Subject: Workplan of IFCSS (1994-95): Part 2 of 4 (Budget)

From: hq (IFCSS Headquarter)
Date: Sat, 24 Sep 94 15:48:28 CDT

To:  IFCSS Council
>From: Dr. Ning Luo, President, IFCSS
Subject: Working Plan of IFCSS (1994-1995) (Part 2 of 4)
Date: September 24, 1994

Dear Council members:

     Please find the second part of the Working Plan of IFCSS for 
the Sixth Term (the budget) for the approval of the Council.

     Please send me your comments and suggestion at your earliest
convenience.

     Thank you.

Sincerely,

Luo Ning (signed)
=================================================================

                           WORKING PLAN OF IFCSS

                                (1994-1995)

                                  (1994-1995) 

(Part 2 of 4)

Budget for FY1994-1995:              

     The budget for this term is listed together with the actual
figures for the last two terms.  The budget for the last two terms can
be retrieved via ftp from ifcss.org.

     In order to streamline the operations of IFCSS, expenses for most
items in HQ, Council and Supervisory Committee have been reduced in
spite of inflationary.

     Several Working Committees and Projects are required to
incorporate fund raising into their plans.
===================================================================    
EXECUTIVE SUMMARY:

Combined Revenue and Expenses:

                         4th term       5th term       6th term
Description              Actual Amount  Actual Amount  Budget
               
Donation - General       $157,906.52    $67,985.65     $50,000.00
Donation - 6.4. Fund     $65,795.23     $43,060.60     $50,000.00
Grant - NED              $30,982.00     $26,000.00     $26,000.00
Membership Due           $146.00        $82,022.24    $241,920.00
Donation - Flood Rel.    $0.00          $5,500.00      $0.00
Insurance Commission     $122,599.90    $143,577.78    $26,880.00
Conference Registration  $6,689.00      $10,465.00     $10,000.00
Less: Return             $0.00          ($295.00)      $0.00
Fund Raising                                           $16,000.00
               
Total Revenue            $384,118.65    $378,316.27   $420,800.00
               
Conference & Convention  $10,980.69     $32,125.28     $41,822.96
Relief Subsidies         $30,808.00     $78,895.86     $17,500.00
Professional Service     $0.00          $4,110.00      $0.00
Activity Costs           $28,212.03     $42,376.08     $44,520.80
Scholar's Activity       $0.00          $644.30        $0.00
Newsletter Expense       $21,136.68     $17,409.44     $26,000.00
Internship Expense       $3,131.67      $9,632.00      $0.00
Flood Relief Subsidy     $0.00          $5,500.00      $0.00
Sports Program           $0.00          $1,261.65      $4,000.00
Human Rights Activities  $0.00          $201.00        $30,000.00
Education Fund Activity  $0.00          $6,598.00      $0.00
New                                                    $22,500.00
               
Total Program Expenses   $94,269.07     $198,753.61   $186,343.76
               
Advertising              $5,800.64 $    10,317.50     $10,000.00
Accounting               $2,150.00      $9,050.00      $12,000.00
Auditing                 $176.50        $1,988.49      $2,000.00
Bank Charges             $1,038.98      $1,384.09      $1,070.00
Bad Debt                 $1,010.00      $70.00         $0.00
Conference & Convention  $388.40        $3,328.18      $0.00
Contribution             $150.00        $500.00        $0.00
Depreciation             $3,537.43      $3,901.21      $1,200.00
Dues & Subscriptions     $473.40        $968.53        $450.00
Health Insurance         $3,642.00      $2,851.20      $2,148.00
Licenses and Fees        $0.00          $110.00        $110.00
Miscellaneous            $25,340.83     $3,872.71      $3,800.00
Newsletter               $1,186.47      $632.10        $0.00
Office Supply            $4,832.72      $4,577.65      $4,280.00
Other Act. - 4th Term     $0.00         $8,436.55      $15,360.00
Payroll Taxes            $10,204.93     $7,898.65      $7,960.00
Postage & Freight        $5,437.41      $2,841.04      $1,350.00
Printing                 $3,149.12      $3,077.32      $1,600.00
Professional Service     $3,762.59      $4,990.01      $4,000.00
Stationery               $44.40         $356.52        $0.00
Public Relations         $411.71        $2,137.19      $1,900.00
Penalties                $1,289.05      $130.20        $100.00
Rent                     $10,518.32     $10,966.84     $11,000.00
Repair & Maintenance     $0.00          $119.28        $0.00
Payroll                  $105,825.55    $85,779.50     $82,500.00
Telephone                $13,349.10     $16,661.08     $12,640.00
Travel                   $20,067.77     $68,686.71     $56,693.50
Video Tape Expenses      $0.00          $199.00        $0.00
               
