Financial Summary — Income and Expense Statement
Published: June 6, 2023
Consolidated Church and Community Outreach Center Operations
The Finance Committee is pleased to present the attached Financial Overview for Asbury First UMC through April 30, 2023. Due to your continued generosity, we witnessed a strong four months of individual giving ahead of budget by 13%. To date we have been approved for approximately $68,000 in grant funding and received over $62,000 in-hand to support the Community Outreach Center already ahead of what was budgeted year-to-date. We are experiencing unfavorable variances caused by unplanned plumbing expenses and costs of contracted custodial services during a brief staffing shortage, as well as sporadic utility expenses based on estimated billing. Despite these concerns our financial position remains primarily positive overall going into the summer months.