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									                             The Synod of the Diocese of Niagara
                          ANGLICAN CHURCH OF CANADA
                      Diocesan Mission & Ministries Return for 2003

This form is a combination of the annual Financial Summary, prepared by the parish, and the Diocesan Mission &
Ministries Recapitulation prepared by the Synod staff. It is now the responsibility of the parish to calculate it's
assessment with the use of this return.

In accordance with Canon 2.9 please complete this form and return it to the Synod Office, AFTER THE ANNUAL
VESTRY MEETING, BUT NOT LATER THAN FEBRUARY 28TH, TOGETHER WITH A COPY OF THE
CHURCH WARDEN'S AUDITED FINANCIAL STATEMENT FOR 2002 AND THE BUDGET FOR 2003.
R .L.. McKinnell
Diocesan Treasurer & C.F.O.

    Church Name                Church Name
    Completed by
     Name                      Name
     Position                  Position
     Phone Number              Phone
    Rector/Incumbent           Name
    Peoples Warden             Name
    Rectors Warden             Name


WHEN COMPLETING THE DIOCESAN MISSIONS & MINISTRY RETURN, COMPLETE
ALL AREA'S WITH YELLOW BACKGROUND. DO NOT ENTER DATA IN ANY OTHER
                           LOCATIONS.


Programmed by: GNR Enterprises - Rockwood
, and the Diocesan Mission &
he parish to calculate it's


Office, AFTER THE ANNUAL
TH A COPY OF THE
 UDGET FOR 2003.




RY RETURN, COMPLETE
ER DATA IN ANY OTHER
                        The Synod of the Diocese of Niagara
                         ANGLICAN CHURCH OF CANADA
                Diocesan Mission & Ministries Recapitulation for 2004
                           (Base on actual results for the year ended 2002)




 1 Total Receipts - Schedule 1



 2 Permissible Deductions

 3 Employment Expenses - Schedule 2

 4 Rectory Expenses - Schedule 3

 5 Capital Expenditures - Schedule 4

 6 Insurance claims expended

 7 Loan & mortgage payments

 8 Capital Transfers Out - Schedule 5

 9 Outreach - Schedule 6
10 Total Permissible Deductions



11 Net income base for 2002

12 Net income base for 2001

13 Net income base for 2000



14 Income total for three years



15 3 year average (above total divided by 3)



16 Assessment for year at                               33.83500%
                            The Synod of the Diocese of Niagara
                             ANGLICAN CHURCH OF CANADA
                        Diocesan Mission Ministries Returnfor 2002
                                                            for 2003
                       Diocesan Mission & & Ministries Return for 2002




                                   Total Receipts - Schedule 1

S1-1 Total Receipts per general financial statement

S1-2    Main total

S1-3    Second total (only if necessary)



S1-4 Additional Amounts

S1-5    Designated offerings

S1-6    Capital borrowings

S1-7    Capital transfers to general fund

S1-8    Other - please specify



       Sub-Total
S1-9 Deductions (only if included in total receipts)

S1-10 Opening bank balance

S1-11 GST refunds - deduct from appropriate expense
S1-12 Receipt from fellow multi point parish - deduct from
     appropriate expense

S1-13 Other - please specify bellow                                      (   )




S1-14 Total Receipts
                   The Synod of the Diocese of Niagara
                    ANGLICAN CHURCH OF CANADA
                Diocesan Mission & Ministries Return for 2002




                           Employment Expenses - Schedule 2


                                                         Actual   Allowed
S2-1    Rector/Incumbent/Priest/Deacon - in Charge to
        Max of $41,270
S2-2      Living Allowance - 50%
S2-3    Assistant Clergy #1 to Max of $41,270
S2-4      Living Allowance - 50%
S2-5    Assistant Clergy #2 to Max of $41,270
S2-6      Living Allowance - 50%
S2-7    Licensed Lay Worker
S2-8      Living Allowance - 50%
S2-9    Parish/Youth Worker
S2-10     Living Allowance - 50%
S2-11 Honoraria
S2-12 Supply Clergy


S2-13 Total Employment Expenses




                              Rectory Expenses - Schedule 3

S3-1    Total Expenses
S3-2    Multi point parish payments (receipts)
S3-3    Total Rectory Expenses

S3-4    Allowable Rectory Expenses - 50%
                     The Synod of the Diocese of Niagara
                      ANGLICAN CHURCH OF CANADA
             Diocesan Mission & Ministries Return for 2002




