Treasurer's Report 06/30/2018 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 (CRC Fund) P. 5: Change in Funds/Equity Accounts P. 6: Giving by Church (District General Fund) P. 7: Empowering Funds Fund Summaries for District General Fund & CRC Fund: GF -Balance January 1 185 GF - Net Income (Loss) to date (53,763) Transfers from WA Developed Area Fund - General Fund balance at 06/30/18 (53,578) CRC -Balance January 1 318 CRC Net Income / (Loss) for period: 2,168 Transfers from WA Developed Area Fund - Ending Balance for CRC General Fund 06/30/18 2,487 Scott T. Fitzgerald, Treasurer
Balance Sheet Compared to Prior Year (consolidated) June 30, 2018 and 2017 6/30/2018 6/30/2017 ASSETS Current Assets 10010 Checking-First FB 19,894 7,430 10040 Checking-Farmers 7,132 8,103 10300 Money Market - First FB 26,278 69,267 10500 Cash-Web Works - - Total Current Asstes 53,304 84,800 Other Assets 11500 Investments-Brethren Foundation 1,701,722 1,615,280 12110 Acc.Rec.-M.Shetler Insurance 1,302 482 12113 Acc.Rec.-District congregations 243 243 Total Other Assets 1,703,266 1,616,005 Property, Plant, and Equipment 18201 BDM Vans 53,200 53,200 Total Property, Plant, and Equipment 53,200 53,200 TOTAL ASSETS 1,809,770 1,754,004 Current Liabilities LIABILITIES and EQUITY FUNDS 20100 Credit Card Payable 1,532 78 21000 Accounts Payable - - 22101 Payroll Tax Liabilities -GF 2,702 6,122 Total Current Liabilities 4,234 6,200 Equity Funds 30000 Unrestricted Funds 30100 General Fund in Banks (53,578) (5,412) 30200 General Fund in Foundation - - Total Unrestricted (53,578) (5,412) 31000 Board Designated 31510 Board Operating Reserve Fund 54,122 55,622 31600 Reserve/WA-Developed Area Funds 201,366 225,556 Total Board Designated 255,488 281,178 Page 1
Balance Sheet Compared to Prior Year (consolidated) June 30, 2018 and 2017 6/30/2018 6/30/2017 32000 Donor Designated 32100 Brethren Disaster Ministries 83,399 16,187 32200 Southern Ohio History Fund -BF 91,005 88,407 32300 Senior High Youth fund -FFB 113 353 32350 Junior High Youth Fund -FFB 2,690 2,690 32370 Senior Adult fund -MM 485 485 32400 New Church Development fund -FFB 3,448 3,048 32401 New Church Dev-WilmingtonPlace fund -FFB - 200 32450 Hispanic Ministries fund -ckg 4,336 4,336 38100 CRC-Camp & Retreat Commission 2,487 1,224 38401 Women's Retreat Fund 5,949 5,209 38450 Men's Retreat fund 4,985 1,789 Total Donor Designated 198,897 123,928 33100 Quasi-Endowment 33110 Ministry Cont.Educ. Quasi-Endow -BF 11,836 13,815 Total Quasi-Endowment 11,836 13,815 33200 Restricted Endowment 33210 Hartle Endowment -BF 12,246 11,552 33220 S.Ohio District Endowment -BF 35,052 34,951 33230 Endow-WA-Nature Conservancy Funds 1,302,128 1,234,912 Total Restricted Endowment 1,349,426 1,281,415 Miscellaneous Funds 34100 Empowering Congregations (5,625) 25 34200 Empowering Leadership (2,328) 25 34300 Empowering Emerging Ministries (1,780) (370) 39900 Pass-through Donations - - Total Miscellaneous Funds (9,733) (320) Equity In Land Buildings and Vans 38201 Equity in BDM Vans 53,200 53,200 Total Equity In Land Buildings and Vans 53,200 53,200 Total Equity Funds 1,805,536 1,747,803 TOTAL LIABILITIES and EQUITY FUNDS 1,809,770 1,754,004 Page 2
