From the desk of the treasurer
P&L:
This is a good overhead of expenses vs. income for the first month of 2023 and sets a good tone for how our finances have shaken out since the transition from both our brewery and our founding pastor. It brings me immense joy to see the fall off in giving stabilize the way it has. We bring in just under $12k monthly and our expenses are well within our means. The only thing missing from this sheet is our loan payments as that is not tracked when it comes to profit, that will be listed in our liabilities section under the balance sheet.
Balance Sheet:
This is the way we track what we owe (Liabilities) and what we own (Assets).
The first section (everything above the first double line) shows our current assets which is exclusively our cash on hand as we have discharged all other assets that we were over-leveraged anyway.
The second section is our liabilities which includes our payroll (this is only showing a balance due to being in a payroll period during the pull of this report).
The next block lists our two debts that remain: Our member loan and the synod loan. Both of these debts have payments that sit comfortably within our ability to pay. You will also notice a negative ~$300k which reflects the synod write off from the previous total.
This is a good overhead of expenses vs. income for the first month of 2023 and sets a good tone for how our finances have shaken out since the transition from both our brewery and our founding pastor. It brings me immense joy to see the fall off in giving stabilize the way it has. We bring in just under $12k monthly and our expenses are well within our means. The only thing missing from this sheet is our loan payments as that is not tracked when it comes to profit, that will be listed in our liabilities section under the balance sheet.
Balance Sheet:
This is the way we track what we owe (Liabilities) and what we own (Assets).
The first section (everything above the first double line) shows our current assets which is exclusively our cash on hand as we have discharged all other assets that we were over-leveraged anyway.
The second section is our liabilities which includes our payroll (this is only showing a balance due to being in a payroll period during the pull of this report).
The next block lists our two debts that remain: Our member loan and the synod loan. Both of these debts have payments that sit comfortably within our ability to pay. You will also notice a negative ~$300k which reflects the synod write off from the previous total.
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