Financial Status
Current Financial Status:
- Last Year's Original Budget (Sept. '08-Sept '09): $1,130,317
- Last Year's Expenses: $1,010,178
- Last Year's General Revenue: $976,945
- Cash Reserves, Sept. 2009: $159,612
This Year's Budget (Sept. '09-Sept. '10):
- Total Budget: $1,088,500
- Salaries and Benefits: $545,870
- Building and Maintenance: $312,550 (mortgage=$194,200)
- Global Missions: $96,800
- Office Expenses: $69,680
- Ministries: $63,600 (Includes addition of Youth Director)
Vision Funding Plan:
- Fund first year of Youth Director
- Fund first two years of Church Plant
- Fund renovations to the Sanctuary
Vision Fund Goal:
- A faith goal of $500,000
- Received over two years through faith pledges
What if we don't raise $500,000?:
- We have established the following priorities:
- Youth Director
- First year of church plant
- Partial renovations to the Sanctuary
- Second year of Church Plant
Is the Leadership Committed?:
- Faith Goal: $500,000
- Leadership Pledge to Date (October 25, 2009): $171,000 (34% of the faith goal)
- Remaining to be pledged: $329,000