Total Expenses           $223,787.32    $255,831.55   $232,161.50
               
Operating Income         $66,062.26     ($76,268.89)   $2,294.74
               
Interest Income          $3,337.44      $6,020.80      $2,500.00
Other Income             $140.72        $1,441.23      $12,000.00
Income Tax - Federal     ($8,234.00)    ($14,983.99)   $0.00
Income Tax - State       ($5,459.00)    ($8,979.96)    $0.00
               
Total Other Income       ($10,214.84)   ($16,501.92)   $14,500.00

Emergency Fund                                         $16,000.00
               
Excess of Revenue        $55,847.42     ($92,770.81)   $794.74
====================================================================
Total Departmental Revenue and Expenses:  
               
Description              Actual Amount  Actual Amount  Budget
               
Headquarter              $159,875.97    $143,775.44    $130,618.00
Council                  $7,570.79      $12,617.38     $15,160.00
6.4 Foundation Prog      $35,011.77     $80,294.73     $47,500.00
6.4 Foundation Op        $893.03        $129.68        $0.00
Insurance Program        $47,475.48     $66,404.44     $26,870.00
CSPA/CSS-Protection      $17,487.41     $6,100.65      $0.00
Supervisory Committee     $279.33       $0.00          $2,000.00
Future Convention        $0.00          $12,212.30     $1,960.00
Past Convention          $20,065.03     $66,960.37     $71,016.46
Working Committees       $1,845.35      $5,764.44      $13,700.00
Projects Prog            $1,213.35      $7,242.30      $57,320.80
Projects Op              $1,340.77      $9,040.44      $15,360.00
Fund Raising             $3,156.47      $234.20        $0.00
NED Prog                 $24,268.35     $27,041.44     $26,000.00
NED Op                   $729.76        $1,225.63      $0.00
Round Table Prog         $0.00          $3,394.03      $11,000.00
Round Table Op           $0.00          $7,771.28      $0.00
Flood Relief             $0.00          $5,500.00      $0.00
Emergency Fund                                         $16,000.00
               
TOTAL EXPENSES           $321,212.86    $455,708.75   $434,505.26
               
TOTAL REVENUE            $377,107.60    $362,394.35   $435,300.00
               
EXCESS REVENUE           $55,894.74     ($93,314.40)   $794.74

Discrepancy              ($47.32)       $543.59        $0.00
====================================================================
End of Executive Summary
********************************************************************
The follow are the detailed revenue and expenses divided according to 
each department:

                         4th term       5th term       6th term
Description              Actual Amount  Actual Amount  Budget
====================================================================
Headquarters:

Donation -- General      $131,074.70    $63,501.00     $50,000.00
Membership due           $146.00        $82,022.24     $241,920.00
               
Total Revenue            $131,220.70    $145,523.24    $291,920.00
             
Operating Expenses:
  
Accounting               $2,150.00      $9,050.00      $12,000.00
Bank Charge              $499.38        $950.19        $900.00
Bad Debt                 $1,010.00      $70.00         $0.00
Contribution             $150.00        $500.00        $0.00
Depreciation             $2,196.66      $1,194.55      $1,200.00
Dues and Subscriptions   $473.40        $543.74        $450.00
Health Insur. Subsidy    $3,642.00      $2,851.20      $2,148.00
Licenses and Fees        $0.00          $110.00        $110.00
Miscellaneous            $5,354.60      $2,201.17      $2,500.00
Office Supply            $3,438.43      $1,543.41      $2,500.00
Other Activity - last term  $0.00       $5,215.24      $0.00
Payroll Taxes            $10,204.93     $7,898.65      $7,960.00
Postage & Freight        $3,092.21      $604.55        $450.00
Printing                 $1,825.06      $442.07        $300.00
Public Relations         $288.20        $743.24        $500.00
Penalty                  $367.05        $130.20        $100.00
Rent                     $10,518.32     $10,966.84     $11,000.00
Repair & Maintenance     $0.00          $119.28        $0.00
Pay Roll                 $105,825.55    $85,779.50     $82,500.00
Telephone                $3,799.59      $7,944.61      $4,000.00
Travel                   $5,040.59      $4,917.00      $2,000.00
               
