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Financial Status 2019

Income-Expenditure 2019

Donations107,023.09 EUR
Sum Income107,023.09 EUR
Member Society Support82,641.98 EUR
HSI Activities8,948.55 EUR
Operational Costs9,908.17 EUR
 Sum Expenditure101,498.70 EUR
  
Deprecation2,355.94 EUR
  
Annual Result3,168.45 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

Member Society Support was mainly given for the international Lighthouse Center in Poland (LCP) and to member 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, as well as an annual weekend-meeting with representatives from the member societies. The yearly retreat, European Summer Retreat, at LCP was also supported.

 

Balance sheet as of December 31, 2019

Immaterial Assets

0.00 EUR

Material Assets

3,250.00 EUR

Current Assets

89,124.44 EUR

Sum ASSETS

92,374.44 EUR

Contributed Capital

20,019.28 EUR

Retained Earnings

69,026.95 EUR

Annual Result

3,168.45 EUR

Sum CAPITAL

92,214.68 EUR

Liabilities

159.76 EUR

Sum CAPITAL and LIABILITIES

92,374.44 EUR