Orren Sez...Please do see my much longer article on finances (and much else besides), but I think a few things should be pointed out about the raw numbers.Church Ward Income is basically income from my consulting business and holiday gifts from my family. It grew quite a bit this past year, as I allotted more of my time to building little widget boxes, anticipating a downturn in Church revenues. On the expense side, most of the costs of this business (and they are considerable with machine tools, raw materials and electronic parts) are lumped into “Other Expenses. Total “put in the Church bank account” profit amounted to about $20,000 for the year.
I am deeply committed to the principles of commutarian living, and to thesupport of Four Quarters. I am pleased to have had a part to play.Last year the BoD predicted a drop of $90,000 in gross income as a consequence of our decision not to renew the contract for the Gaian Mind music festival. The numbers here show that story well.It is important to note that we handled most of their registration income, so the income category “Evn’t Income-Outside” represents gross income, which must be offset by the expense category “Event Costs-Outside” to actually figure our net income from Gaian Mind. Which was about $40,000. You will also note the large drop in Merchant Credit Card income and expense. Another direct result from Gaian Mind.I would also like to point out the effects of our campaign of belt tightening across our expense categories. Go down the list and compare to previous years and the results are there to see. For those of us who live here it has been a tight year, but well worth it.
FOUR QUARTERS INTERFAITH SANCTUARYFINANCIAL REPORT FOR FISCAL 2009INCOME AND EXPENSE BY CATEGORY
Mission and Structure -
Four Quarters Interfaith Sanctuary190 Walker Lane Artemas PA 17211 USA 814-784-3080 firstname.lastname@example.orgIncorporated in the Commonwealth of Pennsylvania as an InterFaith Non-Denominational Church, Monastery and Spiritual Retreat Center. All donations fully tax deductible as allowed by law. PA EXMP 75-538-546 FED EIN 25-1853964© 1995-2013 The Church of Four Quarters™, Four Quarters™ and Four Quarters Farm™ Free use of text expressly granted for all non-profit purposes; unchanged and with attribution to Four Quarters. All other rights reserved.