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, 2022.

REVENUES National Collections Contributions Grants, Bequests, and Other

$23,354,031 $250,000 $1,726,209 $25,330,240

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

$8,513,509 $444,331 $285,539

91.28% 4.76% 3.06%

Program Costs

Promotions and Fundraising Expenses

Administrative Expenses

$82,374

.88% .02%

Allocations-Internal Grants**

$959

Total Expenses

$9,326,712 $9,325,753 $8,514,468

100%

Total Expenses, Excluding Internal Grants

Total Grants & Donations, Including Internal Grants

91.28% 4.76% 3.06%

.88% .02%

TOTAL EXPENSES

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

$16,003,528

($5,871,284) $10,132,244 $10,671,205 $20,803,449

Changes in Net Assets

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

*Grants approved in 2022 totaled $8,522,439. Grants and donations in 2022 totaled $8,514,468, which includes payments and write-offs to grants approved in 2022 and prior years. **Includes donation to Catholic Media Council and small fund transfers credited to the collection.