Financial Updates
Helpful Finance Resources
​
​​
​​
​​
​​
You are welcome to send any questions or comments about our church finances either to our whole Leadership Team or directly to Stew Konzen (LT Financial Officer)
September 27, 2023 Financial Update​
​
​
​
Below are nearly final numbers for Fiscal Year 2022-2023, which ran from
September 2022 - August 2023.
​Income was down $17,834 (-3.8%) compared to budget. Expenses were down significantly -$46,165 (-10.1%) as we made budget cuts. We almost balanced the budget with an annual loss of just -$956. This was 33 times better than our budgeted deficit of -$33,672.
Compared to the prior fiscal year, our income was up $40,691 (10.0%), while expenses were up a modest $3,104 (0.7%). Growth was actually pretty good and we were able to constrain expense growth so that we are on track to balance the budget going forward.