CMC Financial Statements

CMC Financial Statements

2018 Financial

January thru December 2018
Income & Expense Report

Income        
  Conferences      
  2019 Confer. Registration 190,148.94    
  2018 Confer. Registration 8,557.50    
  2018 Confer. Bookstore 5,176.52    
  2018 Confer. Donations 4,906.67    
  2018 Tourist Excusions 3,718.00    
  Conferences   212,507.63  
  ********************** ******** **********  
  Donations      
  Supporting Members 69,676.04    
  Other Donations 4,064.47    
  Donations Total $73,740.51  
  ********************** ******** **********  
  Classes and Events      
  Online Classes 9,841.00    
  San Francisco Classes 4,032.00    
  S.F. Events 311.00    
  Classes and Events   14,184.00  
  ********************** ******** **********  
  Books and Products      
  On-Line (Not CA - No Tax) 2,701.22    
  On-Line (CA - Taxable) 654.30    
  Phone & Mail (CA - Taxable) 834.01    
  Phone & Mail (Not CA - No Tax) 754.23    
  Bookstore in S.F. (CA - Taxable) 202.06    
  Books and Products Total $5,145.82  
  ********************** ******** **********  
  Other Income      
  Advertising Sales 1,664.32    
  Shipping & Handling Income 1,168.12    
  Interest 736.09    
  Income - Misc. 526.49    
  MIr. Mon. Subscriptions 345.00    
  Rebates 176.25    
  Other Income Total $4,616.27  
  ********************** ******** **********  
  All Income Total $310,194.23  
  ********************** ******** **********  
  Cost of Goods Sold      
  Bookstore Item Purchases 9,052.18    
  Cost of Goods Sold Total ($9,052.18)  
  ********************** ******** ********** **********
  Income Grand Total $301,142.05
********** ********************** ******** ********** **********
Expenses        
  Conference      
  Boston Conf. 2019 Predicted 165,729.30    
  S.F. Conf. 2018 Predicted 14,294.39    
  S.F. Conf. Promo Credits 4,675.00    
  S.F. Conf. Tourist Excursions 4,224.29    
  Conference Total $188,922.98  
  ********************** ******** **********  
  Compensation      
  Rev. Kelly Hallock 24,200.00    
  Rev. Tony Ponticello 12,000.00    
  Teachers / Other 3,315.75    
  Office Support 2,728.24    
  Benefits / Insurance 1,368.00    
  Payroll Taxes 497.95    
  Compensation   $44,109.94  
  ********************** ******** **********  
  Fixed Expenses      
  Rent Paid 8,400.00    
  Credit Card Fees 7,367.93    
  Web Site / On-Line Fees 3,243.58    
  Licenses & Fees 2,353.42    
  Special Expenses 1,388.00    
  Depreciation 1,195.28    
  Utilities 765.38    
  Business Insurance 550.00    
  Bank Fees 472.72    
  Fixed Expenses Total $25,736.31  
  ********************** ******** **********  
  General Expenses      
  Copier / Printer Lease 4,967.07    
  Car 3,055.95    
  Postage 2,757.25    
  Supplies and Services 2,447.04    
  Sunday Gathering Expenses 1,644.43    
  Meals / Travel / Gifts 1,323.18    
  Expenses Misc. 30.00    
  General Expenses Total $16,224.92  
  ********************** ******** **********  
  Expenses Grand Total $274,994.15
********** ********************** ******** ********** **********
Income Remaining     $26,147.90

