Treasurer's Report

Summary of the Treasurer’s Report on January 27, 2019

View a PDF of the presentation.

Summary of Fourth Quarter 2018

Giving was $3.07M.

  • Down $240K when compared to Q4 2017 giving

Spending was $2.96M.

  • Down $190K when compared to Q4 2017 spending
  • $180K below Q4 2018 budget

Giving exceeded spending by $112K.

2018 Summary

Giving was $10.18M.

  • Down $768K from 2017 when giving was $10.95M
  • Does not include $1.1M of designated gifts towards the South Campus

Spending was $10.30M.

  • Down $33K when compared to 2017
  • $897K below 2018 budgeted spending of $11.2M

Spending exceeded giving by $125K.

Conclusion

While giving was down in 2018, expenses were well managed in line with contributions.

Prayer Requests

  • Praise God for the generosity seen throughout the 25 month acceleration phase of Fill These Cities: 25 x ’25.
  • Pray that we would continue to depend on God to meet our needs in the years to come.

Slides can be seen by viewing a PDF of the presentation.

Downtown Campus

720 13th Avenue South, Minneapolis, Minnesota, 55415
Sundays, 7:30am, 9am & 11am

North Campus

5151 Program Ave, Mounds View, Minnesota, 55112
Sundays, 9am & 11am

South Campus

20700 Kenrick Ave, Lakeville, Minnesota, 55044
Sundays, 10:30am