PARISH FINANCIAL REPORT

Parish:     St. Joseph                                                                      

(revised 2006)

City:         Beatrice, NE                                                                        

PROFIT AND LOSS STATEMENT

FISCAL YEAR ENDED:                June 30, 2009                                      

ORDINARY INCOME

ORDINARY EXPENSES

Sunday & holy day collections

Pay and benefits - church

Adult envelopes

345,471.91

Childrens' offerings

915.37

Gross salaries & wages

42,013.67

Loose plate

10,216.80

1099 earnings

Total Sunday & holy day collections

356,604.08

Diocesan Lay Retirement

Health insurance - clergy

Other free will offerings

Health insurance - lay & religious

Stole fees

2,081.00

Payroll taxes - employer's portion & work comp

Charity & Stewardship Appeal

21,600.60

Total pay and benefits

42,013.67

Donations & bequests

15,863.69

Endowment donations

Educational expenses

Other:

Adult-education programs

1,636.37

Total other free will offerings

39,545.29

CCD expenses

198.04

Mission parish support

Special collections

Non-parish tuition payments

Building fund

7,820.50

Transfer to central high school

Other:

School Env.; 1st Offering; Summer School; Other

3,823.50

Transfer to K-12 school

Total special collections

11,644.00

Transfer to pre-school

Transfer to parish school

179,824.74

Distributions - endowments & trusts

Total educational expenses

181,659.15

Catholic Foundation distributions

551.60

DI&L endowment interest

Diocesan assessments

Endowment & trust income (specify)

Three-in-one assessment

2,589.20

Diocesan administration

14,097.43

Total distributions - endowments & trusts

551.60

Catholic School Support

St. John Vianney Retirement (net)

4,096.70

Parish activities receipts

Southern Nebraska Register (net)

4,052.23

Bazaars (net of expenses)

12,852.75

CSA shortfall

Bingo (net of expenses)

Planned Giving (City of Lincoln)

Parish fundraising (net of expenses)

Total diocesan assessments

24,835.56

Parish organizations (net of expenses)

17,032.69

Other parish activities (net of expenses)

Administrative expenses

6,625.13

Total parish activities

29,885.44

Interest expense on DI&L loans

2,685.68

Professional services

363.84

Other revenue receipts

Insurance (non-health)

6,367.20

Advertisements

Parish property costs

16,977.27

Interest - bank

67.84

Household

2,496.14

Interest on ordinary DI&L savings

1.72

Utilities

16,794.90

Rectory support from mission

Retreats & continuing education

345.80

Resale of religious articles

Liturgical

3,955.57

Votive candles (net of expenses)

964.15

Parish social activities

232.00

Other

BSDC; Misc; sale of equipment

854.40

Transportation and automotive

Total other revenue

1,888.11

Transfers to cemetery

Fundraising and promotion

90.00

Property income receipts

Miscellaneous (list)

Cemetery (transfers from cemetery account)

       Charitable assistance

179.99

Farm rentals/income

Total property income

0.00

Other rentals (specify: gym, hall, house, etc.)

Parish Center & Gym Rent

730.00

Brick Hse; Brown Hse; Tan Hse; White Hse

7,800.00

Total other rentals

8,530.00

Other income

CCD Fees

1,219.00

Other offerings/Distributions-Endowments

2,882.92

Rebates and refunds/close chcking acct

1,551.86

Total other income

5,653.78

TOTAL INCOME

A

454,302.30

TOTAL EXPENSES

B

305,621.90

NET INCOME (LOSS) BEFORE DEPRECIATION (A-B)

148,680.40

ASSETS

LIABILITIES

Assets

Payable to the Diocese (total)

Checking - main

11,867.51

Payable - Mass stipends

700.50

Petty cash

Payroll liabilities

8,516.70

Mass stipend fund

1,845.50

Designated donations (unused to date)

Savings (local institution(s))

Owed to parish school (grand total)

-2,196.86

Designated purpose accounts

19,016.52

Owed to central school (grand total)

Parish groups

Owed to schools - other

Altar Society

10,563.97

Unpaid extra collections - national (list)

Altar Society Circles

2,362.92

Peter's Pence

612.00

Breakfast Committee

2,092.09

Mission Coop, Other

509.00

Education Committee

10,095.05

Unpaid extra collections - diocese (list)

Contempative Sisters

10.00

Unpaid extra collections - optional (list)

Operating DI&L savings

Special purpose DI&L (specify)

Other outstanding payables (list)

Building fund DI&L

86.90

Endowment DI&L

123,726.83

Accommodation receipts payable

6,344.88

Receivables or loans to affiliates (specify)

Accounts Receivable

3,239.50

Fixed Assets (initial cost)

Church

107,000.00

Rectory

206,652.00

Regular DI&L building loan 1

27,904.80

Convent

Regular DI&L building loan 2

66,728.09

Parish hall

500,000.00

Long past due DI&L loan

School

140,000.00

Other DI&L loan

20,314.80

Farms

Property fixtures

18,612.26

TOTAL LIABILITIES

129,443.91

Land

36,300.00

Vehicles

7,472.50

Renovations

134,738.26

New construction (specify)

Less: Accumulated depreciation (if any)

(                       )

EQUITY (Total assets minus total liabilities)

Total fixed assets

EQUITY (A minus B)

1,462,432.85

Other assets (specify)

Rental Property Assets

256,204.95

TOTAL ASSETS

1,591,876.76

TOTAL LIABILITIES & EQUITY

1,591,876.76