October 2011 Financial Report & Appeal

Praise the Lord, we are reversing a downward trend in local giving! While we are still running behind our budget July-October we made good progress in the month of October with generous and faithful local giving. See the details below.

God is a giving God, and we are invited to become like Him as we give of ourselves and the time, talents and treasure He has given us to advance His work and bless others.

The budget for our local church & school ministries for the July 2011-June 2012 church year, as voted by our congregation, is based on receiving offerings of $378,000, or $31,500 per month. This includes offerings that are received for “Local Church Budget,” “North Dallas Adventist Academy Mortgage,” “North Dallas Adventist Academy Subsidy” and 70% of “Simple 10” offerings (40% for Local Church Budget and 30% which can be used for NDAA Mortgage).

In October these offerings received totaled $36,621.43, which was  $5,121.43 over our monthly budget of $31,500. While this is a wonderful trend, we are still behind year to date by $16,955.45. Our Financial Ministries Team is developing a plan to bring our financial situation back into balance as soon as possible. We’re praying that more members are consistently faithful in tithe and offerings and that we can carefully manage the local finances in a way that brings glory to God and maximizes our mission.

Tithe and Offerings can be mailed to Richardson Seventh-day Adventist Church, 1201 W. Belt Line Road, Richardson, TX 75038 or given as part of our worship to the Lord each Sabbath morning. Very soon we hope to have online giving available for both Tithe and Offerings.

Here are details of the offerings received for Local Church & School Ministries–

Local Church & School Ministries Offerings (July 2011-June 2012)

October 2011

Year to Date

Jul-Oct

Anticipated

$31,500.00

$126,000.00

Received
   “Local Church Budget”

$22,373.86

   “NDAA Subsidy”

$3,123.54

   “NDAA Mortgage”

$5,902.12

   “Simple 10” (40% + 30%) $7,459.87

$5,221.91

   TOTAL

$36,621.43

$109,044.55

Surplus or (Need)

$5,121.43

($16,955.45)

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About danserns

Happily married and father of three great kids. Seventh-day Adventist pastor who invites everyone to accept Jesus as their Savior and Lord, embrace all the teachings of the Bible and join a vibrant Adventist group.
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