Financial and Generosity Reports — August 2024

Financial Report

by Barbara Strobel, parishioner and treasurer of the church

Our 2024 finances are holding steady through July. We are thankful that the Lord continues to bless us financially as we seek to do his work. Our revenues through July are right on target. Our expenses are slightly under budget due to filling a few open staff positions later than anticipated. However, we expect expenses to increase as we move into the fall. We are a bit behind budget on meeting the generous Nau match. As a reminder, 2024 is the last year of the generous Nau match, so please also consider making a gift above your pledge to allow us to meet the 2-for-1 match. 
We must have a strong fall to keep our momentum going as we move into the new school year and launch our new Alpha initiative. Everyone’s gifts, large and small, are needed as we grow and expand in our call to be a “Light for the City”. Please give generously.

If you would like to set up an automatic (or one-time) online gift or make a gift of stock, please contact Chief Financial Officer Marilyn Patterson or Accounting Specialist Euloge Ngouane and they will be more than happy to help you.

As of July 31, 2024:

% of total revenue to budget 

• YTD Revenue is 55% of the 2024 Revenue Budget
• YTD Revenue $5,047,094; YTD 2023 Budgeted Revenue $9,120,000

% of total expenses to budget

• YTD Expenses: 56% of the 2024 Expense Budget
• YTD Expenses: $5,144,805; 2024 Budgeted Expenses: $9,113,060