Cash as of July 1, 2021 | $ 483,677 | ||
Revenue from Operations | |||
Sunday & Holy Day Collections | $ 1,258,899 | ||
Festival Proceeds | 72,275 | ||
Future Fund | 32,928 | ||
Paycheck Protection Loan Forgiveness | 182,690 | ||
Restricted Funds | 93,114 | ||
Other Revenue | 92,692 | ||
Gross Revenue | $ 1,732,598 | ||
Operating Expense | |||
Compensation and Benefits | $ 896,494 | ||
Assessment & Charitable Gifts | 191,090 | ||
Maintenance, Equipment & Supplies | 314,885 | ||
Other Expenses | 238,286 | ||
Total Expenses | 1,640,755 | ||
Net Income | 91,843 | ||
Adjustments to Net Income | |||
Change in Loans Payable | (182,690) | ||
Other Changes | 16,007 | ||
Net Adjustments to Net Income | (166,683) | ||
Net cash provided by Investing Activities | (50,428) | ||
Net cash resulting from Adjustments & Activities | (217,111) | ||
Cash as of June 30, 2022 | $ 358,409 |
PARISH BUSINESS OFFICE
The Business Office manages the financial and physical assets of the parish. In administering the operational requirements, this office prepares the budget and executes control over expenses and purchases. It is also the point of contact to the Diocese of Dallas relating to financial management, fundraising & development, contract implementation, facility management and human resource administration.
PARISH NURSERY (Temporary Closed Due to Pandemic)
One area supervised directly by the Office of Business Administration is the nursery and its staff. Our nursery enables parents to have confidence that their children are well cared for in a safe environment while they devote their attention to Sunday Mass and church sponsored programs and activities. Child Care Coordinator/Nursery Director, Sharon Bush's goal is to make sure that children's church times are happy times.
PARISH FESTIVAL
We have one major fund raiser a year. We like to think of it as a "fun raiser." In the past, the parish festival, which is held on Saturday of the last full weekend in September, provides much needed funds to supplement the generosity of our parishioners. Here is one activity with a place for every volunteer in the parish. Get involved and have fun!
Can. 532 In all juridical matters, the parish priest acts in the person of the parish, in accordance with the law.
Can. 537 In each parish there is to be a finance committee to help the parish priest in the administration of the goods of the parish, without prejudice to can. 532. It is ruled by the universal law and by the norms laid down by the diocesan Bishop, and it is comprised of members of the faithful selected according to these norms.