First Free Will Baptist Church of Valdosta, GA, Inc., d.b.a.

Open Door Fellowship

2400 North Forrest Street

Valdosta, GA 31602

Also available on the web at www.odffwb.org ---Choose Church Family Information

 

 

Financial Report

For the Quarter Ending December 31, 2005

 

General Account Balance forward from Previous Quarter

$ 7,580.51

 

Received Funds:

 

 

 

 

 

 

Regular Offerings for October With Interest

 

$ 1.947.76

 

 

 

 

Regular Offerings for November With Interest

 

3,123.77

 

 

 

 

Regular Offerings for December With Interest

 

2,697.65

 

 

 

 

Missionary Offering – Debbie Griffin

 

60.00

 

 

 

 

Total Funds Received:

 

 

 

$ 7,829.18

 

 

Total Funds Available:

 

 

 

$ 15,409.69

 

 

 

 

 

Expenditures:

 

 

 

 

 

 

Cooperative Giving (5% of Undesignated Funds)

 

$   390.50

 

 

 

 

Acts 1:8 (5% of Undesignated Funds)

 

390.50

 

 

 

 

Associational Expenses

 

120.00

 

 

 

 

Travel and Meetings

 

-0-

 

 

 

 

Utilities (Electric, Gas, Water, Sewer)

 

525.59

 

 

 

 

Telephone

 

397.77

 

 

 

 

Office and Ministry Expenses

 

1,813.37

 

 

 

 

Buildings and Grounds

 

13.88

 

 

 

 

Missionary – Debbie Griffin

 

60.00

 

 

 

 

 

 

 

 

 

 

 

Total Expenditures

 

 

 

$ 3,711.61

 

 

Total Available in the General Fund:

 

 

 

$ 11,698.08

 

Transfers to the Building Fund & Benevolent Fund

 

 

-

1,029.39

General Account Balance at End of the Period

 

 

 

$ 10,668.69

 

 

Special Funds

 

 

Building Fund Balance at Beginning of Period

 

 

 

$     907.38

 

 

20% of Increase in Funds Transferred to the Building Fund

 

823.51

 

Building Fund Balance at End of Period

 

 

 

$  1,730.89

 

 

 

 

 

 

 

 

Benevolent Fund Balance at Beginning of Period

 

 

 

$     226.84

 

 

5% of Increase in Funds Transferred to the Benevolent Fund

 

205.88

 

Benevolent Fund Balance at End of Period

 

 

 

$     432.72

 

 

 

 

 

 

Checking Account Balance at End of the Period (All Funds)

 

$ 12,832.30