mennonite church canada budget plan: fiscal year ending (fye) 2011

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Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

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Page 1: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

Mennonite Church Canada

Budget Plan:

Fiscal Year Ending (FYE) 2011

Page 2: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

Gross Revenue Comparison

FYE Jan 11 GROSS Budget

FYE Jan 10 GROSS

Actual

FYE Jan 10 GROSS Budget

Individual & Corporate Donations

865,524 865,524 704,752

Church Donations 2,697,982 2,697,982 2,844,558General Bequest 0 0 0Sub-total Donation Income 3,563,506 3,563,506 3,549,310Recognized Deferred Contributions

90,206 66,321 63,510

Other Income 424,577 573,042 587,608Sub-total Program Income

4,078,289 4,202,869 4,200,428

Partner Program Income 846,941 790,640 754,720Related Organization Income 415,000 376,237 332,500TOTAL INCOME 5,340,230 5,369,746 5,295,774

Page 3: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

Other Revenue Sources: FYE 2011 $424,577

Interest Income

$103,51324%

Fees & Sales

$220,49952% Partner

Subsidies$100,565

24%

Page 4: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

Net Expenses Comparison

MC Canada FYE Jan-11 NET

Annual BudgetFYE Jan 10 NET Actual

FYE Jan-10 NET Annual Budget

Witness Council 1,757,775 1,687,836 1,836,543Formation Council 411,092 384,488 405,646Support Services Council 743,707 595,883 718,507General Board 360,883 419,720 408,246CMU 321,500 313,021 335,580Partner Program 850,241 762,631 757,420Related Organization 415,000 376,237 332,500(-) less Deferred Expenses

(153,835)

TOTAL Expenses 4,860,198 4,539,816 4,640,607

Page 5: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

Net Expenses Comparison Christian Witness

FYE Jan-11 NET Annual

Budget

FYE Jan 10 NET Actual

FYE Jan-10 NET Annual Budget

Executive Office 96,315 113,230 120,022Congregational Partnerships

191,183 133,123 151,898

National Ministries Admin 10,970 9,076 11,296Multi-Cultural Ministry 42,431 42,593 42,817Native Ministries 117,121 115,091 124,993International Ministries 1,299,755 1,274,723 1,385,517

TOTAL Witness Council Expense

1,757,775 1,687,836 1,836,543

Page 6: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

Net Expenses Comparison Christian Witness

FYE Jan-11 NET Annual

Budget

FYE Jan 10 NET Actual

FYE Jan-10 NET Annual Budget

Executive Office 96,315 113,230 120,022Congregational Partnerships

191,183 133,123 151,898

National Ministries Admin 10,970 9,076 11,296Multi-Cultural Ministry 42,431 42,593 42,817Native Ministries 117,121 115,091 124,993International Ministries 1,299,755 1,274,723 1,385,517

TOTAL Witness Council Expense

1,757,775 1,687,836 1,836,543

Page 7: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

International Ministries Breakdown by Region

FYE Jan-11 NET Annual Budget

FYE Jan 10 NET Actual

FYE Jan-10 NET Annual

Budget

Africa 420,222 476,038 490,179

Asia & Middle East 695,544 595,227 649,467

Europe 62,466 83,475 125,325

Latin America 121,523 119,983 120,546

TOTAL 1,299,755 1,274,723 1,385,517

Page 8: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

Net Expenses Comparison – Christian Formation

FYE Jan-11 NET Annual

Budget

FYE Jan 10 NET Actual

FYE Jan-10 NET Annual

Budget

Executive Office 163,866 151,257 160,350

Resource Center 79,276 84,076 78,996Min. & Cong. Leadership 82,180 71,179 88,200Youth Ministry 26,840 26,886 28,100Youth Assembly 8,000 5,791 0

Young Adult Ministry 0 542 0

Education & Nurture Ministries 50,930 44,757 50,000

TOTALFormation Expenses

411,092 384,488 405,646

Page 9: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

Net Expenses Comparison – Support Services

FYE Jan-11 NET Annual

Budget

FYE Jan 10 NET Actual

FYE Jan-10 NET Annual

Budget

Administration 257,990 203,509 248,029

Annual Assembly (24,705) 2,016 (430)

Communications 218,971 161,911 165,576

Development 113,807 54,286 131,171

Canadian Mennonite 177,644 174,161 174,161

TOTAL Support Services Expenses

743,707 595,883 718,507

Page 10: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

Net Expenses Comparison –General Board

FYE Jan-11 NET Annual

Budget

FYE Jan 10 NET Actual

FYE Jan-10 NET Annual

Budget

General Board Administration

156,473 169,098 173,043

Finance 166,410 222,122 197,203

CMU Grants 321,500 313,021 335,580

Mennonite World Conference Grants

38,000 28,500 38,000

TOTAL General Board Expense

682,383 732,741 743,826

Page 11: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

Net Expenses Comparison –

Partner Programs

FYE Jan-11 NET Annual

Budget

FYE Jan 10 NET Actual

FYE Jan-10 NET Annual

Budget

Misc. New Initiatives 20,000 55,676 105,000

Christian Peacemaker Teams 300,000 181,691 200,000

Company of 1000 55,747 42,263 50,000

NAVMF 40,000 45,252 35,000

Philippine Partnership 59,321 85,689 134,813

MVSA 11,000 4,147 11,000

Kherson Partnership 8,400 8,515 8,400

Learning Tours 29,476 13,775 0

Canadian Women in Mission 35,000 26,905 39,000

MHC Archives 69,817 76,524 71,707

MHC Gallery 113,630 94,300 69,000

Legesse Ethiopia Partnership 17,850 33,974 33,500

IM Short-term assignments 90,000 93,920 0

Total Partner Programs Expenses

850,241 762,631 757,420

Page 12: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

Net Expenses Comparison –

Related Organization

FYE Jan-11 NET Annual

Budget

FYE Jan 10 Actual

FYE Jan-10 NET Annual

Budget

Mennonite Mission Network 55,000 36,970 55,000

Mennonite Church USA 5,000 10,915 5,000AMBS 85,000 83,318 85,000Canadian Mennonite University 85,000 89,064 0Mennonite Publishing Network 25,000 41,460 25,000Messerites Kritos College 157,500 114,510 157,500Eastern Mennonite Missions 2,500 0 5,000Mennonite World Conference 0 0 0

Total Related Organization Expenses

415,000 376,237 332,500

Page 13: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

Balance of Budget FYE Jan-11 NET Annual

Budget

FYE Jan 10 NET Actual

FYE Jan-10 NET Annual

Budget(-) less Deferred Expenses -(153,835)Operating Surplus (Deficit) (34,751) (190,567) (4,077)Transfer to Reserves (183,441) (274,568) (106,556)Transfer from Reserves 224,232 110,041 136,771Transfer to Capital Reserves (6,040) (26,040) (26,138)Net Transfers (to)/from Reserves 34,751 (190,567) 4,077Ending Surplus/(Deficit) 0 0 0

Page 14: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

3-Year Budget

• Confident

• Responsive

Page 15: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011
Page 16: Mennonite Church Canada Budget Plan: Fiscal Year Ending (FYE) 2011

Thank you.