of June 30, 2018
  Saint Anthony School (2 endowments)	155,657.15		149,478.93
  Saint Anthony Cemetery	339,606.97		326,125.39
  Saint Anthony Parish	337,693.51		312,770.13
  TOTAL ENDOWMENTS	832,957.63		788,374.45