COMBINED GENERAL & CAPITAL FUND REVENUES / EXPENDITURES
TREASURER’S REPORT
| Centreville Presbyterian Church | |
| Combined General Fund and Capital Fund Revenues and Expenditures Year Ended December 31, 2021 | |
| Revenues: | |
| General Fund Offerings | $ 1,185,136 |
| Rental Income Capital Fund Offerings | 161,743 27,480 |
| Other General Fund Income Other Capital Fund Income | 1,103 279 |
| Advent Missions Giving (Every Orphan’s Hope) | 45,749 |
| Total Revenues | $ 1,421,490 |
| Operational Expenditures: Personnel | $ 831,799 |
| Property Operations and Maintenance | 205,578 |
| Missions Expenditures: | |
| Advent Missions Giving (EOH) | $ 45,749 |
| Other Missions Expenditures | 84,711 |
| Total Missions Expenditures | 130,460 |
| Worship | 21,882 |
| Christian Education | 20,071 |
| Community, Fellowship, and Resources | 19,527 |
| Bank and Online Merchant Fees and Charges | 13,762 |
| ECO Dues | 14,783 |
| Christian Education | 12,210 |
| Session/Deacons/Stewardship | 1,739 |
| Stephen Ministry | 301 |
| Total Operational Expenditures | $ 1,272,393 |
| Mortgage Debt Service | $ 253,583 |
| Operational and Debt Service Surplus (Deficit) Before Employee Retention Credits | ($ 104,486) |
| Employee Retention Credits | $ 129,338 |
| Surplus (Deficit) After Employee Retention Credits and Before Capital Expenditures | $ 24,852 |
| Capital Expenditures: | |
| Parking Lot Repairs and Repaving | $ 89,000 |
| Lobby Window Replacement and Caulking | 10,914 |
| Air Conditioning Compressor Replacement | 8,278 |
| Other Capital Expenditures | 7,355 |
| Total Capital Expenditures | $ 115,547 |
| Surplus (Deficit) after Capital Expenditures | $ (90,695) |
COMBINED GENERAL, CAPITAL, & FRESH START BALANCE SHEET
TREASURER’S REPORT
| Centreville Presbyterian Church | |
| Combined General Fund, Capital Fund, and Fresh Start Balance Sheet
December 31, 2021 | |
| Assets: | |
| Cash – Fresh Start | $ 278,272 |
| Cash – General Fund | 93,086 |
| Prepaid Expenses | 9,611 |
| Land | 881,773 |
| Building (Net of Depreciation) | 2,260,504 |
| Furniture and Equipment (Net of Depreciation) | 255,996 |
| Building Mortgage Financing Costs (Net of Amortization) | 21,391 |
| Capital Fund Replacement Reserve: | |
| Restricted Cash | 264,154 |
| Restricted Certificates of Deposit | 137,250 |
| Total Assets | $ 4,202,037 |
| Liabilities: | |
| Security Deposit – Ad Fontes Academy | $ 11,714 |
| Deferred Revenue | 22,495 |
| Building Mortgage Payable | 1,903,185 |
| Total Liabilities | $ 1,937,394 |
| Fund Balances: | |
| Unrestricted Fund Balance – General Fund | $ 1,584,967 |
| Unrestricted Fund Balance – Capital Fund | 0 |
| Restricted Fund Balance – Fresh Start | 278,272 |
| Restricted Fund Balance – Capital Fund Replacement Reserve | 401,404 |
| Total Fund Balances | $ 2,264,643 |
| Total Liabilities and Fund Balances | $ 4,202,037 |
