INDIAN ROCKS BAPTIST CHURCH | ||||||
STATEMENT OF GENERAL BUDGET ACTIVITIES | ||||||
For the Twelve Months Ended June 30 , 2023 | ||||||
Over ( Under ) |
||||||
Revenue |
Actual |
Budget |
Budget |
|||
Tithes & Offerings |
$ |
5,866,634 |
$ |
5,720,000 |
$ |
146,634 |
IRCS Reimbursement |
2,000,000 |
1,700,000 |
300,000 |
|||
Faith Promise Reimbursement |
61,900 |
61,900 |
- |
|||
Thrift Center Reimbursement |
256,000 |
256,000 |
- |
|||
ROM Reimbursement |
10,000 |
10,000 |
- |
|||
Special Events |
18,724 |
10,000 |
8,724 |
|||
Other Income |
16,434 |
5,000 |
11,434 |
|||
Interest Income |
26,746 |
- |
26,746 |
|||
Total Revenue |
8,256,438 |
7,762,900 |
493,538 |
|||
Expenses World Missions |
321,707 |
326,000 |
( 4,293 ) |
|||
Pastoral Ministry |
39,571 |
45,400 |
( 5,829 ) |
|||
Women ' s Ministry |
11,694 |
20,400 |
( 8,706 ) |
|||
Associate Pastor Ministry |
38,642 |
38,400 |
242 |
|||
Preschool Ministry |
24,409 |
17,000 |
7,409 |
|||
Children ' s Ministry |
61,261 |
52,600 |
8,661 |
|||
Middle School Ministry |
42,781 |
44,700 |
( 1,919 ) |
|||
High School Ministry |
41,154 |
57,200 |
( 16,046 ) |
|||
Young Adult Ministry |
21,454 |
20,000 |
1,454 |
|||
Senior Adult Ministry |
11,652 |
12,000 |
( 348 ) |
|||
Adult Education Ministry |
15,360 |
19,000 |
( 3,640 ) |
|||
Music |
52,543 |
53,500 |
( 957 ) |
|||
Media |
57,047 |
57,400 |
( 353 ) |
|||
Membership & Lay Ministry |
8,276 |
8,500 |
( 224 ) |
|||
Next Steps / Men ' s Ministry |
31,770 |
24,600 |
7,170 |
|||
Spanish Ministry |
8,103 |
8,100 |
3 |
|||
Communication / Creative Arts |
164,759 |
201,000 |
( 36,241 ) |
|||
Personnel |
4,056,514 |
4,228,200 |
( 171,686 ) |
|||
Administration |
464,921 |
491,100 |
( 26,179 ) |
|||
Information Services |
170,597 |
149,400 |
21,197 |
|||
Ministry Development |
0 |
1,500 |
( 1,500 ) |
|||
Campus Operations |
1,733,652 |
1,490,500 |
243,152 |
|||
Safety & Security |
59,538 |
57,100 |
2,438 |
|||
Capital Expenditures |
278,832 |
261,300 |
17,532 |
|||
Ministry Supplements |
6,330 |
78,000 |
( 71,670 ) |
|||
Total Expenses |
7,722,566 |
7,762,900 |
( 40,334 ) |
|||
Total General Budget Net Assets |
$ |
533,873 |
$ |
- |
$ |
533,873 |
Cash |
$ |
1,847,571 |
General Budget |
$ |
533,873 |
Truist Securities CDs & MMA |
1,551,749 |
Special Activities |
2,838,222 |
||
National Christian Foundation |
66,012 |
IR Eats Café |
18,534 |
||
Other Receivables & Prepaids |
783,974 |
Faith Promise |
181,536 |
||
Inventory |
12,745 |
Thrift Center |
282,640 |
||
Net Property & Equipment |
973,479 |
Food Service |
208,375 |
||
Accounts Payable |
( 180,618 ) |
Investment in P & E |
991,733 |
||
Total |
$ |
5,054,912 |
Total |
$ |
5,054,912 |
2 |