Dear Lifer,
Can you believe there are only 11 weeks left in 2011? The third quarter of the year
has come to a close.
One of the best ways we can honor God in the last quarter of the year is with our
personal finances. Here are eight ways you can thrive in your personal finances the
rest of the year.
1. Do NOT go into debt for Christmas. Make a year-end plan today that will save
you from spending yourself into debt.
2. Pay something off today. Make a payment on a credit card or bill that will pay it
off or put a dent into the lump sum.
3. Give an extra big tip to your next waitress/waiter.
4. Spend a few minutes after you've read this letter to ask God to give you direction
on who needs a blessing in their life and how you can bless them.
5. Do a Craigslist.com Saturday - pick a Saturday and put as much of your stuff on
Craigslist. The average American household has $2200 worth of extra household
items.
6. Automate some savings. Go into your online banking and set-up an automatic
withdrawal of a percentage of your income to your savings account.
7. Stop right now and name 5 things you are thankful that God has provided for
you and your family.
8. Ask God how he wants you to be obedient in your generosity through the end
of the year.
I've also included a statement that lists all of your financial contributions to Life
Church through the third quarter of the year.
The attached giving statement has all of your financial donations listed through
the third quarter of this year. You'll get a statement for tax purposes at the end of
the year, but I wanted to thank you for your generosity. Because of your generosity,
you are helping lead people to become fully devoted followers of Christ.
Just take
a look at some of the amazing things that have happened this year:
•
We’ve given away over $30,000 to missions locally, regionally and
internationally
•
Every weekend, an average of 70 plus children are hearing about God’s love
and grace
•
50 people have gone public with their faith in Christ through baptism
I want you to remember that when you give, everything goes to fund a ministry
that ultimately helps change lives. Thank you for being a part of the Life Church
family and helping us accomplish the vision God has given us.
Your Pastor,
Patrick Moore
_________________________
Do you carry cash or lug around a checkbook? Probably not.
Most people do not carry “real” money because we use our debit cards and online
banking to pay bills and everyday items. As a result, Life Church Franklin has a
BRAND NEW
online giving option that will make life a little easier for you.
It’s quick, safe, and easy! It takes
60 seconds
to setup your account for a one time or
reoccurring gift. We call it “Automate The Important.”
Some of the benefits include:
•
Digital giving helps you become a disciplined giver. In 1 Corinthians 8-9, Paul
challenged the Corinthian believers to give intentionally, deliberately, and at a
pre-determined time.
•
Digital giving helps you be intentional and consistent with your generosity.
• You can give 24/7, not just during church services. Have more opportunities to
contribute to the mission and vision of our church and give when your are sick
or out of town.
To set up your automatic or one time online gift, go to:
www.lifechurchfranklin.com/give
8:51 AM 10/18/11 Accrual Basis
Life Church Franklin
Balance Sheet
As of September 30, 2011
Page 12 of 12 Sep 30, 11 ASSETS Current Assets Checking/SavingsCampus Development - Money Mkt 133,443.58
Lisa 799.88 Macon Bank 3,289.86 Patrick 1,577.07 PayPal 828.28 SecureGive 523.38 Total Checking/Savings 140,462.05
Total Current Assets 140,462.05
TOTAL ASSETS 140,462.05
LIABILITIES & EQUITY Liabilities
Current Liabilities
Other Current Liabilities Payroll Liabilities
Employee Health Insurance 596.43 Federal Withholding 937.00
FICA 3,821.27
NC Withholding 1,335.00
Payroll Liabilities - Other 1,290.97 Total Payroll Liabilities 7,980.67
Total Other Current Liabilities 7,980.67
Total Current Liabilities 7,980.67
Total Liabilities 7,980.67
Equity
Retained Earnings 92,917.59
Net Income 39,563.79
