Statement of Financial Position
Holy Spirit Catholic Church
As of December 31,2009 (Period 6)
ASSETS
Current Assets
Checking ‑ Capital
30,059.39
TOTAL Current Assets
30,059.39
Fixed Assets
Church and School
5,032,509.66
Capital Improvements
136,911.25
Furniture and Equipment
102,280.97
Rectory
151,089.73
TOTAL Fixed Assets
5,422,791.61
TOTAL ASSETS
5,452,851.00
LIABILITIES AND FUND BALANCES
Current Liabilities
Rectory Maintenance
2,151.96
Parish Art
22,782.32
TOTAL Current Liabilities
24,934.28
Long Term Liabilities
NOTES PAYABLE
DOW Loan Principal ‑ Church (734)
1,228,724.03
DOW Loan Principal ‑ Office (808)
1,428,202.77
DOW Loan Principal ‑ Subsidy (845)
16,740.45
DOW Balance ‑ 2006 Shortfall (2599)
9,000.00
RCS ‑ Accumulated Debt
130,000.00
TOTAL Long Term Liabilities
2,812,667.25
TOTAL Liabilities
2,837,601.53
Fund Balance
Net Activity
176,770.60
Ending Balance
2,615,249.47
Plant Fund
2,438,478.87
TOTAL Fund Balance
2,615,249.47
TOTAL Fund Balances
2,615,249.47
TOTAL LIABILITIES AND FUND BALANCES
5,452,851.00
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