Missionhurst CICM Finance Page

Income
	Amount	Percentages
Contributions	994,639	53.89%
Legacies and Bequests	603,421	32.69%
Mission Appeals in Parishes	218,775	11.85%
Magazine Income	27,442	1.49%
Investment Income	1,379	0.07%
Total	1,845,656	100.00%

Expense
	Amount	Percentages
Program Services: Pastoral Support	710,650	48.34%
Missionary Support	150,714	10.25%
Education Projects	34,275	2.33%
Development Projects	24,709	1.68%
Relief and Health Care	11,532	0.78%
Publication - Magazine	85,080	5.79%
Total	1,016,960	69.17%

Supporting Services
	Amount	Percentages
Fundraising	274,274	18.66%
Management and General	178,973	12.17%
Total Supporting Services	453,247	30.83%
Net Total	1,470,207	100%
Net Assets-Beginning of year			192,710
Increase (Decrease) in Net Assets			290,154
Net Assets-End of year			482,864

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

69.17% for Program Services (Mission)

18.66% for Fundraising (includes postage, paper, supplies, magazine production, etc.)

12.17% for Management and General Purposes

Income exceeded Expense by 11.32%

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 $606,459.84.
Provided many of our priests in the missions with Mass offerings amounting to $8,631.
Published 2 issues of Missionhurst Magazine and 1 Calendar during the Fiscal year to foster missionary awareness in our country.