Church Finances

Financial Year 2018

(Year to date at the 10th of February 2018)

Total Income: $31,930.65
Total Expense: $34,675.80
Net Income: -$2,745.15

Click here to download the PDF statement (will be uploaded at the end of the financial year).

Financial Year 2017

Total Income: $49,053.90
Total Expense: $57,124.38
Net Income: -$8,070.48

Click here to download the PDF statement.

Financial Year 2016

Total Income: $63,542.50
Total Expense: $54,284.19
Net Income: $9,258.31

Click here to download the PDF statement.

Financial Year 2015

(Church was founded on 1st of March 2015)

Total Income: $8,846.12
Total Expense: $4,417.56
Net Income: $4,428.56

Click here to download the PDF statement.

Glossary of Categories

INCOME
CASH – cash donations given in person at church gatherings
DIRECT DEPOSIT – cash donations deposited directly into the bank account

EXPENSES
ACCOUNTING – accounting software and any related services
ACTIVITIES FREE – social activities paid for using the church funds
ACTIVITIES PAID – social activities paid for by participating church members
ADVERTISING – Facebook posts and Google adwords
BIBLES – bibles to give out to new believers or church members
BUILDING IMPROVEMENTS – repairs or improvements to the building we use to meet
BUILDING RENT – donations to Punchbowl Baptist Church for use of the church building
DONATIONS / CAUSES – financial support for churches, lobby groups, political parties
EDUCATION – books and courses
EQUIPMENT – audio and visual, kitchen, storage
FACILITIES – cleaning and fellowship supplies
FINANCIAL SUPPORT – church members that require financial assistance
FOOD – church meals for Sunday nights or food for events away from the building
GIFTS / GIVE-AWAYS – items purchased to give away as rewards or incentives
HAND SOAP – to track the usage of hand soap at the building we use
INSURANCE – public liability insurance
MANSE – portion of the rent of the bishop’s home paid for by the church
MOBILE – church mobile phone number
PAPER TOWEL – to track the usage of paper towel at the building we use
PRINT & PROMO – gospel tracts and signage
SOFTWARE – subscriptions for the Spotio door-knocking app
TRAVEL – flights for mission trips
WEBSITE – domain name and website hosting fees

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