District General Fund Income Statement compared to Budget and Prior Year For the Six Months Ended June 30, 2018 6 months Jan. - Jun. 2018 2018 Annual Prior Year 6 months Actual Budget Difference Budget Jan-Jun '17 Revenue: 40105 Church self-allocations - GF 22,170 36,500 (14,330) 73,000 27,015 40601 New Ventures - Individuals 2,600 6,500 (3,900) 13,000 4,943 40602 New Ventures - Board & ex-offico 2,725 3,500 (775) 7,000 2,820 41005 District Conference Registrations 10 1,750 (1,740) 3,500-41010 District Conference Offering - 1,500 (1,500) 3,000-41400 Endowment Income - 1,000 (1,000) 2,000-41500 Miscellaneous Income 80 250 (170) 500-48901 Interest & Dividend Income - GF 5 5 (0) 10 9 Total Revenue 27,590 51,005 (23,415) 102,010 34,787 Expense: 51005 District Executive Salary 32,279 32,325 (46) 64,649 32,049 51010 Director of Communications Salary 12,655 12,655-25,310 12,529 51012 Treasurer's Compensation 3,671 3,671-7,342 3,635 51505 District Executive Pension 3,444 3,879 (435) 7,758 4,684 51506 District Executive Medical Insur. 3,601 3,500 101 7,000 6,214 51605 FICA Expense (GF) 1,334 1,249 85 2,498 1,387 51606 Workers' Compensation (GF) 219 113 107 225 219 51705 District Staff Travel 4,479 5,500 (1,021) 11,000 3,161 52100 Annual Conference Assessment 4,619 2,350 2,269 4,700 4,642 52105 Standing Committee Delegates 2,322 1,750 572 3,500 2,470 52200 Council of District Executives - 450 (450) 900-52300 Brethren Heritage Center - 750 (750) 1,500-52500 District Conference Expense - 1,500 (1,500) 3,000 653 53100 TRIM Coordinator 800 800-1,600 800 53150 TRIM & EFSM Fees 1,380 1,100 280 2,200 550 53500 Ohio Council of Churches 915 458 458 915-54051 District Board Retreat Expense - 125 (125) 250-54151 Liability Insurance Expense -GF 991 750 241 1,500 1,240 54205 Telephone & IT (GF) 1,273 2,000 (727) 4,000 1,204 54207 One Call Now 4,283 2,600 1,683 5,200 4,145 54301 Office Expense (GF) 1,255 3,400 (2,145) 6,800 2,229 54311 Credit Card Transaction fees 48-48 - 60 54370 Promotional/Fundraising Materials 1,786 1,500 286 3,000 1,371 District Deacon Ministry - 1,500 (1,500) 3,000 - Reconciliation Expenses - 1,000 (1,000) 2,000 - Total Expense 81,353 84,924 (3,569) 169,847 83,243 Net Income (Loss) (53,763) (33,919) (19,846) (67,837) (48,456) Transfer from/to Reserves/other funds Transfer from WA Developed Area Fund - 29,500 (29,500) 59,000 - Transfer from WA Nature Conservancy Fund - 24,000 (24,000) 48,000 18,000 Transfer to Empowering Congregations - (9,600) 9,600 (19,200) - Transfer to Empowering Leadership - (4,800) 4,800 (9,600) - Transfer to Emerging Ministries - (4,800) 4,800 (9,600) - General Fund Increase (Decrease) (53,763) 382 (54,146) 763 (30,456) Page 3
Southern Ohio District of the Church of the Brethren Camping & Retreat Commission Income Statement Compared to Budget and Prior Year Six Months Ended June 30, 2018 6 months Jan.-Jun. 2018 2018 Annual Prior Year 6 months Actual Budget Difference Budget Jan-Jun 2017 Revenues: Camper revenue 48010 CRC - Camper receipts 17,735 8,500 9,235 17,000 15,045 48030 CRC - Camper scholarships used - - - - 2,229 48080 CRC - Camper refunds - - - - - Total camper revenue 17,735 8,500 9,235 17,000 17,274 Camping program donations/fund-raisers: 48150 CRC - Church self-allocations 7,244 6,000 1,244 12,000 5,357 48190 CRC - Unrestricted Bequests/memorials - 350 (350) 700-48304 CRC - Donations from individuals 200-200 - 100 48405 CRC - Golf outing income - 1,250 (1,250) 2,500-48406 CRC - Golf outing - expenses - - - - 48408 CRC - Golf outing - 1/2 of Golf net Profit to BDM - - - - - 48409 CRC - Cookie Camp Income - - - - (25) 48851 CRC - Other Income - - - - 23 Total camping program donations/fund-raisers 7,444 7,600 (157) 15,200 5,455 TOTAL CRC REVENUE: 25,179 16,100 9,079 32,200 22,728 Expenses: General Fund balance at 09/30/17 Employee-related expenses for camp program: 51020 Director of Camping & Retreat Ministries Comm. 15,030 15,030-30,060 14,881 51025 Director of Volunteers 1,367 1,367-2,733 1,353 51616 Workers' Compensation - 113 (113) 225 49 51617 FICA Expense 1,280 1,255 25 2,509 1,613 51715 Director's Travel expense - 1,500 (1,500) 3,000 - Total