Financial Summary

WESTMINSTER PRESBYTERIAN CHURCH

MONTHLY FINANCIAL OPERATING SUMMARY for April 30, 2013

April Year-to-Date
Income:      $195,817   $972,103
Expense:   170,559 855,861
Net YTD Income (loss):   $25,258  $116,242
Accrued Benevolences:  34,871 145,030
Net after Accrued Benevolences: ($9,613)     ($28,788)

Each month the Finance Committee places a summary in the newsletter and on the church website for members to be more aware of the church operating income and expenses. Please note that benevolences are paid at the end of the year. In the format shown below, actual net income (loss) less the accrued benevolences are shown to be paid each month to illustrate how those payments would affect the church’s bottom line. If any members wish to have more information about the church finances, please contact Paul Webb, Church Administrator, at pwebb@nashvillewpc.org or 615-292-5526.

Westminster Presbyterian Church 2013 - Budget ($000)



INCOME 2013 Approved
Pledges and Gifts
Current Year Pledges and Unpledged Gifts $2,938.0
Pledges From Prior Years 50.0
Plate and Other (includes G.A. funds) 27.0
     Total Pledges and Gifts $3,015.0
Other Income
ARC/DSAMT $44.0
Westminster School for Young Children 25.0
     Total Other Income $69.0
TOTAL INCOME $3,084.0
BENEVOLENCES
Cash Benevolences Congregational & Churchwide Causes $485.0
ARC/DSAMT (facility use cost) 44.0
     Total Benevolences $529.0
EXPENSE
Worship $33.0
Outreach 3.5
Assimilation 2.5
Christian Education - Children's Committee 81.4
Christian Education - Youth Committee 87.1
Christian Education - Adult Committee 12.5
Congregational Life 9.0
Congregational (Pastoral) Care 4.5
Music 96.5
Communication 22.5
Pastoral Support 2.3
Session Training 2.0
     Cash Program Expenditures $356.8
Westminster School for Young Children (facility use cost) 162.5
Administration $50.0
Stewardship 3.4
Food & Beverage 11.4
Capital Expense 70.5
Staff & Related 1,771.6
Insurance 53.3
Utilities 178.0
Maintenance 103.0
Debt Service 1.0
     Total Cash Program Support Expenditures $2,242.2
     Total Program Expense $3,290.5
Facility Use Expense Elimination (206.5)
TOTAL EXPENSES - CASH $3,084.0
NET OPERATING SURPLUS - (DEFICIT) $0.0

Approved by the Westminster Session on January 24, 2013.