3rd Quarter Financial Update

In cased you missed the excitement, this past Sunday I gave a very brief 3rd quarter report on the financial health of Metro Church. I started with this slide:

As you can see we have spent $32,000 more we have received so far this year. Our only source of income is contributions from the congregation. We don’t have an endowment or any other source of funding. Our Leadership Team has wisely determined that Metro should always have some funds in reserve. As you can see, we have used $32,000 from reserves to cover the difference between Income and Expense. Hopefully we can replenish the reserve funds before the end of the year.
Then I showed this slide:

This one compares the actual expenses for 2015 so far to what we budgeted for expenses for the same time period. What you see is that we spent $246,000 less than we had planned on spending. This is good-news & bad-news. The good news is that we have been able to manage our cash-flow to keep us from completely depleting our reserve account. The bad news is that there is $246,000 of ministry that we planed for that has not happened this year. That gives me cause for concern. Each year after much planning and praying by each ministry team, staff and leadership, the Metro Partners approve a budget. The underlying understanding is that the ministry that we have planned to do is the ministry that God is calling us to do. However, we can’t just sit back and watch ministry happen. Instead, each one of us needs to serve, pray and give for Metro to be the church that God has called us to be. For those of you that have discovered the joy of worshiping God through generous giving - Thank You! For those of you who are starting that journey - be encouraged that God has a place for you to fully invest yourself in both the adventure of faith as well as the joy of seeing lives changed as Jesus builds his church here in Englewood! Kevin Swanson Executive Pastor Metro Community Church  

This one compares the actual expenses for 2015 so far to what we budgeted for expenses for the same time period. What you see is that we spent $246,000 less than we had planned on spending. This is good-news & bad-news. The good news is that we have been able to manage our cash-flow to keep us from completely depleting our reserve account. The bad news is that there is $246,000 of ministry that we planed for that has not happened this year. That gives me cause for concern. Each year after much planning and praying by each ministry team, staff and leadership, the Metro Partners approve a budget. The underlying understanding is that the ministry that we have planned to do is the ministry that God is calling us to do. However, we can’t just sit back and watch ministry happen. Instead, each one of us needs to serve, pray and give for Metro to be the church that God has called us to be.

For those of you that have discovered the joy of worshiping God through generous giving - Thank You! For those of you who are starting that journey - be encouraged that God has a place for you to fully invest yourself in both the adventure of faith as well as the joy of seeing lives changed as Jesus builds his church here in Englewood!

Kevin Swanson
Executive Pastor
Metro Community Church