Policies & Procedures
Electronic Funds Transfer
Quarterly Letter, October 2018
Dear Church Family,
The third quarter of 2018 has come to a close for our church programming and financial stewardship. What was forecast as a busy period, exceeded expectations with numerous events and programs. The fourth annual Block Party, September 16, was a huge success with fun and food enjoyed by everyone. The Youth Group kick-off occurred on October 7th with over 30 teens participating. “Wednesday Night Suppers” are back by popular demand, starting in early October. Auditions for “Annie” are also occurring Sunday October 21.
Upcoming events include: Trunk or Treat on October 24, Eaton Rapids Hand bell Festival – October 27 @ 2:30pm and “Men Who Cook Brunch & Silent Auction on October 28th. All of this wonderful community outreach, with the Holidays now in sight.
Financially the church continues to enjoy a positive trend in giving in support of new and existing programming.
Here are your financial highlights for the third quarter:
*Giving toward the budget as of 9/30/18 was $326,055. This continues a trend of increased giving, which began in 2015, and ahead of our 2017 pace.
*Expenses through 9/30/17 were $319,505, generating an excess of $6,550.
*The Unified Fund Balance continues to be in our desired range at $54,317.
*Building fund giving has been consistent and has totaled $31,928, through September.
*Small Blessings ended the third quarter with Total Revenue of $210,309 and Total Expenses of $220,624, resulting in a deficit of $10,315. The board expects this position to improve by year-end.
Other items of note are:
*The annual audit was completed by Ray Fluegeman with good marks received for accounting accuracy and adherence to policies.
*Work on the 2019 budget should be finalized by the end of November.
*The 2019 Stewardship process has officially started with an important message delivered from Chuck Reid, Chair. Thank you for considering the annual appeal letter and making an estimate of your giving at your earliest convenience. This allows for informed budget planning.
On behalf of the Finance Committee, thank you for your generosity & support.
Gary Wichman, Chair