ODC Quarterly Budget Update

Friends of The Open Door Community: As the first quarter of our fiscal year has come to a close, we wanted to update you on our financial outlook.  But before we do, just a couple of reminders:

First and foremost, our perspective of money matches our perspective of every other resource God has given us.  It is His...He has entrusted it to us to steward it well...and the way that we steward it contributes to our becoming.

Second, our fiscal year begins on July 1 and ends on June 30.  Therefore, our quarters breakdown as follows: July-September (Q1), October-December (Q2), January-March (Q3), and April-June (Q4).

Third, while there is an offering box located in the back of our gathering space every Sunday evening, we recommend utilizing Dwolla, our online giving resource, for your generous contributions.

Fourth, our total annual budget is set at $161,050.  Our monthly giving need, therefore, is $13,420.

July Giving Projected :: $9,256  July Giving Actual :: $17,477

August Giving Projected :: $14,236  August Giving Actual :: $14,436

September Giving Projected :: $10,068  September Giving Actual :: $15,830

Currently, we have $38,731 in our "Reserve" account and $7,639 in our "Future" account.

Thank you for our ongoing generosity to God in what He's doing through The Open Door Community.  As always, if there are any questions or if you need anything from us, please do not hesitate to email.

Respectfully submitted,

The ODC Resource Team

Timothy Halls, Treasurer

Brad Zeller, Accounts Receivable

Greg Wang, Accounts Payable

Tyler Hargan, Budget Analyst