FINANCIAL STATEMENT FOR FISCAL YEAR 2017-2018
JULY 1, 2017-JUNE 30, 2018

For Fiscal Year 2018, we had revenues of $1,044,525 and expenses of $720,004 resulting in a net profit of $341,540. Most of the surplus funds derive from a $300,000 Special Gift which has been allocated to hiring increased personnel over the next several years.

Description 2017-2018 Budget 2017-2018 Actual
Revenue
Collections (Sunday Plate and Holy Days)$73,790$78,927
Pledged Gifts$166,125$175,628
General Fund$162,147$200,806
Special Donations and Restricted Gifts$9,100$325,013
Stipends (Baptism, Weddings, Mass Stipends)$8,600$8,384
Fees (Children’s Religious Education, Retreats, Wedding Preparation)$22,050$21,735
Quasi-Endowment at the Diocese*$240,000$234,032
Total Revenue$681,812$1,044,525

*The Quasi-Endowment is a separate fund treated as endowment by the Diocese, from which CC@S receives a quarterly income distribution. The Quasi-Endowment held at the Diocese is different from the CC@S Endowment held at the Catholic Community Foundation of Santa Clara County.

 

2018 FUNDS DISBURSED (ACTUAL): $720,004

disbursements-pie-chart-2017-2018.png