Total Operating Expenses $159,875.97    $143,775.44   $130,618.00
               
Revenue --- Expenses     ($28,655.27)   $1,747.80     $161,302.00
               
Interest Income          $991.08        $2,781.69      $2,500.00
Other Income             $140.72        $1,441.23      $12,000.00
               
Total                    $1,131.80      $4,222.92      $14,500.00
               
Excess Revenue           ($27,523.47)   $5,970.72     $175,802.00
               
=================================================================      
Council:

Teleconference           $90.00         $6,072.56      $9,000.00
Auditing                 $176.50        $1,988.49      $2,000.00
Miscellaneous            $162.21        $138.07        $100.00
Office Supply            $0.00          $152.15        $220.00
Teleph. Reimbursement     $7,142.08      $4,266.11      $3,840.00
               
Total Expenses           $7,570.79      $12,617.38     $15,160.00
               
Revenue --- Expenses     ($7,570.79)    ($12,617.38) ($15,160.00)
=================================================================
June 4th Foundation:
       
Revenue:
        
Donation/Allocation      $65,795.23     $43,060.60     $50,000.00

Program Service:
               
Conference/Convention    $4,203.77      $1,197.87      $0.00
Relief Subsidy           $30,808.00     $78,895.86     $17,500.00
Human Rights Activity    $0.00          $201.00        $30,000.00
               
Total                    $35,011.77     $80,294.73     $47,500.00

Operating Expenses:
               
Bank Charge              $12.00         $3.00          $0.00
Miscellaneous            $553.00        $45.16         $0.00
Stationary               $30.03         $25.52         $0.00
Travel                   $298.00        $56.00         $0.00
               
Total                    $893.03        $129.68        $0.00
               
Revenue --- Expenses     $29,890.43     ($37,363.81)   $2,500.00
               
Interest Income          $2,268.43      $2,171.47 $0.00
               
Total Income -Total Exp  $27,622.00     ($39,535.28)   $2,500.00
==================================================================     
Insurance Program:

Revenue:
               
Commissions for Mktng    $122,599.90    $143,577.78    $26,880.00
        
Program Service and Operating Expenses:
       
Activity Costs           $26,998.68     $42,376.08     $0.00
Advertising              $5,800.64      $10,117.50     $10,000.00
Bank Charge              $113.44        $244.15        $170.00
Interest                 $0.00          $0.00          $0.00
Miscellaneous            $1,138.64      $68.36         $0.00
Office Supply            $1,394.29      $2,542.64      $1,500.00
Postage & Freight        $1,665.04      $461.15        $600.00
Printing                 $782.17        $1,009.15      $1,200.00
Professional Services    $3,762.59      $4,990.01      $4,000.00
Stationary               $14.37         $96.80         $0.00
Promotion                $123.51        $1,393.95      $1,400.00
Penalties                $922.00        $0.00          $0.00
Telephone                $2,045.94      $775.14        $3,000.00
Travel                   $2,714.17      $2,329.51      $5,000.00
               
Total                    $47,475.48     $66,404.44     $26,870.00
               
Revenue --- Expenses     $75,124.42     $77,173.34     $10.00
               
Interest Income          $49.89         $956.21        $0.00
Income Tax-Federal       ($8,234.00)    ($14,983.99)   
Income Tax-State         ($5,459.00)    ($8,979.96)    
               
Total                    ($13,643.11)   ($23,007.74)   $0.00           
               
Total Income -Total Exp  $75,074.53     $76,217.13     $10.00
======================================================================
CSPA/CSS - Protection:
               
