By the Numbers

Finance Summary (3Q Quarter Report, 2025-26)

pdfRev__Exp_Board_-_March_2026.pdf

3Q Finance Summary FY2025-26 

Key Balances (as of March 31, 2026)

 

March 2026

March 2025 (last year)

Net Operating Total YTD

$47,403

-$48,950

General Reserve Fund

$34,901

$31,782

Strategic Initiative Fund

$470,165 ($150,000 planned transfer* for 25-26 budget)

$205,380 ($129,000 planned transfer for 24-25 budget)

Campus Needs Fund

$173,227

$103,907

Truist Loan

$16,287

$40,066

Minister’s Discretionary Fund

$25,726

$15,723

Schwab Investment (T-bills)

$702,445

$835,254

* Planned Reserve Transfer. Per recommendation from BFAC, this year the planned transfer posted 50% of the planned amount at six months into the fiscal year, with the remainder to balance the budget posting at the end of June. This shift in accounting practice means that $75,000 was posted in December2025 which significantly impacts the YTD figure, as compared to last year at the same point. The intention here is to reflect expenses relative to budgeted income in a more realistic way as the fiscal year unfolds.

Inside the Numbers

On the income side:

  • Pledge income for this fiscal year (2025-26) is significantly ahead of last year.
  • Rental activity remains very steady, and similar to the pace of last year.

On the expense side:

  • Most budget lines are at or below budget. There are some increases in the cost of doing business which are reflected in several expense areas (utilities, insurance, fire system inspections, IT, supplies, stewardship, membership), while some expense lines are above budget since items are paid for the entire year in advance.
  • YTD net is $47,403. This figure will decrease in the next few months and be covered at the end of the year by the amount needed from the planned reserve transfer. With three months to go in the fiscal year, several variables can impact the total amount needed to transfer from reserves at the end of June. At this point, the end of the year projection for FY2025-26 is that we will need about $125,000 of the $150,000 planned reserve transfer.

 

Pledge Drive Summary

The thank you card team is responding to pledges received. Reminder calls and emails are complete. On April 19 an appeal for a pledge collection was shared in service as we are seeking to reach one million in pledges for the first time. While we are close, it will take a bit more time to see the final results of this appeal.

Pledge numbers              (as of April 20, 2026)

372 pledges       $964,553

23 new, 128 increased, 35 decreased

Document prepared by

Daniel Trollinger, Executive Minister