FAITH PROMISE MISSIONS | ||||||
STATEMENT OF REVENUE AND EXPENSES | ||||||
For the Twelve Months Ended June 30 , 2023 | ||||||
Over /( Under ) |
||||||
Revenue |
Actual |
Budget |
Budget |
|||
Faith Promise Contributions |
$ |
508,044 |
$ |
454,200 |
$ |
53,844 |
Expenses Missionary Support |
318,044 |
342,600 |
( 24,556 ) |
World Mission Conference |
32,935 |
43,300 |
( 10,365 ) |
Personnel |
61,900 |
61,900 |
- |
Administration |
8,218 |
6,400 |
1,818 |
Total Expenses |
421,097 |
454,200 |
( 33,103 ) |
Unrestricted Net Assets - Current Year |
86,947 |
$ |
- |
$ |
86,947 |
|
Unrestricted Net Assets - Prior Year |
94,589 |
|||||
Total Faith Promise Net Assets |
$ |
181,536 |
||||
INDIAN ROCKS THRIFT CENTER | ||||||
STATEMENT OF REVENUE AND EXPENSES | ||||||
For the Twelve Months Ended June 30 , 2023 | ||||||
Over /( Under ) |
||||||
Revenue |
Actual |
Budget |
Budget |
|||
Thrift Center Sales |
$ |
714,364 |
$ |
869,600 |
$ |
( 155,236 ) |
Expenses Personnel |
276,954 |
358,500 |
( 81,546 ) |
Administration |
292,081 |
291,100 |
981 |
Mission Support |
336,570 |
220,000 |
116,570 |
Total Expenses |
905,605 |
869,600 |
36,005 |
Unrestricted Net Assets - Current Year |
( 191,241 ) |
$ |
- |
$ |
( 191,241 ) |
|
Unrestricted Net Assets - Prior Year |
473,881 |
|||||
Total Thrift Center Net Assets |
$ |
282,640 |
||||