Financial Report

For the Quarter Ending

March 31, 2005

 

General Account Balance Forward from Previous Quarter

$

5,284.32

¥

Received Funds:

 

 

 

 

Regular Offering JanuaryWith Interests

$

2,197.72

 

 

Regular Offering FebruaryWith Interests

 

1,965.03

 

 

Regular Offering MarchWith Interests

 

1,884.11

 

 

Damon C. Dodd Mission Offering

 

200.00

 

 

Total Funds Received

$

6,246.86

 

¥

Expenditures:

 

 

 

 

Cooperative Giving (5%)1

$

285.00

 

 

Acts 1:8 Fund (5%)2

 

285.00

 

 

Associational Expenses

 

420.00

 

 

Travel and Meetings3

 

75.00

 

 

Utilities (Electric, Gas, Water, Sewer)

 

837.73

 

 

Telephone

 

471.52

 

 

Office and Ministry Expenses

 

422.76

 

 

Buildings and Grounds

 

1,035.05

 

 

 

 

 

 

 

Total Expenditures

$

3,832.06

 

Increase (Decrease) in Funds

 

+

$

2,414.80

 

20%  of Increase Transferred to Building Fund

-

482.96

 

5% of Increase Transferred to Benevolent Fund

-

120.74

General Account Balance

$

7,095.42

1December=$75.00; January=$110.00; February=$100.00

2December=$75.00; January=$110.00; February=$100.00

3State Ministerial Association

 

Building Fund Balance Forward

 

 

$

-0-

Received Funds

$

 

482.96

 

Building Fund Expenditures

 

 

-0-

 

Current Building Fund Balance

 

 

$

482.96

Benevolent Fund Balance Forward

 

 

$

-0-

Received Funds

$

120.74

 

Benevolent Fund Expenditures

 

-0-

 

Current Benevolent Fund Balance

 

 

$

120.74