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All Saints Church, Pasadena
Call/Text Treasurer Jim Albarano at 310-702-1105 or email jimalbarano@gmail for help or questions
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2020 Year-end Projections as of Nov 05, 2020
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DESCRIPTIONTOTALNOTES
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Total 2020 Budgeted Support (Income)$5,038,410This includes $419k of roll-over savings from 2019, this does NOT include any PPP funds.
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Total 2020 Projected Year-End Support (Income)$4,743,979
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Variance-$294,431
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Total 2020 Budgeted Mission (Expenses)$5,038,410
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Total 2020 Projected Year-End Mission (Expenses)$4,708,599
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Variance$329,811This number is provided on the Mission (Expense) Report 1102
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Total 2020 Budgeted Support (Income) Variance-$294,431Copied from above.
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Total 2020 Projected Year-End Mission (Expesnes) Variance$329,811Copied from above.
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2020 Project Year-End Balance$35,380
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In 2020, All Saints was granted a federal loan through the Paycheck Protection Program (PPP).
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PPP Funds are NOT included and cannot be counted as support (income) until legally forgiven.
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The PPP Loan was for $516,000 and we expect this to be forgiven in first quarter 2021.
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