Diocese of Bridgeport
Parish Chart of Accounts
QuickBooks 2007 PRO Version Software
August 2007
Chapter VI: Appendix
Control Accounts
Diocese of Bridgeport Parish Chart of Accounts 2007
4000
OTHER REGULAR REVENUE
OFFERTORY COLLECTIONS (SUBJECT TO CATHEDRATICUM)
5600
5500
5400
5300
5200
5100
5000
DEPRECIATION
PROPERTY TAXES (ONLY APPLICABLE TO RENTAL PROERTY)
INTEREST
UTILITIES
SUPPLIES, REPAIRS, MAINTENANCE & OTHER SERVICES
PROFESSIONAL FEES AND INSURANCE
CONTRIBUTIONS AND ASSESSMENTS
COMPENSATION AND BENEFITS
Church Programs
Religious Education
X
Other Parish Activities (1)
X
Do not assign revenues to this class
General & Fundraising (2) Administrati ve (3)
X
Expense items must be assigned to a class(es)
Do not assign revenues to this class
Rectory
Pastoral & Liturgical Services
DIOCESE OF BRIDGEPORT PARISH CHART OF ACCOUNTS REVENUES & EXPENSES
4000
4100
UNUSUAL (NON-SCHEDULED) REVENUE
CHANGES IN UNRESTRICTED NET ASSETS REVENUE old a/c #
4100
4200
5700
UNCATEGORIZED
EXPENSES
6000
CHANGES IN TEMPORARILY RESTRICTED NET ASSETS
Offertory and Misc. Rev.
X
X
X
Do not assign expenses to this class
Chapter VI: Appendix
7000
TEMPORARILY RESTRICTED CONTRIBUTIONS
PERMANENTLY RESTRICTED CONTRIBUTIONS
Pastoral & Liturgical Services
Diocese of Bridgeport Parish Chart of Accounts 2007
CHANGES IN PERMANENTLY RESTRICTED NET ASSETS 8000
1. Nursery School, Child Care, Cemetery, Rental Properties and Social Activities of Parish Organizations 2. Fund aising Activities of Parish Organizations and Other e.g. Carnivals 3. Includes Buildings & Grounds
Religious Education
Other Parish Activities (1)
General & Fundraising (2) Administrati ve (3)
X
X
Offertory and Misc. Rev.
Chapter VI: Appendix
old a/c #
Control accounts
1st tier sub accounts
2nd tier sub accounts
CHANGES IN UNRESTRICTED NET ASSETS 4000 4010 SUNDAY 4020 HOLY DAY
Diocese of Bridgeport Parish Chart of Accounts 2007
Religious Education
4110 partial
Do not assign revenues to this class
X X
X
X
General & Offertory Other Parish FundraisAdministrativ and Misc. Activities (1) ing (2) e (3) Rev
"X" indicates classes most likely used for the corresponding revenue & expense account
DIOCESE OF BRIDGEPORT PARISH CHART OF ACCOUNTS REVENUES & EXPENSES Examples of transactions included in the account
Church Programs
Pastoral & Liturgical Services Rectory
Do not assign revenues to this class
X
X
Gross receipts from bingo
X X
Annual collection Collections designated for a parish's specific purpose e.g. parish needs, schools, flowers, heat, etc.
