We are happy to present our 2024 Parish & School financial report. This includes a summary of income and expenses for 2023-2024 and the projected budget for 2024-2025.
The parish report is displayed below. For the full report including a letter from our pastor Fr. Francis, the school report, and accompanying pie charts, please view/download the PDF:St. Joan of Arc Church: 2023-24 Financial Report & 2024-25 Budget | ||
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BUDGET | ||
2023-2024 | 2024-2025 | |
INCOME | ||
A-1 Offertory Collections (Envelopes, Loose, EFT) | $431,513.17 | $418,000.00 |
A-2 Operating Income (Trust Income) | $1,047,669.67 | $1,305,000.00 |
A-3 Income from Investments IPLF | $53,436.01 | |
A-4 Charitable Contributions, votives | $55,445.36 | $43,000.00 |
A-5 Evangelization, Catechesis, and Other Program Income | $2,275.00 | $10,000.00 |
TOTAL INCOME | $1,590,339.21 | $1,776,000.00 |
EXPENSES | ||
B Cost of Facilities (Utilities/Repairs) | $175,448.76 | $192,000.00 |
C Administration Expenses | $78,689.07 | $71,200.00 |
D Liturgical Expense | $36,925.39 | $29,000.00 |
E Operating Area Exp (Outreach/Charitable) | $78,727.39 | $52,000.00 |
F Labor Costs | $511,312.10 | $500,000.00 |
G Employee Benefit Costs | $172,612.60 | $202,200.00 |
H Evangelization, Catechesis, Programs Exp | $26,059.04 | $29,000.00 |
I Parish Subsidy to School and Archdiocesan Support | $475,459.06 | $560,000.00 |
TOTAL EXPENSES | $1,555,233.41 | $1,635,400.00 |
NET OPERATING INCOME | $35,105.80 | $140,600.00 |
OTHER INCOME | ||
K-1 Annual Appeal rebate, Capital Campaign | $233,849.00 | $10,000.00 |
K-2 Investment Income from Foundations | $28,782.62 | |
K-3 Restricted Donations, Grants and Bequests | $31,400.00 | |
TOTAL OTHER INCOME | $294,031.62 | $10,000.00 |
OTHER EXPENSES | ||
L Capital Campaign, New Building Expenses | $4,099,386.97 | $100,000.00 |
TOTAL OTHER EXPENSES | $4,099,386.97 | $100,000.00 |
NET OTHER INCOME SURPLUS (DEFICIT) | -$3,805,355.35 | -$90,000.00 |
NET INCOME | -$3,770,249.55 | $50,600.00 |