Income/Expense Report
This simple table presents the income and expenses of an imaginary organization over the past two years and includes a budget projecting the income and expenses for the upcoming fiscal year. You should create your own categories and enter values appropriate to your organization.
| FISCAL YEARS: |
2005 |
2006 |
2007 |
| Balance Forward |
$0 |
$4,360 |
$673 |
INCOME |
|||
| VOLUNTEER LABOR* | |||
| Sisters |
$20,000 |
$25,000 |
$25,000 |
| Lay Volunteers |
$10,000 |
$12,500 |
$20,000 |
| CASH DONATIONS | |||
| Congregations |
$5,000 |
$1,500 |
$0 |
| Foundation Grants |
$10,000 |
$10,000 |
$20,000 |
| Government Subsidies |
$5,000 |
$6,500 |
$10,00 |
| Individuals |
$0 |
$5,00 |
$5,000 |
| NON-CASH (IN-KIND) DONATIONS** | |||
| Food |
$5,000 |
$5,000 |
$6,000 |
| Classroom |
$3,000 |
$3,500 |
$3,500 |
| SALE OF CRAFTS & POULTRY | $2,000 | $2,500 | $3,000 |
| BANK LOAN | $500 | $0 | $0 |
| INTEREST FROM SAVINGS ACCOUNT | $0 | $200 | $30 |
|
TOTALS |
$60,500 |
$76,060 |
$93,203 |
EXPENDITURES |
|||
| SALARIES | |||
| Sisters* |
$20,000 |
$25,000 |
$25,000 |
| Lay Volunteers* |
$10,000 |
$12,500 |
$20,000 |
| Staff Salaries |
$15,000 |
$25,000 |
$25,000 |
| FOOD** | $5,000 | $5,000 | $6,000 |
| RENT** | $3,000 | $3,500 | $3,500 |
| UTILITIES | $1,500 | $2,000 | $1,500 |
| TRANSPORTATION COSTS | $1,000 | $1,500 | $1,000 |
| SCHOOL SUPPLIES | $500 | $850 | $850 |
| LOAN REPAYMENT | $100 | $100 | $100 |
| INTEREST ON LOAN (8.5% APR) | $40 | $37 | $32 |
|
TOTALS |
$56,140 |
$75,487 |
$82, 982 |
BALANCE |
$4,360 | $673 | $10,221 |
* This is an estimate of what it would cost to pay someone to do the work that the sisters and others do voluntarily without pay.
** This is an estimate of the amount sisters would have to pay to rent the classroom space and to purchase the food if they were not donated by the diocese.