2006 Year End Finances

2006 Budget vs. Actual

  Budgeted Actual   Variation

Donations

 $63,456.00 $67,350.86*   6%
 
Salary & Housing $29,208.00 $29,208.00   0%
Benefits** $14,928.00 $14,801.11   -0.85%
Ministry Expenses $11,700.00 $9,447.47   -19.25%
CRM Services $7,620.00 $8,101.20   6.31%

Total Expenses

 $63,456.00 $61,557.78   -2.99%
 

Balance

 $0.00 $5,793.08***    


* Actual donations to Fund #7271 were $70,300 but $2,949.14 was actually intended for and allocated to Special Project Fund #7272.

** Benefits include: contribution to InnerCHANGE CrossWalk Fund and other staff, mandatory minimum retirement contribution, taxable mileage, health insurance, disability insurance, liability insurance, worker's compensation, and transfers to furlough, conference, and medical savings accounts.

***In past years we immediately gave away the year end surplus from our fundraising. Though experience we've learned to hold off on this giving for a few months to help us ride out the lean months of January through May.

A full 33% of our donations came into our account in November and December which means that, for much of the year, we were in a deficit. This resulted in missing paychecks and unreimbursed ministry expenses. If possible, it would help us greatly if you could donate at regular intervals throughout the year.