ANNUAL REPORT

Fiscal 2019-2020

Our Lady of Fatima Church

Email: olfchurchbridgeport@gmail.com

Website: https://www.olf-bridgeport.org

Tel: 203-333-7575

429 Huntington Rd,

Bridgeport, CT 06608

2

A LETTER FROM THE PASTOR

3

A LETTER FROM THE PASTOR

4

PARISH HIGHLIGHTS

“WE COME

TOGETHER AS

FAMILY BEFORE

THE TABLE TO

SHARE IN THE

BREAD AND

WINE, KNOWING

THAT JESUS IS

TRULY

PRESENT.”

‘’I am the good shepherd: the good

shepherd giveth his life for the sheep.”

John 10:11

0

5

10

15

20

25

30

35

Parish Sacraments

Baptisms First Holy Communions Confirmations Weddings Funerals

“SO THEN, MY FRIEND

TRY EVEN HARDER TO

MAKE GOD’S CALL AND

HIS CHOICE OF YOU A

PERMANENT

EXPERIENCE; IF YOU DO

SO, YOU WILL NEVER

ABANDON YOUR FAITH.”

BE AN ACTIVE

CHRISTIAN.

2 Peter 1:10

5

VOLUNTEERS IN ACTION

Cleaning before each mass

‘Thank you All for your hard work

during this extremely difficult time.

Together we will overcome this

pandemic of COVID-19

OUR PARISH IS FOLLOWING THE

GUIDELINES IMPLEMENTED BY

THE DIOCESE OF BRIDGEPORT.

OUR MISSION IS TO PROVIDE A

SAFE PLACE OF WORDSHIP TO

ALL PARISHIONERS

6

SUPPORT OUR PARISH

Online Giving

Give Electronically! https://osvhub.com/olf-bridgeport/funds

Call the Rectory (206-333-7575) for any additional information.

7

SUPPORT OUR PARISH

Food Pantry

“Help Support our Food Pantry and you will

be helping the Community to end hunger"

NON-PERISHABLES ARE ALWAYS

WELCOME IN OUR FOOD PANTRY

Canned Beans Canned Chicken

Canned Fish Canned Meat

Canned Vegetables Applesauce

Cooking Oils Crackers

Dried Herbs and Spices Fruit (Canned or dried)

Granola bars Nuts Pasta Rice

Peanut Butter Whole Grain Cereal

Shelf Stable and powdered Milk

8

SUPPORT OUR PARISH

Food Pantry

Solidarity with our Neighbors – “Amarás o teu próximo como a si mesmo” Tiago 2:8

“MY COMMAND IS THIS: LOVE EACH OTHER AS

I HAVE LOVED YOU. GREATER LOVE HAS NO

ONE THAN THIS: TO LAY DOWN ONE’S LIFE FOR

ONE’S FRIEND.”

15 John: 12-14

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FINANCIAL STATEMENTS

Operating Income/Expense 7/1/2019- 6/30/2020

10

FINANCIAL STATEMENTS

Statement of Activity

Our

Lad

y of

Fat

ima

Par

ish,

Brid

gepo

rt

Fun

ctio

nal S

tate

men

t of A

ctiv

ities

7/1/

2019

- 6/

30/2

020

FU

ND

RA

ISIN

GG

EN

ER

AL

AN

D

AD

MIN

IST

RA

TIV

E

OF

FE

RT

OR

Y A

ND

MIS

C R

EV

EN

UE

OT

HE

R P

AR

ISH

AC

TIV

ITIE

S

PA

ST

OR

AL

&

LIT

UR

GIC

AL

SE

RV

ICE

S

RE

LIG

IOU

S

ED

UC

AT

ION

Tot

al

Ord

inar

y In

com

e/E

xpe

nse

   In

com

e

      • Offertory Income

--

162,

647

--

-16

2,64

7

      • Other Regular Revenue

54,9

59

2,25

1 21

,221

55

,489

-

6,82

5 14

0,74

5

      • Non-O

perating Revenue

2,08

6 -

19,1

55

--

-21

,241

      

To

tal I

nco

me

57,0

452,

251

203,

023

55,4

89-

6,82

532

4,63

3

      

   E

xpe

nse

      • Com

pensation and Benefits

-34

,472

-

-46

,652

-

81,1

24

      • Contributions and assessm

ents

-17

,534

-

--

-17

,534

      • Profissional Fees and Insurance

-27

,380

-

-12

4 -

27,5

04

      • Supplies , R

epairs & Maint, other

-12

0,99

2 -

-18

,085

53

5 13

9,61

2

      • Utilities

-33

,016

-

570

--

33,5

86

      • Interest

-28

-

--

28

      • Property Tax

-7,

016

-7,

015

--

14,0

31

      • Depreciation

-23

5 -

3,31

3 -

3,54

8

      • other Expenses

14,9

45

3,29

4 -

14,3

99

--

32,6

38

      • Program

 Expenses

--

--

-2,

628

2,62

8

      

To

tal E

xpe

nse

14,9

45

243,

967

0 21

,984

68

,174

3,

163

352,

233

      

   T

ota

l Ord

inar

y In

com

e/E

xpe

nse

42,1

00

(241

,716

)20

3,02

3 33

,505

(6

8,17

4)3,

662

(27,

600)

11

FINANCIAL STATEMENTS

Statement of Financial Position as of June 30, 2020

Assets

   Bank

      • Cash $ 240,593

      Total Bank 240,593

      

   Other Asset

      • Investments 2,757,818

      Total Other Asset 2,757,818

      

   Other Current Asset

      • Other assets 18,721

      Total Other Current Asset 18,721

      

   Fixed Asset

      • Property and Equipment 3,919,535

      Total Fixed Asset 3,919,535

      

   Total Assets 6,936,667

   

Liabilities and Net Assets

   Liabilities

      Accounts Payable

         • Accounts Payable 2,501

         Total Accounts Payable 2,501

         

      Credit Card

         • Credit Card 3,583

         Total Credit Card 3,583

         

      Other Current Liability

         • Special collections 65,988

         • Payroll liabilities (2,101)

         Total Other Current Liability 63,887

         

      Long Term Liability 10,290

      Total Liabilities 80,261

      

   Net Assets

         Total Changes in Net Assets (27,601)

         

      • Net assets 6,236,627

      • Retained Earnings 647,381

      Total Net Assets 6,856,407

      

   Total Liabilities and Net Assets $ 6,936,667

12

THANK YOU

Our Lady of Fatima Church

429 Huntington Road

Bridgeport, CT 06608

Rectory Phone: 203-333-7575

Pastor: Rev. Rogerio Perri

Deacon: Gabriel Pereira

www.olf-bridgeport.org