Financial Report 04.2021

Financial Report 04.2021

The Finance Committee has reviewed the March information and offers this summary. General Fund income for the month was just over $69,000 which is almost identical to that of March 2000. The year-to-date income continues to exceed the 2000 figure by approximately $6500.

General Fund expenses for the month of March were a little over $52,000 which is about $16,000 less than March 2000. Year-to-date expenses are about $42,000 less than a year ago. A great portion of this difference is due to the unfilled staff positions and the resulting lack of associated expenses. The General Fund cash on hand at the end of March was about $303,000.

Income for the Building Fund for March was about $11,800 which is approximately $2000 short of our monthly payment. Compared to March 2000 that is about $3500 less. For the year so far, giving to the Building Fund is little over $1000 less than last year. The Building Fund cash on hand is currently about $60,000.

None of us know the “how” and “when” of the end of this unusual time. As a Finance Committee, we are hoping that we can soon start to use our resources to resume the parts of our active Zion ministry which have not been possible in the recent months.

zion
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