CCEE-Annual-Report

COLLECTION FOR THE CHURCH IN CENTRAL AND EASTERN EUROPE Statement of Revenues, Expenses, and Other Changes in Net Assets for the Year Ending December 31, 2023.

REVENUES National Collections Contributions

$9,189,619 $256,566

Income on Investments Total Revenue (Sum) EXPENSES Grants and Donations*

$9,446,185

$8,757,016 $501,586 $312,553

90.60% 5.19% 3.23% 0.97% 100%

Program Costs

Promotions and Fundraising Expenses

Administrative Expenses

$94,108

Total Expenses

$9,665,263 $8,757,016

Total Grants & Donations

90.60 % 5.19% 3.23% 0.97%

TOTAL EXPENSES

Changes in Net Assets from Operations Non-Operating Activities: Unrealized Gain on Investments

($219,078)

$3,372,576 $3,153,498 $20,803,449

Changes in Net Assets

Net Assets at the Beginning of the Year Net Assets at the End of the Year

$23,956,947

Grants approved in 2023 totaled $8,755,833. Grants and donations in 2023 totaled $8.757,016, which includes payments and write-offs to grants approved in 2023 and prior years.