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Financial Status 2018
|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|
|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