Kadampa Center, Raleigh NCFor the quarter ending March 31, 2013

Quarterly Financial Report

• Approved Budget vs. Actual YTD• 2013 Planned Income• Actual Income as of 3/31/2013• 2013 Planned Expenses• Actual Expenses as of 3/31/2013• 2013 Annual Appeal Results

Approved Budget vs. Actual YTD

Approved Budget

Actual to Date

Income $198,100 $38,677

Expenses $185,070 $37,260

Surplus (Deficit) $13,030 $1,417

Checking Account balance @ 3/31

$58,498.57

2013 Planned Income Annual Appeal 108,000 54.5%

General Dana – Undesignated 22,000 11.1%

Visiting Teachers 20,000 10.1%

Spiritual Program Classes & Teachings 15,000 7.6%

Tara Statue Sponsorships (5) 10,500 5.3%

Retreats, Special Events, Workshops, Pujas

9,600 4.8%

In-Kind Giving 8,600 4.3%

Bookstore sales (Non-Dharma Items) 4,000 2.0%

All Other Income 400 .2%

Total Planned Income $198,100 100%

Actual Income to date

Annual Appeal 26,396 68.2%

In-kind Giving 455 1.2%

General Dana – Undesignated 3,155 8.2%

Sunday & Class Donations 3,096 8.0%

Retreats, Special Events, Workshops, Pujas

3,522 9.1%

Visiting Teachers 281 0.7%

Tara Statue Sponsorships 600 1.6%

Bookstore sales (Non-Dharma Items) 745 1.9%

All Other Income 427 1.1%

Total Income as of 3/31/2013 $38,677 100%

2013 Planned Expenses

Sangha & Staff (Salary, taxes, housing, travel, auto and health insurances)

102,700 55.5%

Utilities, Maintenance, Office Supplies, Insurance, Repairs, Retail Sale expense

25,180 13.6%

Mortgage (Principle & Interest) 22,800 12.3%

Pujas, Supplies and other spiritual program expenses

10,900 5.9%

Visiting Sangha expenses 10,000 5.4%

Committee Expenses 6,510 3.5%

Financial Development expenses 4,500 2.4%

Dues & Donations 2,450 1.3%

Total Planned Expenses $185,070 100%

Actual Expenses to date

Sangha & Staff (Salary, taxes, housing, travel, auto and health insurances)

21,786 58.5%

Utilities, Maintenance, Office Supplies, Insurance, Repairs, Retail Sale expense

5,895 15.8%

Mortgage (Principle & Interest) 5,707 15.3%

Visiting Sangha expenses 663 1.8%

Financial Development expenses 228 0.6%

Committee expenses 857 2.3%

Pujas, Supplies and other Spiritual program expenses

2,124 5.7%

Total Expenses as of 3/31/2013 $37,260 100%

2013 Annual Appeal Results

Pledge Goal was $108,000117 donors pledged a total of $113,745As of March 31, $60,140 has been received

with $53,605 outstandingThank you for your ongoing support and

generosity to the Kadampa Center.