Gross receipts from Carnivals/Bazaars
X
4121 Bingo
Gross receipts from raffles
X
Collections which the Bishop has designated in writing as being exempt from Cathedraticum
Monthly collections including envelopes received in the mail and all other contributions received on a monthly basis e.g. credit cards and Automated Clearing House (ACH) receipts
Regular weekly collections including envelopes received in the mail Holy Day collections including envelopes received in the mail
OFFERTORY (collections subject to Cathedraticum)
REVENUE 4000 4010 4020
4040 ANNUAL
4030 MONTHLY
4030 4040
OTHER REGULAR REVENUE
4050 OTHER
4100
4050 4100
4110 EXEMPTED
4122 Carnivals/Bazaars 4123 Raffles
Gross receipts from sale of scrip vouchers
X
4120 FUNDRAISERS
4124 Scrip Voucher
Gross receipts from all other fundraisers and club and society events
4132 4133
4125 Organization Events
X
X
Other Fund Raisers and
4134 4260
Gross receipts for bulletin advertising
Unrealized gain or loss as a result of a sale and/or increase/decrease in the market value of securities held Net appreciation/ Depreciation in Market
4131 Value of Securities
X Gross receipts from nursery, preschool or day care services for the current period
Unrealized interest and dividends earned on savings, checking and investment accounts
4140 PRE-SCHOOL AND CHILD CARE SERVICES
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4132 Interest and Dividends
4130 INVESTMENT INCOME
4126 Bulletin Revenue
4060 4130 4131
X
4110 partial
4165, 5172, 4175
4150
4251
1. Nursery School, Child Care, Cemetery, Rental Properties and Social Activities of Parish Organizations 2. Fund Raising Activities of Parish Organizations and Other e.g. Carnivals 3. Includes Buildings Grounds
Chapter VI: Appendix
old a/c #
4250
4160 4170 4500
Control accounts
1st tier sub accounts
2nd tier sub accounts
4150 RELIGIOUS EDUCATION FEES
Sale of Lots and
4160 RENTAL AND LEASE REVENUE 4170 VOTIVE CANDLES 4180 CEMETERY
4181 Foundations 4182 Interments
4184 Revenue
4510 4520 4515 Net appreciation/ Depreciation in Market
4183 Value of Securities
4530 4185 Perpetual Care Revenue
Interest & Dividend
4551 4186 Other Revenue
4140
4210 GIFTS AND BEQUESTS NOT RESTRICTED
UNUSUAL (NON-SCHEDULED) REVENUE
4190 MASS STIPEND REVENUE
4525
4200
5085
- FOR
GAIN/(LOSS) ON SALE OF LONG LIVED ASSETS BUILDINGS, EQUIPMENT ETC. (EXCLUDING 4220 INVESTMENTS) ASSETS RELEASED FROM RESTRICTION 4230 - FOR CAPITAL PROJECTS ASSETS RELEASED FROM RESTRICTION 4231 SPECIFIC EXPENSES
Rectory
Church Programs
Pastoral & Liturgical Services
X
Religious Education
X
Do not assign revenues to this class
X
General & Offertory Other Parish FundraisAdministrativ and Misc. Activities (1) ing (2) e (3) Rev
"X" indicates classes most likely used for the corresponding revenue & expense account
Diocese of Bridgeport Parish Chart of Accounts 2007
Examples of transactions included in the account
Gross receipts from fees/tuition for religious education for the current period This includes both adult and youth formation programs
X
X X
Revenue received from the rental of parish property This includes the amount received for a priest in residence. Does not include security deposits received as liabilities. They are reported as liabilities in the Statement of Financial Position (Balance Sheet).) Gross receipts from votives Gross receipts from sale of lots and foundations Gross receipts from interments
X
X
Unrealized gain or loss as a result of a sale and/or increase/decrease in the market value of securities held Interest & dividends generated from both excess cemetery funds and perpetual care funds Portion of revenue segregated for perpetual care
X
X
X
X
X
X
X
X
All other gross receipts from cemeteries Offerings for masses celebrated for a specific person or intention.
