June 2013 Council Agenda - International Pentecostal Holiness ...

WORLD MISSIONS MINISTRIES
BALANCE SHEET BY DEPARTMENT
April 30, 2013
International
Coffee
World Missions World Missions
Field
World Missions Missionary
People to
PTP Field
People to
TEAMS
House
Ministries Dept Ministries Dept
Missionaries
Fixed Assets Program
People Dept
Operations
People Dept
Dept
Ministry
Total
Assets
Current Assets
Cash & Cash Equivalents
Checking Account - Main 10101 (670,571.12) 12,051.18 364,385.14 (220,046.74) 29,836.32 34,584.60 26,166.45 6,962.35 20,845.64 72,359.85 (323,426.33)
Checking Account - WM Field Account 10801 0.00 0.00 637,533.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 637,533.16
Total Cash & Cash Equivalents (670,571.12) 12,051.18 1,001,918.30 (220,046.74) 29,836.32 34,584.60 26,166.45 6,962.35 20,845.64 72,359.85 314,106.83
Accounts Receivable
Accounts Receivable - Advances 15655 0.00 0.00 (1,308.69) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (1,308.69)
Accounts Receivable - Other 15667 0.00 0.00 0.00 6,500.00 0.00 0.00 0.00 0.00 0.00 0.00 6,500.00
Note Receivable - Romania 15799 14,836.38 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 14,836.38
Total Accounts Receivable 14,836.38 0.00 (1,308.69) 6,500.00 0.00 0.00 0.00 0.00 0.00 0.00 20,027.69
Short-term Investments
Savings Acct - Extension Loan Fund 12123 92,843.37 0.00 1,255,544.48 0.00 0.00 24,006.46 50,172.32 0.00 0.00 0.00 1,422,566.63
Cert of Dep - Extension Loan Fund 12125 269,259.96 0.00 993,543.72 0.00 0.00 30,000.00 262,472.35 0.00 0.00 0.00 1,555,276.03
Total Short-term Investments 362,103.33 0.00 2,249,088.20 0.00 0.00 54,006.46 312,644.67 0.00 0.00 0.00 2,977,842.66
Prepaid Expenses
Prepaid Dental Insurance 18107 0.00 27.70 0.00 0.00 0.00 0.00 0.00 23.00 0.00 0.00 50.70
Prepaid Supplemental Insurance 18119 0.00 (124.90) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (124.90)
Prepaid Workers Compensation Insurance 18137 0.00 (794.95) 0.00 0.00 0.00 0.00 0.00 (223.21) 0.00 0.00 (1,018.16)
Wage Advances to Employees 18197 0.00 0.00 7,044.48 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7,044.48
Travel Advances 18209 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Prepaid Expenses 0.00 (892.15) 7,044.48 0.00 0.00 0.00 0.00 (200.21) 0.00 0.00 5,952.12
Total Current Assets (293,631.41) 11,159.03 3,256,742.29 (213,546.74) 29,836.32 88,591.06 338,811.12 6,762.14 20,845.64 72,359.85 3,317,929.30
Long-term Assets
Property & Equipment
PHC Africa Development Center 27501 0.00 0.00 0.00 90,000.00 0.00 0.00 0.00 0.00 0.00 0.00 90,000.00
PHC Mission House in Krugersdorp 27503 0.00 0.00 0.00 30,000.00 0.00 0.00 0.00 0.00 0.00 0.00 30,000.00
PHC Church and Bible School in Primrose 27505 0.00 0.00 0.00 50,000.00 0.00 0.00 0.00 0.00 0.00 0.00 50,000.00
PHC Mission House in Capetown 27507 0.00 0.00 0.00 35,000.00 0.00 0.00 0.00 0.00 0.00 0.00 35,000.00
PHC Mission House in Durban (Terrance Ave) 27509 0.00 0.00 0.00 25,000.00 0.00 0.00 0.00 0.00 0.00 0.00 25,000.00
PHC Mission House in Durban (Gurvan Ave) 27511 0.00 0.00 0.00 12,000.00 0.00 0.00 0.00 0.00 0.00 0.00 12,000.00
Cape Bible Training Center 27513 0.00 0.00 0.00 25,000.00 0.00 0.00 0.00 0.00 0.00 0.00 25,000.00
PHC Krugersdorp 27515 0.00 0.00 0.00 20,000.00 0.00 0.00 0.00 0.00 0.00 0.00 20,000.00
PHC Mission House in Harare 27517 0.00 0.00 0.00 14,000.00 0.00 0.00 0.00 0.00 0.00 0.00 14,000.00
Bible Temple Church 27519 0.00 0.00 0.00 100,000.00 0.00 0.00 0.00 0.00 0.00 0.00 100,000.00
PHC Mission House in Lusaka (Kapumpe) 27521 0.00 0.00 0.00 50,000.00 0.00 0.00 0.00 0.00 0.00 0.00 50,000.00
PHC Mission House in Lusaka (Gizenga) 27523 0.00 0.00 0.00 10,000.00 0.00 0.00 0.00 0.00 0.00 0.00 10,000.00
PHC Mission House in Kitwe 27525 0.00 0.00 0.00 20,000.00 0.00 0.00 0.00 0.00 0.00 0.00 20,000.00
Beira Church 27527 0.00 0.00 0.00 60,000.00 0.00 0.00 0.00 0.00 0.00 0.00 60,000.00
