Xenos Finance Information
As of December 30, 2016:
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)||$7,097,470|
|B) GF Donations Year-to-Date (What has been received from donors so far this year)||$7,212,500|
|C) GF Receipts Same Time Last Year (Donations thru the same week last year)||$6,858,250|
Conclusions for General Fund Year-to-Date: We fully covered 2016 budget in the final days of the year!!
If we did not cover General Fund budgeted giving, it would affect the ministry that God has set before us, but also affect the way we look at funding in the coming year. In 2017 we will have some increases needed to the "core" budget and new ventures that God wants to fund, so finishing strong in 2016 sets the church in solid shape for His coming work.
Building Fund - Servicing debt on mortgages for Xenos properties in central Ohio. The 'Securing Our Future' Building Fund provides funds to meet our very manageable debt obligations. God delivered a new property into our hands in 2016, so we have added some debt at very manageable levels for our church.
Many of the families who gave generously to expand ministry through our new facility in 2014 will have their pledges end in 2017. This will free up funds from those families, who we encourage to consider shifting these funds to other worthy Christ-centered purposes within the church.
|2014-17||$ 5,382,510||$ 4,785,800|
Total Current Debt on All Properties = $2,060,500
Missions Giving - Also check out Xenos' Global Partnerships for more on the church's missions work around the globe, along with the Humanitarian Aid & Development Fund which focuses resources on the poor and at-risk domestically and internationally.