Below you will find our Financial Report of 2012 and our projections for 2013. Under the header ‘Income’, is the total sum of donations you very generously gave or which you made via your centre for us in 2012, and the support we are hoping to receive in 2013. The ‘Expense’ part shows what we did with these contributions (or are planning to do). As you can see the donations are amongst others used for maintenance, scholarships and renovation.
Generally expenses in 2013 are somewhat higher due to increased cost of living. We had to adjust our personnel budget according to the legal requirements we received last year. We also added a few more paid assistant positions for our core departments, which will provide more stability and continuity which volunteers generally cannot provide.
We expect stable revenue from Shambhala programmes and from the various public retreats that we are hosting which will allow us to cover most of the operational costs. Thanks to your ongoing support we are able to continue our renovation projects on the Chateau and the surrounding buildings like the Gardener’s house and landscaping improvements around the property. We invested in our technology equipment as well as into tools for the garden. We are also able to support a number of students with scholarships this year.
Please help us by making a donation, so we can keep Dechen Chöling thriving. Thank you very much!
|Room and board||280.500|
|Donations and int. contributions||175.000|
|Programme costs (including food)||327.265|
|Personnel costs (salaries)||322.884|
|Budget other departments||108.105|
|Further expenses (maintenance, utilities, tax)||144.000|
|Loan repayment (renovation Chateau/Drala Hall)||23.000|
We had a positive cash flow of 13.353 Euro at the end of the year. Deducting depreciation of 72.000 Euro, the final result was - 58.647 Euro.
|Room and Board||350.000|
|Donations and int. contributions||119.400|
|Programme costs (including food)||295.000|
|Personnel costs (salaries)||359.500|
|Budget other departments||133.015|
|Further expenses (maintenance, utilities, tax)||131.900|
|Loan repayment (renovation Chateau/Drala Hall)||20100|
We project to finish 2013 with a cash flow of 38885 Euro. Deducting depreciation of 95.000 Euro, the expected final result is -36015 Euro.
For specific questions please contact the finance department at firstname.lastname@example.org.
To generous souls every task is noble.