FY 2023-24 Year-End Report.xlsx

	A	B	E	F	G	H
1	UUCT FY 2023-24 YEAR-END REPORT
2	OPERATING BUDGET
3	INCOME			Budgeted	Actual
4	Pledges received July 1, 2023 – June 30, 2024			$245,268	$273,971	About $28,700 over budget
5	Non-pledge Sunday Collections			$4,000	$4,684
6	Rental Fees			$2,500	$6,897
7	Interest on Synovus Bank Funds			$0	$7
8	Interest on Vanguard Bond Account			$3,000	$3,164
9	Other Income			$1,500	$3,508
10	Fundraising Income			$4,000	$2,596
11	TOTAL OPERATING BUDGET INCOME			$260,268	$294,827	About $34,600 over budget
12	EXPENDITURES			Budgeted	Actual
13	Administrative Expenses			$60,456	$59,183
14	UUA APF			$16,371	$15,770
15	Allocation For Sabbatical			$1,000	$1,000
16	Religious Education Expenses			$60,445	$50,388	About $10,000 below budget
17	Music Expenses			$37,006	$34,255
18	Committees			$10,074	$8,731
19	Operation of Buildings and Grounds			$47,141	$44,571
20	Minister Expenses			$93,390	$76,298	About $17,000 below budget
21	Fundraising Expenses			$0	$622
22	Capital Loss on Investments			$0	$1,346	$15,000 of bond fund sold at a loss
23	TOTAL OPERATING BUDGET EXPENDITURES			$325,883	$292,164	About $33,700 under budget
24	INCOME LESS EXPENDITURES			-$65,615	$2,663	Surplus without budgeted transfers
25	Dividends from Endowment			$32,500	$0
26	Transfer from Reserve Fund			$33,115	$0
27	TOTAL TRANSFERS			$65,615	$0	$65,615 under budget
28	INCOME & TRANSFERS LESS EXPEDITURES			$0	$2,663	No transfers required
29
30	OPERATING FUNDS
31	Operating Fund Balance (Operating Cash Equivalents Less Church Funds Total)				$50,923	$45K increase since June 30, 2023
32
33	LIQUID ASSETS
34	Endowment Balances -- Vanguard & UUA Common, Plus Muriel Siebert				$1,381,575	$153K increase since June 30, 2023
35	Synovus Bank Balance				$47,134
36	Vanguard Bond Fund Account Balance				$82,490
37	Cash in Transit				$5,250
38	TOTAL LIQUID ASSETS				$1,516,449
39	LIABILITIES
40	Credit card payable				$102
41	Employee retirement				$2,997
42	Outreach charities payable				$513
43	TOTAL LIABILITIES				$3,612
44	NET LIQUID ASSETS				$1,512,837
45
46	FIXED ASSETS				$2,225,455
47		Buildings, Furniture & Equipment	$1,519,000			Unadjusted. FMV is likely higher.
48		Land	$706,455			Same
49	UUCT TOTAL NET WORTH JUNE 30, 2024				$3,738,292
50
51	CHURCH FUND BALANCES
52	Capital Improvement Fund Balance				$369
53	Reserve Fund Balance				$51,595	16% of budget
54	Memorial Gifts Fund Balance				$1,386
55	Minister's Sabbatical Fund				$3,400
56	Minister's Discretionary Fund Balance				$3,578
57	Harmony Camp Fund Balance				$6,208
58	UUCT Mountain Scholarship Fund Balance				$4,072
59	Youth Group Fund Balance				$1,531
60	Religious Exploration Fund Balance				$1,704
61	Spiral Scouts Fund Balance				$561
62	Young Adult Ministry Fund Balance				$130
63	Freethinker's Forum Fund Balance				$452
64	Music Fund Balance				$737
65	Community Connections Events (CCE) Fund Balance				$1,293
66	Communications Fund Balance				$1,538
67	Green Sanctuary Fund Balance				$263
68	Energy Efficiency Fund Balance				$1,039
69	T-Shirt Fund Balance				$19
70	Leadership Training Fund Balance				$90
71	Playground Improvement Fund Balance				$1,844
72	Fundraising Fund Fund Balance				$340
73	Cov UU Pagans Fund Balance				$529
74	Social Justice Action Fund Balance				$149
75	OWL Fund Balance				$1,124
76	TOTAL ALL CHURCH FUNDS				$83,951
77
78	LEGACY ACCOUNT BALANCES
79	DeLos DeTar Legacy				$30,000
80	Linda Logan Legacy				$24,967
81	TOTAL ALL LEGACY ACCOUNTS				$54,967
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