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The form guides applicants in estimating and listing both non-cash donations (donated materials and services such as sisters’ labor, volunteer labor, food, and classroom use) and cash revenue/income (donations, grants, subsidies, sales, loans, and savings interest). 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Use a comparable cost you would have paid to obtain the same services or space.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"Which cash income sources belong in the Cash Revenue/Income section?",{"text":113,"@type":109},"Include money donated, granted, or loaned to the project and money generated by the project, such as congregation support, foundation grants, government subsidies, donations, sales of crafts and poultry, bank loans, and interest from savings.",{"name":115,"@type":106,"acceptedAnswer":116},"How are grand totals and deficits handled?",{"text":117,"@type":109},"GOapply subtracts total expenses from total income and lists the balance for each year. If operating at a deficit (loss), explain the corrective actions; if no deficit, enter N/A. Recurring accumulated deficits may indicate the project is not sustainable.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},241549,1790162790,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":20,"category_name":21,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":79,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":9,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":4},1374391974468,"https://ap-avatar.wpscdn.com/davatar_29158cc5080c5b710cf443261637dec0","Supporting the apostolic works of Catholic sisters worldwide  \nRevenue/Income & Expense Report  \n\n| We expect every applicant to provide revenue/income and expense reports for her project , even when that project is sustained primarily or even exclusively by volunteer labor and in-kind donations. In such cases, you may have to think about your project in a way you normally do not. Here are some suggestions: |  |  |  |  |  |  |  |\n| --- | --- | --- | --- | --- | --- | --- | --- |\n|  |  |  |  |  |  |  |  |\n| NON-CASH INCOME/EXPENSES (Estimated value of Donated Materials & Services)\u003Cbr>This section estimates the value of non-monetary donations. For example, if sisters or others volunteer their time, estimate what you would have to pay someone to do the same work. If a diocese or parish allows you to use one of their rooms rent-free, input what anyone would be charged to rent that space. If you receive donations of food and medicine, estimate what it would have cost you to purchase them on the open market.\u003Cbr>CASH REVENUE/INCOME \u003Cbr>This section itemizes the money that has been donated, granted or loaned to the project. Also include the money that the project generates for itself.\u003Cbr>\u003Cbr>GRAND TOTALS\u003Cbr>GOapply will automatically subtract the total expenses from the total income and list the\u003Cbr>balance for each year. ~~ ~~\u003Cbr>If you are operating at a deficit (loss) , please explain what corrective actions you will take in the field provided. If there is no deficit, enter N/A.\u003Cbr>NOTE: Accumulated deficits that recur annually show that the project may not be sustainable and may be detrimental to the whole program. | |  |  |  |  |  |  |\n|  |  | FISCAL YEARS: | Last Year Actual\u003Cbr>(U.S. dollars) |  | This Year Projected (U.S. dollars) |  | Next Year Projected (U.S. dollars) |\n|  |  | \u003Cbr>IMPORTANT: Do not add commas and dollar signs.The symbols\u003Cbr>prevent the amounts from adding up correctly.\u003Cbr>Subtotals and Totals will be automatically calculated , and include commas and dollar signs. |  |  |  |  |  |\n|  |  | Non-Cash Income/Expenses (Estimated value of Donated Materials & Services) |  |  |  |  |  |\n|  |  | Sisters’ Labor* |  | 20000 |  | 25000 | 25000 |\n|  |  | Volunteer Labor* |  | 10000 |  | 12500 | 20000 |\n|  |  | Food** |  | 5000 |  | 5000 | 6000 |\n|  |  | Classroom** |  | 3000 |  | 3500 | 3500 |\n|  |  | Non-Cash Income/Expenses Subtotal |  | $38,000 |  | $46,000 | $54,500 |\n|  |  | INCOME |  |  |  |  |  |\n|  |  | Cash Revenue/Income |  |  |  |  |  |\n|  |  | Congregation |  | 5000 |  | 1500 | 2000 |\n|  |  | Foundation Grants *(DO NOT INCLUDE GRANT FROM HILTON FUND FOR SISTERS) |  | 10000 |  | 10000 | 10000 |\n|  |  | Government Subsidies |  | 5000 |  | 6500 | 10000 |\n|  |  | Donations |  | 0 |  | 5000 | 5000 |\n|  |  | Sale of Crafts & Poultry |  | 2000 |  | 2500 | 3000 |\n|  |  | Bank Loan |  | 500 |  | 0 | 0 |\n|  |  | Interest from Savings Account |  | 0 |  | 20 | 30 |\n|  |  | Cash Income Subtotal |  | $ 22,500 |  | $ 25,520 | $ 30,030 |\n|  |  | TOTAL INCOME\u003Cbr>(Non-Cash + Cash Income) |  | $ 60,500 |  | $ 71,520 | $ 84,530 |\n|  |  | EXPENSES |  |  |  |  |  |\n|  | |  |  |  |  |  |  |\n|  |  | Cash Expenses *(DO NOT INCLUDE HILTON FUND FOR SISTERS GRANT BUDGET EXPENSES) |  |  |  |  |  |\n|  |  | Staff Salaries |  | 15000 |  | 25000 | 25000 |\n|  |  | Utilities |  | 1500 |  | 2000 | 2000 |\n|  |  | Transportation Costs |  | 1000 |  | 1500 | 1000 |\n|  |  | School Supplies |  | 500 |  | 850 | 850 |\n|  |  | Loan Repayment + Interest on Loan |  | 140 |  | 100 | 100 |\n|  |  | Cash Expenses Subtotal |  | $ 18140 |  | $ 29,450 | $ 28,950 |\n|  |  | TOTAL EXPENSES\u003Cbr>(Non-Cash + Cash Expenses) |  | $ 56,140 |  | $ 75,450 | $ 83,450 |\n|  |  | GRAND TOTALS\u003Cbr>(Total Income minus Total Expenses) |  | $ 4,360 |  | ($ 3,930) | $ 1,180 |\n|  |  |  |  |  |  |  |  |","cbCaivSUdpWOQOW4","https://ap.wps.com/l/cbCaivSUdpWOQOW4","pdf",240129,"English","# Non-Cash Income/Expenses\n## Estimated value of donated materials and services\n# Cash Revenue/Income\n## Itemized cash sources\n# Grand Totals and Deficit Explanation\n## Total income minus total expenses\n## Corrective actions for deficits","[{\"question\":\"What non-cash items should be estimated in this report?\",\"answer\":\"Estimate the value of non-monetary donations, such as sisters’ labor, volunteer labor, donated food, and classroom use. Use a comparable cost you would have paid to obtain the same services or space.\"},{\"question\":\"Which cash income sources belong in the Cash Revenue/Income section?\",\"answer\":\"Include money donated, granted, or loaned to the project and money generated by the project, such as congregation support, foundation grants, government subsidies, donations, sales of crafts and poultry, bank loans, and interest from savings.\"},{\"question\":\"How are grand totals and deficits handled?\",\"answer\":\"GOapply subtracts total expenses from total income and lists the balance for each year. If operating at a deficit (loss), explain the corrective actions; if no deficit, enter N/A. Recurring accumulated deficits may indicate the project is not sustainable.\"}]","GOapply - Revenue/Income & Expense Report Sample - June 2025 Update - Edited | PDF",1789177375]