deeply rooted. always growing
DESCRIPTION
Annual Budget Meeting of Saint Peter’s Church June 10, 2012. Deeply rooted. Always growing. Deeply rooted. Always growing. Deeply rooted. Always growing. Deeply rooted. Always growing. Deeply rooted. Always growing. Deeply rooted. Always growing. Deeply rooted. Always growing. - PowerPoint PPT PresentationTRANSCRIPT
D e e p l y r o o t e d . A l w a y s g r o w i n g .
Annual Budget Meeting of Saint Peter’s Church
June 10, 2012
2011-2012 Budget
2012-2013 Proposed Budget
Change
INCOME
Stewardship 420,000 420,000 0
Plate Collections 25,000 35,000 10,000
General Gifts 50,000 50,000 0
Rental - Boston Prop. 852,565 852,565 0
Rental - Space Use 125,000 115,000 (10,000)
Rental - York Theatre 121,764 121,764 0
Rental - Lenox Hill 55,000 55,000 0
Program 25,025 25,025 0
All Nite Soul 10,700 10,700 0
Breakfast Program 10,000 9,000 (1,000)
Endowment -SPC 199,750 196,150 (3,600)
Other Investment Income 4,000 4,000 0
Total Income 1,898,804 1,894,204 (4,600)
D e e p l y r o o t e d . A l w ay s g r o w i n g .
D e e p l y r o o t e d . A l w a y s g r o w i n g .
2011-2012
Budget
2012-2013
Proposed
Budget Change INCOME Stewardship 420,000 420,000 0 Plate Collections 25,000 35,000 10,000 General Gifts 50,000 50,000 0 Rental - Boston Prop. 852,565 852,565 0 Rental - Space Use 125,000 115,000 (10,000)Rental - York Theatre 121,764 121,764 0 Rental - Lenox Hill 55,000 55,000 0 Program 25,025 25,025 0 All Nite Soul 10,700 10,700 0 Breakfast Program 10,000 9,000 (1,000)Endowment -SPC 199,750 196,150 (3,600)Other Investment Income 4,000 4,000 0
Total Income1,898,80
4 1,894,2
04 (4,600)
22%
5%
61%
11%
2%
Income
StewardshipPlate & Other GiftsBuildingEndowmentProgram
D e e p l y r o o t e d . A l w a y s g r o w i n g .
2011-2012 Budget
2012-2013 Proposed Budget
Change
EXPENSES
Personnel - Salaries (938,214) (937,068) 1,146
Personnel - Benefits (293,387) (329,101) (35,714)
Program (53,700) (67,250) (13,550)
All Nite Soul (7,250) (8,000) (750)
Worship (87,970) (90,870) (2,900)
Breakfast Program (15,000) (16,000) (1,000)
Benevolence (36,000) (30,000) 6,000
Building and Maintenance (248,326) (248,326) 0
Administration (116,329) (116,829) (500)
Lease Commission (13,378) (13,378) 0
Total Expenses (1,809,554) (1,856,822) (47,268)
Excess of Revenue 89,250 37,382 (51,868)
over Expenses
Transfer to Property Fund (100,000) (70,000) 30,000
NET INCOME/(LOSS) (10,750) (32,618) (21,868)
D e e p l y r o o t e d . A l w a y s g r o w i n g .
2011-2012
Budget
2012-2013
Proposed
Budget
Change
EXPENSES Personnel - Salaries (938,214) (937,068) 1,146 Personnel - Benefits (293,387) (329,101)
(35,714)
Program (53,700) (67,250)
(13,550)
All Nite Soul (7,250) (8,000)
(750)Worship (87,970) (90,870) (2,900)Breakfast Program (15,000) (16,000) (1,000)Benevolence (36,000) (30,000) 6,000 Building and Maintenance (248,326) (248,326) 0 Administration (116,329) (116,829) (500)Lease Commission (13,378) (13,378) 0 Total Expenses
(1,809,554)
(1,856,822) (47,268)
Excess of Revenue 89,250 37,382 (51,868) over Expenses Transfer to Property Fund (100,000) (70,000) 30,000 NET INCOME/(LOSS) (10,750) (32,618) (21,868)
68%
11%
13%
7%
Expenses
PersonnelProgramBuilding and Main-tenanceAdministration
D e e p l y r o o t e d . A l w a y s g r o w i n g .
68%
11%
13%
7%
Expenses
PersonnelProgramBuilding and MaintenanceAdministration
22%
5%
61%
11%
2%
Income
StewardshipPlate & Other GiftsBuildingEndowmentProgram
2012-2013
Proposed Budget INCOME Stewardship 420,000 Plate Collections 35,000 General Gifts 50,000 Rental - Citicorp/Boston Prop. 852,565 Rental - Space Use 115,000 Rental - York Theatre 121,764 Rental - Lenox Hill 55,000 Program 25,025 All Nite Soul 10,700 Breakfast Program 9,000 Endowment -SPC 196,150 Other Investment Income 4,000 Total Income 1,894,204 EXPENSES Personnel - Salaries (937,068)Personnel - Benefits (329,101)Program (67,250)All Nite Soul (8,000)Worship (90,870)Breakfast Program (16,000)Benevolence (30,000)Building and Maintenance (248,326)Administration (116,829)Lease Commission (13,378) Total Expenses (1,856,822)
Excess of Revenue 37,382 over Expenses Transfer to Property Fund (70,000) NET INCOME/(LOSS) (32,618)
D e e p l y r o o t e d . A l w a y s g r o w i n g .
