Finance Committee Report

1. Our financial performance from operations is about $40k behind budget for the first five months of our fiscal year 
   1. Pledge income of $262k is about $11k behind budget
   2. Rental income of $18k is nearly $2k ahead of budget 
   3. Total operating revenue of $375k is $10k ahead of budget.
   4. Expenses of $443k are $50k higher than budget – most due to the capital campaign (both timing of expenses in the budget and the actual cost of the campaign); $15k is Building and Grounds expenses
2. “Other income” of $180k, which is $266k better than budget due to investment gains and earnings and timing of some Building & Grounds projects
   1. NOTE: This excludes $27k in capital campaign receipts that are included in our financial statements 
   2. Our overall finances show a gain of 111k vs a budgeted loss of $114k 
      1. Again, this excludes the $27k of capital campaign receipts

Fiscal Year Actual vs. Budget

July 1, 2025 to November 30, 2025    25/26 Actual   25/26 Budget      

Total Operating Revenue   374,795         365,032

Total Operational Expenses   443,126         392,866

Operational Surplus (Deficit) (68,331)       (27,834)

Other Income/Expense* (Net) 179,596     (85,884)

* Investment Income & fees, unrealized gains/losses, depreciation, bequests; excludes capital campaign receipts

Revenue Breakdown

Through November 30, 2025           25/26 Actual           25/26 Budget             

Pledges 261,921         272,727        

Rentals               18,383             16,664  

Net Assets Used for Operations            58,989           56,626

Share this post: