Missionhurst CICM Finance Page

Income
	Amount	Percentages
Contributions	694,665	57.40%
Legacies and Bequests	315,040	26.04%
Mission Appeals in Parishes	193,996	16.04%
Investment Income	6,316	0.52%
Total	1,210,017	100.00%

Expense
	Amount	Percentages
Program Services: Pastoral Support	345,641	29.50%
Missionary Support	46,014	3.90%
Education Projects	13,420	1.10%
Development Projects	153,500	13.10%
Relief and Health Care	29,000	2.50%
Publication - Magazine	85,725	7.30%
Total	673,300	57.40%

Supporting Services
	Amount	Percentages
Fund Raising	276,471	23.60%
Management and General	223,572	19.00%
Total Supporting Services	500,043	42.60%
Net Total	1,173,343	100%
Net Assets-Beginning this year			138,356
Income exceeding Expenses			36,674
Net Assets-End of year			175,030

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

57.40% for Program Services (Mission)

23.60% for Fund Raising (includes postage, paper, supplies, production, etc.

19% for Management and General Purposes

Income exceeded expenses by 3%

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
Rev. Joe Giordano, cicm
Rev. Randy Gonzales, cicm
Rev. William Wyndaele, cicm
Rev. Celso Tabalanza, cicm
Mrs. Katie Sullivan
Mrs. Marianne Szegedymazak
IN ADDITION to the projects funded Missionhurst also:
Supported education to the priesthood and forwarded gifts designated for individual missionaries or projects amounting to $268,142.
Provided many of our priests in the missions with Mass offerings amounting to $18,931.
Published Missionhurst Magazine four times a year to foster missionary awareness in our country.