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Financial Status 2018

Income-Expenditure 2018

Donations 118,543.50 EUR
Sum Income 118,543.50 EUR
Member Society Support 85,596.17 EUR
HSI Activities 6,361.58 EUR
Operational Costs 9,609.99 EUR
 Sum Expenditure 101,567.74 EUR
   
Deprecation 2,898.13 EUR
   
Annual Result 14,077.63 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 increased by 7% compared to 2017 and expenses decreased with 5%, giving a 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. The work with the GDPR continued with a consultancy agency and advice was given to the member societies.

The HSI Activities covered costs for HSI workshops held at LCP.

 

Balance sheet as of December 31, 2018

Immaterial Assets

0.00 EUR

Material Assets

5,605.94 EUR

Current Assets

83,577.74 EUR

Sum ASSETS

89,183.68 EUR

Contributed Capital

20,019.28 EUR

Retained Earnings

54,949.32 EUR

Annual Result

14,077.63 EUR

Sum CAPITAL

89,046.23 EUR

Liabilities

137.45 EUR

Sum LIABILITIES

89,183.68 EUR