mennonite church canada budget plan: fiscal year ending (fye) 2011
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Mennonite Church Canada
Budget Plan:
Fiscal Year Ending (FYE) 2011
Gross Revenue Comparison
FYE Jan 11 GROSS Budget
FYE Jan 10 GROSS
Actual
FYE Jan 10 GROSS Budget
Individual & Corporate Donations
865,524 865,524 704,752
Church Donations 2,697,982 2,697,982 2,844,558General Bequest 0 0 0Sub-total Donation Income 3,563,506 3,563,506 3,549,310Recognized Deferred Contributions
90,206 66,321 63,510
Other Income 424,577 573,042 587,608Sub-total Program Income
4,078,289 4,202,869 4,200,428
Partner Program Income 846,941 790,640 754,720Related Organization Income 415,000 376,237 332,500TOTAL INCOME 5,340,230 5,369,746 5,295,774
Other Revenue Sources: FYE 2011 $424,577
Interest Income
$103,51324%
Fees & Sales
$220,49952% Partner
Subsidies$100,565
24%
Net Expenses Comparison
MC Canada FYE Jan-11 NET
Annual BudgetFYE Jan 10 NET Actual
FYE Jan-10 NET Annual Budget
Witness Council 1,757,775 1,687,836 1,836,543Formation Council 411,092 384,488 405,646Support Services Council 743,707 595,883 718,507General Board 360,883 419,720 408,246CMU 321,500 313,021 335,580Partner Program 850,241 762,631 757,420Related Organization 415,000 376,237 332,500(-) less Deferred Expenses
(153,835)
TOTAL Expenses 4,860,198 4,539,816 4,640,607
Net Expenses Comparison Christian Witness
FYE Jan-11 NET Annual
Budget
FYE Jan 10 NET Actual
FYE Jan-10 NET Annual Budget
Executive Office 96,315 113,230 120,022Congregational Partnerships
191,183 133,123 151,898
National Ministries Admin 10,970 9,076 11,296Multi-Cultural Ministry 42,431 42,593 42,817Native Ministries 117,121 115,091 124,993International Ministries 1,299,755 1,274,723 1,385,517
TOTAL Witness Council Expense
1,757,775 1,687,836 1,836,543
Net Expenses Comparison Christian Witness
FYE Jan-11 NET Annual
Budget
FYE Jan 10 NET Actual
FYE Jan-10 NET Annual Budget
Executive Office 96,315 113,230 120,022Congregational Partnerships
191,183 133,123 151,898
National Ministries Admin 10,970 9,076 11,296Multi-Cultural Ministry 42,431 42,593 42,817Native Ministries 117,121 115,091 124,993International Ministries 1,299,755 1,274,723 1,385,517
TOTAL Witness Council Expense
1,757,775 1,687,836 1,836,543
International Ministries Breakdown by Region
FYE Jan-11 NET Annual Budget
FYE Jan 10 NET Actual
FYE Jan-10 NET Annual
Budget
Africa 420,222 476,038 490,179
Asia & Middle East 695,544 595,227 649,467
Europe 62,466 83,475 125,325
Latin America 121,523 119,983 120,546
TOTAL 1,299,755 1,274,723 1,385,517
Net Expenses Comparison – Christian Formation
FYE Jan-11 NET Annual
Budget
FYE Jan 10 NET Actual
FYE Jan-10 NET Annual
Budget
Executive Office 163,866 151,257 160,350
Resource Center 79,276 84,076 78,996Min. & Cong. Leadership 82,180 71,179 88,200Youth Ministry 26,840 26,886 28,100Youth Assembly 8,000 5,791 0
Young Adult Ministry 0 542 0
Education & Nurture Ministries 50,930 44,757 50,000
TOTALFormation Expenses
411,092 384,488 405,646
Net Expenses Comparison – Support Services
FYE Jan-11 NET Annual
Budget
FYE Jan 10 NET Actual
FYE Jan-10 NET Annual
Budget
Administration 257,990 203,509 248,029
Annual Assembly (24,705) 2,016 (430)
Communications 218,971 161,911 165,576
Development 113,807 54,286 131,171
Canadian Mennonite 177,644 174,161 174,161
TOTAL Support Services Expenses
743,707 595,883 718,507
Net Expenses Comparison –General Board
FYE Jan-11 NET Annual
Budget
FYE Jan 10 NET Actual
FYE Jan-10 NET Annual
Budget
General Board Administration
156,473 169,098 173,043
Finance 166,410 222,122 197,203
CMU Grants 321,500 313,021 335,580
Mennonite World Conference Grants
38,000 28,500 38,000
TOTAL General Board Expense
682,383 732,741 743,826
Net Expenses Comparison –
Partner Programs
FYE Jan-11 NET Annual
Budget
FYE Jan 10 NET Actual
FYE Jan-10 NET Annual
Budget
Misc. New Initiatives 20,000 55,676 105,000
Christian Peacemaker Teams 300,000 181,691 200,000
Company of 1000 55,747 42,263 50,000
NAVMF 40,000 45,252 35,000
Philippine Partnership 59,321 85,689 134,813
MVSA 11,000 4,147 11,000
Kherson Partnership 8,400 8,515 8,400
Learning Tours 29,476 13,775 0
Canadian Women in Mission 35,000 26,905 39,000
MHC Archives 69,817 76,524 71,707
MHC Gallery 113,630 94,300 69,000
Legesse Ethiopia Partnership 17,850 33,974 33,500
IM Short-term assignments 90,000 93,920 0
Total Partner Programs Expenses
850,241 762,631 757,420
Net Expenses Comparison –
Related Organization
FYE Jan-11 NET Annual
Budget
FYE Jan 10 Actual
FYE Jan-10 NET Annual
Budget
Mennonite Mission Network 55,000 36,970 55,000
Mennonite Church USA 5,000 10,915 5,000AMBS 85,000 83,318 85,000Canadian Mennonite University 85,000 89,064 0Mennonite Publishing Network 25,000 41,460 25,000Messerites Kritos College 157,500 114,510 157,500Eastern Mennonite Missions 2,500 0 5,000Mennonite World Conference 0 0 0
Total Related Organization Expenses
415,000 376,237 332,500
Balance of Budget FYE Jan-11 NET Annual
Budget
FYE Jan 10 NET Actual
FYE Jan-10 NET Annual
Budget(-) less Deferred Expenses -(153,835)Operating Surplus (Deficit) (34,751) (190,567) (4,077)Transfer to Reserves (183,441) (274,568) (106,556)Transfer from Reserves 224,232 110,041 136,771Transfer to Capital Reserves (6,040) (26,040) (26,138)Net Transfers (to)/from Reserves 34,751 (190,567) 4,077Ending Surplus/(Deficit) 0 0 0
3-Year Budget
• Confident
• Responsive
Thank you.
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