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|
|Collections (Sunday Plate and Holy Days)||$73,790||$78,927|
|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|
*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
Archived: 2016-2017 Stewardship Report