June 3, 2020

FINANCIAL REPORT

Week 9

(Our fiscal year begins on April 1, 2020)

 

EMERGENCY BUDGET

(Normally, we have an annual meeting in early April to approve a proposed budget for the year.  Due to the pandemic, we did not hold an annual meeting and didn't know how the pandemic would affect us us financially.  So the elders adopted what we call and "EMERGENCY BUDGET" which maintains most of the previous budget.)

INCOME: Last Week: 

$4,730.62

INCOME: Month of May

$ 16,298.02

INCOME: Fiscal Year 

$33,398.99

EXPENSES: Fiscal Year

$36,248.15

BUDGET GOAL: Fiscal year 

$30,191.28

SAVINGS

$13,081.14

CHECKING

$25,620.46

SBA   PPP FORGIVEABLE LOAN

Included in Checking

$21,347.00

 

God was faithful and you were faithful in April and May.

Praise the Lord.

Your faithfulness is appreciated.

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