We are pleased to report that the parish is currently operating at a $215,047 surplus compared to a budgeted deficit of $27,521 for the first six months of this fiscal year ending February 28, 2015. These favorable results are due to both increased giving and reduced spending. We received a generous bequest of $75,000 during this period and have been blessed with increases in Sunday collections, weddings, and the Christmas collection. Our Sunday offertory collections are 15.4% higher than last year, due in part to the success of our Sharing God’s Gifts Increased Giving Initiative conducted last fall. Our sincere thanks to all who are participating in this important program.
First Six Months Revenues and Expenses Ending 02/28/2015
Actual Budget Difference
Support $1,145,537 $928,872 $216,665
Expenses $930,490 $956,393
Net Support Over (Under)
Such good news must be balanced by remembering the significant expenses yet to come. Our heating bill for this winter, the need for new flooring behind the apse, the
"Take Back the Tap”
water justice initiative, our new fire alarm system, and several other projects will consume much of our present surplus, and all with good reason.
Our Faith Direct e-giving option continues to grow both in the number of participants and percentage of our total Sunday collections. In March, we had 281 parishioners donating 48% of the total collection compared to 235 parishioners and 37% of the total collection in September. We encourage those not using Faith Direct to consider enrolling as you will be able to support our parish each and every week, even if you are out of town, or unable to attend services due to weather or other circumstances. Using Faith Direct will also win you points and rewards through your credit card.
In other news, last month we were pleased to welcome Andrew Royston, Audit Manager for Deloitte and Touche, as the newest member of the Finance Council, succeeding Tim O’Connor who completed 17 years of dedicated and valuable service. We are very grateful for Tim’s efforts and we also want to thank the other six parishioners who came forward to selflessly offer their time and talent to serve on the Council. Thank you Tim and welcome Andrew!
Finally, stewardship calls us to imitate the early Christians we hear about today in our first reading from the Acts of the Apostles:
“The community of believers was of one heart and mind and no one claimed that any of his possessions was his own.”
- Acts 4:32. All that we are and all that we have is a gift from God! Think of your family, your friends, your talents and abilities – these are all gifts from God. We aren’t really owners of anything, we are merely “stewards” of the gifts God has blessed us with. Our continued thanks to all who support SFX with their time, talent, and treasure.
Your friends on the Finance Council