Finance
Posted by admin
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
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