STATEMENT OF GENERAL BUDGET ACTIVITIES | ||||||
For the Nine Months Ended March 31, 2025 | ||||||
Over( Under) |
||||||
Revenue |
Actual |
Budget |
Budget |
|||
Tithes & Offerings- Largo |
$ |
6,050,069 |
$ |
5,327,400 |
$ |
722,669 |
Tithes & Offerings- En Espanol |
18,277 |
- |
18,277 |
|||
Tithes & Offerings- North East Park |
49,626 |
- |
49,626 |
|||
IRCS Reimbursement |
2,394,900 |
2,394,900 |
- |
|||
Faith Promise Reimbursement |
48,895 |
48,895 |
- |
|||
Thrift Center Reimbursement |
207,745 |
207,745 |
- |
|||
ROM Reimbursement |
10,800 |
10,800 |
- |
|||
Special Events |
1,226 |
- |
1,226 |
|||
Other Income |
79,682 |
- |
79,682 |
|||
Interest Income |
95,416 |
37,500 |
57,916 |
|||
Total Revenue |
8,956,637 |
8,027,240 |
929,397 |
|||
Expenses World Missions |
242,207 |
244,505 |
( 2,298) |
|||
Pastoral Ministry |
118,070 |
83,551 |
34,519 |
|||
Community Outreach |
16,960 |
23,300 |
( 6,340) |
|||
Preschool Ministry |
18,818 |
16,728 |
2,090 |
|||
Children ' s Ministry |
47,130 |
44,353 |
2,777 |
|||
Youth Ministry |
56,496 |
75,600 |
( 19,104) |
|||
Young Adult Ministry |
- |
26,640 |
( 26,640) |
|||
Senior Adult Ministry |
11,404 |
17,700 |
( 6,296) |
|||
Groups Ministry |
46,046 |
48,060 |
( 2,014) |
|||
Music |
46,049 |
58,275 |
( 12,226) |
|||
Media |
52,610 |
55,670 |
( 3,060) |
|||
Lay Ministry |
6,640 |
8,700 |
( 2,060) |
|||
Next Steps |
57,697 |
43,900 |
13,797 |
|||
Spanish Ministry |
13,253 |
11,775 |
1,478 |
|||
Communication / Creative Arts |
147,566 |
140,380 |
7,186 |
|||
Pinellas Park Campus |
117,028 |
- |
117,028 |
|||
North East Park Campus |
179,535 |
- |
179,535 |
|||
Personnel |
4,009,925 |
4,147,825 |
( 137,900) |
|||
Administration |
583,752 |
553,740 |
30,012 |
|||
Information Services |
233,826 |
170,865 |
62,961 |
|||
Ministry Development |
7,191 |
10,350 |
( 3,159) |
|||
Campus Operations |
1,311,872 |
1,512,090 |
( 200,218) |
|||
Safety & Security |
51,182 |
52,275 |
( 1,093) |
|||
Capital Expenditures |
252,997 |
266,235 |
( 13,238) |
|||
Ministry Supplements |
3,429 |
412,515 |
( 409,087) |
|||
Total Expenses |
7,631,681 |
8,025,032 |
( 393,351) |
|||
Total General Budget Net Assets |
$ |
1,324,955 |
$ |
2,208 |
$ |
1,322,747 |
STATEMENT OF NET ASSETS | |||||
Assets & Liabilities |
Net Assets |
||||
Cash |
$ |
3,225,793 |
General Budget |
$ |
1,324,955 |
Truist Securities CDs & MMA |
1,188,824 |
Special Activities |
3,271,097 |
||
National Christian Foundation |
79,588 |
Faith Promise |
310,735 |
||
Other Receivables & Prepaids |
980,517 |
Thrift Center |
162,670 |
||
Inventory |
30,455 |
Food Service |
196,907 |
||
Net Property & Equipment |
683,918 |
Investment in P & E |
702,172 |
||
Accounts Payable |
( 220,557) |
||||
Total |
$ |
5,968,537 |
Total |
$ |
5,968,537 |