Treasurer's Report 09/30/2017 Financial Statements Table of Contents: P. 1-2: Balance Sheet compared to Prior Year (consolidated for all commisions) P. 3: Income Statement Compared to Budget & Prior Year (General Fund) P. 4: Income Statement Compared to Budget & Prior Year (Camping & Retreat Commission) P. 5: Change in Funds/Equity Accounts P. 6: Giving by Church (District General Fund) P. 7: Current Year Activity - Pass-through Donations Fund Summaries for District General Fund & CRC Fund: General Fund - Balance 1/1/2017 25,044 General Fund - Net Income / (Loss) year to date (56,749) Transfers from WA Nature Conservancy Fund 18,000 General Fund balance at 09/30/17 (13,706) CRC General Fund - Balance 1/1/2017 (325) CRC Net Income / (Loss) year to date (15,460) Transfers from WA Developed Area Fund - CRC General Fund Balance 09/30/17 (15,784) Scott T. Fitzgerald, Treasurer
Balance Sheet Compared to Prior Year (consolidated) September 30, 2017 and 2016 9/30/2017 9/30/2016 ASSETS Current Assets 10010 Checking-First FB 18,514 8,136 10040 Checking-Farmers 10,253 14,225 10300 Money Market - First FB 82,269 57,254 10500 Cash-Web Works (1,291) 231 Total Current Asstes 109,745 79,845 Other Assets 11500 Investments-Brethren Foundation 1,654,920 1,554,536 12113 Acc.Rec.-District congregations 243-12116 Acc.Rec. - Other 482 - Total Other Assets 1,655,644 1,554,536 Property, Plant, and Equipment 18201 BDM Vans 53,200 25,800 Total Property, Plant, and Equipment 53,200 25,800 TOTAL ASSETS 1,818,589 1,660,181 General Fund balance at 09/30/17 Current Liabilities LIABILITIES and EQUITY FUNDS 20100 Credit Card Payable 169 401 22101 Payroll Tax Liabilities -GF 2,428 1,540 Ending Balance for CRC General Fund 09/30/17 2,597 1,941 Equity Funds Unrestricted Funds 30100 General Fund in Banks (13,706) 15,755 30200 General Fund in Foundation - - Total Unrestricted (13,706) 15,755 Board Designated 31510 Board Operating Reserve Fund 54,122 11,597 31600 Reserve/WA-Developed Area Funds 230,478 229,704 Total Board Designated 284,599 241,300 Page 1
Balance Sheet Compared to Prior Year (consolidated) September 30, 2017 and 2016 9/30/2017 9/30/2016 Donor Designated 32100 Brethren Disaster Ministries 77,048 24,616 32200 Southern Ohio History Fund -BF 89,795 85,038 32300 Senior High Youth fund -FFB 353 353 32350 Junior High Youth Fund -FFB 2,690 2,690 32370 Senior Adult fund -MM 485 485 32400 New Church Development fund -FFB 3,048 2,198 32401 New Church Dev-WilmingtonPlace fund -FFB 200 200 32450 Hispanic Ministries fund -ckg 4,336 4,336 38101 CRC-Camp & Retreat Com.-Gen Fund (15,784) 7,098 38302 CRC-Scholarships fund 1,080 1,512 38401 Women's Retreat Fund 4,909 8,257 38450 Men's Retreat fund 1,789 972 Total Donor Designated 169,948 137,754 Quasi-Endowment 33110 Ministry Cont.Educ. Quasi-Endow -BF 13,949 13,382 Total Quasi-Endowment 13,949 13,382 Restricted Endowment 33210 Hartle Endowment -BF 11,836 10,880 33220 S.Ohio District Endowment -BF 35,809 32,917 33230 Endow-WA-Nature Conservancy Funds 1,265,217 1,180,241 Total Restricted Endowment 1,312,862 1,224,039 Miscellaneous Funds 34100 Empowering Congregations (2,975) 25 34200 Empowering Leadership (928) 25 34300 Empowering Emerging Ministries (957) - 39900 Pass-through Donations - 160 Total Miscellaneous Funds (4,860) 210 Equity In Land Buildings and Vans 38201 Equity in BDM Vans 53,200 25,800 Total Equity In Land Buildings and Vans 53,200 25,800 Total Equity Funds 1,815,992 1,658,240 TOTAL LIABILITIES and EQUITY FUNDS 1,818,589 1,660,181 Page 2
