1:47 PM Balance Sheet As of October 31, 2016 Oct 31, 16 ASSETS Current Assets Checking/Savings General / Design Fd un Tr 5295 20,370.46 BOC- General Operating 2399 31,858.71 BOC - Reserve Bequests. 2381 30,700.00 Designated Fund Liberty Bank -224.00 Pillars BOC - 0459 49,754.85 SunTrust CD 5,418.58 SunTrust Credit Card Acct. 3809 4,633.71 Total Checking/Savings 142,512.31 Total Current Assets 142,512.31 Fixed Assets Building & Land Building 1,154,949.16 Land 65,000.00 Modular 31,000.00 Total Building & Land 1,250,949.16 Fixed Assets Chapel Chairs 3,889.00 Lawn Equipment 6,046.25 Music & Sound Equipment 33,559.25 Office Equipment 7,307.98 Office Furniture 1,000.00 Outdoor Equipment 1,000.00 Panels 1,456.54 Sanctuary 10,000.00 Total Fixed Assets 64,259.02 Total Fixed Assets 1,315,208.18 TOTAL ASSETS 1,457,720.49 LIABILITIES & EQUITY Liabilities Current Liabilities Other Current Liabilities Flow thru account Doreen Anderson Memorial Fund 480.00 Baton Rouge 890.50 Total Flow thru account 1,370.50 Total Other Current Liabilities 1,370.50 Total Current Liabilities 1,370.50 Long Term Liabilities Mortgage Bank of Commerce Mortgage 643,099.03 Total Mortgage 643,099.03 Total Long Term Liabilities 643,099.03 Total Liabilities 644,469.53 Equity Page 1 of 8
1:47 PM Balance Sheet As of October 31, 2016 Oct 31, 16 Designated Funds Building Maintenance Fund Expenses building Waste Management - trash pickup -93.24 Total Expenses building -93.24 Total Building Maintenance Fund -93.24 Kennedy Memorial Fund 1,030.00 Total Designated Funds 936.76 Reserve Funds Operational Reserve (Bequest) 25,027.67 Total Reserve Funds 25,027.67 Retained Earnings 830,134.17 Net Income -42,847.64 Total Equity 813,250.96 TOTAL LIABILITIES & EQUITY 1,457,720.49 Page 2 of 8
1:25 PM Profit & Loss Budget Performance Oct 16 Budget Jan - Oct 16 YTD Budget Annual Budget Ordinary Income/Expense Income Designated Fund Revenue 20th Anniversary 0.00 0.00 0.00 0.00 0.00 Be a Gem 0.00 0.00 Building Fund Contribution Adoption Program 394.00 1,075.08 7,339.00 10,750.84 12,901.00 Mortgage Sunday 208.00 416.67 2,639.00 4,166.66 5,000.00 Total Building Fund Contribution 602.00 1,491.75 9,978.00 14,917.50 17,901.00 Conference Fund Contributions 25.00 200.00 266.77 2,000.00 2,400.00 Deacon's Emergency Fund Contrib 0.00 50.00 300.00 500.00 600.00 Estate Bequest-Interest Earned 0.00 0.21 Grounds Contributions 0.00 143.26 Lenten Offerings 0.00 0.00 3,850.00 3,800.00 3,800.00 Memorial Fund Contributions 0.00 50.00 Memorial Leaves 200.00 1,000.00 Missions Fund Contributions 0.00 10.00 Pillars - Interest Earned 0.00 65.18 Pillars Contributions 1,910.00 3,991.00 20,995.00 39,910.00 47,892.00 Total Designated Fund Revenue 2,737.00 5,732.75 36,658.42 61,127.50 72,593.00 Fundraising Revenue 0.00 0.00 0.00 0.00 0.00 General Fund Income First Fruits 0.00 20.00 0.00 200.00 240.00 Fundraising Revenue 915.00 7,871.75 Interest 0.00 72.67 Miscellaneous Income 270.00 10.00 1,027.52 100.00 120.00 Special Envelope Offerings 127.00 258.33 754.00 