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Celebration Center for Spiritual Living Budget Planning
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10.20.24
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2024 Budget2025 Budget
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January to JuneFull Year
Projected Total
Projected
Monthly
Average
Proposed Annual BudgetProposed Monthly BudgetChange After Year Notes
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Income
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40000 CONTRIBUTIONS
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40102 Sunday 1100 AM$5,659.50$11,319.00$943.25$18,039.00$1,503.25-$6,720.00Adding 6720 from agreed donations
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40104 Other Services
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40105 Mail-in / Midweek$2,251.68$4,503.36$375.28$4,503.36$375.28$0.00No longer receive $250 tithe each month
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40107 Credit Card/PayPal$215.00$430.00$35.83$430.00$35.83$0.00
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40109 Online Contributions$20,598.10$41,196.20$3,433.02$38,196.20$3,183.02-$3,000.00
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Total 40000 CONTRIBUTIONS$28,724.28$57,448.56$4,787.38$61,168.56$5,097.38$3,720.00
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41000 RENTAL DONATION$1,607.00$3,214.00$267.83$3,214.00$267.83$0.00
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41100 Tenant$2,798.00$5,596.00$466.33$6,000.00$500.00$404.00
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Total 41000 RENTAL DONATION$4,405.00$8,810.00$734.17$9,214.00$767.83$404.00
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42000 Class/Wkshp Net Income$27.50$55.00$4.58$55.00$4.58$0.00
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42500 Event Income$443.65$887.30$73.94$887.30$73.94$0.00
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49500 INTEREST$0.01$0.02$0.00$0.02$0.00$0.00
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Total Income$33,600.44$67,200.88$5,600.07$71,324.88$5,943.74$4,124.00
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Gross Profit$33,600.44$67,200.88$5,600.07$71,324.88$5,943.74$4,124.00
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Expenses
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60000 Advertising & Visibility$275.44$550.88$45.91$750.88$62.57$200.00Added $200 for potential Facebook ad campaign
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61400 Gifts, Grants and Tithes
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61410 CSL Tithe$1,381.56$2,763.12$230.26$4,279.49$356.62$1,516.37
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61420 Discretionary Tithe$1,292.37$2,584.74$215.40$2,853.00$237.75$268.26
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Total 61400 Gifts, Grants and Tithes$2,673.93$5,347.86$445.66$7,132.49$594.37$1,784.63Ammended tithe value based on feedback from board
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63000 Facility Expense
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63015 Office Rental Expense$12,000.00$24,000.00$2,000.00$24,000.00$2,000.00$0.00
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Total 63000 Facility Expense$12,000.00$24,000.00$2,000.00$24,000.00$2,000.00$0.00
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64000 Community Development
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64100 Hospitality$16.63$33.26$2.77$233.26$19.44$200.00Center sponsored events (potlucks, celebrations, etc.)
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Total 64000 Community Development$16.63$33.26$2.77$233.26$19.44$200.00
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64600 Ministry Expenses
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64690 Music Ministry$100.00$200.00$16.67$550.00$45.83$350.00Added $350 for wireless microphone(s)
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64694 Sunday Service Supplies$0.00$0.00$0.00$0.00$0.00
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Total 64600 Ministry Expenses$100.00$200.00$16.67$550.00$45.83$350.00
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65000 Admin Expenses
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65005 Bank Fees$5.00$10.00$0.83$10.00$0.83$0.00
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60410 Merchant Service Fees$538.00$1,076.00$89.67$1,076.00$89.67$0.00
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Total 65005 Bank Fees$543.00$1,086.00$90.50$1,086.00$90.50$0.00
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65010 Postage and Delivery$81.60$163.20$13.60$163.20$13.60$0.00
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65060 Office Supplies$155.77$311.54$25.96$311.54$25.96$0.00
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65100 Computer Systems & Software$706.82$1,413.64$117.80$1,413.64$117.80$0.00
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65110 Dues & Subscriptions$167.90$335.80$27.98$335.80$27.98$0.00
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65120 Telephone/Internet$862.11$1,724.22$143.69$1,724.22$143.69$0.00
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Insurance Expense
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63310 General Liability Insurance$615.00$1,230.00$102.50$1,230.00$102.50$0.00
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63360 Worker's Compensation$347.80$695.60$57.97$695.60$57.97$0.00
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Total Insurance Expense$962.80$1,925.60$160.47$1,925.60$160.47$0.00
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Total 65000 Admin Expenses$3,480.00$6,960.00$580.00$6,960.00$580.00$0.00
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71000 COMPENSATION
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71110 Minister's Housing$1,500.00$3,000.00$250.00$3,600.00$300.00$600.00Board proposed minister housing allocation
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71111 Minister's Salary-$1,500.00-$3,000.00-$250.00$3,600.00$300.00$6,600.00Board proposed minister salary allocation
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71400 Employer Taxes
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Total 71000 COMPENSATION$0.00$0.00$0.00$7,200.00$600.00$7,200.00
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71900 Conference Fees & Exp
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71940 Continuing Education$0.00$0.00$0.00$600.00$50.00$600.00
Added $100 for annual minister license renewal and another $100 per Teri's request
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Total 71900 Conference Fees & Exp$0.00$0.00$0.00$600.00$50.00$600.00
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72000 Professional Fees
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72400 Contract Personnel
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72401 Accounting Services$2,831.14$5,662.28$471.86$5,662.28$471.86$0.00
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72405 Admin Clerk$1,820.00$3,640.00$303.33$3,940.00$328.33$300.00Includes clerk bonus of $300
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72410 Administrative Staff$1,012.05$2,024.10$168.68$1.00$0.08-$2,023.10Placeholder to keep line item for accountant
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72420 Music Director$5,400.00$10,800.00$900.00$10,800.00$900.00$0.00Kept Lynn's salary at $900
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72445 TECH Expense$750.00$1,500.00$125.00$2,600.00$216.67$1,100.00Aidan's income
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72450 Guest Speaker/Performer$4,119.99$8,239.98$686.67$7,800.00$650.00-$439.98Ammended for new speaker/musician fees
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Total 72400 Contract Personnel$15,933.18$31,866.36$2,655.53$30,803.28$2,566.94-$1,063.08
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Total 72000 Professional Fees$15,933.18$31,866.36$2,655.53$30,803.28$2,566.94-$1,063.08
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74000 Bookstore Expense$73.00$146.00$12.17$146.00$12.17$0.00
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Total Expenses$34,552.18$69,104.36$5,758.70$78,375.91$6,531.33$9,271.55
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Net Operating Income-$ 951.74 -$ 1,903.48 -$ 158.62 -$ 7,051.03 -$ 587.59 -$ 5,147.55
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