Financial Status 2014
|Donations||133 124,28 EUR|
|Sum Income||133 125,46 EUR|
|Operational expenditure||114 203,89 EUR|
|Support (teams, centers, workshops, information events)||23 186,55 EUR|
|Sum Expenditure||137 390,44 EUR|
|Annual Result||-4 264,98 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.
The board has appointed one senior administrator who is receiving a wage.
Brief Explanation Income-Expenditure
The donations increased compared to 2013.
It was important to continue to support the activities in the country societies. The support was mainly given to societies in Eastern Europe. The amount was reduced compared to 2013, mainly as the support to Lighthouse Center® Poland could be reduced.
Funds were donated to local country societies to support charity activities in Bulgaria and Lighthouse Center® Poland.
Balance sheet as of December 31, 2014
|Immaterial assets||0,00 EUR|
|Material assets||3 183,65 EUR|
|Current assets||47 221,65 EUR|
|Sum ASSETS||50 405,30 EUR|
|Contributed Capital||20 019,28 EUR|
|Retained earnings||34 374,55 EUR|
|Annual result||– 4 264,98 EUR|
|Sum LIABILITIES||50 405,30 EUR|