This is what it costs to run a circuit.

by hoser 7 Replies latest jw friends

  • hoser
    hoser

    I found this on the Canada Revenue Agency website.

    D2 Summary of financial position:
    Using the charity's own financial statements, provide the following:
    Does the charity own land and/or buildings?4050No
    Total assets (including land and buildings)4200$ 8,224
    Total liabilities4350
    Did the charity borrow from, loan to, or invest assets with any non-arm's length parties?4400No
    D3 Revenue:
    Did the charity issue tax receipts for donations?4490Yes
    If yes, what is the total eligible amount of all donations for which the charity issued tax receipts (except enduring property).4500$ 6,265
    Total amount received from other charities (excluding specified gifts and enduring property)4510
    What is the total amount for all other donations received for which a tax receipt was not issued by the charity? (excluding amounts at lines 4575 and 4630)4530
    Did the charity receive any revenue from any level of Canadian government?4565No
    If yes, total amount received4570
    Total non tax-receipted amounts from all sources outside Canada (government and non-government)4575
    Total non tax-receipted amounts from fundraising4630
    Total revenue from sale of goods and services (except to any level of Canadian government)4640
    Other amounts not already included in the amounts above4650$ 34
    Total revenue (Add lines 4500 through 4650)4700$ 6,299
    D4 Expenditures:
    What was the charity's total expenditure on professional and consulting fees?4860
    What was the charity's total expenditure on travel and vehicles?4810$ 333
    All other expenditures not already included in the amounts above4920$ 47
    Total expenditures (excluding gifts to qualified donees) (Add lines 4860+4810+4920).4950$ 380
    Of the total amount at line 4950:
    a) How much did the charity spend on charitable programs?5000
    b) How much did the charity spend on management and administration?5010
    Total amount of gifts (excluding specified gifts) made to all qualified donees.5050$ 11,256
    Total amount of specified gifts made to qualified donees.5070
    Total expenditures (Add lines 4950 and 5050 + 5070)5100$ 11,636

    line 4950 shows it all it cost $380.00 to run the circuit for the whole YEAR

    I wonder how much they told us it cost?

    notice line 5050 they sent $11256 to the wt$

  • Balaamsass
    Balaamsass

    Is this the printer ink cost for the Circuit Overseer? LOL !

  • Found Sheep
    Found Sheep

    interesting????

  • edmond dantes
    edmond dantes

    Religion is a snare and a racket the only thing the Judge got right.

  • hoser
    hoser

    I'm not near to this circuit but I should take note of the expenses reported at my own SAD and CA and then cross check them with what they report on their taxes for the year.

    Revenue Canada might be interested too!

  • Found Sheep
    Found Sheep

    so where does the money go?

  • darth frosty
  • hoser

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