Dwell Budget and Giving Update

Dwell Finance Information

2020 (below) shown as of December 31, 2020;  2021 Updates as of February 19, 2021: 

2021 -- Our proposed budget for 2021 reflects a modest increase over 2020, knowing that we need to proceed conservatively at this time. When pledges to cover all of what has been proposed, we would authorize spending 1.4% more than last year, or $118,100 in increased funding.

The goal for the 2021 budget is $8,508,300. We want to see 95% of the annual budget covered by pledges each year, reflecting historic trends of pledges versus actual contributions. With 2 weeks of the Annual General Fund Pledge Campaign behind us, the budget goal is within reach.

    Pledges still needed to cover proposed 2021 budget = $193,700

The results of our Fiscal Support Team vote for funding Strategic Initiatives for this year:

2021 Strategic Initiative Vote  
Division Strategic Initiative Budget Needed
Student HS Leader Intern Compensation  $       13,775
Pastoral Support Liaisons            16,000
Missions Training National Workers            10,000
Student Outreach            18,000
Pastoral Support Community Garden              2,000
Student Student Support            11,200

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2020 -- Final results for the year:

General Fund (GF) - Paying for the foundation of the ministry God accomplishes domestically and that makes possible His kingdom work around-the-world through Xenos. 

A) Annual Operating Budget (What we have planned to spend for the year, revised)   $ 8,390,100 
B) GF Donations Year-to-Date (What has been received from donors so far for year)    $ 8,496,040
C) GF Receipts Same Time Last Year (Donations thru the same week last year)    $ 8,652,650

Conclusions for General Fund Year-to-Date:  We closed the year with a strong final day of donations that closed a budget gap of over $300,000 to meet our revised budget. Along with under-spending from our managers, this outpouring of generosity sets us on a solid financial start for 2021. 

Debt - We retain some (very manageable) debt for our church and have substantial future room-to-grow at one of our properties in particular - Oakland Park Ave. in Clintonville close to the OSU campus.

Total Current Debt on All Properties = $725,000


Missions Giving - The largest part of annual growth in Xenos' Missions work funding happens outside of the General Fund. Check out Xenos' Global Partnerships for more on the church's missions work primarily through indigenous movements around the globe, along with the Humanitarian Aid & Development Fund which focuses resources on the poor and at-risk domestically and internationally.