Yakama Christian Mission bases the coming years budget on previous year income. Therefor the 2018 budget is based on 2016 income as will the 2019 budget be based on 2017 income. In doing so, the Mission is able to keep from large shortfalls from one year to the next. In 2018 we are budgeting a $4495.15 shortfall from direct 2016 income, however, it is covered by the increase of 2016 Invested Assets.
Yakama Christian Misson 2018 Budget | |||||
Statement of Activities Dec 31, 2016 (Unaudited) | 2017 Budget | 2018 Budget | |||
Income | |||||
Contributions | |||||
Congregations | 12,746.39 | 16,000.00 | 12,746.39 | ||
Summer Garden Project | 500.00 | ||||
Individuals | 3,042.93 | 3,000.00 | 3,042.93 | ||
CWF | 1,534.00 | 500.00 | 1,534.00 | ||
Regions | 1,200.00 | 1,600.00 | 1,200.00 | ||
Disciples Home Missions | 6,132.53 | 6,132.53 | |||
Disciples Home Missions – Disciples Men | 2,255.00 | 2,250.00 | 2,255.00 | ||
Interest Income & Distribution from CCF | 4,829.00 | 3,100.00 | 4,829.00 | ||
Miscellaneous | |||||
Total | 32,239.85 | 26,450.00 | 32,239.85 | ||
Expenses | |||||
Salaries & Benefits | 19,999.99 | 20,000.00 | 22,000.00 | ||
Intern | 0.00 | 1,000.00 | 1,000.00 | ||
Travel | 3,443.67 | 7,000.00 | 12,000.00 | ||
Storage | 1,235.00 | 1,200.00 | 1,235.00 | ||
Office Supplies (Computer) | 333.41 | 1,700.00 | |||
Miscellaneous | |||||
Outreach – White Swan Community | 550.00 | ||||
Reimbursements | |||||
Total | 25,562.07 | 30,900.00 | 36,235.00 | ||
Income over Expenses (Expenses over Income) | 6,677.78 | (4,450.00) | (4,495.15) | ||
Net Assets, Beginning of the Year | 160,763.26 | ||||
Transfers | 0 | ||||
Net Assets, Ending of the Year | 167,441.04 | ||||
Statement of Assets | |||||
Held by Disciples Home Missions | 73,408.40 | ||||
Investments with Christian Church Foundation | 82,379.27 | ||||
Board of Church Extension – Certificate of Deposit | 11,653.37 | ||||
Total Assets | 167,441.04 | ||||
Net Assets | |||||
Unrestricted | 161,366.04 | ||||
Temporarily Restricted | |||||
Kirkwood | 5,575.00 | ||||
Legal Defense | 200.00 | ||||
Book Fund | 300.00 | ||||
Total Temporarily Restricted | 6,075.00 | ||||
Net Assets, Ending of the Year | 167,441.04 |