Financial Operations of Sagrado Corazon de Jesus Parish
Third Thursday fundraisers contributed greatly to supplement the weekly offertory and monthly collections. While the weekly and monthly offertory collections for last year exceeded the prior years’ collections, and the Telephone bill was down, a redefinition of the share of the priests’ salary and benefits, Safe Environments screenings for new teachers, Books and educational CDs and the cost of heating oil and snow removal all contributed to an increased deficit..
The following is a summary of Revenue and Expenses for the past two years:
Total Revenue $125,314 $123,735
Total Expenses $133,131 $123,827
Net Income/Loss ($7,817) ($92)