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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 |