employee-related exp. for camping 17,676 19,264 (1,587) 38,527 17,896 Camping expenses (non-employee related): 54040 Camp facility fees (CH=4155, B=2852.90) - 4,500 (4,500) 9,000-54044 Camp-Winter Blast Expenses 785-785 - 724 54052 Camp expense - misc 3,251 7,525 (4,274) 15,050 3,009 Total camping expenses (non-employee) 4,036 12,025 (7,989) 24,050 3,733 Camping program other expenses: 54054 Volunteer expense - - - - - 54058 Storage Rental - 400 (400) 800-54155 Insurance Expense 317 800 (483) 1,600-54206 Telephone & IT - - 124 54302 Office Expense (including postage) 981-981 306 Total camping program other expenses 1,298 1,200 98 2,400 430 TOTAL CRC EXPENSES: 23,010 32,489 (9,478) 64,977 22,059 Camping & Retreat Commission Net Income (Loss) 2,168 (16,389) 18,557 (32,777) 669 Transfer from/to Reserves/other funds Transfer from WA Developed Area Fund - 16,500 (16,500) 33,000 - Camping & Retreat Commission Net Increase/(Decrease) 2,168 112 2,057 223 669 Page 4
Donations from Churches Southern Ohio District Church of the Brethren Change in Fund / Equity Accounts For the Six Months Ended June 30, 2018 Donations from Individuals Fund/Equity Account Balance 12/31/2017 Camp Income Other Income Interest & Dividends Market Fluctuations Transfers Admin. Fees Other Expenses Balance 6/30/2018 General Fund (See page 3 for more General Fund Income Statement detail.) 30100 General Fund 185 22,170 5,325 90 5 (81,353) (53,578) Board Designated Funds 31510 Board Operating Reserve Fund 54,122 54,122 31600 Reserves/WA-Dev.Area Funds 202,532 2,187 (2,469) (662) (222) 201,366 Donor Designated Funds 32100 Brethren Disaster-non-designated 43,865 1,213 388 4,300 (11,500) (7,593) 30,673 32120 Brethren Disaster-Bucket kits 15,863 15,863 32125 Brethren Disaster-Other kits 515 294 10,000 (8,927) 1,881 32150 Brethren Disaster-Van 107 150 1,500 (1,629) 128 32152 Brethren Disaster-Van Replacement Fund 218 214 432 32153 BDM - Van Replacement Invest Fund 34,400 334 (225) (89) 34,420 32200 Southern Ohio History Fund 92,395 956 (632) (279) (1,435) 91,005 32300 Senior High Youth Fund 353 (240) 113 32350 Junior High Youth Fund 2,690 2,690 32370 Senior Adult Funds 485 485 32400 New Church Development 3,448 3,448 32450 Hispanic Ministries 4,336 4,336 38100 Camp & Retreat Commission Fund 318 7,244 200 17,735 (See p.4 for more CRC Fund detail.) (23,010) 2,487 38401 Women's Retreat Fund 5,859 90 5,949 38450 Men's Retreat Fund 1,969 5,211 (2,195) 4,985 34100 Empowering Congregations Fund 25 (5,650) (5,625) 34200 Empowering Leadership Fund 72 (2,400) (2,328) 34300 Empowering Emerging Ministries Fund 70 (1,850) (1,780) Restricted Funds 33110 Ministry Cont.Educ. Quasi-Endow 12,475 146 (96) (43) (645) 11,836 33210 Hartle Endowment 12,241 119 (78) (35) 12,246 33220 S.OH District Endowment 35,035 359 (238) (105) 35,052 33230 Endow-WA-Nature Conservancy Fund 1,301,535 12,730 (8,420) (3,716) 1,302,128 38103 Equity in Land & Buildings - - 38201 Equity in Vans 53,200 53,200 39900 Pass-through Donations - - Total Funds (Equity) $ 1,878,314 $ 30,921 $ 6,063 $ 17,735 $ 9,905 $ 16,835 $ (12,159) $ - $ (4,930) $ (137,149) 1,805,537 Page 5
