Actual
|
Budget
| |
Income | ||
| Offerings | $339,378 | $310,000 |
| Offerings - Special for Designated Donation | $6,385 | - |
| Rent & Others | $68,075 | $58,634 |
| Total Revenue | $413,838 | $368,634 |
Expense | ||
| Ministries (Incl. salaries of the pastoral staffs) | $188,208 | $197,794 |
| Administration (Incl. salaries of the admin staff) | $59,257 | $61,697 |
| Loan Payment | $70,000 | $50,000 |
| Loan Interest | $4,419 | $4,450 |
| Saving for Maintenance | - | - |
| Building & Grounds | $36,179 | $35,150 |
| Special Donation | $9,742 | - |
| Others | $13,675 | $19,480 |
| Total Expense | $381,480 | $368,571 |
| Restricted Fund | - | ($500) |
| Balance | $32,358 | 63 |
Accounting Adjusting Entries | ||
| Amortization | ($31,977) | - |
| Loan Payment | 70,000 | - |
| Savings for Maintenance | - | - |
| Accounting Net Income (Loss) | $70,381 | - |
Loan | |||
| CBWC Loans |
Congregational Loan
|
Total
| |
| Dec 2014 |
-
|
$314,469
|
$314,469
|
Dec 2015
|
-
|
$248,588
|
$248,588
|
No comments:
Post a Comment