REDEEMER LUTHERAN CHURCH
PROJECTED FINANCIAL REPORT
FOR THE MONTH OF JANUARY 2021


Our Operating Expense of     $7,364.81 exceeded
our Operating Income of       $6,148.82 
by                           ($1,215.99) 
for the month of January.


Comparing Actual figures to Budgeted figures, which are based on the church being open:

Budgeted Operating Expense of $10,083.00 exceeded
Actual Operating Expense of    $7,364.81
by                            ($2,718.19).

Budgeted Operating Income     $10,083.00 exceeded
Actual Operating Income of    $6,148.82
by                            ($3,934.18).


Respectfully submitted,
Financial Chairman
January 26, 2021

​We ended 2020 with a small negative outcome. For the year, Operating Expenses of $111,645.93 exceeded our Operating Income of $110,527.12 leaving a negative balance of ($1,118.81). Several things to note is that since the church was closed, our expenses did not reach the budgeted amount of $126,204.00. Also, our offerings did not reach the $126,204.00, to cover our projected expenses. If we had our normal expenses of $126,204.00 with our Operating Income of $110,527.12, we would have ended our year with a negative balance of ($15,676.88). As we begin 2021, and, hopefully, open our church, we will have to take that shortfall into consideration when we prayerfully consider our giving. The good news is we do have $15,481.80 in our checking account, $7347.94 in the PPP account and $7,420.37 in our Thrivent Account. 
 
See our "DONATIONS" page for directions for using the "GIVE" button!
You may always send a check by mail or drop it in our mailbox at the church.  The mail is checked and any checks will be deposited!  Thank you for your gifts!!