Xenos Finance Information
As of June 7, 2020:
Our annual Pledge Campaign successfully covered all new ministry programs presented to the church for inclusion in 2020 plans. However, as we finalized details to the budget, the current Covid-19 crisis hit. We communicated a framework for reponding to financial needs during this unprecedented time to the church and we will update that plan as events continue to unfold.
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)||$ 8,740,310|
|B) GF Donations Year-to-Date (What has been received from donors so far for year)||$ 3,286,400|
|C) GF Receipts Same Time Last Year (Donations thru the same week last year)||$ 3,408,800|
Conclusions for General Fund Year-to-Date: We are clearly seeing an effect of the current crisis on giving to the church as we are behind donations from the same time last year when we are normally ahead in order to cover increases in budget. People have been affected in their ability to give as they initially intended, and we pray for the circumstances people are experiencing. We continue to appreciate those who are able to give generously and even sacrificially to cover the financial needs of the church.
Debt - We do not have an active campaign for any facilities at this time. 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 = $760,800
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.