| SAINT ANTHONY OF PADUA PARISH |
| FY15-16 FINANCIAL REPORT |
| |
Fiscal Year 2015-2016 |
Fiscal Year 2014-2015 |
| CATEGORY |
Actual |
Budget |
Actual |
Budget |
| |
|
|
|
|
| ORDINARY INCOME |
|
|
|
|
| CHURCH/FRIARY/PARISH CENTER/ GROUNDS |
|
|
|
|
| Sundays/Holy Day Collections |
753,542.45 |
760,400.00 |
755,842.18 |
765,450.00 |
| Archdiocesan/Other Mission Collections |
25,630.72 |
20,230.00 |
31,054.58 |
19,230.00 |
| Miscellaneous Donations |
18,504.50 |
13,250.00 |
17,542.39 |
20,050.00 |
Parish Picnic
(FY15-16 reflects income from two picnics) |
87,397.52 |
25,000.00 |
47,275.66 |
45,000.00 |
| Interest/Rentals |
21,869.64 |
18,700.00 |
20,859.55 |
13,400.00 |
| Miscellaneous/Other Income |
6,444.29 |
3,750.00 |
6,809.32 |
3,250.00 |
| Youth Ministry Programs |
22,205.10 |
21,700.00 |
7,065.85 |
11,775.00 |
| RE Programs/Sacramental Prep-Children and Adults |
3,946.90 |
4,300.00 |
6,627.35 |
3,750.00 |
| CHURCH TOTAL INCOME |
939,541.12 |
867,330.00 |
893,076.88 |
881,905.00 |
| |
|
|
|
|
| SCHOOL |
|
|
|
|
| Tuition/Fees - K-8 |
1,242,165.13 |
1,180,000.00 |
1,171,235.56 |
1,120,000.00 |
| Tuition/Fees - Preschool |
85,687.42 |
100,000.00 |
100,969.57 |
125,610.00 |
| Grants/Annual Appeal/Donations |
37,601.41 |
31,000.00 |
77,607.47 |
32,000.00 |
| Fundraisers |
30,403.49 |
23,500.00 |
28,491.92 |
25,000.00 |
Exchange Income
(fieldtrips, uniforms etc.) |
23,947.11 |
27,000.00 |
19,107.05 |
25,050.00 |
| After School Care |
44,801.70 |
42,000.00 |
46,077.17 |
35,000.00 |
| School Programs |
4,742.41 |
3,000.00 |
6,669.23 |
1,500.00 |
| Miscellaneous |
14,660.45 |
15,000.00 |
18,196.91 |
17,500.00 |
| SCHOOL TOTAL INCOME |
1,484,009.12 |
1,421,500.00 |
1,468,354.88 |
1,381,660.00 |
| |
|
|
|
|
| TOTAL PARISH ORDINARY INCOME |
2,423,550.24 |
2,288,830.00 |
2,361,431.76 |
2,263,565.00 |
| |
|
|
|
|
| ORDINARY EXPENSES |
|
|
|
|
| CHURCH/FRIARY/PARISH CENTER/ GROUNDS |
|
|
|
|
| Assessments: |
|
|
|
|
| Archdiocesan |
109,591.08 |
111,620.00 |
110,793.63 |
110,920.00 |
| Providence High School |
78,464.04 |
78,464.00 |
71,328.00 |
71,331.00 |
| Aquinas/Deanery Religious Education |
10,575.00 |
10,234.00 |
9,614.04 |
9,304.00 |
| Deanery Youth Ministry |
10,233.96 |
10,575.00 |
9,303.96 |
9,614.00 |
| Archdiocese/Deanery Fees/Support |
893.00 |
1,317.00 |
378.96 |
379.00 |
| Criterion |
9,738.28 |
9,400.00 |
9,951.72 |
9,800.00 |
| Archdiocesan/Other Mission Collections |
25,630.72 |
20,230.00 |
31,054.58 |
19,230.00 |
| Salaries/Benefits |
237,069.08 |
268,695.00 |
247,051.70 |
263,708.00 |
| Worship/Spiritual Outreach |
25,172.13 |
24,500.00 |
22,320.54 |
29,500.00 |
| Parish Picnic |
24,124.31 |
0.00 |
0.00 |
0.00 |
| Other Programs/Organizations |
3,513.88 |
12,100.00 |
10,053.06 |
18,775.00 |
| Office Supplies/Cleaning Supplies |
19,429.83 |
14,900.00 |
13,420.30 |
15,300.00 |
| Utilities & Property Upkeep |
93,212.69 |
108,600.00 |
132,265.71 |
125,450.00 |
| Miscellaneous |
10,240.65 |
9,420.00 |
6,615.47 |
6,400.00 |
| Youth Ministry Programs |
23,671.45 |
26,650.00 |
11,169.98 |
16,635.00 |
| RE Programs/Sacramental Prep-Children and Adults |
9,887.25 |
10,300.00 |
12,137.83 |
9,350.00 |
| CHURCH TOTAL EXPENSES |
691,447.35 |
717,005.00 |
697,459.48 |
715,696.00 |
| |
|
|
|
|
| SCHOOL |
|
|
|
|
| Salaries/Benefits |
1,197,597.01 |
1,284,655.00 |
1,216,219.94 |
1,285,997.00 |
| Textbook/Classroom Materials |
45,537.43 |
27,000.00 |
18,739.51 |
30,000.00 |