                           Rectory Expenses - Schedule 3

S3-1 Total Expenses
S3-2 Multi point parish payments (receipts)

S3-3 Total Rectory Expenses

S3-4 Allowable Rectory Expenses - 50%
                    The Synod of the Diocese of Niagara
                      ANGLICAN CHURCH OF CANADA
                Diocesan Mission & Ministries Return for 2002




                              Capital Expenses - Schedule 4

S4-1   New buildings, furnishings & Equipment
S4-2   Major repairs & renovations
S4-3   Clergy moving expenses
S4-4   Cost of leasing or buying office equipment
S4-5   GST & PST refund amount                        (          )

S4-6 Total Capital Expenses




                   Capital Transfers Out of General Fund - Schedule 5

S5-1   Cemetery Endowments
S5-2   Building Funds
S5-3   Investment & Endowment Funds
S5-4   Other

S5-5 Total Capital Transfers Out of General Fund




                                  Outreach - Schedule 6

S6-1 Total Payments outside of Parish
S6-2 Salaries & benefits related to rentals
S6-3 Property expenses related to rentals

S6-4 Total Outreach
                  The Synod of the Diocese of Niagara
                    ANGLICAN CHURCH OF CANADA
              Diocesan Mission & Ministries Return for 2002




                 Capital Transfers Out of General Fund - Schedule 5

S5-1   Cemetery Endowments
S5-2   Building Funds
S5-3   Investment & Endowment Funds
S5-4   Other

S5-5 Total Capital Transfers Out of General Fund
                   The Synod of the Diocese of Niagara
                    ANGLICAN CHURCH OF CANADA
                  Diocesan Mission & Ministries for 2002




                                  Outreach - Schedule 6

S6-1 Total Payments outside of Parish
S6-2 Salaries & benefits related to rentals
S6-3 Property expenses related to rentals

S6-4 Total Outreach
    ANGLICAN CHURCH OF CANADA
Diocesan Mission & Ministries Return for 2003
EXPENSES




Rectory Expenses - Schedule 3




Capital Expenses - Schedule 4
Capital Transfers Out of General Fund - Schedule 5




Outreach - Schedule 6
                          The Synod of the Diocese of Niagara
                       ANGLICAN CHURCH OF CANADA
                   Diocesan Mission & Ministries Return for 2003

INTRODUCTION

The method of computing the amount charged to parishes as their share of the Synod costs has
changed:

 1. The previous Diocesan Financial Summary form has been simplified so that all information not
used to compute the assessment amount has been eliminated.
2. The form has been renamed Diocesan Financial Return. As the name implies it will be used by
the parish to make it’s own calculation of the amount payable by it to the Synod. This not only
eliminates a time consuming operation at the Synod office but, more importantly, allows the parish
to know (and understand it better) at a much earlier time the amount of its next year’s obligation.
3. To eliminate a disparity between parishes with a rectory and those paying living allowances a
deduction of 50% of the costs of rectories, if used by any of the clergy, will be now be allowed.

As a general rule it is important to understand that it is, and always has been, the intention to
assess the parish based upon its regular income less certain allowable expenditures made from that
income. The data used for the assessment formula is:

            Total receipts
            Allowable deductions
                Employment expenses
                Rectory costs (new)
                Capital expenses
                Insurance claims expended
                Capital loan & mortgage payments
                          Outreach
            Equals net income for year

The formula becomes more complicated when a parish sets up separate funds. If, for example, the
parish maintains a separate fund for capital expenditures it then becomes necessary to include the
income received in that fund and the expenditures from the fund. Theoretically the transactions
affecting the capital fund could be ignored thus achieving the same net income result, however, the
handling of capital receipts and expenditures can often become so intertwined with the general fund
that it is simpler to include the capital receipts and disbursements to the Diocesan Financial Return.
RECEIPTS - SCHEDULE 1

The most significant change made to the form is in the area of receipts. Where the previous
schedule requested a breakdown of income from various sources the new one starts with the total
receipts from the general fund as shown on the parish’s financial statement. Some parishes show
two total income figures; one from receipts for which a budget has been setup and another for
receipts where there was no budget. Please make sure that the figures can be found on the
general fund financial statement.
There might be occasions when it is necessary to add other receipts that are not included in the
total income reported on the general fund statement, therefore space has been provided to make
these additions. Similarly there are occasions when items are included in the general fund total
receipts that should be removed.

