September 2014 Treasurers Recap Report

Series: Minutes

St. Paul's 2014 Third Quarter Snapshot
  Budget YTD Actual YTD Budget:Actual
REVENUES      
Loose Plate Offering 10,500 8,531 (1,969)
Pledge Receipts  38,250 45,632 7,382
Other Income 21,467 24,984 3,517
Total Operating Revenues  $70,217 $79,147 8,930
       
EXPENSES       
Rector:       
Rector's Salary Package 33,000 33,000 0
Health Insurance  4,000 141 (3,859)
Rector's SECA (self-employment tax) 2,533 2,526 (7)
Rector Transition Expense 14,567 19,338 4,771
Total Rector  $54,100 $55,005 905
Interim Rector:       
Total Interim Rector (one month) $5,998 $5,998 $0
Lay Employee Salaries & Benefits:       
Lay Staff Salaries 13,988 11,795 (2,193)
Lay Staff Taxes and Benefits 6,470 4,944 (1,526)
Total Lay Employee Salaries & Benefits  $20,458 $16,739 ($3,719)
Church and Buildings:       
Building Maintenance  2,175 1,242 (933)
Unbudgeted Building Improvements * 0 2,974 2,974
Church Utilities  3,075 2,117 (958)
Total Church and Buildings  $5,250 $6,333 $1,083
Professional Services:      
Legal 2,625 1,225 (1,400)
Accounting & Audit 1383 1,066 (317)
Total Professional Services $4,008 $2,291 ($1,717)
General & Administrative:       
Administrative 2,708 1,649 (1,059)
Copier Rental 2,025 3,489 1,464
Telephones & Internet Service  2,525 1,642 (883)
Travel 1,750 621 (1,129)
Total General & Administrative $9,008 $7,401 ($1,607)
Christian Formation:      
Total Christian Formation $600 $0 ($600)
  Budget YTD Actual YTD Budget:Actual
Internal Programs:       
Music Program 4,166 3,350 (816)
Internal Ministries 1,725 777 (948)
Communication & Publicity  2,600 2,672 72
Total Internal Programs  $8,491 $6,799 ($1,692)
  Budget YTD Actual YTD Budget:Actual
Outreach:       
Total Outreach  $34,400 $28,761 ($5,639)
 
  Budget YTD Actual YTD Budget:Actual
Grand Total Expenses $142,311 $129,327 ($12,984)
Grand Total Income $70,217 $79,147 $8,930
Unsupported Net Revenues  (Shortfall) ($72,094) ($50,180) $21,914
Support from Reserve Account $75,000 $65,000 ($10,000)
Net Revenues (Shortfall) $2,907 $14,820 $11,914