X
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All gifts and bequests from individuals and estates that are unrestricted Also includes voluntary contributions for weddings, baptisms and funerals See also Account 8000 for restricted gifts and bequests Gain or loss as a result of disposition of property and other assets (Excluding Investments) Assets released from restriction for capital projects Assets released from restriction for specific expenses
1. Nursery School, Child Care, Cemetery, Rental Properties and Social Activities of Parish Organizations 2. Fund Raising Activities of Parish Organizations and Other e.g. Carnivals 3. Includes Buildings Grounds
Chapter VI: Appendix
old a/c #
Control accounts
EXPENSES
1st tier sub accounts
2nd tier sub accounts
Diocese of Bridgeport Parish Chart of Accounts 2007
"X" indicates classes most likely used for the corresponding revenue & expense account
X
X
X
X
X
X
X
X
General & Offertory Other Parish FundraisAdministrativ and Misc. Activities (1) ing (2) e (3) Rev
X
X
Religious Education
X
X
Examples of transactions included in the account
Pastoral & Liturgical Services
X
X
Church Programs
Full and part time lay employees Clergy salary and Order Priest payments (salary) Pastor's or Administrator's administrative allowance
X
Rectory
Stipend, retirement, housing & healthcare allowances paid to Religious Orders of Sisters and Brothers
X
6503
5017 partial 5016 5017 partial 6550 6504
5016
Pastor / Administrator
Extra Priests Deacon Expense
5017 Allowance
X
X X
X X X
X
X X X
X
X X X
X
X X X
X
X X X
X
X X
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X
X
X
X
X
Priests that occasionally come to say masses
X
X
5013 Allowance
Deacon's monthly stipend Stipends given to priests for the celebration of Mass
X
X
5015 Religious Allowance
Parish's share of FICA tax
6500 5000 COMPENSATION AND BENEFITS 6502 partial 5010 SALARIES AND WAGES 6502 partial 5011 Lay Employees
5018 Priest Stipends
Parish's share of Medicare tax
X
5031 FICA
5012 Clergy
5032 Medicare
6502 partial
6506
5040 EMPLOYEE BENEFITS
5030 PAYROLL TAXES
6508 6510 Medical/Dental Insurance-
5041 Clergy
Clergy medical and dental insurance
6516
5043 Lay 5044 Pension-Lay 5045 Life Insurance
5046 Workers Compensation
5110 CONTRIBUTIONS AND ASSESSMENTS
CONTRIBUTIONS AND ASSESSMENTS
Workers compensation insurance
6511/6513
5100
Clergy pension 5042 Pension-Clergy Lay employees medical and dental insurance, Medical/Dental Insurance- net of employee portion of medical insurance expense Lay employees pension costs Life insurance
6512/6514 6517 6515 5150
5040 5040
5113 Cathedraticum
Assessed payments for the shortfall from the Annual Bishop's Appeal goal
Assessment of offertory for support of the Diocesan elementary & middle schools
Charitable Contributions to Parish contributions made to a bona fide organization, i.e. Red Cross, another parish 5111 Organizations Payments made for a needy family, to pay Charitable Gifts to school tuition etc. 5112 Individuals Assessment of offertory for support of the Diocese
5020
5114 School Contribution
5115 Shortfall on ABA
5350
5025
1. Nursery School, Child Care, Cemetery, Rental Properties and Social Activities of Parish Organizations 2. Fund Raising Activities of Parish Organizations and Other e.g. Carnivals 3. Includes Buildings Grounds
Chapter VI: Appendix
old a/c #
5015
5261 5240 5262
5430
5335
1st tier sub accounts
2nd tier sub accounts
PROFESSIONAL FEES AND INSURANCE
Control accounts
5200 5250 PROFESSIONAL FEES
Accounting, Bookkeeping
Rectory
X
X
X X
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X
X
X
General & Offertory Other Parish FundraisAdministrativ and Misc. Activities (1) ing (2) e (3) Rev
X
Religious Education
X
Church Programs
Pastoral & Liturgical Services
"X" indicates classes most likely used for the corresponding revenue & expense account
Diocese of Bridgeport Parish Chart of Accounts 2007
Examples of transactions included in the account
All accounting fees, including payroll costs,
X
X X
X
Musicians and others who are not employees Expenses related to the Safe Environment Program
X
X
Expenses for guest speakers, retreats, conferences, workshops, etc
Costs related to training and development of parish employees All legal fees
5251 and temporary Office Help QuickBooks charges, temporary office help Continuing Education &
5253 Development 5254 Legal Non-Employee Musicians
5255 and Others 5257 Safe Environment Speakers, Retreats,
5258 Workshops
1. Nursery School, Child Care, Cemetery, Rental Properties and Social Activities of Parish Organizations 2. Fund Raising Activities of Parish Organizations and Other e.g. Carnivals 3. Includes Buildings Grounds
Chapter VI: Appendix
old a/c #
5131 5132
5140
1st tier sub accounts
5270 INSURANCE
2nd tier sub accounts
5271 Auto - Parish 5272 Auto - Clergy Insurance - Property,
5273 Casualty etc.
5310 SUPPLIES AND EQUIPMENT PURCHASED FOR