Revenue:

Donation- General        $23,154.50     $529.00        $0.00
Less Return              $0.00          ($230.00)      $0.00
                
Total                    $23,154.50     $299.00        $0.00

Program Service and Operating Expenses:
                         
Professional Services    $0.00          $4,110.00      $0.00
Bank Charges             $75.40         $21.23         $0.00
Conference/Convention    $0.00          $560.00        $0.00
Miscellaneous            $16,196.59     $158.44        $0.00
Postage & Freight        $680.16        $1,187.50      $0.00
Printing                 $535.26        $63.48         $0.00
Rent                     $0.00          $0.00          $0.00
                
Total                    $17,487.41     $6,100.65      $0.00
               
Revenue --- Expenses     $5,667.09      ($5,801.65)    $0.00
               
Interest Income          $1.26          $0.85          $0.00
               
Total                    $1.26          $0.85          $0.00

Total Income -Total Exp  $5,665.83      ($5,802.50)    $0.00
===============================================================
Supervisory Committee:
               
Teleconference           $0.00          $0.00          $0.00
Miscellaneous            $0.00          $0.00          $200.00
Teleph. Reimbursement     $279.33            $0.00          $1,800.00
               
Total                    $279.33        $0.00          $2,000.00
               
Revenue --- Expenses     ($279.33)      $0.00         ($2,000.00)      
=====================================================================  
Future Convention:

Revenue:
               
Donation/Allocation      $0.00          $0.00          $0.00

Program Service and Operating Expenses:
              
Conference/Convention    $0.00          $0.00          $0.00
Miscellaneous            $0.00          $713.61        $1,000.00
Office Supply            $0.00          $59.97         $60.00
Postage & Freight        $0.00          $290.00        $300.00
Printing                 $0.00          $119.98        $100.00
Travel                   $0.00          $11,028.74     $500.00
               
Total                    $0.00          $12,212.30     $1,960.00
               
Revenue --- Expenses     $0.00          ($12,332.28)  ($1,960.00)
               
Interest Income          $0.00          $0.00          $0.00
               
Total Income -Total Exp  $0.00          ($12,332.28)  ($1,960.00)
=====================================================================  
Past Convention:

Revenue:
               
Conference Reg.          $6,689.00      $10,465.00     $10,000.00
Less Return              $0.00          ($65.00)       $0.00
               
Total                    $6,689.00      $10,400.00     $10,000.00
               
Program Service:

Conference/Convention    $6,686.92      $21,460.82     $21,822.96

Operating Expenses:

Conference/Convention    $20.00         $2,554.29      $0.00
Miscellaneous            $150.00        $295.65        $0.00
Newsletter               $1,186.47      $632.10        $0.00
Printing                 $6.63          $1,207.62      $0.00
Telephone                $0.00          $83.86         $0.00
Travel                   $12,015.01     $40,726.03     $49,193.50
               
Total                    $20,065.03     $66,960.37     $71,016.46
               
Revenue --- Expenses     ($13,376.03)   ($56,560.37)  ($61,016.46)
               
Interest Income          $0.00          $0.00          $0.00
               
Total Income -Total Exp  ($13,376.03)   ($56,560.37) ($61,016.46)
===================================================================    
Working Committees:
(The release of the funds for those with * is dependent on the
progress of the corresponding fund raising activities)

CCIC                                    $0.00          $300.00
Consultation Service                                   $300.00
Civil Rights                                           $5,000.00*
Exchange                                               $3,800.00*
Educational Rescue                                     $300.00
Sports Program           $0.00          $1,261.65      $4,000.00
Conference/Convention    $368.40        $213.89        $0.00
Miscellaneous            $1,394.79      $601.55        $0.00
Office Supply            $0.00          $140.46        $0.00
Printing                 $0.00          $355.00        $0.00
Telephone                $82.16         $2,208.04      $0.00
Travel                   $0.00          $784.85        $0.00
Video Tapes              $0.00          $199.00        $0.00
               
Total                    $1,845.35      $5,764.44      $13,700.00
               
Revenue --- Expenses     ($1,845.35)    ($5,364.44)  ($13,700.00)
====================================================================
Projects:
(The release of the funds for those with * is dependent on the
progress of the corresponding fund raising activities)