2017 Financial

January thru December 2017
Income & Expense Report

Income        
  Donations      
  Supporting Members 70,120.32    
  Other Donations 13,830.78    
  Donations Total $83,951.10  
  ********************** ******** **********  
  Classes and Events      
  2018 Confer.Registration 28,472.00    
  Classes 11,922.65    
  2016 Tourist Excusions 2,505.00    
  Events / Groups 1,126.55    
  Classes and Events   44,026.20  
  ********************** ******** **********  
  Books and Products      
  On-Line (Not CA - No Tax) 4,221.28    
  On-Line (CA - Taxable) 2,160.17    
  Phone & Mail (CA - Taxable) 847.37    
  Phone & Mail (Not CA - No Tax) 687.97    
  Bookstore in S.F. (Taxable) 286.09    
  Books and Products Total $8,202.88  
  ********************** ******** **********  
  Other Income      
  Shipping Income 1,438.05    
  Advertising Sales 1,123.50    
  Subscriptions 560.00    
  Rebate 247.00    
  Income - Misc. 186.01    
  Interest 24.91    
  Other Income Total $3,579.47  
  ********************** ******** **********  
  All Income Total $139,101.69  
  ********************** ******** **********  
  Cost of Goods Sold      
  Bookstore Item Purchases 6,657.96    
  Cost of Goods Sold Total ($6,657.96)  
  ********************** ******** ********** **********
  Income Grand Total $133,101.69
********** ********************** ******** ********** **********
Expenses        
  General Expenses      
  Conference 2018 25,136.20    
  Copier / Printer Lease 5,257.41    
  Car 3,941.33    
  Sunday Gathering Expenses 2,730.55    
  Supplies and Services 2,493.75    
  Tourist Excusions 2,296.00    
  Postage 2,254.50    
  Meals / Travel / Gifts 1,114.68    
  Expenses Misc. 424.30    
  General Expenses Total $45,648.72  
  ********************** ******** **********  
  Employees/Minister Comp.      
  Rev. Kelly Hallock 29,200.00    
  Rev. Tony Ponticello 12,000.00    
  Teachers / Other 2,509.75    
  Benefits / Insurance 1,571.75    
  Total Compensation   $45,281.50  
  ********************** ******** **********  
  Fixed Expenses      
  Rent Paid 8,400.00    
  Web Site / On-Line Fees 4,640.43    
  Credit Card Fees 4,206.37    
  Depreciation 1,952.88    
  Licenses & Fees 1,831.02    
  Business Insurance 1,037.00    
  Utilities 960.48    
  Bank Fees 387.60    
  Fixed Expenses Total $23,415.78  
  ********************** ******** **********  
  Special Lease Moving Expenses      
  Special Lease Moving Expenses 8,022.90    
  Special Lease Moving Expenses Total 8,022.90  
  ********************** ******** ********** **********
  Expenses Grand Total $122,368.90
********** ********************** ******** ********** **********
Income Remaining     $10,773.79

2015 Financial

January thru December 2015
Income & Expense Report

Income        
  Donations      
  Supporting Members 83,688.47    
  Other Donations 5,147.64    
  Donations Total $88,836.11  
  ********************** ******** **********  
  Books and Products      
  E-Mail Orders (Not CA) 4,649.69    
  E-Mail Orders (CA) 934,76    
  Mail & FAX Orders (Not CA) 1,731.94    
  Mail & FAX Orders (CA) 626.07    
  Conference Bookstore 8,976.54    
  Bookstore in S.F. 2,279.62    
  Wholesale Orders 186.15    
  Books and Products Total $19,384.77  
  ********************** ******** **********  
  Classes and Events      
  2015 Conference Donation 6,038.95    
  2016 Conference Registration 174,978.48    
  2015 Conference Registration 33,572.50    
  Classes 18,123.55    
  Events / Groups 622.00    
  Classes and Events Total $233,335.48  
  ********************** ******** **********  
  Other Income      
  Center Rental 3,300.00    
  Shipping Income 1,794.05    
  Subscriptions 155.00    
  Advertising Sales 572.00    
  Refresh. / Candles 11.00    
  Income - Misc. 587.42    
  Other Income Total $6,419.47  
  ********************** ******** ********** **********
  Income Grand Total $347,975.83
********** ********************** ******** ********** **********
Expenses        
  Employees/Minister Comp.      
  Rev. Tony Ponticello 33,527.00    
  Rev. Heather Holmes 22,955.50    
  Benefits / Insurance 2,205.75    
  Private Contractors 13,334.63    
  Compensation - Rev. Kelly 1,250.00    
  Total Compensation   $73,272.88  
  ********************** ******** **********  
  Fixed Expenses      
  Rent Paid 25,040.84    
  Utilities 9,349.6    
  Credit Card Fees 8,011.04    
  Business Insurance 2,221.59    
  Licenses & Fees 1,723.50    
  Depreciation 1,379.30    
  On-Line Fees 2,238.25    
  Fixed Expenses Total $49,964.12  
  ********************** ******** **********  
  General Expenses      
  Conference 2016 147,600.83    
  Conference 2015 36,217.96    
  Copier / Printer Lease 10,757.78    
  Purchases - Books 17,171.59    
  Presenter's Boo 367.44    
  Supplies and Services 10,789.96    
  Postage 3,000.35    
  Car 3,146.56    
  Expenses Misc. 185.25    
  Meals / Travel / Gifts 1,011.20    
  General Expenses Total $230,248.92  
  ********************** ******** ********** **********
  Expenses Grand Total $353,485.92
********** ********************** ******** ********** **********
Income Overspent     ($5,510.09)

