Financial Status 2015
|Donations||128 877,69 EUR|
|Sum Income||128 877,69 EUR|
|Operational expenditure||69 990,66 EUR|
|Support (teams, centers, workshops, information events)||73 211,41 EUR|
|Direct Charity||1 841,32 EUR|
|Sum Expenditure||145 043,39 EUR|
|Annual Result||-16 165,70 EUR|
Remuneration Policy for Board Members
The board members of Holosophic Society International (HSI) work on a purely voluntary basis. Only reasonable expenses for travel and lodging occurred during work for HSI are reimbursed.
The board has appointed one senior administrator who received a wage, included in the operational expenditure.
Brief Explanation Income-Expenditure
The donations decreased slightly compared to 2014.
The main Operational Expenditures are expenses that enables the HSI to implement activities to inform and train member societies and their supporters.
It was important to continue to support the country societies enabling them to implement their activities. The support was mainly given to societies in Eastern Europe and the international Lighthouse Center® in Poland. The HSI board was happy to increase the support compared to 2014 as many new initiatives were taken in the countries.
The Direct Charity was the first charity initiative organized directly by the HSI supporting a refugee center in Munich (Germany).
Balance sheet as of December 31, 2015
|Immaterial assets||0,00 EUR|
|Material assets||1 430,41 EUR|
|Current assets||33 886,62 EUR|
|Sum ASSETS||35 317,03 EUR|
|Contributed Capital||20 019,28 EUR|
|Retained earnings||30 109,57 EUR|
|Annual result||-16 165,70 EUR|
|Liabilities||1 353,88 EUR|
|Sum LIABILITIES||35 317,03 EUR|