Total Equity 132,481.38
Life Church Franklin | Profit & Loss | January through September 2011
IncomeInterest Income 849.80
Mission Offerings
Compassion International CSP 2,000.00
LifeKids Compassion Int 369.86
Local Missions 250.00
Servolution 177.54
Tornado Relief 775.00
Mission Offerings - Other 132.00
Total Mission Offerings 3,704.40
Portable Church 15,111.74 Tithes/Offerings 298,302.62 Total Income 317,968.56 Expenses Missions Adventures In Missions 2,020.00 ALCC, Inc 3,000.00
Blue Door Ministries 25.00
CareNet 1,980.00
Church Plants
-Compassion International
CSP 8,760.00
Compassion International - Other 3,913.99
Total Compassion International 12,673.99
Lifechurch.tv 200.00
Local Missions 2,973.28
Samaritian's Purse/OCC 3,000.00
Servolution 1,291.10
Smoky Mtn Pregnancy Care Ctr 858.00
World Changers 583.87
Missions - Other 1,540.41
Total Missions 30,145.65
Staffing Expenses
Employee Health Insurance 11,398.00
Payroll Expenses
Direct Deposit Fee 60.00
FICA 5,218.53
Housing Allowance 32,607.00
Penalties and Interest 342.21
Salary 68,216.00
Subcontractors 1,740.00
Total Payroll Expenses 108,183.74
Bookkeeping 900.00
Life Church Franklin | Profit & Loss | January through September 2011
Ministry Expenses Books 1,292.99 FPU Materials 1,951.03 Host Team Coffee 760.72Host Team - Other 84.91
Total Host Team 845.63
LifeGroups Childcare 920.00 Food 127.19 Materials 665.67 Social 485.00 Youth Camping Trip 571.83 Food 1,329.71 Materials 201.52 Total Youth 2,103.06 Total LifeGroups 4,300.92 LifeKids Background Checks 306.00 Curriculum 1,202.61 T-Shirts 1,252.50 LifeKids - Other 12,434.36 Total LifeKids 15,195.47 Planning Center 432.00 Tithe Envelopes 437.96 Visitor Gifts 962.08
Worship House Media 80.96
Worship Team
Food 548.83
Gas 200.25
Worship Team - Other 1,273.96
Total Worship Team 2,023.04
Ministry Expenses - Other 605.74
Total Ministry Expenses 28,127.82
Operating Expenses
Advertising and Promotion
Facebook 227.01 Billboards -Newspaper 412.12 Radio -Other Signs 816.32 Sign at SMCPA 600.00 Other 1,940.54
Life Church Franklin | Profit & Loss | January through September 2011
Total Advertising and Promotion 3,995.99
Bank Service Charges
Macon Bank 38.50
Paypal 165.21
Total Bank Service Charges 203.71
Building Expense - Church Offices
-Computer and Internet Expenses
Computers 1,259.54
Constant Contact 15.00
Domain Names 344.16
Ink Cartridges 979.78
Micro Frame Corp 490.00
Monthly Internet Service 467.45
Payroll Software
-Other 396.07
Total Computer and Internet Expenses 3,952.00
Giving Initiative 1,385.79
Insurance Expense 630.40
Office Supplies 1,158.90
Postage and Delivery 450.93
Printing and Reproduction 313.58
Rent Expense
Church Offices 4,560.00
Macon County School System 9,600.00
Mountain View Intermediate 6,000.00
SMCPA 15,100.00
Total Rent Expense 35,260.00
Secure Give Online Giving
Merchant Fees 162.20
Monthly Service 147.00
Other Fees 251.00
Total Secure Give Online Giving 560.20
Sound Equipment 10,321.59
Storage Unit 477.00
Telephone Expense
Monthly Service 2,304.99
Phone Equipment 339.39
Total Telephone Expense 2,644.38
Trailers 103.95
Total Operating Expenses 61,458.42
Discretionary Expenses
Conferences and Meetings
Catalyst 370.41
Fuel 565.54
Life Church Franklin | Profit & Loss | January through September 2011
Lifechurch.tv Conference 50.00 Lodging 265.68 Meals 216.32 Newspring Conference 138.11 Staff Retreat 2,931.61Velocity Church Planters Conf 245.06
Other 629.76
Total Conferences and Meetings 6,149.57
Evangelism and Special Events
At The Movies 2,033.60
Back to School Bash 1,745.72
Baptism Bash 268.85
Communion 149.21
Eve of Christmas Eve 211.00
Special Event Gifts 713.30
Other 523.63
Total Evangelism and Special Events 5,645.31
Meals 2,245.01
Softball 1,491.87
Volunteer Appreciation
The Big Show
-Gifts 2,102.99
Meals 1,782.64
Pool Party 271.16
Total Volunteer Appreciation 4,156.79
Total Discretionary Expenses 19,688.55
Non-Recurring Expenses
Portable Church 26,502.59
Total Non-Recurring Expenses 26,502.59
Campus Development
Campus Development 23,000.00
Total Non-Recurring Expenses 23,000.00
Total Expense 309,404.77
