FISCAL BUDGET UPDATE FEB 2015 YTD

2014/2015 FEBRUARY YTD FISCAL BUDGET UPDATE

Prepared by:

Heinz Nienkaemper,TreasurerMarch 2015

FISCAL BUDGET UPDATE FEB 2015 YTD

VISION:

“Helping people discover and follow Jesus”

MISSION:

“Connect, Care, Celebrate!”

VALUE (TITHING):

We value generosity in the leveraging of our resources for maximum kingdom impact.

FISCAL BUDGET UPDATE FEB 2015 YTD

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

$271,061$267,711$232,301

Feb YTD Actual Shortfall:($26,711)

YTD Tithing Gifts up3.76% over SPLY!!!!

FISCAL BUDGET UPDATE FEB 2015 YTD

DETAILED FINANCIAL STATEMENT:

Full Feb YTD fiscal detailed statement available upon request.

If you have any questions with respect to the income or expense line items please do not hesitate to contact Heinz Nienkaemper, Treasurer for answers!

FISCAL BUDGET UPDATE FEB 2015 YTD

SUMMARY:

Feb 2015 YTD Tithing Budget $271,061Feb 2015 YTD Actual Giving $232,301 86% of Budget

Feb 2015 YTD Expenses $267,711 98.7% of Budget

Feb 2015 YTD Actual Shortfall $26,771

FISCAL BUDGET UPDATE FEB 2015 YTD

PRE-AUTHORIZED GIVING – DID YOU KNOW?

Any given month averages 40% of total monthly giving!In the month of January 2015 alone accounted for 54.6% of total giving!Currently 27 families or individuals taking advantage of this convenient way to titheCurrently accounts for $11,640.00 of total monthly tithing!

FISCAL BUDGET UPDATE FEB 2015 YTD

Nov-14

Dec-14

Jan-15

Feb-15

$0 $20,000 $40,000

Total GiftsP/A Gifts

P/A = Pre-authorized

PRE-AUTHORIZED GIVING IMPACT EXAMPLE:

42.6%

54.6%

43.8%

38.3%

Current Pre-authorized

Gifts Total $11,640 per month!!!!

FISCAL BUDGET UPDATE FEB 2015 YTD

PRE-AUTHORIZED GIVING – BENEFITS

THE GIVER:

Allows consistent, seamless means of giving working within your household budgetCan choose either 2nd and/or 16th of the month withdrawals allowing more flexibilityMore of your donated dollars going to general tithing versus bank fees, ATM feesEasy to enroll, change or cancel at any time

FISCAL BUDGET UPDATE FEB 2015 YTD

PRE-AUTHORIZED GIVING – BENEFITS

THE CHURCH:

Allows for a more reliable consistent revenue stream to manage monthly expensesProvides easier accounting administration and reduces bank charges related to ATM transactions meaning more monies going to general tithingGreatly assists in covering expenses during leaner months when tithing income is lower, i.e. January, July and August

FISCAL BUDGET UPDATE FEB 2015 YTD

“We have different gifts, according to the grace given to each of us. If your gift is prophesying, then prophesy in accordance with your faith, if it is serving, then serve; if it is teaching, then teach; if it is to encourage, then give encouragement; if it is giving, then give generously; if it is to lead, do it diligently; if it is to show mercy, do it cheerfully.

Romans 12: 6-8

FISCAL BUDGET UPDATE FEB 2015 YTD

A VERY WARM THANK YOU!!!

“God has done amazing things here at Coast Hills breathing life into our vision. He has faithfully provided through the generous hearts of this congregation right from the beginning when this church was established in 2004 and continues to do so today.”

On behalf of the entire Leadership team we want to sincerely thank you for yourcontinued financial generosity to Coast Hills and it’s ministries. Exciting things are happening! Helping people discover and follow Jesus!

Wayne, Erv, Kim, Ron, Tom and Heinz

“CONNECT, CARE, CELEBRATE!”