UUCC Financials Through May 31, 2024
Finance Committee Report

1. Our financial performance is slightly behind budget through eleven months
   1. Pledge income of over $451k is roughly $6k ahead of budget
   2. Rental income YTD of over $54k is about $2k behind budget
   3. Total operating revenue YTD of $581k is just over $4k behind budget of $585k
   4. Expenses YTD of $677k are about $7k greater than budget of $670k;
      1. Building & Grounds about $12k over budget, Personnel about $4k over budget; Program about $10k under budget
   5. Net loss YTD from operations was $96k, $12k greater than budgeted loss of $84k
   6. “Other income” about $360k ahead of budget due to investment performance

2. Balance Sheet (not shown) – Continues to  look happy – Cash + Investments of over $2.8M, EXCLUDING about $150k that belong to either IMPACT or other designated funds of various congregational groups
   1. Comparable number from last year about $2.5M

Fiscal Year Actual vs. Budget

July 1, 2023 to May 31, 2024	YTD Actual	YTD Budget	7/1/23- 6/30/24 Budget
Total Operational Revenue	581,128	585,537	636,558
Total Operational Expenses	677,098	669,679	729,865
Operational Surplus (Deficit)	(95,970)	(84,142)	(94,087)
Other Income/Expense* (Net)	104,585	(254,592)	(254,592)

Revenue Breakdown

Through April 30, 2024	YTD Actual	YTD Budget	7/1/23- 6/30/24 Budget
Pledges	451,338	445,000	486,000
Rentals	54,424	56,608	59,673
Net Assets Used for Operations	50,597	60,596	66,105

                                             

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