2,583.34 3,100.00 Special Services 0.00 100.00 836.50 1,000.00 1,200.00 Sunday Offerings 8,460.00 11,918.00 79,719.20 119,179.00 143,015.00 Worship & Celebration Offering 0.00 501.50 Total General Fund Income 9,772.00 12,306.33 90,783.14 123,062.34 147,675.00 Total Income 12,509.00 18,039.08 127,441.56 184,189.84 220,268.00 Gross Profit 12,509.00 18,039.08 127,441.56 184,189.84 220,268.00 Expense Building Expenses Bottled Water 12.92 50.00 334.23 500.00 600.00 Electricity North campus 155.79 120.00 1,486.69 1,200.00 1,440.00 Electricity South Campus 508.69 505.00 5,446.43 5,050.00 6,060.00 Groundskeeping 0.00 225.00 61.53 2,250.00 2,700.00 Insurance-Building 3,417.04 1,083.33 10,218.19 10,833.34 13,000.00 Mortgage Interest 2,685.02 2,700.00 27,532.78 27,000.00 32,400.00 Permits & fees 0.00 50.00 Pest Control 80.00 225.00 320.00 2,250.00 2,700.00 Real Estate Taxes 0.00 173.33 0.00 1,733.34 2,080.00 Repairs & Maintenance 0.00 458.33 3,779.34 4,583.34 5,500.00 Waste Management -Trash 0.00 100.00 763.52 1,000.00 1,200.00 Water/ Well 22.45 366.67 662.70 3,666.66 4,400.00 Total Building Expenses 6,881.91 6,006.66 50,655.41 60,066.68 72,080.00 Page 3 of 8
1:25 PM Profit & Loss Budget Performance Oct 16 Budget Jan - Oct 16 YTD Budget Annual Budget Departments Administration Bank Processing Fees Bank Fees 17.25 30.00 398.74 300.00 360.00 Returned checks 0.00-23.10 Total Bank Processing Fees 17.25 30.00 375.64 300.00 360.00 Equipment Lease 407.00 500.00 5,209.14 5,000.00 6,000.00 Licenses & Fees 0.00 83.33 1,092.06 833.34 1,000.00 Maintenance & Repair Equip Maintenance Contract 0.00 100.00 175.00 1,000.00 1,200.00 Office Equipment Repair 0.00 125.00 0.00 1,250.00 1,500.00 Total Maintenance & Repair 0.00 225.00 175.00 2,250.00 2,700.00 Meals & Entertainment 0.00 334.30 Medical Insurance Benefit 350.00 0.00 3,500.00 0.00 0.00 Office Supplies 863.76 226.33 3,256.23 2,263.34 2,716.00 Pastor's Auto Allowance 0.00 0.00 0.00 0.00 0.00 Pastor's Housing 1,000.00 0.00 10,000.00 0.00 0.00 Pastor's Salary Package 0.00 0.00 0.00 0.00 0.00 Pastors Wage 730.00 1,000.00 7,300.00 10,000.00 12,000.00 Payroll Taxes 145.30 400.00 3,415.40 4,000.00 4,800.00 Postage Postage 0.00 60.00 96.00 600.00 720.00 Total Postage 0.00 60.00 96.00 600.00 720.00 Professional & Consulting 600.00 295.83 7,050.00 2,958.34 3,550.00 Staff Wages 880.00 958.38 9,445.00 9,583.24 11,500.00 Subcontractors 0.00 378.00 Subscriptions 0.00 35.00 0.00 350.00 420.00 Telecommunications Cell phone 0.00-174.79 Internet / Comcast 0.00 156.25 455.64 1,562.50 1,875.00 Long Distance 0.00 50.75 0.00 507.50 609.00 Telephone 0.00 217.23 Total service 449.82 1,831.12 Total Telecommunications 449.82 207.00 2,329.20 2,070.00 2,484.00 Volunteer Program 0.00 50.00 635.95 500.00 600.00 Total Administration 5,443.13 4,070.87 54,591.92 40,708.26 48,850.00 Community Outreach Advertising 0.00 41.67 378.00 416.66 500.00 Charitable Contributions 0.00 25.00 250.00 250.00 300.00 Dues & Registration 0.00 0.00 168.00 0.00 0.00 Pastor's Salary 364.00 3,640.00 Staff Wages 0.00 500.00 0.00 5,000.00 6,000.00 Supplies 0.00 31.25 0.00 312.50 375.00 Total Community Outreach 364.00 597.92 4,436.00 5,979.16 7,175.00 Congregational Care Pastor's Wages 548.00 750.00 5,480.00 7,500.00 9,000.00 Staff Wages 0.00 0.00 0.00 0.00 0.00 Supplies 0.00 8.33 0.00 83.34 100.00 Total Congregational Care 548.00 758.33 5,480.00 7,583.34 9,100.00 Page 4 of 8
