Reformed Presbyterian Minutes of Synod 1993

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102 1993 MINUTES OF THE SYNOD OF THESIWORT»KVD«R. P. h. t ».Other CNtrlbutioaftyirotttiIwattiK iicaeSila «f publicitiai. etc.Initio*, fen ud WMBtntiNet ah u iwatait triaictionMil iicoaOther UecuWLWSkStloia nd agnPealoaPrabrtery lidaltUuKe ud euppllaPat**FurolUire ud ewlpentfubllcitloa ul boobTrialFieldUtil it inHaplUllutlMSociil aorrltylauructProperty tuuOther beard etptNMGrutsMicilUaoiaOtprKiitlNTOW.Truslas of the Snod of the Refoned PrMbrterlu Chireh of North AmtIciSTMDENT KSTRICTED0 -145,672108,130--•263,00257,780-7,2581*2- 1567*3-1*85,4264,4201.636-50,00021,962-158.4900 286,629110,789102,081333,47756,086219,03523,46736*1115*11*4*4626*3206,449121,77521,9039,7191,08761,61150,960100,63234,45943,02312,74629*711,30616,53420,000124,862-1*1,9750 --7*4-•1,624- -9*8-- --•--- •- --8*26,272PROPERTYMWHmHNEXPODMtlEU0KM0 0 ---- -•---- --------------30,59930,59696,312 ( 107,109) 1,016 ( 30.698)WITAOTITMSNh all a iwattnt truuctioaCMtrtbutloaiwrOTKjEiitafwsFra wdaigated for dnlgutid ictivltin ( 112,813) 112*3Fra unrestricted ud uidaigated for eaiipmtud building Kwleltloa( 2,564)2,564Fra restricted ud eriowelt te wratricted41,500dnlatted( 16,346) 1,613,701 28,476 204,646FudFindBiUkmBilucu(Deficits)(Deficits) itItBeolaitjEld of Yetrof Yen0( 32*7) 01,456*1 0 29,491 0 176,514Iti iccanwilt nta ire u lfegril put of the ftuaiil stitaoits.385*4( 41,600)4*1,494« 4,436,248TOT*M§0 285*9110.78)247,753449*156,006219,03525,09110,801115*11,547,956564,343204*9121,77529,1619,9411,00761,46750,103100*135*746*017,14630,75311,30516,63170,000155,13430,5401*9,315
REFORMED PRESBYTERIAN CHURCH 103SWARTC. IZENSON 9 ASSOCIATES,r.Trustees of the Synod of the ReformedPresbyterian Church of North AmericaNOTES TO FINANCIAL STATEMENTSNOTE 1 - SUMARY OF SIGNIFICANT ACCOUNTING POLICIESGeneral - The financial statements of the Trustees of the Synod of the ReformedPresbyterian Church of North America (the "Trustees"), a non-profitcorporation organized in Pennsylvania, have been prepared on the accrualbasis of accounting.Basis of Presentation - The Synod is the highest court in the denominationknown as the Reformed Presbyterian Church of North America. The Trusteeshold title to property and are responsible to the Synod for managing andreporting on the financial condition of the denomination. The financialactivities are accomplished through various boards and committees of theSynod. Congregations and domestic and foreign missions are sanctioned bythe Synod through such boards and six regional Presbyteries. The accompanyingfinancial statements include the assets, liabilities, fund balancesand financial activities of the Trustees and of the Synod's various boardsand committees.Although sanctioned by the Synod, congregations and mission churches (domesticand foreign) of the Reformed Presbyterian Church of North America do nothave financial accountability to the Trustees. Accordingly, the assets,liabilities, fund balances and financial activities of such organizationsare not Included in the accompanying financial statements, although theTrustees hold title to certain assets of active and Inactive domesticmissions and congregations and ln foreign mission fields. Periodically,certain of these assets, to which the Trustees hold title, are sold. Proceedsfrom the sale of such assets are recorded at the time of disposition.Further, funds disbursed ln support of domestic and foreign mission fieldsare charged to expense in the accompanying financial statements.Funds - The accounts of the Tmstees are classified for accounting purposesinto funds, established according to their nature and purpose. These accounts(or individual funds) have been grouped in the accompanying financialstatements in accordance with certain characteristics as explainedbelow.Expendable funds - operating, consisting of the following:Undesignated funds, representing expendable unrestricted funds which areavailable, at the discretion of the Synod, for support of any operations,functions or other matters.Designated funds, representing expendable unrestricted funds which havebeen designated by the Synod, through the establishment of various boards,for investment in and support of a particular purpose or program. Revenue:earned from investment of such funds also are designated for use.Restricted funds which have been designated by donors, grantors or otheroutside parties for support of particular purposes.
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DIRECTORYOF THER E F O R M E D PRES
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REFORMED PRESBYTERIAN CHURCH 191Ref
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REFORMED PRESBYTERIAN CHURCH 193Mem
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REFORMED PRESBYTERIAN CHURCH 195Phi
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REFORMED PRESBYTERIAN CHURCH 211ROS
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REFORMED PRESBYTERIAN CHURCH 213Cen
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REFORMED PRESBYTERIAN CHURCH 219Min
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REFORMED PRESBYTERIAN CHURCH 221Cle
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REFORMED PRESBYTERIAN CHURCH 225ROS
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Totak.Allantk64.82924,0003123598433
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STATISTICAL REPORT. FINANCESr31,199
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Total Balance Other Pastor'sDisb. 1
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REFORMED PRESBYTERIAN CHURCH 255Sem
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Reformed Presbyterian Minutes of Synod 1993

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