Missionhurst CICM Finance Page

Income
	Amount	Percentages
Contributions	927,541	26.84%
Legacies and Bequests	2,365,612	68.45%
Mission Appeals in Parishes	104,927	3.04%
Magazine Income	23,863	0.69%
Other Income - PPP Loan Forgiven	29,306	0.85%
Investment Income	4,675	0.14%
Total	3,455,924	100.00%

Expense
	Amount	Percentages
Program Services: Pastoral Support	642,125	37.19%
Missionary Support	222,932	12.91%
Educational Projects	82,620	4.78%
Development Projects	76,900	4.45%
Relief and Health Care	199,150	11.53%
Publication - Magazine	81,676	4.73%
Total	1,305,403	75.60%

Supporting Services
	Amount	Percentages
Fundraising	237,682	13.76%
Management and General	183,708	10.64%
Total Supporting Services	421,390	24.40%
Net Total	1,726,793	100%
Net Assets-Beginning of year			482,864
Increase (Decrease) in Net Assets			1,729,131
Net Assets-End of year			2,211,995

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

75.60% for Program Services (Mission)

13.76% for Fundraising (includes postage, paper, supplies, magazine production, etc.)

10.64% for Management and General Purposes

Income exceeded Expense by 33.36%

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. EIN 54-0916857

Board of Administration
Chair: Rev. Johanes Teguh, cicm
Rev. Celso Tabalanza, cicm
Rev. Eric Imbao, cicm
Rev. Andre Kazadi, cicm
Rev. Ramel Portula, cicm
Rev. Pascal Ngboloma, 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 $551,590.94.
Provided many of our priests in the missions with Mass offerings amounting to $11,932.
Published 3 issues of Missionhurst Magazine and 1 Calendar during the Fiscal year to foster missionary awareness in our country.