St. Francis by the Sea Catholic Church
			Church Statistics									School Statistics
			Year-end Statement of Assets and Liabilities @ June 30, 2005
Assets:
	Current Assets:								Assets:
		Cash and Checking Accounts		$139,815	1.4%					Current Assets:
		Investments & Savings Accounts		655,212	6.6%						Cash and Checking Accounts		$69,306	18.5%
			Total Current Assets	795,027	8.0%						Investments & Savings Accounts		72,441	19.3%
	Fixed Assets:										Tution Fees Receivable		17,830	4.8%
		Land, Buildings & Equipment		9,116,211	92.0%							Total Current Assets	159,577	42.5%
			Total Assets	9,911,238	100%					Fixed Assets:
Liabilities:											Land, Buildings & Equipment		215,490	57.5%
	Current Liabilities:											Total Assets	$375,067	100%
		Loans & Accounts Payable		112,210	1.1%				Liabilities:
			Total Current Liabilities	112,210	1.1%					Current Liabilities:
	Equity:										Advanced Tuition & Regis. Fees		145,095	38.7%
		Restricted Endowments (BSA)		41,245	0.4%					Equity:
		Prior Year Fund Balance		9,550,526	96.4%						Prior Year Fund Balance		163,648	43.6%
		Net Income		207,257	2.1%						Net Income		66,324	17.7%
			Total Equity	9,799,028	98.9%							Total Equity	229,972	61.3%
			Total Liabilities & Equity	9,911,238	100%							Total Liabilities & Equity	$375,067	100%
			Year-end Statement of  Revenue & Expenses @ June 30, 2004
Revenue:									Revenue:
		Regular Collections		1,227,440	80.8%						Tuition & Other Fees		$735,985	65.9%
		Other Ordinary Income		56,846	3.7%						Church - Tuition Assistance		87,100	7.8%
		Repair & Replacement Fund		21,244	1.4%						Parish Subsidies		160,400	14.4%
		Religious Education Fees		10,670	0.7%						Gifts - Unrestricted		93,077	8.3%
		Christian Service  &  Justice		31,347	2.1%						Fund Raising		20,873	1.9%
		Columbarium Sales		59,370	3.9%						Miscellaneous Revenue		19,582	1.8%
		Diocesan Collections		28,292	1.9%
		Grant Funds & Fees Received		83,027	5.5%							Total Revenue	1,117,017	100%
			Total Revenue	1,518,236	100%				Expenses:
Expenses:											Salaries & Benefits		795,049	75.7%
	Diocesan Obligations:										Other Admin. & Instruct. Exp.		135,476	12.9%
		Annual Assessment		131,936	10.1%						Maintenance Expense		64,727	6.2%
		Diocesan Collections		28,292	2.2%						Library & Media		15,030	1.4%
		Catholic Miscellany		26,868	2.0%						Student Activity		21,705	2.1%
			Sub-total	187,096	14.3%						Extended Day Care		18,706	1.8%
	Outreach Programs:											Total Expenses	1,050,693	100%
		School Subsidy & Tuition Assist.		139,835	10.7%							Net Surplus	$66,324	5.9%
		Ministries		178,652	13.6%
		Religious Education		102,651	7.8%							Thrift Shop
		Charitable Disbursements		63,222	4.8%				Revenue
			Sub-total	484,360	36.9%						Sales		483,044	99.5%
	Operating Expense:										Interest		2,601	0.5%
		Salaries & Benefits		339,138	25.9%							Total Revenue	485,645	100%
		Church & Rectory		167,229	12.8%				Expenses
		Other Administrative Expense		54,759	4.2%						Rent, Utilities, Insurance, etc.		152,504	37.3%
		Operation & Maintenance		78,397	6.0%						Salaries & Benefits		55,923	13.7%
			Sub-total	639,524	48.8%						Grants		200,000	49.0%
			Total Expenses	1,310,979	100%							Total Expenses	408,427	100%
			Net Surplus	$207,257	14%							Net Surplus	$77,218	16%
			Regular Collections	1,227,440	81%							Tuition & Other Fees	735,985	66%
			Other Ordinary Income	56,846	4%							Parish Support	247,500	22%
			Restricted Funds	233,950	15%							Other Income	133,532	12%
			Total	1,518,236	100%							Total	1,117,017	100%
			Diocesan Obligations	187,096	14%							Salaries & Benefits	795,049	76%
			Outreach Programs	484,360	37%							Other Admin.& Instruct. Exp.	135,476	13%
			Operating Expense	639,524	49%							Misc. Other Expense	120,168	11%
			Total	1,310,980	100%							Total	1,050,693	100%
												Thrift Shop
												Revenue
												Sales	483,044
												Interest	2,601
												Total	485,645
												Expense
												Rent, Utilities, Insurance	152,504
												Salaries & Benefits	55,923
												Grants	200,000
												Total	408,427
												Net Surplus	77,218