Financial Report

    August Overview –


    Income - Our total Regular Offerings in August were $44,323.08. This was $1,823.08 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 $1,840.00 at our Windgate location for the Peachtree Children’s Centre.

    Expenses –
    Total Expenses of $39,224.26 were $2,513.75 under budget.All expenses were kept under budget for the month with the exception of Windgate Building Expenses due to under budgeting for cleaning and mowing services.

    General Funds –
    We began the month of August with a balance of ($106.86) in General Funds and we finished the month with a balance of $8,131.96. This is $7,251.02 over our budget of $880.94 for the period.

    August brought our General Funds to the first surplus of the fiscal year.

    Designated Funds –
    For August, we sent $200.00 to World Hope for the Recovery Centre, and we continue to receive monthly donations to our Missions and Building Fund.

    Detailed Financial Report
    Cornerstone Wesleyan

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    1215 Hammonds Plains Road
    Hammonds Plains, Nova Scotia B4B 2E1
    Canada
    971 Windgate Drive
    Beaver Bank, Nova Scotia B4G 0A7
    Canada
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