Treasurer’s Report of the 2013 Diocesan Audit to 2014 Convention

The treasurer’s report to the 2014 Convention of the Episcopal Diocese of Fort Worth is submitted by the Diocesan Treasurer Robert Hicks. You may download a PDF of this report here.

In accordance with Canon 5.2.3, the Treasurer shall “Render to the Convention annually an accounting for all monies collected and disbursed for the calendar year ended prior to the date of the Convention, which accounting shall be subject to audit at the direction of the Executive Council.”

An audit of the diocesan accounts for the calendar year ended December 31, 2013 was conducted by Hartman, Leito & Bolt. The financial statements shown in the audit are consolidated reports for the four diocesan accounts; the Diocesan general account, the Corporation account, the Bishop’s benevolent account, and the Congregations account. The following “Statement of Assets and Net Assets” and “Statement of Revenue, Expenses, and Changes in Net Assets” reflect the result of that audit. On the advice of the Chancellor, all transactions related to the current litigation are not shown in this report. Since the expenses are paid from special restricted donations as a “pass through,” the financial position of the Diocese is not affected by this action.

Statement of Assets and Net Assets – Cash Basis – Period Ended December 31, 2013

Statement of Revenue, Expenses and Changes in Net Assets – Cash Basis
Period Ended December 31, 2013