Program Service:
               
Activity Cost            $1,213.35      $0.00          $44,520.80
Scholars' Activity       $0.00          $644.30        $0.00
ED. Fund Activity        $0.00          $6,598.00      $0.00
Structural Reform                                      $300.00
Special Task Force on NC                               $3,000.00
CPIC                                                   $4,000.00*
Archive                                                $500.00
Legal Defense Fund                                     $5,000.00*
               
Total                    $1,213.35      $7,242.30      $57,320.80

Operating Expenses:
               
Advertising              $0.00          $200.00        $0.00
Depreciation             $1,340.77      $2,706.66      $0.00
Dues & Subscription      $0.00          $424.79        $0.00
Office Supply            $0.00          $139.02        $0.00
Other Act. - Last Term   $0.00          $3,221.31      $15,360.00
Postage & Freight        $0.00          $231.55        $0.00
Telephone                $0.00          $818.11        $0.00
Travel                   $0.00          $1,299.00      $0.00
               
Total                    $1,340.77      $9,040.44      $15,360.00
               
Revenue --- Expenses     ($2,304.12)    ($14,912.74) ($72,680.80)
====================================================================   
Fund Raising:

Revenue:

Donation                 $3,203.79      $0.00          $16,000.00
Civil Rights                                           $4,000.00
Exchange                                               $500.00
Special Task Force on NC                               pending
CPIC                                                   $3,000.00
Legal Defense Fund                                     $5,000.00
Other Funds                                            $3,500.00
               
Program Service          $3,036.47      $0.00          $0.00
Stationary               $0.00          $234.20        $0.00
Operating Expenses       $120.00        $0.00          $0.00
               
Total Expenses           $3,156.47      $234.20        $0.00
               
Revenue --- Expenses     $47.32         ($234.20)      $16,000.00
======================================================================
NED:

Revenue: 
               
Donation - General       $3,427.32      $2,185.65      $0.00
Grants NED               $30,982.00     $26,000.00     $26,000.00
               
Total                    $34,409.32     $28,185.65     $26,000.00

Program Service:
            
Newsletter Exp.          $21,136.68     $17,409.44     $26,000.00
Internship               $3,131.67      $9,632.00      $0.00
                
Total                    $24,268.35     $27,041.44     $26,000.00

Operating Expenses:
               
Bank Charges             $338.76        $165.52        $0.00
Miscellaneous            $391.00        $162.31        $0.00
Postage & Freight        $0.00          $332.59        $0.00
Telephone                $0.00          $565.21        $0.00
               
Total                    $729.76        $1,225.63      $0.00
               
Revenue --- Expenses     $9,411.21      ($81.42)       $0.00
               
Interest Income          $26.78         $110.58   
               
Excess of Revenue        $9,437.99      $29.16         $0.00
==================================================================     
Round Table:

Revenue:

Conference Reg.          $0.00          $580.00        $0.00

Program Service:
               
Conference/Convention    $0.00          $3,394.03      $11,000.00
                
Total                    $0.00          $3,394.03      $11,000.00

Operating Expenses:
               
Miscellaneous            $0.00          $202.00        $0.00
Postage & Freight        $0.00          $23.70         $0.00
Travel                   $0.00          $7,545.58      $0.00
               
Total                    $0.00          $7,771.28      $0.00
               
Revenue --- Expenses     $0.00          ($10,585.31) ($11,000.00)
               
Interest Income          $0.00          $0.00          $0.00
               
Excess of Revenue        $0.00          ($10,585.31) ($11,000.00)
====================================================================   
Flood Relief:

Revenue:
               
Donation                 $0.00          $5,500.00      $0.00

Programs Service and Operating Expenses:
       
Flood Relief Subsidy     $0.00          $5,500.00      $0.00
Miscellaneous            $0.00          $0.00          $0.00
Teleph. Reimbursement    $0.00          $0.00          $0.00
               
Total                    $0.00          $5,500.00      $0.00
               
Revenue --- Expenses     $0.00          $0.00          $0.00

-------- End of Part 2 ----------------------------------------