Missionhurst CICM Finance Page

Income
	Amount	Percentages
Contributions	771,487	57.47%
Legacies and Bequests	321,314	23.93%
Mission Appeals in Parishes	236,633	17.63%
Magazine Income	11,661	0.87%
Investment Income	1,385	0.10%
Total	1,342,480	100.00%

Expense
	Amount	Percentages
Program Services: Pastoral Support	504,635	39.00%
Missionary Support	39,686	3.07%
Education Projects	91,965	7.11%
Development Projects	45,540	3.52%
Relief and Health Care	25,800	1.99%
Publication - Magazine	82,250	6.36%
Total	789,876	61.04%

Supporting Services
	Amount	Percentages
Fundraising	270,385	20.90%
Management and General	233,720	18.06%
Total Supporting Services	504,105	38.96%
Net Total	1,293,981	100%
Net Assets-Beginning of year			144,212
Increase (Decrease) in Net Assets			(48,498)
Net Assets-End of year			192,710

To summarize, expenses as a percentage of total income received were:

61.04% for Program Services (Mission)

20.90% for Fundraising (includes postage, paper, supplies, magazine production, etc.)

18.06% for Management and General Purposes

Expenses exceeded income by 1.84%

Missionhurst, Inc. is a non-profit corporation exempt from the Federal Income Tax under Section 501(c)(3) of the Internal Revenue Code and qualifies for charitable contribution deduction by individual donors.

Board of Administration
Chair Rev. Timothy Atkin, cicm
Rev. Eric Imbao, cicm
Rev. Andre Kazadi, cicm
Rev. Ramel Portula, cicm
Rev. Celso Tabalanza, cicm
Rev. Johanes Teguh, cicm
Mrs. Katie Sullivan
IN ADDITION to the projects funded Missionhurst also:
Supported education to the priesthood and forwarded gifts designated for individual missionaries or projects amounting to $419,181.
Provided many of our priests in the missions with Mass offerings amounting to $8,234.
Published Missionhurst Magazine two times to foster missionary awareness in our country.