Financial Statement

 

July 2006 - June 2007
 
   

Revenue
   
Offertory (Envelopes)
$441,260.58
    
Offertory (Loose)
104,260.48
    
Offertory (Holy Day)
27,268.02
    
Special Parish Collection
4,653.00
   Lenten Appeal
This year's Lenten Appeal raised $40,995 from 278 housholds. Because we surpassed our goal, we were able to send $8,725 to St. Michael Indian School, in Arizona, and $3,047.50 to our Building Fund. Fourtyeight percent of our parish households participated, the second highest rate of 160 parishes in the Archdiocese.
Building Fund
182,742.51
  
Lenten Appeal - Rebates
16,964.00
  
Donations, Gifts, Bequests
1,955.09
  
Interest & Dividends
25,654.28
  
Catholic School Education Collection
15,240.04
  
Drexel Scholarship Fund
6,031.84
    
Information Center
6,773.20
   Building Fund
Balance on Deposit with the Archdiocesan Inter-Parish Loan Fund (IPLF) as of 6/30/2007: $458,534.05

Total Deposited in FY 2007: $182,742.61
  • Monthly Collections: $108,944.30
  • Fund Raising (Gift Cards, Raffle, and other events): $42,186.37
  • 2006 Year End Gifts: $25,862.50
  • Drexel Ball: $5,749.34
  • Interest Earned: $18,690.26
    		•
    Poor Box
    15,044.51
    		  
    Diocesan Collection
    22,118.88
    		  
    Special Parish Collections
    33,478.49
    		  
    Cemetery
    3,150.00
    		  
    Faith Formation
    24,885.18
    		  
     
    		 

    Total Revenue

    $931,480.10
    		  
     
    		 

    Expenses
    		   
    Administration
    $37,214.13
    		    
    Faith Formation
    51,505.61
    		    
    Liturgy
    47,768.13
    		    
    Repairs & Maintenance
    22,457.00
    		    
    Salaries & Benefits
    313,448.74
    		    
    Information Center
    8,932.26
    		    
    Poor Box Disbursed
    15,044.51
    		   Drexel Scholarship Fund
    Balance on Deposit with the Community Foundation of Frederick County as of 6/30/2007: $16,486.26

  • Drexel Ball: $5,774.34
  • 2006 Year End Gifts: $257.50
  • Interest Earned: $2,329.93


    • Distribution in FY 2007: $2,000
  • Mount Saint Mary's University: $1,000
  • Saint John's Catholic Prep: $500


    • Drexel Essay Contest Winners
  • High School: Megan Middeke: $500
    		•
    Diocesan Collections Disbursed
    22,118.88
    		  
    Special Parish Collections Dispersed
    33,478.49
    		  
    Catholic School Education Disbursed
    15,240.04
    		  
    Cemetery
    1,650.00
    		  
    Non-Capitalized Equipment
    2,078.74
    		  
    Property Development 29,666.56  
    Depreciation
    7,600.44
    		  
    Cathedraticum - Archdiocesan Support
    75,992.53
    		  

    Total Expenses

    $684,236.06
    		  
     
    		 

    Transfers
    		 
    Building Fund
    $182,742.51
    		  
    Drexel Scholarship Fund 6,031.84  
    Parish Endowment 25,699.28    
    Parking Lot Expansion 30,000.00    

    Total Transfers

    		$234,473.63    
           

    Net Income

    		$2,770.41    

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