Grace Baptist Church
Treasurer's Report
for 1st Half of the Year 2003

(January I -June 30, 2003)
 

Fund


Balance
Forward From
December 31, 2002

Plus:
Income for
Jan 1 - June 30

Less:
Expenditures for
Jan 1 - June 30

Balance on
Hand as of
June 30, 2002

General Fund (See below)             185.92                32,560.27               27,558.05 **            5,188.14
Missions Fund                               649.00                    609.50                   900.00                    358.50
Children's Ministries (GBB)              376.67                                                                              376.67
 Fund Raisers (Flea Markets, etc.)   658.25                    201.80                                                 860.05
                                         ____________          ____________          _____________        ____________
                                
                                 TOTALS    1,869.84               33,371.57               28,458.05                 6,783.36

* General Fund Income consisted of:                                              

                  Tithes and Offerings                                23, 327.05                                          
                      Sunday School                                          387.44
                      Mortgage Payment from Old Building        8,338.68
                      Donations for Equipment                            102.10
                      Donations for Flowers                                  50.00
                      Benevolent Fund                                          91.00
                      Tape Ministry                                              19.00
                      Donations for Books                                     80.00
                      Donations in Memory of Wm. Morrison          30.00
                      Donations for Use of Building                       100.00
                      Bank Refunds                                              35.00
                                                                               __________

                      Subtotal - General Fund Income              32,560.27


** General Fund Expenditures consisted of:

       Mortgage Payments                                                                           8,807.94
       Pastor's Housing & Expense Allowance                                               11,700.00
       Insurance:  Guide One - Fire/Property/Liability                                         845.50
                         Medical Coverage (Christian Brotherhood)                          1,620.00
                         Medical Reimbursements - Pastor's family                             459.78
       Utilities:      Reimer Bros - Fuel Oil                                                          411.57
                        GPU - Electricity                                                                 1,006.84
                        Verizon - Phones                                                                  613.91
Sunday School Supplies/Teaching Aids/VBS                                                    597.46
Honoraria - Guest Speakers                                                                           100.00
Benevolent Projects                                                                                          8.16
Office Supplies/Postage                                                                                 452.41
Safe Deposit Box Rental                                                                                  18.00
Buildings/Grounds Maintenance (Including snow plowing)                                 374.08
Copyright License                                                                                           93.00
Advertising - Pocono Record                                                                          257.09
Ministry Supplies                                                                                           192.31
                                                                                                       ____________

               Subtotal - General Fund Expenditures                                           27,558.05

                                                                                                          

Respectfully Submitted,


B. J. London
Treasurer

Cash Flow for Jan - June 2003:
Income                    $33,371.57

Less: Expenditures     28,458.05
                            ___________
Cash Flow                   4,913.52

                                                                       

NOTE: We want to thank Lindsey for sending us her church Treasurer's Report in hopes that exiters/ members of the Worldwide Church of God, Philadelphia Church of God, or any of their authoritarian offshoot groups may see what a genuine financial report from a Christian church looks like.

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