District General Fund Income Statement Compared to Budget and Prior Year For the Nine Months Ended September 30, 2017 9 months Jan.-Sept. 2017 2017 Annual Prior Year 9 months Actual Budget Difference Budget Jan-Sept 2016 Revenue: 40105 Church self-allocations - GF 43,791 52,500 (8,709) 70,000 48,947 40601 New Ventures - Individuals 9,360 9,000 360 12,000 7,512 40602 New Ventures - Board & ex-offico 4,720 5,250 (530) 7,000 6,020 41005 District Conference Registrations 1,520 3,375 (1,855) 4,500 3,442 41010 District Conference Offering - 2,250 (2,250) 3,000-41400 Endowment Income - 1,500 (1,500) 2,000 2,021 41490 MAA Dividend from COB, Inc. - - - 1,000 41500 Miscellaneous Income - 75 (75) 100 837 48901 Interest & Dividend Income - GF 11 4 8 5 2 Total Revenue 59,403 73,954 (14,551) 98,605 69,782 Expense: 51005 District Executive Salary 48,074 48,074-64,098 47,664 51010 Director of Communications Salary 18,794 18,794-25,059 18,608 51012 Treasurer's Compensation 5,452 5,452-7,269 5,398 51505 District Executive Pension 5,320 5,769 (449) 7,692 5,720 51506 District Executive Medical Insur. 6,939 5,250 1,689 7,000 4,675 51605 FICA Expense (GF) 2,074 1,855 219 2,473 1,836 51606 Workers' Compensation (GF) (19) 169 (187) 225 117 51705 General Fund balance at 09/30/17 5,879 10,500 (4,621) 14,000 5,670 52100 Annual Conference Assessment 4,652 3,638 1,015 4,850 4,769 52105 Standing Committee Delegates 3,389 2,850 539 3,800 3,128 52200 Council of District Executives 243 675 (432) 900 900 52300 Brethren Heritage Center - 750 (750) 1,000-52500 District Conference Expense 723 1,500 (777) 2,000 213 53100 Ending Balance for CRC General Fund 09/30 800 1,200 (400) 1,600 1,200 53150 TRIM & EFSM Fees 550 1,650 (1,100) 2,200 1,650 53500 Ohio Council of Churches - 686 (686) 915-54051 District Board Retreat Expense - 188 (188) 250-54151 Liability Insurance Expense -GF 1,893 1,125 768 1,500 1,066 54205 Telephone & IT (GF) 1,961 3,000 (1,039) 4,000 2,517 54207 One Call Now 4,145 3,750 395 5,000-54301 Office Expense (GF) 2,559 1,650 909 2,200 1,469 54311 Credit Card Transaction fees 157-157 - 115 54370 Promotional/Fundraising Materials 2,566 2,250 316 3,000 863 Total Expense 116,152 120,773 (4,622) 161,031 107,577 Net Income (Loss) (56,749) (46,820) (9,929) (62,426) (37,795) Transfer from/to Reserves/other funds Transfer from WA Developed Area Fund - 40,500 (40,500) 54,000 40,000 Transfer from WA Nature Conservancy Fund 18,000 33,000 (15,000) 44,000 - Transfer to Empowering Congregations - (13,200) 13,200 (17,600) - Transfer to Empowering Leadership - (6,600) 6,600 (8,800) - Transfer to Emerging Ministries - (6,600) 6,600 (8,800) - General Fund Increase (Decrease) (38,749) 281 (39,029) 374 2,205 Page 3
Camping & Retreat Commission Income Statement Compared to Budget and Prior Year For the Nine Months Ended September 30, 2017 9 months Jan.-Sept. 2017 2017 Annual Prior Year 9 months Actual Budget Difference Budget Jan-Sept 2016 Revenues: Camper revenue 48010 CRC - Camper receipts 16,350 12,000 4,350 16,000 13,496 48030 CRC - Camper scholarships used 2,229-2,229 - - 48080 CRC - Camper refunds - - - - (50) Total camper revenue 18,579 12,000 6,579 16,000 13,446 Camping program donations/fund-raisers: 48150 CRC - Church self-allocations 9,131 10,500 (1,370) 14,000 7,843 48190 CRC - Unrestricted Bequests/memorials - 525 (525) 700 742 48304 CRC - Donations from individuals 100-100 - - 48405 CRC - Golf outing income 8,805 1,875 6,930 2,500 9,106 48406 CRC - Golf outing - expenses (3,245) (750) (2,495) (1,000) (2,057) 