Messiah Financial Update

Messiah Financial Update. Messiah completed the first half of our current fiscal year on January 31. Your financial ministry team remains committed to closely monitoring all proposed expenses. Thanks again for your faithful contributions in time, talent, and resources to further God's kingdom. First draft of our fiscal year income statement totals follows:

Budget: $1,056,240
Actual income: $1,061,399
Actual expenses: $997,342
Net Gain / (Loss) YTD: $64,057

The above values do not include special fund contributions, which have been, and will continue to be, transferred dollar-for-dollar to the designated intended recipients.

Messiah Financial Update. Messiah completed the first five months of our current fiscal year on December 31. Your financial ministry team remains committed to closely monitoring all proposed expenses. Thanks again for your faithful contributions in time, talent, and resources to further God's kingdom. First draft of our fiscal year income statement totals follows:

Budget: $880,200

Actual income: $887,708

Actual expenses: $849,873

Net Gain / (Loss) YTD: $37,835

The above values do not include special fund contributions, which have been, and will continue to be, transferred dollar-for-dollar to the designated intended recipients.

 

Messiah Financial Update. Messiah completed the first four months of its fiscal year on November 30. Thanks again for your faithful contributions in time, talent, and resources to further God's kingdom. Latest update of our fiscal year income statement totals follows:

Budget: $698,160

Actual income: $636,158
Actual expenses: $655,897
Net Gain / (Loss) YTD: ($19,739)
 
The above values do not include special fund contributions, which have been, and will continue to be, transferred dollar-for-dollar to the designated intended recipients

Messiah Financial Update. Messiah completed the first quarter of its fiscal year on October 31. Thanks again for your faithful contributions in time, talent, and resources to further God's kingdom. Latest update of our fiscal year income statement totals, as well as our debt reduction campaign progress, follows:

Budget: $528,120

Actual income: $475,388
Actual expenses: $500,711
Net Gain / (Loss) YTD: ($25,323)
Messiah Debt Free - 2011 Target: $670,000 / 2011 Receipts: $138,435
More information on these stewardship efforts will be forthcoming shortly.

 

Messiah Financial Update. Messiah completed the first month of the new fiscal year on August 31. Thanks again for your faithful contributions in time, talent, and resources to further God's kingdom. First draft of our fiscal year income statement totals follows:
 
Budget: $176,873
Actual income: $151,906
Actual expenses: $163,025
Net Gain / (Loss) YTD: ($11,119)  

The above values do not include special fund contributions, which have been, and will continue to be, transferred dollar-for-dollar to the designated intended recipients.
 
Messiah: Debt Free in 2015 Campaign Progress. As promised in our State of the Church meeting on February 13, an update on our debt elimination program will be provided regularly. Please keep this program in your prayers, and contact Kurt Heringhausen with any questions.
 
Total mortgage balance at start of campaign: $3,670,000
Campaign goal for remainder of 2011: $670,000
Actual campaign contributions (2/13 - 9/6): $99,620
Balance to meet 2011 debt reduction objective: $570,380

 

Messiah Financial Update  Messiah completed its 2010-2011 fiscal year on July 31. Thanks again for your faithful contributions in time, talent, and resources to further God's kingdom. Latest update of our fiscal year income statement totals follows:
 
Budget: $1,821,250
Actual income: $1,727,005
Actual expenses: $1,733,385
Net Gain / (Loss) YTD: ($6,380) 

 
Thanks to the Messiah budget managers and financial ministry team, who effectively balanced expenses against our actual income. We pray for the Spirit's continued guidance for financial discipline and sound stewardship throughout this upcoming budget year.


The above values do not include special fund contributions, which have been, and will continue to be, transferred dollar-for-dollar to the designated intended recipients.

Messiah Financial Update. Messiah completed the first eleven months of our current fiscal year on June 30. Your financial ministry team remains committed to closely monitoring all proposed expenses. Thanks again for your faithful contributions in time, talent, and resources to further God's kingdom. Our unreconciled income and expenses information is as follows:
 
Budget: $1,669,479

Actual income: $1,597,910

Actual expenses: $1,572,760

Net Gain / (Loss) YTD: $26,150
 
The above values do not include special fund contributions, which have been, and will continue to be, transferred dollar-for-dollar to the designated intended recipients.
 

 

Messiah Financial Update. Messiah completed the first ten months of our current fiscal year on May 31. Your financial ministry team remains committed to closely monitoring all proposed expenses. Thanks again for your faithful contributions in time, talent, and resources to further God's kingdom.  Our unreconciled income and expenses information is as follows:
 
Budget: $1,517,708

Actual income: $1,481,398
Actual expenses: $1,452,316
Net Gain / (Loss) YTD: $29,082
 
The above values do not include special fund contributions, which have been, and will continue to be, transferred dollar-for-dollar to the designated intended recipients.

 

 

FINANCIAL UPDATE:  With the financial activities of our second location of Journeys and Restoration Fellowship being added to current accounting, leadership is taking some time to put an updated and appropriate reporting foundation in place.  Because of this, there will be a delay in reporting April financials; we will include the information as soon as it’s available both herein and in the bulletin.  What we can report with joyful and thankful hearts is, to date, the MDF campaign has raised just over $100,000 toward the goal of debt reduction!  We’re looking forward to using the dollars saved in interest for even more kingdom building activities.  All praise and honor belong to our heavenly Father.

 

 Our Messiah Debt Free Campaign kicked off about a month ago and as of mid March, we have almost $60,000 to pay toward our mortgage debt!  Praise God!  You can watch the progress on the poster located in Journey's Commons.

 

Messiah Financial Update. Messiah completed the first seven months of our current fiscal year on February 28. Your financial ministry team remains committed to closely monitoring all proposed expenses. Thanks again for your faithful contributions in time, talent and resources to further God's kingdom. Our unreconciled income and expense information is as follows:
 
Budget: $1,111,243

Actual income: $1,044,981
Actual expenses: $1,058,855
Net Gain / (Loss) YTD: ($13,874)
 
The above values do not include special fund contributions, which have been, and will continue to be, transferred dollar-for-dollar to the designated recipients.

Actual income: $475,388
Actual expenses: $500,711
Net Gain / (Loss) YTD: ($25,323)
Messiah Debt Free - 2011 Target: $670,000 / 2011 Receipts: $138,435
More information on these stewardship efforts will be forthcoming shortly.