Calvary Worship Center and Secondary Schoo27529 0.00 0.00 0.00 50,000.00 0.00 0.00 0.00 0.00 0.00 0.00 50,000.00
East African Bible School 27531 0.00 0.00 0.00 50,000.00 0.00 0.00 0.00 0.00 0.00 0.00 50,000.00
Property in Szigetszentmiklos, Budapest, Hun 27533 0.00 0.00 0.00 175,000.00 0.00 0.00 0.00 0.00 0.00 0.00 175,000.00
Free Christian Church, Berlin, Germany 27535 0.00 0.00 0.00 326,000.00 0.00 0.00 0.00 0.00 0.00 0.00 326,000.00
Property in London 27537 0.00 0.00 0.00 120,000.00 0.00 0.00 0.00 0.00 0.00 0.00 120,000.00
Property in Costa Rica 27539 0.00 0.00 0.00 15,000.00 0.00 0.00 0.00 0.00 0.00 0.00 15,000.00
Mission House 27541 0.00 0.00 0.00 10,000.00 0.00 0.00 0.00 0.00 0.00 0.00 10,000.00
Vehicles 28035 0.00 0.00 0.00 1,058,034.66 0.00 0.00 0.00 0.00 0.00 0.00 1,058,034.66
Accumulated Depreciation 28119 0.00 0.00 0.00 (1,415,616.84) 0.00 0.00 0.00 0.00 0.00 0.00 (1,415,616.84)
Total Property & Equipment 0.00 0.00 0.00 929,417.82 0.00 0.00 0.00 0.00 0.00 0.00 929,417.82
Total Long-term Assets 0.00 0.00 0.00 929,417.82 0.00 0.00 0.00 0.00 0.00 0.00 929,417.82
Total Assets (293,631.41) 11,159.03 3,256,742.29 715,871.08 29,836.32 88,591.06 338,811.12 6,762.14 20,845.64 72,359.85 4,247,347.12
Liabilities
Short-term Liabilities
Accounts Payable
Accounts Payable - Main 30011 19,575.37 (379.68) 25,462.35 0.00 0.00 2,913.13 382.35 (61.75) 0.00 0.00 47,891.77
Health Insurance Premiums Payable 30035 619.49 (2,300.00) (633.49) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (2,314.00)
Total Accounts Payable 20,194.86 (2,679.68) 24,828.86 0.00 0.00 2,913.13 382.35 (61.75) 0.00 0.00 45,577.77
Other Short-term Liabilities
State Income Tax Withheld 33137 0.00 0.00 12.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12.00
Health Insurance Premiums Withheld 33165 0.00 185.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 185.00
Tithes Withheld 33195 50,062.12 0.00 (41,552.48) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8,509.64
MFB Withheld 33217 0.00 0.00 228.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 228.00
Contributions Withheld 33239 26.40 0.00 (9,046.04) 0.00 0.00 (20.00) 0.00 0.00 0.00 0.00 (9,039.64)
Accrued Leave Benefit Wages 35035 0.00 28,060.01 0.00 0.00 0.00 0.00 0.00 2,223.95 0.00 0.00 30,283.96
Funds Received in Error 35425 (2,189.00) 0.00 (150.00) 0.00 0.00 (1,058.19) 1,080.00 0.00 0.00 0.00 (2,317.19)
Total Other Short-term Liabilities 47,899.52 28,245.01 (50,508.52) 0.00 0.00 (1,078.19) 1,080.00 2,223.95 0.00 0.00 27,861.77
Total Short-term Liabilities 68,094.38 25,565.33 (25,679.66) 0.00 0.00 1,834.94 1,462.35 2,162.20 0.00 0.00 73,439.54
Long-term Liabilities
Long-term Liabilities
Mortgage WMM - Germany 48021 0.00 0.00 0.00 92,221.08 0.00 0.00 0.00 0.00 0.00 0.00 92,221.08
Mortgage WMM - Hungary 48023 0.00 0.00 0.00 143,003.79 0.00 0.00 0.00 0.00 0.00 0.00 143,003.79
Mortgage WMM - Ukraine 48025 0.00 0.00 0.00 153,303.14 0.00 0.00 0.00 0.00 0.00 0.00 153,303.14
Total Long-term Liabilities 0.00 0.00 0.00 388,528.01 0.00 0.00 0.00 0.00 0.00 0.00 388,528.01
Total Liabilities 68,094.38 25,565.33 (25,679.66) 388,528.01 0.00 1,834.94 1,462.35 2,162.20 0.00 0.00 461,967.55
Net Assets
Beginning Net Assets
Net Assets (85,633.52) (28,060.01) 3,289,929.23 295,661.63 29,836.32 101,655.28 381,988.53 (2,223.95) 7,222.24 77,340.15 4,067,715.90
Current YTD Net Income (276,092.27) 13,653.71 (7,507.28) 31,681.44 0.00 (14,899.16) (44,639.76) 6,823.89 13,623.40 (4,980.30) (282,336.33)
Total Net Assets (361,725.79) (14,406.30) 3,282,421.95 327,343.07 29,836.32 86,756.12 337,348.77 4,599.94 20,845.64 72,359.85 3,785,379.57
Total Liabilities and Net Assets (293,631.41) 11,159.03 3,256,742.29 715,871.08 29,836.32 88,591.06 338,811.12 6,762.14 20,845.64 72,359.85 4,247,347.12
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