48408 CRC - Golf outing - 1/2 of Golf net Profit to BDM (3,482) - (3,482) - (3,525) 48409 CRC - Cookie Camp Income (25) - (25) - - 48851 CRC - Other Income 23-23 - - Total camping program donations/fund-raisers 11,307 12,150 (843) 16,200 12,109 TOTAL CRC REVENUE: 29,886 24,150 5,736 32,200 25,555 Expenses: General Fund balance at 09/30/17 Employee-related expenses for camp program: 51020 Director of Camping & Retreat Ministries Comm. 22,321 22,322 (0) 29,762 22,100 51025 Director of Volunteers 2,706 2,030 677 2,706 2,679 51616 Workers' Compensation 169 169 0 225 117 51617 FICA Expense 1,752 1,863 (111) 2,484 1,895 51715 Ending Balance for CRC General Fund 09/30/17 1,033 2,250 (1,217) 3,000 1,461 Total employee-related exp. for camping 27,981 28,633 (652) 38,177 28,253 Camping expenses (non-employee related): 58101 Camp costs paid to WAAE - - - - - 48105 Materials and supplies - - - - - 54040 Camp facility fees (CH=4155, B=2852.90) 11,700 10,125 1,575 13,500 7,731 54044 Camp-Winter Blast Expenses 724-724 - - 54052 Camp expense - misc 3,642 5,888 (2,245) 7,850 4,999 Total camping expenses (non-employee) 16,067 16,013 54 21,350 12,730 Camping program other expenses: 54054 Volunteer expense - - - - 101 54058 Storage Rental 770 600 170 800 770 54062 Professional Growth (OMA retreat) - - - - - 54065 Professional Dues (OMA) /Prof. Assistance - - - - - 54155 Insurance Expense - 1,200 (1,200) 1,600 959 54206 Telephone & IT 124-124 54302 Office Expense (including postage) 404 525 (121) 700 960 Total camping program other expenses 1,298 2,325 (1,027) 3,100 2,790 TOTAL CRC EXPENSES: 45,345 46,970 (1,625) 62,627 43,773 Camping & Retreat Commission Net Income (Loss) (15,460) (22,820) 7,361 (30,427) (18,217) Transfer from/to Reserves/other funds Transfer from WA Developed Area Fund - 22,875 (22,875) 30,500 24,000 Camping & Retreat Commission Net Increase/(Decrease) (15,460) 55 (15,514) 73 5,783 WA FACILITIES/PROPERTY (carry-over from 2015): 59032 WA-Phone Expense 278 59035 WA-Electicity Expense (394) 59058 WA-Gas Tank Removal 3,798 TOTAL FACILITY EXPENSES: 3,682 Page 4
Change in Fund/Equity Accounts For the Nine Months Ended September 30, 2017 Donations from Churches Donations from Individuals Fund/Equity Account Balance 12/31/2016 Camp Income Other Income Interest & Dividends Market Fluctuations Transfers Admin. Fees Other Expenses Balance 9/30/2017 Unrestricited Funds (See page 3 for more General Fund Income Stmt. detail.) 30100 General Fund ckg - unrestricted 25,044 43,791 14,080 1,520 11 18,000 (116,152) (13,706) Board Designated Funds 31510 Board Operating Reserve Fund 56,148 (2,027) 54,122 31600 Reserves/WA-Dev.Area Funds 212,630 3,451 18,385 (3,989) 230,478 Donor Designated Funds 32100 Brethren Disaster-non-designated 18,125 5,786 28,196 5,769 (15,487) (6,428) 35,962 32120 Brethren Disaster-Bucket kits 3,556 8,195 8,982 1,500 (14,033) 8,199 32125 Brethren Disaster-Other kits 320 346 1,440 10,500 (12,092) 515 32132 Brethren Disaster-New Windsor (187) 200 (13) - 32150 Brethren Disaster-Van 819 3,300 (3,836) 282 32152 Brethren Disaster-VanReplacement Fund 319 30,000 1,770 32,089 32200 Southern Ohio History Fund 83,548 1,411 7,523 (2,687) 89,795 32300 Senior High Youth Fund 353 353 32350 Junior High Youth Fund 2,690 2,690 32370 Senior Adult Funds 485 485 32400 New Church Development 2,598 450 3,048 32401. New Church Dev-WilmingtonPlace 200 200 32450 Hispanic Ministries 4,336 4,336 38101 Camp & Retreat Comm. General Fund (325) 9,131 100 18,579 2,076 (See p.4 for more CRC