Income & Expense Summary

Income and Expenses Summary	FY2023 Q1	FY2022	FY 2021
Income
4000 Donations and Support		$1,125.00	$33,087.98
4001 Unrestricted Income			$587.89
4005 General/Non Specified		$180.00
4010 Mission Support	$69,980.12	$363,965.42	$416,171.93
4015 Synod Mission Support	$1,970.00	$7,860.00	$41,255.75
4025 Interest	$2,196.10	$3,269.68	$4,402.44
4100 Restricted Income		$19,671.17
4105 Bishops Discretionary			$233.52
Total Income	$74,146.22	$396,071.27	$495,739.51

Expenses
4011 ELCA Proportional Share – 30%	$7,132.56	$109,189.63	$124,851.58
6000 Operating Expenses		$287.00
6110 ELCA Mandates	$250.00	$1,250.00	$1,000.00
6115 Synod Office		$166.60	$3,686.12
Bank Charges	$60.00	$348.00	$115.00
6116 Rent	$1,415.31	$5,661.24	$5,541.47
6117 Administrative Services		$1,245.00
6118 Synod Assembly & Council		$693.75	$927.55
6119 Software & Technology	$1,633.76	$8,675.09	$7,674.78
6121 Liability Insurance		$2,680.66	$2,625.36
6122 Workers Compensation Insurance		$396.00	$690.00
6205 Theological Education	$1,836.67	$3,994.00
6206 Rostered Leaders Debt Reduction (RLDR) grant	$7,585.00	$0.00	$4,215.00
6305 CLP		$5,000.00	$5,000.00
6310 LCM at WVU		$22,000.00	$22,000.00
6315 Camp Luther		$8,050.00	$8,050.00
6320 WVCC		$3,000.00	$3,000.00
6402 Bishop Dis. Expenses	$600.00	$2,865.59	$26.80
6406 Base Salary		$65,146.68	$67,599.96
6407 Housing Allowance		$13,733.32	$14,000.04
6409 Payroll Tax Expense	$56.02	$6,774.25	$6,759.00
6410 Bishop Insur. Med	$14,608.35	$61,012.38	$49,066.38
6420 Travel	$1,758.26	$11,975.90	$10,297.17
6425 Professional Services	$2,850.00	$11,607.76	$14,646.00
6500 Restricted Expenses		$6,528.91	$584.78
99 Ask My Accountant & Uncategorized	$14,264.50	$8,794.77	$6,427.13
Total Expenses	$54,050.43	$361,076.53	$358,784.12

Surplus (Deficit)	$20,095.79	$34,994.74	$136,955.39

Feedback

Was this helpful?