2016 Financial

January thru December 2016
Income & Expense Report

 Conf. Tourist 20167,277.59  
Income        
  Donations      
  Supporting Members 72,430.75    
  Other Donations 6,944.51    
  2016 Conf. Donations 3,899.48    
  Donations Total $83,234.74  
  ********************** ******** **********  
  Books and Products      
  2016 Confer. Bookstore 10,541.67    
  E-Mail Orders (Not CA) 2,845.63    
  E-Mail Orders (CA) 718.42    
  Mail & FAX Orders (Not CA) 871.76    
  Mail & FAX Orders (CA) 776.15    
  Bookstore in S.F. 1,408.72    
  Wholesale Orders 103.15    
  Books and Products Total $17,265.50  
  ********************** ******** **********  
  Classes and Events      
  2018 Confer.Registration 86,044.50    
  2016 Tourist Excusions 7,098.00    
  2016 Confer. Registration 19,178.91    
  Classes 14,336.25    
  Events / Groups 2,416.00    
  Classes and Events   129,073.66  
  ********************** ******** **********  
  Other Income      
  Center Rental 2,251.75    
  Shipping Income 1,068.33    
  Subscriptions 280.00    
  Advertising Sales 576.00    
  Refresh. / Candles 68.45    
  Interest 2.62    
  Rebate 684.36    
  Sale of Furn. / Asset Inc. 2,930.09    
  Income - Misc. 245.87    
  Other Income Total $8,107.47  
  ********************** ******** ********** **********
  Income Grand Total $237,681.37
********** ********************** ******** ********** **********
Expenses        
  Employees/Minister Comp.      
  Rev. Kelly Hallock 31,250.00    
  Rev. Tony Ponticello 22,469.00    
  Benefits / Insurance 1,904.98    
  Private Contractors 11,269.37    
  Total Compensation   $66,893.35  
  ********************** ******** **********  
  Fixed Expenses      
  Rent Paid 39,120.42    
  Utilities 8,058.81    
  Credit Card Fees 5,271.12    
  Business Insurance 2,310.00    
  Licenses & Fees 1,356.05    
  Depreciation 1,024.92    
  On-Line Fees 3,814.22    
  Fixed Expenses Total $60,955.54  
  ********************** ******** **********  
  General Expenses      
  Conference 2018 73,265.33    
  Conference 2016 25,855.52    
  Confer. Tourist 2016 7,277.59    
  Copier / Printer Lease 8,031.93    
  Purchases - Books 12,676.34    
  Supplies and Services 6,743.97    
  Postage 1,802.28    
  Car 2,228.38    
  Expenses Misc. 77.69    
  Meals / Travel / Gifts 1,939.08    
  General Expenses Total $139,898.11  
  ********************** ******** ********** **********
  Expenses Grand Total $267,747.00
********** ********************** ******** ********** **********
Income Overspent     ($30,065.63)

2014 Financial

January thru December 2014
Income & Expense Report

Income        
  Donations      
  Supporting Members 75,642.96    
  Other Donations 3,345.02    
  Donations Total $78,987.98  
  ********************** ******** **********  
  Books and Products      
  E-Mail Orders (Not CA) 5,720.13    
  E-Mail Orders (CA) 1,324.50    
  Mail & FAX Orders (Not CA) 1,753.66    
  Mail & FAX Orders (CA) 1,160.45    
  Bookstore in S.F. 2,195.67    
  Wholesale Orders 546.05    
  Books and Products Total $12,700.46  
  ********************** ******** **********  
  Classes and Events      
  2013 Conference Registration 189,713.00    
  Classes 20,196.44    
  MOLDG 25.00    
  Events / Groups 272.00    
  Classes and Events Total $210,206.44  
  ********************** ******** **********  
  Other Income      
  Center Rental 4,140.00    
  Shipping Income 2,302.74    
  Subscriptions 706.00    
  Advertising Sales 736.00    
  Refreshments / Candles etc. 24.00    
  Income - Misc. 457.00    
  Other Income Total $8,365.74  
  ********************** ******** ********** **********
  Income Grand Total $310,260.62
********** ********************** ******** ********** **********
Expenses        
  Employees/Minister Comp.      
  Rev. Tony Ponticello 27,513.25    
  Rev. Heather Holmes 32,790.22    
  Benefits / Insurance 2,079.70    
  Private Contractors 10.444.00    
  Total Compensation   $72,828.17  
  ********************** ******** **********  
  Fixed Expenses      
  Rent Paid 24,275.49    
  Utilities 6,568.57    
  Credit Card Fees 5,296.82    
  Business Insurance 1,621.00    
  Licenses & Fees 1,117.71    
  Depreciation 870.60    
  On-Line Fees 2,052.07    
  Fixed Expenses Total $41,802.26  
  ********************** ******** **********  
  General Expenses      
  Conference 2015 152,048.80    
  Copier / Printer Lease 9,098.14    
  Purchases - Books 10,191.88    
  Supplies and Services 5,274.19    
  Postage 3,176.32    
  Royalties 23.62    
  Car 1,462.91    
  Expenses Misc. 2.00    
  Meals / Travel / Gifts 857.00    
  General Expenses Total $182,134.86  
  ********************** ******** ********** **********
  Expenses Grand Total $296,764.29
********** ********************** ******** ********** **********
Income Remaining     $13,496.33