• SAINT ANTHONY OF PADUA PARISH
  FY19-20 FINANCIAL REPORT
  	Fiscal Year 2019-2020		Fiscal Year 2018-2019
  CATEGORY	Actual	Budget	Actual	Budget
  ORDINARY INCOME
  CHURCH/FRIARY/PARISH CENTER/ GROUNDS
  Sundays/Holy Day Collections	654,800.92	703,300.00	691,552.29	753,300.00
  Archdiocesan/Other Mission Collections	19,318.48	27,230.00	23,373.81	24,230.00
  Miscellaneous Donations	10,018.98	13,800.00	14,609.67	13,800.00
  Chicken Dinner (no Chicken dinner held in 18-19 year)	36,670.59	30,000.00	1,600.00	25,000.00
  Interest/Rentals	17,550.65	17,100.00	17,483.10	20,400.00
  Miscellaneous/Other Income	1,808.50	3,800.00	15,138.58	3,800.00
  Youth Ministry Programs	33,540.78	22,200.00	14,074.78	8,200.00
  RE Programs/Sacramental Prep-Children and Adults	2,372.02	4,200.00	1,922.95	2,950.00
  CHURCH TOTAL INCOME	776,080.92	821,630.00	779,755.18	851,680.00
  SCHOOL
  Tuition/Fees - K-8	1,070,466.79	1,078,500.00	1,222,949.81	1,229,550.00
  Tuition/Fees - Preschool	72,837.91	95,925.00	104,274.51	91,510.00
  After School Care	21,782.85	35,000.00	29,711.29	35,000.00
  Exchange Income (fieldtrips, uniforms etc.)	50,426.71	26,300.00	26,367.98	26,300.00
  School Programs	9,588.91	5,050.00	8,039.84	3,550.00
  Grants/Annual Appeal/Donations	59,345.50	30,000.00	29,267.93	30,000.00
  Fundraisers	35,249.68	36,500.00	36,210.65	33,500.00
  Miscellaneous	15,495.67	15,900.00	15,882.89	15,900.00
  SCHOOL TOTAL INCOME	1,335,194.02	1,323,175.00	1,372,704.90	1,465,310.00
  TOTAL PARISH ORDINARY INCOME	2,111,274.94	2,144,805.00	2,152,460.08	2,316,990.00
  ORDINARY EXPENSES
  CHURCH/FRIARY/PARISH CENTER/
  GROUNDS
  Assessments:
  Archdiocesan	99,702.24	99,702.00	106,776.00	106,772.00
  Providence High School	90,024.00	90,024.00	106,713.96	106,714.00
  Deanery Youth Ministry	12,134.04	12,134.00	14,382.96	14,383.00
  Archdiocese/Deanery Fees/Support	1,044.58	4,986.00	1,398.96	3,188.00
  Criterion	8,384.04	8,850.00	8,682.24	8,850.00
  Archdiocesan/Other Mission Collections	19,318.48	27,230.00	23,373.81	24,230.00
  Salaries/Benefits	222,222.32	237,165.00	233,863.06	259,501.00
  Worship/Spiritual Outreach	26,631.83	24,500.00	25,275.34	26,000.00
  Chicken Dinner	15,383.44	15,000.00	796.38	20,000.00
  Other Programs/Organizations	1,258.00	3,200.00	2,861.42	3,200.00
  Office Supplies/Cleaning Supplies	16,519.26	20,500.00	13,504.12	21,300.00
  Utilities & Property Upkeep	93,972.77	102,792.00	98,275.19	90,390.00
  Miscellaneous	8,666.19	11,575.00	9,844.60	11,575.00
  Youth Ministry Programs	34,752.24	25,900.00	16,016.75	12,600.00
  RE Programs/Sacramental Prep-Children and Adults	2,838.47	9,250.00	4,829.03	7,750.00
  CHURCH TOTAL EXPENSES	652,851.90	692,808.00	666,593.82	716,453.00
  SCHOOL
  Salaries/Benefits	1,154,660.07	1,119,207.00	1,206,263.58	1,302,850.00
  Textbook/Classroom Materials	15,062.70	26,500.00	2,405.29	27,500.00
  Special Area Classrooms Supplies	28,938.09	28,700.00	30,239.83	26,200.00
  Memberships/Activities	11,405.32	15,000.00	15,719.04	15,000.00
  Office Supplies/Cleaning Supplies/Furnishings	29,693.47	38,400.00	22,997.99	33,000.00