INCOME
Stewardship 420,000
Plate Collections 35,000
General Gifts 50,000
Rental - Boston Prop. 852,565
Rental - Space Use 115,000
Rental - York Theatre 121,764
Rental - Lenox Hill 55,000
Program 25,025
All Nite Soul 10,700
Breakfast Program 9,000
Endowment -SPC 196,150
Other Investment Income 4,000
Total Income1,894,20
4
The Church Triumphant
Deeply rooted
Stewardship
Plate Collections
General Gifts
Rental - Boston Prop.
Rental - Space Use
Rental - York Theatre
Rental - Lenox Hill
Program
All Nite Soul
Breakfast Program
Endowment -SPC
Other Investment Income
Total Income
D e e p l y r o o t e d . A l w a y s g r o w i n g .
INCOME
Stewardship 420,000
Plate Collections 35,000
General Gifts 50,000
Rental - Boston Prop.
Rental - Space Use 115,000
Rental - York Theatre 121,764
Rental - Lenox Hill 55,000
Program 25,025
All Nite Soul 10,700
Breakfast Program 9,000
Endowment -SPC
Other Investment Income
Total Income
The Church Triumphant
Deeply rooted
Stewardship
Plate Collections
General Gifts
Rental - Boston Prop. 852,565
Rental - Space Use
Rental - York Theatre
Rental - Lenox Hill
Program
All Nite Soul
Breakfast Program
Endowment -SPC 196,150
Other Investment Income 4,000
Total Income 1,052,715
The Church Militant
Always growing
Stewardship
Plate Collections
General Gifts
Rental - Boston Prop.
Rental - Space Use
Rental - York Theatre
Rental - Lenox Hill
Program
All Nite Soul
Breakfast Program
Endowment -SPC
Other Investment Income
Total Income
D e e p l y r o o t e d . A l w a y s g r o w i n g .
INCOME
Stewardship
Plate Collections
General Gifts
Rental - Boston Prop.
Rental - Space Use 115,000
Rental - York Theatre 121,764
Rental - Lenox Hill 55,000
Program
All Nite Soul
Breakfast Program
Endowment -SPC
Other Investment Income
Total Income
The Church Triumphant
Deeply rooted
Stewardship
Plate Collections
General Gifts
Rental - Boston Prop. 852,565
Rental - Space Use
Rental - York Theatre
Rental - Lenox Hill
Program
All Nite Soul
Breakfast Program
Endowment -SPC 196,150
Other Investment Income 4,000
Total Income 1,052,715
The Church Militant
Always growing
Stewardship 420,000
Plate Collections 35,000
General Gifts50,000
Rental - Boston Prop.
Rental - Space Use
Rental - York Theatre
Rental - Lenox Hill
Program 25,025
All Nite Soul 10,700
Breakfast Program 9,000
Endowment -SPC
Other Investment Income
Total Income 549,725
D e e p l y r o o t e d . A l w a y s g r o w i n g .
INCOME
Stewardship
Plate Collections
General Gifts
Rental - Boston Prop.
Rental - Space Use
Rental - York Theatre
Rental - Lenox Hill
Program
All Nite Soul
Breakfast Program
Endowment -SPC
Other Investment Income
Total Income
The Church Triumphant
Deeply rooted
Stewardship
Plate Collections
General Gifts
Rental - Boston Prop. 852,565
Rental - Space Use
Rental - York Theatre
Rental - Lenox Hill
Program
All Nite Soul
Breakfast Program
Endowment -SPC 196,150
Other Investment Income 4,000
Total Income 1,052,715
The Church Militant
Always growing
Stewardship 420,000
Plate Collections 35,000
General Gifts50,000
Rental - Boston Prop.
Rental - Space Use
Rental - York Theatre
Rental - Lenox Hill
Program 25,025
All Nite Soul 10,700
Breakfast Program 9,000
Endowment -SPC
Other Investment Income
Total Income 549,725
Rental - Space Use 115,000
Rental - York Theatre 121,764
Rental - Lenox Hill 55,000
Total Income 291,764
D e e p l y r o o t e d . A l w a y s g r o w i n g .
The Church Triumphant
Deeply rooted
Stewardship
Plate Collections
General Gifts
Rental - Boston Prop. 852,565
Rental - Space Use
Rental - York Theatre
Rental - Lenox Hill
Program
All Nite Soul
Breakfast Program
Endowment -SPC 196,150
Other Investment Income 4,000
Other Rental 145,882
Total Income 1,198,597
The Church Militant
Always growing
Stewardship 420,000
Plate Collections 35,000
General Gifts 50,000
Rental - Boston Prop.
Rental - Space Use
Rental - York Theatre
Rental - Lenox Hill
Program 25,025
All Nite Soul 10,700
Breakfast Program 9,000
Endowment -SPC
Other Investment Income
Other Rental 145,882
Total Income 695,607
63%
37%
Tri-umphantMilitant
D e e p l y r o o t e d . A l w a y s g r o w i n g .
06/07 07/08 08/09 09/10 10/111,300,0001,400,0001,500,0001,600,0001,700,0001,800,0001,900,000
Expenses Budget
06/07 07/08 08/09 09/10 10/111,400,0001,500,0001,600,0001,700,0001,800,0001,900,0002,000,000
Income Budget
06/07 07/08 08/09 09/10 10/110
100,000
200,000
300,000
400,000
500,000
600,000Stewardship Budget
+17.50%+17.26%CPI= +14%
+16.14%
+4.23%
0%
-11.57%
5-Year Compar i son
-$46,800
D e e p l y r o o t e d . A l w a y s g r o w i n g .
Ends are potentially infinite. Means can never be.
Therefore the task of leaders is to reconcile that contradiction: to deploy means in such
a way as to avoid doing too little, which risks defeat, but also too much, which risks
exhaustion. Failure can come either way.Doing as much as possible
with as little as possible requires setting priorities.
D e e p l y r o o t e d . A l w a y s g r o w i n g .
Fear is corrosive as acid, not the least when it blinds us to our greatest achievements.