St. John of God finance information for OCTOBER 2024

In June 2024, the Archdiocese gave SJOG a $30,000 cash subsidy to help the parish pay the $15,000 balance owed for the 2023 Archdiocesan Annual Appeal (AAA) and an additional $15,000 to pay other parish expenses. On June 28, SJOG paid $15,000 to the Archdiocese as the final payment for the 2023 AAA

Even with the $30,000 of income from the Archdiocese, for the fiscal year ending June 30, 2024, SJOG had an operating deficit of $2,008. (i.e. The parish had a net loss of $2,008 for the 2024 Fiscal Year.)

For the current fiscal year of July 1, 2024 to June 30, 2025, the parish FY2025 fiscal year budgeted expenses are $226,000. This is an average monthly parish expense of $18,333.
    For July, August and September 2024, the Total SJOG Income from (all sources) is $48,464.
    For July, August & September 2024, the Total Budgeted Expense is $54,999.
    For the months of July, August and September 2024, SJOG has a deficit (i.e. LOSS) of $6,535 compared to the budget.

Thank you for your generosity. The parish needs monthly income of at least $18,333 in order to timely pay all of its vendor bills and the monthly salary of our priests and lay staff.
During July, August and September 2024, the parish did not meet its income goal. Any donations you can make to the parish are very much appreciated and are tax deductible.
You may make donations by placing cash or checks in the collection basket during Mass, by mailing checks to the office or by giving online at www.sjog.net/donate.

Note: The three months (July, Aug & Sept. 2024) income of $48,464 from all sources includes three monthly payments to SJOG of $4,974 per MONTH from the Archdiocese. These three Archdiocesan payments totaling $14,922 partially pay the salaries of Father Kabipi and Father Te for hospital ministry masses and the sacraments for patients at UCSF hospital.

The monthly budgeted expense includes all salaries of the priests and lay staff and an average monthly payment of $1,700 for the 2024 Archdiocesan Annual Appeal. The 2024 Archdiocesan Annual Appeal amount for SJOG is $20,212.

The St. John of God Finance Committee will periodically provide a snapshot like the one above so you are aware of the financial status of the parish.

Reported by the Finance Committee