May Overview –

Income -

Our total Regular Offerings in May were $42,113.18

This was $488.18 over budget for the period.

We received $1,300.00 in Rental Income at our Gatehouse location for the Korean Presbyterian Church as well as our monthly rental income of $1,840.00 at our Windgate location for the Peachtree Children’s Centre.

Expenses –

Total Expenses of $37,019.17 were $621.08 under budget.

Almost all expenses were kept under budget for the month with only slight overages in Benefits and Music ministry. As per our budget, we will be trying to keep expenses to

General Funds –

We began the year with a balance of $2,354.14 in General Funds and due to exceeding our budget in General Offerings and keeping our expenses to a minimum, we were able to finish the month with a balance of $10,588.15 which is $1,109.26 greater than our budget of $9,478.99.

Designated Funds –

For the month of May, we sent $200.00 to World Hope for the Recovery Centre as well as $200.00 for clean water in honor of Mother’s Day.

Please let Glenda know if you have any questions about the financial report.

To view the detailed statement, use the button below.

Regards,

Glenda Lush

Administrator, Cornerstone Wesleyan Church