1:25 PM Profit & Loss Budget Performance Oct 16 Budget Jan - Oct 16 YTD Budget Annual Budget Education Continuing Education 0.00 41.67 0.00 416.66 500.00 Materials 0.00 12.50 0.00 125.00 150.00 Pastor's Salary 182.00 1,820.00 Staff Wages 0.00 250.00 0.00 2,500.00 3,000.00 Total Education 182.00 304.17 1,820.00 3,041.66 3,650.00 Worship, Celebration & Mus Multimedia & Sound 0.00 916.67 327.79 9,166.66 11,000.00 Music Staff & worship staff 1,550.00 1,166.67 13,512.00 11,666.66 14,000.00 Music Supplies & License Fees 60.00 41.67 740.22 416.66 500.00 Pastor's Wages 1,826.00 2,500.00 18,260.00 25,000.00 30,000.00 Worship Supplies 0.00 50.00 1,036.28 500.00 600.00 Total Worship, Celebration & Mus 3,436.00 4,675.01 33,876.29 46,749.98 56,100.00 Total Departments 9,973.13 10,406.30 100,204.21 104,062.40 124,875.00 Conference Fund Expenses 0.00 6,074.79 Fundraising Expenses Advertising 0.00 76.00 Credit Card Processing 0.00 75.59 Dance Expenses 0.00 81.90 Other 0.00 343.00 Polo/Tee Shirt Expenses 0.00 182.10 Seasonal Flowers 0.00 175.36 Total Fundraising Expenses 0.00 933.95 Honorarium 0.00 62.50 600.00 625.00 750.00 Memorial Expenses Kennedy Memorial 500.00 500.00 Memorial Expenses-Other Expense 0.00 11.50 Memorial Leafs 0.00 79.84 Total Memorial Expenses 500.00 591.34 Payroll Expenses 0.00 1,082.73 Professional & Consulting Fees 26.00 26.00 UFMCC Obligations Tithes (12.0% 853.20 1,326.25 9,227.52 13,262.50 15,915.00 UFMCC Pension Fund 0.00 103.00 893.25 1,030.00 1,236.00 Total UFMCC Obligations 853.20 1,429.25 10,120.77 14,292.50 17,151.00 Total Expense 18,234.24 17,904.71 170,289.20 179,046.58 214,856.00 Net Ordinary Income -5,725.24 134.37-42,847.64 5,143.26 5,412.00 Net Income -5,725.24 134.37-42,847.64 5,143.26 5,412.00 Page 5 of 8
1:41 PM Profit & Loss Oct 16 Jan - Oct 16 Ordinary Income/Expense Income Designated Fund Revenue Be a Gem 0.00 0.00 Building Fund Contribution Adoption Program 394.00 7,339.00 Mortgage Sunday 208.00 2,639.00 Total Building Fund Contribution 602.00 9,978.00 Conference Fund Contributions 25.00 266.77 Deacon's Emergency Fund Contrib 0.00 300.00 Estate Bequest-Interest Earned 0.00 0.21 Grounds Contributions 0.00 143.26 Lenten Offerings 0.00 3,850.00 Memorial Fund Contributions 0.00 50.00 Memorial Leaves 200.00 1,000.00 Missions Fund Contributions 0.00 10.00 Pillars - Interest Earned 0.00 65.18 Pillars Contributions 1,910.00 20,995.00 Total Designated Fund Revenue 2,737.00 36,658.42 General Fund Income Fundraising Revenue 915.00 7,871.75 Interest 0.00 72.67 Miscellaneous Income 270.00 1,027.52 Special Envelope Offerings 127.00 754.00 Special Services 0.00 836.50 Sunday