Financial Status 2012
|Donations||144 165,21 EUR|
|Sum Income||144 176,94 EUR|
|Operational expenditure||87 181,95 EUR|
|Support (teams, centers, workshops, information events)||67 039,82 EUR|
|Event Euro Retreat (rest 2011)||76,20 EUR|
|Sum Expenditure||154 297,97 EUR|
|Annual Result||-10 121,03 EUR|
Remuneration Policy for Board Members
The board members of 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
Donations increased compared to 2011. It was important for the growth of the work of the HSI to increase the support for activities, even though the HSI donations alone could not cover the increase. The support for activities increased by 25% over 2011, mainly in Eastern Europe and to Lighthouse Center® Poland.
Operating expenses were reduced compared to 2011, mainly expenses relating to legal advice.
Balance sheet as at 31st December 2012
|Immaterial assets||336,21 EUR|
|Material assets||8 641,53 EUR|
|Current assets||88 126,24 EUR|
|Sum ASSETS||97 103,98 EUR|
|Fiscal year beginning||20 019,28 EUR|
|Retained earnings||87 008,83 EUR|
|Annual result||-10 121,03 EUR|
|Sum LIABILITIES||97 103,98 EUR|