DIGNITY NoVA FINANCIAL REPORT 2014

Dignity NoVA Financial Report Jan 1 to Dec 31, 2014

 

 

General Fund (Including Anje's Purse) as of 01/01/2014 30,346.99

Belle Fund as of 01/01/2014 +2,032.00

Total Balance as of 01/01/2014 32,378.99

 

Liabilities 0

 

General Fund (Including Anje's Purse) as of 01/01/2014 30,346.99

General Fund Income 01/01/2014 thru 12/31/2014 (see over) +15,490.19

General Fund Expenses 01/01/2014 thru 12/31/2014 (see over) -11,881.19

Gen Fund Balance as of 12/31/2014 33,955.99

 

Belle Fund Balance as of 01/01/2014 2,032.00

Belle Fund Income (01/01/2014 thru 12/31/2014 (see cmts) 3,007.00

Belle Fund Expenses 01/01/2014 thru 12/31/2014 (see comments) -2,657.00

Belle Fund Balance as of 12/31/2014 2,382.00

 

Gen Fund (Incl Anje's Purse total of $3,000.00)

Balance as of 12/31/2014 33,955.99

Belle Fund Balance as of 12/31/2014 2,382.00

Total Balance as of 12/31/2014 36,337.99

 

Liabilities as of 12/31/2014 0

 

Accounts Receivable (Anje's Purse) 1,500.00

 

TRENDS

Balance as of 01/01/2007 17,167.18

Balance as of 01/01/2008 14,173.10

Balance as of 01/01/2009 12,611.11

Balance as of 01/01/2010 19,166.14

Balance as of 01/01/2011 22,172.14 (Note: $14,000 of this held in CDs)

Balance as of 01/01/2012 27,865.99 (Note: $21,110.49 of this in 0.5% MM Fund)

Balance as of 01/01/2013 29,795.35 (Note: $17,664.54 of this in 0.20% MM Fund)

Balance as of 01/01/2014 32,378.99 (Note: $22,701.09 of this is in 0.20% MM Fund)

Balance as of 01/01/2015 36,337.99 (Note: $27,755.78 of this is in 0.20% MM Fund)

 

 

 

 

 

 

1/1/2014 through 12/31/2014 Expenses & Income Statement

Category Description Actual

 

EXPENSES

 

Advertising - Blade Ad (@$91.00 every other week) -2,366.00

Church Rent @$125 per night -6,400.00

Clergy Stipend @$100 per mass -400.00

Donations to the Belle Fund -1500.00

Flowers -221.54

Liturgy Supp - Other (Wine, etc.) - 110.36

Miscellaneous - 0.00

Munley Church Supplies - 0.00

Musicians ($80.00 per mass) -230.00

Office Supplies - 0.00

Oreg Cath Press Hymnals & Music -330.90

P O Box Rent (per year) - 154.00

Socials - 142.39

VA Incorporation Tax (per year) -26.00

 

 

TOTAL EXPENSES 11,881.19

 

INCOME

 

Dignity USA Chapter Support 70.00

DW Pymt for Blade Ad 1,092.50

Fund Raising 3,465.00

Interest 54.69

Weekly Collection 10,808.00

 

TOTAL INCOME 15,490.19

 

 

COMMENTS

 

We are holding steady at about 15 to 20 people at every mass with perhaps a slight decrease. Our weekly collections are averaging about $200 each week which is a significant drop from last year when we were averaging about $250 each week. We had a big increase in Fund raising from $950 the prior year to the $3465 this year. This was because of our very successful 22nd Anniversary dinner and especially because of the fact that donations for the expenses of the dinner covered just about all the cost so we were left with pure profit. On average, we spend about $225 each week, but our actual expenses would be significantly higher except for the very generous donation of time by several of our presides and musicians.

 

The Belle Fund was named in honor of Mark J's mother, Belle, who left D/NoVA money to help other D/USA chapters. The D/NoVA Board later made the Belle Fund the source of all contributions from D/NoVA to others. The Board funded the Belle Fund with $1500 from the General Fund this year up from $1000 the prior year. Additional restricted contributions were made to the Belle Fund by individuals including donations made in connection with our collection for the animal shelters in the area ($270) and our special Christmas collection for So Others Might Eat ($657). The Board authorized an additional restricted transfer from the General Fund to the Belle Fund of $230 for the animal shelters and $250 for SOME. The total income to the Belle Fund was $3007.00

 

In 2014, the Board authorized payments from The Belle Fund as follows:

 

AIDSWALK (with D/W)........................................ 250.00

New Ways Ministry (IHO Fr. Bob Nugent)........... 250.00

People of Faith for Equality Virginia..................... 50.00

Women's Ordination Conference......................... 50.00

Sisters of Charity of the BVM (Joe O'Hare's dad).. 50.00

New Ways Ministry (Honorarium to Sister Jeannine

for the 22nd Anniversary dinner speech..............250.00

Carpenter’s Shelter …........................................ 100.00

Arlington Animal Shelter...................................... 250.00

Alexandria Animal Shelter................................... 250.00

DignityUSA …..........................................................250.00

So Others Might Eat ….......................................... 907.00

 

TOTAL BELLE FUND EXPENSES..... $2657.00

 

At the suggestion of Anje B., a previous Board authorized the establishment of Anje's Purse to provide a temporary bridge loan to members of our community who are experiencing financial difficulties. The Board initially funded this with $2500, and additional contributions and transfers from the General Fund brought the balance of Anje's Purse up to $3000. In accord with the criteria established by the Board in 2011, a loan in the amount of $1500 is currently outstanding.

 

Our community could not continue without the countless hours of time freely contributed by our members. Just as volunteering is a personal decision, so is financial support for our community based on each person’s financial circumstances. Some will be able to give more and others less. On average, if each of the 15 to 20 people attending mass could contribute $15 to $20 per week, we would be able to cover our expenses and not deplete our resources.

 

May God continue to bless us and all who continue to support our community with your contributions of time and talent and treasure.