Missionhurst CICM Finance Page

Income
	Amount	Percentages
Contributions	697,068	60.42%
Legacies and Bequests	263,430	22.83%
Mission Appeals in Parishes	175,151	15.18%
Magazine Income	16,819	1.45%
Investment Income	1,312	0.12%
Total	1,153,780	100.00%

Expense
	Amount	Percentages
Program Services: Pastoral Support	378,928	31.3%
Missionary Support	36,634	3.0%
Education Projects	0	.0%
Development Projects	213,008	17.7%
Relief and Health Care	17,180	1.4%
Publication - Magazine	68,773	5.7%
Total	714,523	59.1%

Supporting Services
	Amount	Percentages
Fund Raising	271,328	22.4%
Management and General	223,893	18.5%
Total Supporting Services	495,221	40.9%
Net Total	1,209,744	100%
Net Assets-Beginning of year			175,030
Increase (Decrease) in Net Assets			(55,964)
Net Assets-End of year			119,066

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

59.1% for Program Services (Mission)

22.4% for Fund Raising (includes postage, paper, supplies, magazine production, etc.)

18.5% for Management and General Purposes

Expenses exceeded income by 4.62%

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 $350,199.
Provided many of our priests in the missions with Mass offerings amounting to $10,570.
Published Missionhurst Magazine two times to foster missionary awareness in our country.