FAITH PROMISE MISSIONS | ||||||
STATEMENT OF REVENUE AND EXPENSES | ||||||
For the Twelve Months Ended June 30 , 2024 | ||||||
Over /( Under ) |
||||||
Revenue |
Actual |
Budget |
Budget |
|||
Faith Promise Contributions |
$ |
531,971 |
$ |
434,100 |
$ |
97,871 |
Expenses Missionary Support |
332,594 |
319,200 |
13,394 |
World Mission Conference |
34,355 |
43,300 |
( 8,945 ) |
Personnel |
65,200 |
65,200 |
- |
Administration |
9,800 |
6,400 |
3,400 |
Total Expenses |
441,949 |
434,100 |
7,849 |
Unrestricted Net Assets - Current Year |
90,021 |
$ |
- |
$ |
90,021 |
|
Unrestricted Net Assets - Prior Year |
181,536 |
|||||
Total Faith Promise Net Assets |
$ |
271,557 |
||||
INDIAN ROCKS THRIFT CENTER | ||||||
STATEMENT OF REVENUE AND EXPENSES | ||||||
For the Twelve Months Ended June 30 , 2024 | ||||||
Over /( Under ) |
||||||
Revenue |
Actual |
Budget |
Budget |
|||
Thrift Center Sales |
$ |
779,961 |
$ |
890,600 |
$ |
( 110,639 ) |
Expenses Personnel |
323,160 |
358,500 |
( 35,340 ) |
Administration |
312,499 |
312,100 |
399 |
Mission Support |
196,488 |
220,000 |
( 23,512 ) |
Total Expenses |
832,146 |
890,600 |
( 58,454 ) |
Unrestricted Net Assets - Current Year |
( 52,186 ) |
$ |
- |
$ |
( 52,186 ) |
|
Unrestricted Net Assets - Prior Year |
282,640 |
|||||
Total Thrift Center Net Assets |
$ |
230,454 |
||||