| Special Area Classrooms Supplies |
19,589.85 |
20,400.00 |
17,155.97 |
9,592.00 |
| Memberships/Activities/Furnishings |
8,853.94 |
11,000.00 |
13,867.51 |
8,000.00 |
| Office Supplies/Cleaning Supplies/Furnishings |
32,692.43 |
33,200.00 |
37,569.33 |
32,200.00 |
| Utilities & Property Upkeep |
131,365.88 |
124,700.00 |
118,893.53 |
109,460.00 |
Exchange Expense
(fieldtrips, etc.) |
22,728.96 |
28,000.00 |
20,962.34 |
27,000.00 |
| Grants/Annual Appeal/Donations Expenditure |
46,031.72 |
32,500.00 |
71,303.05 |
32,000.00 |
| Miscellaneous |
15,393.46 |
5,620.00 |
2,408.30 |
5,620.00 |
| SCHOOL TOTAL EXPENSES |
1,519,790.68 |
1,567,075.00 |
1,517,119.48 |
1,539,869.00 |
| |
|
|
|
|
| TOTAL PARISH ORDINARY EXPENSES |
2,211,238.03 |
2,284,080.00 |
2,214,578.96 |
2,255,565.00 |
| |
|
|
|
|
| PARISH NET INCOME |
212,312.21 |
4,750.00 |
146,852.80 |
8,000.00 |
before Parish Related
Organizations |
|
|
|
|
| |
|
|
|
|
| |
Fiscal Year 2015-2016 |
Fiscal Year 2014-2015 |
| CATEGORY |
Actual |
Budget |
Actual |
Budget |
| |
|
|
|
|
| PARISH RELATED ORGANIZATIONS INCOME |
|
|
|
|
| Captial Improvement |
0.00 |
6,800.00 |
0.00 |
0.00 |
| PTO/Athletics/Men's Club |
114,041.91 |
107,200.00 |
130,287.98 |
71,500.00 |
| Cemetery |
19,626.94 |
17,620.00 |
18,491.36 |
17,620.00 |
| School Cafeteria |
139,043.47 |
118,000.00 |
133,985.99 |
114,000.00 |
| RELATED ORGANIZATIONS TOTAL INCOME |
272,712.32 |
249,620.00 |
282,765.33 |
203,120.00 |
| |
|
|
|
|
| PARISH RELATED ORGANIZATIONS EXPENSES |
|
|
|
|
| Captial Improvement |
70,312.16 |
6,800.00 |
0.00 |
0.00 |
| PTO/Athletics/Men's Club |
106,935.22 |
107,200.00 |
101,817.65 |
71,500.00 |
| Cemetery |
18,684.25 |
17,620.00 |
12,568.09 |
17,620.00 |
| School Cafeteria |
136,591.82 |
118,000.00 |
121,761.56 |
114,000.00 |
| RELATED ORGANIZATIONS TOTAL EXPENSES |
332,523.45 |
249,620.00 |
236,147.30 |
203,120.00 |
| |
|
|
|
|
| ORGANIZATIONS NET INCOME |
-59,811.13 |
0.00 |
46,618.03 |
0.00 |
| |
|
|
|
|
| GRAND TOTAL |
|
|
|
|
| PARISH NET INCOME |
152,501.08 |
4,750.00 |
193,470.83 |
8,000.00 |
| |
|
|
|
|
| BALANCE SHEET |
Fiscal Year 2016-2016 |
|
Fiscal Year 2014-2015 |
| ASSETS |
|
|
|
|
Church/School Operating Funds
(checking and savings) |
|
616,394.04 |
|
354,259.33 |
| Church/School Designated/Restricted/Deferred Funds |
|
217,554.30 |
|
296,787.45 |
| (includes prepaid tuition/accrued payroll/capital reserves/special programs) |
|
|
| PTO/Men's Club/Athletics Funds |
|
66,128.22 |
|
59,021.53 |
| Cemetery Funds |
|
19,006.20 |
|
18,063.49 |
| School Cafeteria Funds |
|
48,870.57 |
|
46,818.92 |
| TOTAL ASSETS |
|
967,953.33 |
|
774,950.72 |
| |
|
|
|
|
| LIABILITIES |
|
|
|
|
| Restricted Funds |
|
24,961.12 |
|
24,469.28 |
| Deferred Revenue |
|
192,593.18 |
|
138,751.90 |
| Other Liabilities |
|
120,134.66 |
|
133,566.28 |
| TOTAL LIABILITIES |
|
337,688.96 |
|
296,787.46 |
| |
|
|
|
|
| EQUITY |
|
|
|
|
| Prior Year Fund Balance |
|
477,763.29 |
|
284,292.46 |
| Retained Earnings |
|
152,501.08 |
|
193,470.83 |
| TOTAL EQUITY |
|
630,264.37 |
|
477,763.29 |
| |
|
|
|
|
| TOTAL LIABILITIES & EQUITY |
|
967,953.33 |
|
774,550.75 |
| |
|
|
|
|
| |
|
|
|
|
| SCHEDULE OF ENDOWMENT FUNDS |
|
|
|
|
| FUNDS |
as of June 30, 2016 |
|
as of June 30, 2015 |
|
| Saint Anthony School |
62,721.90 |
|
63,910.96 |
|
| Saint Anthony Cemetery |
193,996.98 |
|
208,044.86 |
|
| Saint Anthony Parish |
13,650.87 |
|
5,020.58 |
|
| TOTAL ENDOWMENTS |
270,369.75 |
|
276,976.40 |
|
