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Prays Mill
Members: Here is a breakdown of the July 25th 2007
conference business analysis of Revenue and
Expenses for 6 months
Income: $411,552.00 -
Spending on Personnel ONLY - $258,851.00
63% of your tithes
and offerings go to Personal Expenses
That leaves only 37% of the
remaining Revenues to Run the Church and do God's
Ministries...!
Break Down in Spending:
# 5301 Ministerial staff
$57,574.00 .
#5302 Support Staff $78,760.00 -
#5303 Housing allowance
$8153.66.00 -
# 5401 Fica Medicare $ 6,901.00 -
# 5402 Insurance / Retirement -
$37,636.00 -
# 5906 Staff Prof. Expense
Reimbursement $ 16,450.00 -
# 5909 Misc. Personnel Expense $ 13,641.00
-
# 5915 Preaching Conferences / Revivals $ 2,126.00
This includes; Expense for conferences and/or
revivals.
May or may not include meals and travel.
#5103 Christian
Education $8,153.66
#51007 - Vehicle
Expense $10,609.12
63% - or $258,851.00 for Personnel
Pay of God's Tithe's and Offerings from you !
The above represents how it was
explained to me from an accountant professional.
There could have been modification to the items
and how they are classified and coded for the
above in the last 6 months, but the dollar numbers
are from the July 25th 2007 conference summary
document given to each member. |