Income Stmt. detail.) (45,345) (15,784) 38302 CRC - Scholarship Fund 2,229 1,080 (2,229) 1,080 38401 Women's Retreat Fund 5,209 (300) 4,909 38450 Men's Retreat Fund 1,452 1,590 (1,253) 1,789 34100 Empowering Congregations Fund 25 (3,000) (2,975) 34100 Empowering Leadership Fund 25 (953) (928) 34300 Empowering Emerging Ministries Fund - 130 (1,087) (957) Restricted Funds 33110 Ministry Cont.Educ. Quasi-Endow 13,250 215 1,152 (670) 13,949 33210 Hartle Endowment 10,772 175 937 (49) 11,836 33220 S.OH District Endowment 32,592 531 2,834 (148) 35,809 33230 Nature Conserancy Funds Rcvd 1,168,583 18,928 100,969 (18,000) (5,263) 1,265,217 38103 Equity in Land & Buildings - - 38201 Equity in Vans 53,200 53,200 39900 Pass-through Donations 115 9,064 (See p.7 for more detail.) (9,179) - Total Funds (Equity) $ 1,698,113 $ 67,698 $ 93,072 $ 20,169 $ 11,135 $ 24,723 $ 131,800 $ 13 $ - $ (230,731) 1,815,992 Page 5
(District General Fund only) Giving by Church compared to Self-allocation and Prior Year For the Nine Months Ended September 30, 2017 Actual Jan - Sept 2017 2017 amount to be given per Self-allocation form Prior Year Actual Jan - Sept 2016 Bear Creek Church of the Brethren 1,230 1,800 900 Beavercreek Church of the Brethren 1,347 NR 1,000 Beech Grove Church of the Brethren - NR - Bellefontaine Church of the Brethren - NR - Bradford Church of the Brethren 928 NR 1,495 Brookville Church of the Brethren - NR - Castine Church of the Brethren - NR - Cedar Grove Church of the Brethren 900 NR 1,600 Charleston Church of the Brethren - NR - Cincinnati Church of the Brethren 1,500 NR - Circleville Church of the Brethren 200 NR - Constance Church of the Brethren 1,080 1,080 1,080 Covington Church of the Brethren 520 NR 500 Donnels Creek Church of the Brethren 2,650 3,400 2,550 East Dayton Church of the Brethren - NR - Eaton Church of the Brethren - NR - Emmanuel Church of the Brethren - NR 300 Eversole Church of the Brethren 1,020 4,080 3,540 Flat Creek/Mud Lick Church ofthe Brethren 1,200 NR 800 Good Shepherd Church of the Brethren 1,000 NR - Gratis Church of the Brethren - NR - Greenville Church of the Brethren 80 800 - Happy Corner Church of the Brethren 3,400 6,800 6,300 Harris Creek Church of the Brethren 610 NR 550 Living Peace Church of the Brethren - 500 - Lower Miami Church of the Brethren 1,000 1,000 850 Mack Memorial Church of the Brethren - NR 500 New Carlisle Church of the Brethren 2,250 NR - Oakland Church of the Brethren 4,290 5,719 4,497 Olivet Church of the Brethren - NR - Painter Creek Church of the Brethren - 300 - Piqua Church of the Brethren - 100 100 Pitsburg Church of the Brethren - NR - Pleasant Hill Church of the Brethren - NR 88 Potsdam Church of the Brethren 500 NR 500 Prices Creek Church of the Brethren - NR - Prince of Peace Church of the Brethren 5,750 6,500 4,477 Rock House Church of the Brethren - NR - Salem Church of the Brethren 2,750 NR 2,250 Sidney-Trinity Church of the Brethren 505 500 375 Stonelick Church of the Brethren 200 NR - Stony Creek Church of the Brethren - NR - Strait Creek Church of the Brethren - NR - Trotwood Church of the Brethren 2,515 3,875 4,063 Troy Church of the Brethren 867 1,270 3,232 Union City Church of the Brethren - NR - West Alexandria Church of the Brethren - NR 250 West Charleston Church of the Brethren 5,500 NR 5,250 West Milton Church of the Brethren - NR 1,400 White Cottage Church of the Brethren - NR 500 TOTAL 43,791 37,724 48,947 NR = Report Not Received Page 6
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