FINANCIAL REPORT 2024
2024 TOTAL INCOME:
$2,126,996.54
2024 INCOME BREAKDOWN
TITHES AND OFFERING:
$1,471,294.95
Kingdom builders:
$262,273.62
other income:
$393,027.97
(building rental, event registration, resource sales)
2024 TOTAL EXPENDITURE ALLOCATION
- Facilities = $403,544.00
- Personnel = $635,881.73
- Ministry = $333,874.86
- Missions = $343,625.41
- Principal Debt Reduction = $100,000
- Facilities = $403,544.00
- Personnel = $635,881.73
- Ministry = $333,874.86
- Missions = $343,625.41
- Principal Debt Reduction = $100,000
Facilities = (Liability insurance, equipment, furniture, utilities, mortgage principal/interest)
Personnel = (Staff salary, benefits, development, taxes)
Ministry = (CL Kids, Thrive, Experience, Operations, Life Groups, Outreach, SW Location)
Missions = (Missionary support, project support, Kingdom Builder partnerships)
Principal Debt Reduction = (Additional payments made directly to reduce our debt)