  Utilities & Property Upkeep	137,204.56	146,970.00	136,556.93	118,567.00
  Exchange Expense (fieldtrips, etc.)	46,664.03	30,000.00	26,044.32	30,000.00
  Grants/Annual Appeal/Donations Expenditure	58,348.76	31,500.00	29,307.08	31,500.00
  Miscellaneous	11,774.90	15,720.00	12,457.50	15,920.00
  SCHOOL TOTAL EXPENSES	1,493,751.90	1,451,997.00	1,481,991.56	1,600,537.00
  TOTAL PARISH ORDINARY EXPENSES	2,146,603.80	2,144,805.00	2,148,585.38	2,316,990.00
  PARISH NET INCOME	-35,328.86	0.00	3,874.70	0.00
  before Parish Related    Organizations
  	Fiscal Year 2019-2020		Fiscal Year 2018-2019
  CATEGORY	Actual	Budget	Actual	Budget
  PARISH RELATED ORGANIZATIONS INCOME
  Extraordinary	7,239.86	0.00	0.00	0.00
  PTO/Athletics/Men's Club	87,135.30	98,300.00	121,324.25	91,800.00
  Cemetery	22,056.95	16,855.00	7,826.95	16,820.00
  School Cafeteria	93,097.20	124,000.00	131,261.78	137,000.00
  RELATED ORGANIZATIONS TOTAL INCOME	209,529.31	239,155.00	260,412.98	245,620.00
  PARISH RELATED ORGANIZATIONS EXPENSES
  Extraordinary  (painting crucifiuxes and bell tower)	37,239.86	0.00	90,068.85	0.00
  PTO/Athletics/Men's Club	124,931.98	98,300.00	119,658.28	91,800.00
  Cemetery	13,598.27	16,855.00	16,621.44	16,820.00
  School Cafeteria	131,970.71	124,000.00	129,279.98	137,000.00
  RELATED ORGANIZATIONS TOTAL EXPENSES	307,740.82	239,155.00	355,628.55	245,620.00
  ORGANIZATIONS NET INCOME	-98,211.51	0.00	-95,215.57	0.00
  GRAND TOTAL PARISH NET INCOME*	-133,540.37	0.00	-91,340.87	0.00
  *The net loss incurred this year can be attributed to the following. We paid $30,000 to repair and paint the bell tower and the crucifixes. In March COVID-19 hit. This caused a drop in revenue for the After School Care, Cafeteria and the Preschool totaling $74,000. We also had a drop in Sunday collections for two months in which we lost about $25,000.
  BALANCE SHEET		Fiscal Year 2019-2020		Fiscal Year 2018-2019
  ASSETS
  Church/School Operating Funds (checking and savings)		674,151.92		456,963.87
  Church/School Designated/Restricted/Deferred Funds		227,492.21		349,738.37
  (includes prepaid tuition/accrued payroll/capital reserves/special programs)
  PTO/Men's Club/Athletics Funds		33,849.26		69,518.57
  Cemetery Funds		36,800.12		28,341.44
  School Cafeteria Funds		2,562.32		41,435.83
  TOTAL ASSETS		974,855.83		945,998.08
  LIABILITIES
  Restricted Funds		42,358.11		56,008.61
  Deferred Revenue		92,821.78		197,947.58
  Other Liabilities		376,956.60		95,782.18
  TOTAL LIABILITIES		512,136.49		349,738.37
  EQUITY
  Prior Year Fund Balance		596,259.71		687,600.58
  Retained Earnings		-133,540.37		-91,340.87
  TOTAL EQUITY		462,719.34		596,259.71
  TOTAL LIABILITIES & EQUITY		974,855.83		945,998.08
  SCHEDULE OF ENDOWMENT FUNDS
  FUNDS	as of June 30, 2020		as of June 30, 2019
  Saint Anthony School (2 endowments)	153,905.78		155,657.15
  Saint Anthony Cemetery	345,967.36		337,693.51
  Saint Anthony Parish	340,563.83		339,606.97
  TOTAL ENDOWMENTS	840.436.97		832,957.63

  *These endowments are for the benefit of only the school.
  **This endowment is for the benefit of either the school or the church.