FINANCIAL REPORT - For the Months ended September 30, 2022
YTD Balance 2022 YTD Budget % of Budget
Weekly Offerings $ 197,129.31 $ 211,656.00 93.14%
Special Offerings $ 50.00 $ 5,259.00 0.01%
Other Income $ 7,714.77 $ 15,740.00 49.02%
Total $ 204,894.08 $ 232,655.00 88.07%
Apportionments $ 18,000.00 $ 32,403.00 55.56%
Programming $ 6,085.59 $ 7,605.00 80.02%
Pastoral Support $ 88,570.28 $ 89,000.00 99.52%
Program & Support Staff $ 42,470.62 $ 53,427.00 79.49%
Operations $ 41,725.24 $ 50,250.00 83.04%
Total $ 196,851.73 $ 232,685.00 84.60%
Difference $ 8,042.35 ($ 30.00)
In the first nine months of 2022, The church’s income is under budget by $27,766.92 or 11.93%. Expenses also are under budget by $35,833.27 or 15.40%. Though the church is doing satisfactorily at this time, we continue to ask that you keep praying for our church finances. We also ask that you prayerfully consider how you might help the church in the coming year.
We thank everyone in our church family for your continued support.
From your BRF UMC Finance Committee:
Information from the Wisconsin United Methodist Foundation
Congress, President Make Permanent the IRA Charitable Rollover
If you are 70½ or older and have a Traditional or Roth IRA you may give up to $100,000 to a charitable organization without being subject to income tax on the distribution. In addition, the gift satisfies all or in part the annual Required Minimum Distribution from the IRA.
We encourage you to consider an IRA Charitable Rollover gift to your local church or any United Methodist ministry of your choosing. You may make a direct charitable gift to fund your church’s operating budget, fund a special project or establish a permanent endowment fund to benefit your church in perpetuity.
It is wise to consult your IRA custodian or financial planner to assist you. The Wisconsin United Methodist Foundation is available to assist you, as well. Please call us toll-free at 1-888-903-9863 or email us at firstname.lastname@example.org.
If you prefer to channel your IRA Charitable Rollover gift through the Foundation office to your local church or a number of United Methodist ministries, we are happy to do so.
As chair of the Finance Committee, I would be happy to provide contact information on how to proceed.
I pray that the members of our church family will continue to support the ministries of our church through your presence, your time, your talent, and your financial gifts.
Jim Hornby, Finance Chair