(District General Fund only) Giving by Church compared to Self-allocation and Prior Year For the Six Months Ended June 30, 2018 Actual Jan - Jun 2018 2018 amount to be given per Self-allocation form Prior Year Actual Jan - Jun 2017 Bear Creek Church of the Brethren 750 1,800 780 Beavercreek Church of the Brethren - NR 1,000 Beech Grove Church of the Brethren - NR - Bellefontaine Church of the Brethren - NR - Bradford Church of the Brethren - NR 371 Brookville Church of the Brethren 250 NR - Castine Church of the Brethren - NR - Cedar Grove Church of the Brethren 500 NR 600 Charleston Church of the Brethren - NR - Cincinnati Church of the Brethren - NR 1,500 Circleville Church of the Brethren - NR 100 Constance Church of the Brethren - 1,080 1,080 Covington Church of the Brethren 150 NR - Donnels Creek Church of the Brethren 600 3,400 1,800 East Dayton Church of the Brethren - NR - Eaton Church of the Brethren - NR - Emmanuel Church of the Brethren 300 NR - Eversole Church of the Brethren 160 4,080 1,020 Flat Creek/Mud Lick Church ofthe Brethren 800 NR 800 Good Shepherd Church of the Brethren - NR - Gratis Church of the Brethren - NR - Greenville Church of the Brethren 200 800 - Happy Corner Church of the Brethren 2,100 6,800 1,700 Harris Creek Church of the Brethren 550 NR 550 Living Peace Church of the Brethren - 500 - Lower Miami Church of the Brethren 1,000 1,000 1,000 Mack Memorial Church of the Brethren - NR - New Carlisle Church of the Brethren 1,500 NR 1,500 Oakland Church of the Brethren 2,910 5,719 2,860 Olivet Church of the Brethren - NR - Painter Creek Church of the Brethren - NR - Piqua Church of the Brethren 60 100 - Pitsburg Church of the Brethren - NR - Pleasant Hill Church of the Brethren - NR - Potsdam Church of the Brethren 250 NR 250 Prices Creek Church of the Brethren 400 NR - Prince of Peace Church of the Brethren 1,000 6,500 3,000 Rock House Church of the Brethren - NR - Salem Church of the Brethren 2,750 NR 1,375 Sidney-Trinity Church of the Brethren 125 500 125 Stonelick Church of the Brethren - NR 200 Stony Creek Church of the Brethren - NR - Strait Creek Church of the Brethren - NR - Trotwood Church of the Brethren 2,315 3,875 1,385 Troy Church of the Brethren - 1,270 520 Union City Church of the Brethren - NR - West Alexandria Church of the Brethren - NR - West Charleston Church of the Brethren 3,500 NR 3,500 West Milton Church of the Brethren - NR - White Cottage Church of the Brethren - NR - TOTAL 22,170 37,424 27,015 NR = Report Not Received Page 6
One Fund Details and Balances Print July 12, 2018 For the fund 34100 Empowering Congregations For the period 1/1/2018 to 6/30/2018 Date Reference Payee / Description Memo Amount Starting Balance: 25.00 58200 Empowering Congregations Grant Expense 4/23/2018 CHECK 9507 POTSDAM CHURCH OF THE BRETHREN Activity Center Grant (2,650.00) 4/23/2018 CHECK 9509 WHITE COTTAGE CHURCH OF THE BRETHREN MCACPS Outreach program (3,000.00) Total 58200 Empowering Congregations Grant Expense (5,650.00) Starting Balance: 25.00 Total Changes to Fund Balance: (5,650.00) Ending Balance: (5,625.00) Southern Ohio District Church of the Brethren One Fund Details and Balances Print July 12, 2018 For the fund 34200 Empowering Leadership For the period 1/1/2018 to 6/30/2018 Date Reference Payee / Description Memo Amount Starting Balance: 72.00 58300 Empowering Leadership Grant Expense 5/3/2018 CHECK 9513 WHITE COTTAGE CHURCH OF THE BRETHREN Empowering Leadership Grant (2,400.00) Total 58300 Empowering Leadership Grant Expense (2,400.00) Starting Balance: 72.00 Total Changes to Fund Balance: (2,400.00) Ending Balance: (2,328.00) Southern Ohio District Church of the Brethren One Fund Details and Balances Print July 12, 2018 For the fund 34300 Empowering Emerging Ministries For the period 1/1/2018 to 6/30/2018 Date Reference Payee / Description Memo Amount Starting Balance: 70.25 58100 Empowering Ministries Expenses 4/6/2018 CHECK 9502 Missy Buchanon Friday Worship/Saturday (1,350.00) 6/15/2018 CHECK 9527 S/C INDIANA DISTRICT INTER-DISTRICT EVENT (500.00) Total 58100 Empowering Ministries Expenses (1,850.00) Starting Balance: 70.25 Total Changes to Fund Balance: (1,850.00) Ending Balance: (1,779.75) Page 7