2017 is over, so it’s time for a financial update. Here are some key highlights:
1) We have
many generous givers:
We have a group of incredibly generous
members who
faithfully give to God. As many
of you know, we’ve had financial struggles
recently, but this doesn’t take away from
the
generosity of our members. We
appreciate
each person who supports the mission of Christ
at New Life.
2) We
experienced a large (and unexpected)
rent increase:
Our church got hit with a big rent increase
this
year. We negotiated as best we
could, but the
owner was adamant in increasing our rent.
This put a significant
strain on an already
stretched budget.
3) We are
facing a total shortfall of $30,201
for 2017:
After everything is said and done, we
experienced
a budget shortfall of $30,201 for
the twelve months of 2017. This averages out
to a shortfall of $2516 a
month. In response,
we’ve cut expenses,
pulled money from
reserves and are reducing our facility size.
4) We are in
the process of reducing our
facility size:
We are moving church offices
into our youth/kidzlife area. This will reduce
both direct and indirect
facility costs. This
move should make a significant difference in
closing our gap
in giving.
5) We need
everyone’s prayers:
We have faced
financial struggles in the past,
and each time God has seen us through!
There’s no reason to expect that this time
won’t be the same. Please take time to
pray
for God’s provision for our church.
Pray that
God will prompt each person to play the part
He wants in
carrying out Christ’s mission.
Looking forward to what God has for us in 2018!