It is important to understand that an amount to be added is dependent on an amount claimed as an
expense. If, for example, a major capital addition is paid for through a separate capital fund and is
included in Capital Expenses Schedule 4 then there must be an amount transferred as a receipt
from the capital fund to offset the expense.

There are occasions when there is a surplus in the general fund that is intended for a future
expenditure (see Capital Transfers out in Expenses) that has been transferred out in an earlier year
and is required in the current year. This would then likely be a transfer in to receipts. It is difficult to
give all possible examples of receipts to be added.

  Designated Offerings - Money received to be used for items that are claimed as deductions in
  this report. If a major addition for which a separate fund was created is not being claimed then the
  receipts need not be added.

  Capital Borrowings - this would include any amounts borrowed for capital expenditures only if
  the capital expenditures are included as a deduction.
  Capital Transfers to the General Fund from endowments — if used for general operations.
In some instances there are items that arc included in the total general receipts that should be
excluded therefrom. In particular:
  Opening Bank Balance — this is an unusual occurrence.
  GST Refunds - this should not be included but rather deducted from the appropriate cost. This
  pertains particularly to capital additions which should be reduced accordingly (see section on
Receipts from Fellow Multi Point Parish — some parishes that share a rector receive another
parish’s share of that cost. This receipt should not be included the total receipts but rather should be
used to reduce the expense (see section on Expenses).
EXPENSES

The expense sutrimaries have been amended so that only information necessary to calculate the
amount being assessed is required. In most instances we are no longer requesting details of
amounts shown as expenses however we would request that the parish supply a breakdown of the
statement items included in the total shown on the return.
Employment Expenses — Schedule 2

Since only the salaries and living allowances of clergy and program workers are required the
information regarding organist/choirmaster, secretary, caretaker, other paid help and benefits have
all been eliminated. The actual amount of salaries, paid up to a maximum amount as shown, will be
entered allowed column.

Please note that those licensed employees receiving a living allowance should have their salary
broken out as such. Some parishes record only the gross figure as salary leaving the living
allowance space blank. This can be to your detriment in that there is a maximum salary amount




Rectory Expenses - Schedule 3

This is a new deduction intended for those parishes with rectories that are being used by one of the
clergy. This was added to recognize that parishes without rectories are allowed a deduction of 50%
of the living allowance while those with rectories had none.
Please note that the parish with the rectory in a multi point situation will record the total costs less
the amount received from it’s fellow parish(s) while the fellow parish(s) may claim the amount paid
to the parish with the rectory.



Capital Expenses - Schedule 4

This total will include major capital additions and repairs, office machine leasing costs, clergy
moving costs and fund raising fees. Please note that you must deduct from the cost of the additions
any significant GST refund that you receive. If your parish records GST refunds as a receipt then
please make an effort to add up the obvious GST credits pertaining to the major expenditures and
deduct this amount in the space shown on the return.
Insurance Claims Expended

Enter the cost of replacing or repairing anything that is as a result of an insurance claim received in
the general receipts. Please note this would include any major repairs or the cost of replacing of
capital items.



Capital Loan & Mortgage Payments

Do not include operating loan repayments in this category. Operating loans are intended to carry the
parish through the periods of lower contributions. In theory they would start and end the year at
zero, peaking in the summer months.



Capital Transfers Out of General Fund - Schedule 5

If there are excess receipts in the general fund that are available for transfer into other funds or are
being held in the bank for future use they will be recorded here. Please remember that when these
funds are subsequently used for general purposes or capital items that are deductible they must
be included in the receipts of that year.



Outreach - Schedule 6


This category includes only those amounts that the parish has paid to outsiders for outreach
purposes. These would be the rector’s discretionary payments and other charities, but does not
include indirect payments made through the Diocesan assessment. Wages and property expenses
attributable to rental income and usage by other than parish affairs may be included in this category.
The corporation must determine what percentage of the cost of maintaining space (other than the
worship space) that is used for non parish functions. This percentage may be applied to reasonable
upkeep costs such as caretaking and non worship building upkeep.
                         The Synod of the Diocese of Niagara
                       ANGLICAN CHURCH OF CANADA
                   Diocesan Mission & Ministries Return for 2002

Factors Sheet
Assessment Rate          33.835%
Salary Max             $40,265.00
Living Allowance             50%
Rectory Expences             50%

								
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