Annual Report
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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
OrganizationsFiscal 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