kadampa center, raleigh nc for the year ending december 31, 2012 annual financial report
DESCRIPTION
Approved Budget vs. Actual YTD Approved BudgetActual Income$189,200$214,597 Expenses$186,100$171,056 Surplus (Deficit)$3,100$43,541 Checking Account 12/30$49,550TRANSCRIPT
Kadampa Center, Raleigh NCFor the year ending December 31, 2012
Annual Financial Report
• Approved Budget vs. Actual YTD• 2012 Planned Income• Actual Income as of 12/31/2012• 2012 Planned Expenses• Actual Expenses as of 12/31/12• 2012 Annual Appeal Results
Approved Budget vs. Actual YTD
Approved Budget
Actual
Income $189,200 $214,597Expenses $186,100 $171,056 Surplus (Deficit) $3,100 $43,541
Checking Account balance @ 12/30
$49,550
2012 Planned Income Annual Appeal 84,000 44.4%In-kind Giving 20,000 10.6%General Dana – Undesignated 19,000 10.0%Khensur Rinpoche Visit 17,000 9.0%Sunday & Class Donations 15,000 7.9%Visiting Teachers 15,000 7.9%Tara Statue Sponsorships (5) 10,500 5.6%Bookstore sales (Non-Dharma Items) 5,000 2.6%All Other Income 3,700 2.0%
Total Planned Income $189,200 100%
Actual Income to dateAnnual Appeal 72,652 33.9%Annual Appeal 2013 – Received in December
33,115 15.4%
In-kind Giving 15,811 7.4%General Dana – Undesignated 24,618 11.5%Sunday & Class Donations 16,650 7.8%Retreats, Special Events, Workshops, Pujas
11,692 5.4%
Visiting Teachers 13,351 6.2%Tara Statue Sponsorships 11,842 5.5%Bookstore sales (Non-Dharma Items) 3,648 1.7%All Other Income 11,218 5.2%
Total Income as of 12/31/2012 $214,597 100%
2012 Planned ExpensesSangha & Staff (Salary, taxes, housing, travel, auto and health insurances)
104,300 56.0%
Utilities, Maintenance, Office Supplies, Insurance, Repairs, Retail Sale expense
23,900 12.8%
Mortgage (Principle & Interest) 22,800 12.3%Visiting Sangha expenses 18,000 9.7%Financial Development expenses 10,000 5.4%Pujas, Supplies and other spiritual program expenses
7,100 3.8%
Total Planned Expenses $186,100 100%
Actual Expenses to dateSangha & Staff (Salary, taxes, housing, travel, auto and health insurances)
97,836 57.2%
Utilities, Maintenance, Office Supplies, Insurance, Repairs, Retail Sale expense
28,714 16.8%
Mortgage (Principle & Interest) 22,830 13.3%Visiting Sangha expenses 6,773 4.0%Financial Development expenses 5,033 2.9%Committee expenses 681 .4%Pujas, Supplies and other Spiritual program expenses
9,189 5.4%
Total Expenses as of 12/31/2012 $171,056 100%
2012 Annual Appeal Results
Pledge Goal was $84,000113 donors pledged a total of $91,008As of December 31, $72,652 has been receivedThank you to all who are assuring the future of
the Kadampa Center with Annual Appeal donations.
