June 2019 Financials


Please see below our June 2019 Financial Update:

1) June 2019 Financials

As the summer begins and the school semester ends, most churches suffer a temporary decrease in their revenues – we are no exception. For the month of June, our revenue was less than what we projected. However, this did not come as a surprise, which is why we focused on building our reserves and planning ahead for the months where we would not reach our desired numbers. As a result, our Finance Team met with Pastor Eric and we discussed temporary cuts to discretionary spending in order to keep in line with our lower revenue. While this was a new experience for us, it was a great exercise that refocused us on our priorities.

Our monthly fixed expenses are about $2,500. Although our available revenue (after removing 50% for our Mission Fund) is below this number, we will make small adjustments in the next month to our variable expenses in order to reconcile. Should this trend continue, we will make the necessary adjustments to our projections and budget.

Some giving statistics:

  • Revenue: $4,075 (projected $6,000)

  • Average donation: $185 (-68 from last month)

  • # of Giving Units: 22 (-4 from last month)

  • Min: $20

  • Max: $391

Click HERE to view our monthly financial documents on Google Drive!

2) Mission Fund

At the beginning of June, we had a balance of $6,232 in our mission fund. Of this total, we have committed $6,000:

  • We have committed $5,000 to Person A to assist them during a difficult time in their life, the least of which includes a significant loss of income. Our Missional Community is walking alongside this family as they navigate a very strenuous situation.

  • We have committed $1,000 to Person B, who also suffered a loss of income during a challenging time.

Despite our lower revenues for the month, we have not made any cuts to our Mission Fund. Therefore, our Mission Fund continues to increase by 50% of our monthly income, which brings our total for the month of July to about $2,270.

We again thank you for your continued support and ask that you would keep us in your prayers, asking that God would grant us wisdom to steward His resources and faith that He will continue to provide for His church.

- The Finance Team


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Lincoln's Beard

7360 SW 41st Street

Miami, FL 33155

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