Offerings 8,460.00 79,719.20 Worship & Celebration Offering 0.00 501.50 Total General Fund Income 9,772.00 90,783.14 Total Income 12,509.00 127,441.56 Gross Profit 12,509.00 127,441.56 Expense Building Expenses Bottled Water 12.92 334.23 Electricity North campus 155.79 1,486.69 Electricity South Campus 508.69 5,446.43 Groundskeeping 0.00 61.53 Insurance-Building 3,417.04 10,218.19 Mortgage Interest 2,685.02 27,532.78 Permits & fees 0.00 50.00 Pest Control 80.00 320.00 Repairs & Maintenance 0.00 3,779.34 Waste Management -Trash 0.00 763.52 Water/ Well 22.45 662.70 Total Building Expenses 6,881.91 50,655.41 Page 6 of 8
1:41 PM Profit & Loss Oct 16 Jan - Oct 16 Departments Administration Bank Processing Fees Bank Fees 17.25 398.74 Returned checks 0.00-23.10 Total Bank Processing Fees 17.25 375.64 Equipment Lease 407.00 5,209.14 Licenses & Fees 0.00 1,092.06 Maintenance & Repair Equip Maintenance Contract 0.00 175.00 Total Maintenance & Repair 0.00 175.00 Meals & Entertainment 0.00 334.30 Medical Insurance Benefit 350.00 3,500.00 Office Supplies 863.76 3,256.23 Pastor's Housing 1,000.00 10,000.00 Pastors Wage 730.00 7,300.00 Payroll Taxes 145.30 3,415.40 Postage Postage 0.00 96.00 Total Postage 0.00 96.00 Professional & Consulting 600.00 7,050.00 Staff Wages 880.00 9,445.00 Subcontractors 0.00 378.00 Telecommunications Cell phone 0.00-174.79 Internet / Comcast 0.00 455.64 Telephone 0.00 217.23 Total service 449.82 1,831.12 Total Telecommunications 449.82 2,329.20 Volunteer Program 0.00 635.95 Total Administration 5,443.13 54,591.92 Community Outreach Advertising 0.00 378.00 Charitable Contributions 0.00 250.00 Dues & Registration 0.00 168.00 Pastor's Salary 364.00 3,640.00 Total Community Outreach 364.00 4,436.00 Congregational Care Pastor's Wages 548.00 5,480.00 Total Congregational Care 548.00 5,480.00 Education Pastor's Salary 182.00 1,820.00 Total Education 182.00 1,820.00 Page 7 of 8
1:41 PM Profit & Loss Oct 16 Jan - Oct 16 Worship, Celebration & Mus Multimedia & Sound 0.00 327.79 Music Staff & worship staff 1,550.00 13,512.00 Music Supplies & License Fees 60.00 740.22 Pastor's Wages 1,826.00 18,260.00 Worship Supplies 0.00 1,036.28 Total Worship, Celebration & Mus 3,436.00 33,876.29 Total Departments 9,973.13 100,204.21 Conference Fund Expenses 0.00 6,074.79 Fundraising Expenses Advertising 0.00 76.00 Credit Card Processing 0.00 75.59 Dance Expenses 0.00 81.90 Other 0.00 343.00 Polo/Tee Shirt Expenses 0.00 182.10 Seasonal Flowers 0.00 175.36 Total Fundraising Expenses 0.00 933.95 Honorarium 0.00 600.00 Memorial Expenses Kennedy Memorial 500.00 500.00 Memorial Expenses-Other Expense 0.00 11.50 Memorial Leafs 0.00 79.84 Total Memorial Expenses 500.00 591.34 Payroll Expenses 0.00 1,082.73 Professional & Consulting Fees 26.00 26.00 UFMCC Obligations Tithes (12.0% 853.20 9,227.52 UFMCC Pension Fund 0.00 893.25 Total UFMCC Obligations 853.20 10,120.77 Total Expense 18,234.24 170,289.20 Net Ordinary Income -5,725.24-42,847.64 Net Income -5,725.24-42,847.64 Page 8 of 8