Back to Public Benefit Organization

 

Financial Status 2017

 

Income-Expenditure 2017

Donations 110,290.06 EUR
Interest 0,00 EUR
Sum Income 110,290.06 EUR
Member Society Support 91,143.39 EUR
HSI Activities 6,515.14 EUR
Operational Costs 9,129.03 EUR
 Sum Expenditure 106,787.56 EUR
Deprecation 2,670.93 EUR
Annual Result 831.57 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.

Brief Explanation Income-Expenditure

The donations decreased by 20% compared to 2016, with a slight surplus at the end of the year.

Member Society Support was mainly given for the international Lighthouse Center in Poland (LCP), and to societies in Eastern Europe to support activities that conform to the purposes of HSI. In order to be able to comply with the General Data Protection Regulation (as of May 25th 2018) an consultancy agency was hired in order to make HSI compliant and give advice to the member societies.

The HSI Activities covered costs for workshops during the European Summer Retreat at LCP.

 

Balance sheet as of December 31, 2017

Immaterial Assets

0.00 EUR

Material Assets

3,786.26 EUR

Current Assets

71,291.29 EUR

Sum ASSETS

75,077.55 EUR

Contributed Capital

20,019.28 EUR

Retained Earnings

54,117.75 EUR

Annual Result

831.57 EUR

Sum CAPITAL

74,968.60 EUR

Liabilities

108.95 EUR

Sum LIABILITIES

75,077.55 EUR