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 December 31, 2006

 

General Fund Balance forward from Previous Quarter

$

11,935.89

 

Received Funds:

 

 

 

 

 

 

Regular Offerings for October With Interest

$

3,042.32

 

 

 

 

Regular Offerings for November With Interest

 

2,414.19

 

 

 

 

Regular Offerings for December With Interest

 

2,116.01

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Funds Received:

 

 

 

7,572.52

 

 

Total Funds Available:

 

 

$

19,508.41

 

 

 

 

Expenditures:

 

 

 

 

 

 

Cooperative Giving (5% of Undesignated Funds)

$

375.20

 

 

 

 

Acts 1:8 (5% of Undesignated Funds)

 

375.20

 

 

 

 

Associational Expenses

 

121.50

 

 

 

 

Travel and Meetings

 

-0-

 

 

 

 

Utilities (Electric, Gas, Water, Sewer)

 

678.86

 

 

 

 

Telephone

 

382.92

 

 

 

 

Office and Ministry Expenses

 

2,539.19

 

 

 

 

Buildings and Grounds

 

171.63

 

 

 

 

GA Mission Board General Fund (Agreement)

 

1,500.00

 

 

 

 

Camp Little River

 

300.00

 

 

 

 

Damon C. Dodd Mission Offering

 

-0-

 

 

 

 

 

 

 

 

 

 

 

Total Expenditures

 

 

$

6,444.50

 

 

Total Available in the General Fund:

 

 

$

$ 13,063.91

 

Transfers to the Building Fund & Benevolent Fund

 

 

 

282.01

General Fund Balance at End of the Period

 

 

$

12,781.90

 

Special Funds

 

 

Building Fund Balance at Beginning of Period

 

 

$

     2,369.02

 

 

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

 

225.61

 

Building Fund Balance at End of Period

 

 

$

2,594.63 

 

 

 

 

 

 

 

 

Benevolent Fund Balance at Beginning of Period

 

 

$

        579.76

 

 

5% of Increase in Funds Transferred to the Benevolent Fund

 

56.40

 

Benevolent Fund Balance at End of Period

 

 

$

636.16     

 

 

 

 

 

 

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

$

16,012.69