Sacred Heart Carving

2011 Financial Report

Sacred Heart Parish, North Quincy

Statement of Income and Expenses for Fiscal Year End 6/30/11
Pastor's letter can be read here.

         
    2010 - 11 Variance to  2011 - 12
Church Revenue Actuals 6/30/11 Budget Budget Budget
Offertory 514,556 570,000 (55,444) 525,000
Grand Annual 108,703 125,000 (16,297) 125,000
Capital Improvements 43,230 50,000 (6,770) 50,000
Sacramental Offerings 37,071 40,000 (2,929) 40,000
Gifts, Bequests, Memorial Fund 66,580 15,000 51,580 15,000
Catholic Appeal Rebate 9,000 0 9,000 0
Parish School Tax 4,098 0 4,098 0
Flowers 7,111 7,000 111 7,000
Religious Education 15,610 16,500 (890) 15,500
Interest/Dividend Income 5,393 5,000 393 5,000
Liturgical Publications (Bulletin) 6,500 6,500 0 4,000
Other Donations/Income 54,843 45,000 9,843 45,000
Total Income 872,695 880,000 (7,305) 831,500
Church & Rectory Expenses        
Salaries & Employee Benefits 380,777 380,000 777 350,500
Religious Education Salaries & Expenses 33,470 54,000 (20,530) 44,255
Maintenance/Acquisition/Improvement  124,663 101,000 23,663 125,000
Property Insurance & Liability 38,222 25,000 13,222 38,500
Electric 10,845 13,000 (2,155) 13,000
Heat 20,012 24,000 (3,988) 24,000
Telephone 6,353 6,500 (147) 6,500
Water & Sewer 6,205 5,600 605 6,000
Household 16,520 17,000 (480) 17,000
Church Expenses 76,668 91,000 (14,332) 89,000
Liturgical 6,162 6,583 (421) 6,500
Loan Expense #1 (Energy Loan) 10,000 18,700 (8,700) 10,000
Loan Expense #2 (Heating System Loan) 8,625 37,745 (29,120) 8,625
Loan Expense #3 (Severance) 22,500 65,000 (42,500) 20,000
Loan Expense #4 (Parking Lot) 14,001 0 14,001 37,740
ARISE Renew Program/Why Catholic 2,532 3,000 (468) 1,100
Central Ministry Tithe 31,872 31,872 0 33,780
Total Expenses 809,427 880,000 (70,573) 831,500
  63,268 0 63,268 0
Disbursements:        
St. Vincent de Paul Collection 6,789      
Diocesan Collections 83,262      
Capital Acquisitions/Improvements        
Demolition of Convent/Construction of Parking Lot 213,578

 

 

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