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

Open Door Fellowship

2400 North Forrest Street

Valdosta, GA 31602

 

Financial Report

For the Quarter Ending June 30, 2006

 

General Fund Balance forward from Previous Quarter

$ 11,262.31

 

Received Funds:

 

 

 

 

 

 

Regular Offerings for April With Interest

 

$ 2,789.36

 

 

 

 

Regular Offerings for May With Interest

 

3,085.38

 

 

 

 

Regular Offerings for June With Interest

 

2,537.54

 

 

 

 

E-Team (Panama)

 

50.00

 

 

 

 

Building Fund

 

100.00

 

 

 

 

Coins for Missions

 

168.50

 

 

 

 

Little River Camp

 

50.00

 

 

 

 

Missions—Debbie Griffin

 

15.00

 

 

 

 

Total Funds Received:

 

 

 

$ 8,795.78

 

 

Total Funds Available:

 

 

 

$ 20,058.09

 

 

 

 

Expenditures:

 

 

 

 

 

 

Cooperative Giving (5% of Undesignated Funds)

 

$   426.20

 

 

 

 

Acts 1:8 (5% of Undesignated Funds)

 

426.20

 

 

 

 

Associational Expenses

 

20.00

 

 

 

 

Travel and Meetings

 

-0-

 

 

 

 

Utilities (Electric, Gas, Water, Sewer)

 

634.66

 

 

 

 

Telephone

 

395.94

 

 

 

 

Office and Ministry Expenses

 

2,044.19

 

 

 

 

Buildings and Grounds

 

1,115.93

 

 

 

 

GA Mission Board General Fund (Agreement)

 

1,000.00

 

 

 

 

Missionary – Debbie Griffin

 

15.00

 

 

 

 

Damon C. Dodd Mission Offering

 

-0-

 

 

 

 

Coins for Missions

 

168.50

 

 

 

 

Panama E-TEAM

 

50.00

 

 

 

 

Camp Ozias

 

350.00

 

 

 

 

Total Expenditures

 

 

 

$ 6,646.62

 

 

Total Available in the General Fund:

 

 

 

$ 13,411.47

 

Transfers to the Building Fund & Benevolent Fund

 

 

-

587.29

General Fund Balance at End of the Period

 

 

 

$ 12,824.18

 

Special Funds

 

 

Building Fund Balance at Beginning of Period

 

 

$

$     1,889.19

 

 

20% of Increase in Funds Transferred to the Building Fund + Designated

 

479.83

 

Building Fund Balance at End of Period

 

 

$

$     2,369.02 

 

 

 

 

 

 

 

 

Benevolent Fund Balance at Beginning of Period

 

 

$

$        472.30

 

 

5% of Increase in Funds Transferred to the Benevolent Fund

 

107.46

 

Benevolent Fund Balance at End of Period

 

 

$

$        579.76     

 

 

 

 

 

 

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

$

$ 15,772.96