Financial and Generosity Reports — June 2023

Financial Report

by Barbara Strobel, parishioner and treasurer of the church

We have a strong start to 2023 and are slightly ahead of budget. Thanks be to God for our generous parishioners and for our staff who continue to be outstanding stewards of our resources. We were blessed with several large donations at the beginning of the year, thus we budgeted, and have, revenue over expenses at this point in the year. However, we expect that to narrow as the year progresses. We need another $150,000 in gifts to meet the generous 5-year Nau match; please consider a gift above your pledge for this. Please keep in mind that after 2024 the Nau match will end, and we will need to replace the $600K of revenue it has so graciously provided. So everyone’s gifts, large and small, are needed!

As of March 31, 2022:

% of total revenue to budget 

• YTD Revenue is 101% of the 2023 Revenue Budget
• YTD Revenue $2,966,263; 2023 Budgeted Revenue: $2,924,92
  
• Total 2023 Budgeted Revenue $8,608,275

% of total expenses to budget

• YTD Expenses: 94.7% of the 2023 Expense Budget
• YTD Expenses: $1,996,671; 2023 Budgeted Expenses: $2,1081576
• Total 2023 Budgeted Expenses $8,607,090

2023 Blessings

• YTD revenue over expense: $969,592
• YTD Budgeted net income: $816,345

Collective Commitment: We All Have a Role

by Terra Seidel, director of parish giving

For many of us, our love for Episcopal traditions is never stronger than what we experienced during Holy Week. My cup runneth over!

Parishioner John Nau’s five-year matching gift challenge is a faithful example of how someone who first experienced God’s lavish love for himself is encouraging others to make St. John the Divine a priority in their lives.

In 2020, John established a five-year match challenge to address parish needs for our “front door” and outreach to the city. Each year, parishioners have been challenged to match John’s gift of $200,000 over and above their pledge. Because he has experienced it himself, John knows the importance of St. John the Divine inviting and welcoming people into our church and along a path of discipleship, taking the love of Christ into the world.

60% of practicing Christians feel that true generosity is a response to Christ’s love. The Nau match goes to the tangible things we can see and touch, but the real impact of it is our collective commitment to work together and Change Lives for God in Christ.

Take part in this year’s Nau 2:1 match by making your gift here. Thank you for your over-and-above generosity!