Finance
Posted by admin
2009 Financial breakdown
Total income: $64,974
Given out to ministries $58,108.89 (95.4% Given away)
Administration Expenses: $2,994.07 (4.6% used for expenses)
Roll over to 2010: $3,871.04
Money Distribution:
Charitable Contributions:
Child Sponsorship Restoration:
Feed the Children Restoration 9,180.26
Child Sponsorship Restoration – Other 11,568.00
Total Child Sponsorship Restoration 20,748.26
Come Alive Min 2,320.56
Earthquake Fund 1,000.00
Missions (Haiti) Ministries 1,198.00
Place of Hope 3,152.89
Restoration Min 3,364.29
Restortation Ministries Building 26,324.89
Total Charitable Contributions 58,108.89
September 2007- December 31, 2008 Grand totals
Total Donations to Conduit: $68,334.60
Total Contributions from Conduit to Charitable Organizations: $53,653.87
Total set aside in account for projects still to be given out: $12,085.27
Total Operating Expenses: $2,423.53 (96.5% of money given away)
Extra in account: $171.93
2008 Financial Breakdown
Total Donations to Conduit: $51,401.82
-General Donations: $15,990.35
-Haiti Donations: $25,239.62
-Child Sponsorship: $5,261
-Feed the Children: $2,260.85
-Building Fund Restoration Ministries: $2,650
Total Contributions from Conduit to Charitable Organizations: $37,760.19
-Feed the Children Restoration: $1,708.69
-Child Sponsorship Restoration: $5051
-Freedoms Promise: $378.90
-Global Impact Min: $500
-Hands & Feet Project: $527.28
-Haiti: $16,326.30
-Place of Hope: $5,373.11
-Restoration Ministries: $4,563.11
-Restoration Ministries Building Project: $2,550.00
-World Vision: $481.80
-Other: $300
Total set aside in account for projects still to be give out: $12,085.27
-Child Sponsorship: $240
-Feed the Children: $576.4
-Haiti Building fund: $6,396.80
-Haiti missions: $2,578.22
-General Donations to be split: $2,293.85
Total Operating Expenses: $1,992.62
This includes all bank expenses, web site development, Paypal fees, Office Supplies, Checks, Postage and Delivery, etc. We originally were going to set aside 10% for operating expenses, but ended up only using 3.5%.
Extra in account rolled into 2009: $171.93
2007 Financial Breakdown
Total Donations to Conduit: $16,932.78
Total Contributions from Conduit to Charitable Organizations: $15,893.68
Total Operating Expenses: $430.91
Extra in account rolled into 2008: $608.19
Comments are closed.
