Year-to-Date Financial Update

Treasurer's Year-to-Date Financial Update

Our cash flow position is adequate as we move into the second quarter of our budget year. As of the end of March, member giving was $10,721 under what we had budgeted for the first quarter. The good news is that Community House income was $7,092 above what was budgeted for the first quarter. The church is $16,811 in the black (income less expenditures) year-to-date, mostly due to lower than anticipated expenditures. We took our first $10,000 enrichment transfer of the year on March 28.

 Below are our account balances as of April 12, 2024

·        General Operating Fund: $15,914

·        Capital Fund: $2,840

·        New Neighbors Fund: $3,444

·        Frank Hoffman Scholarship Fund: $1,510