2016 Vision Gathering Pt. II State of the Church

Transcription

1 2016 Vision Gathering Pt. II State of the Church i am the church 1 Corinthians 12:27 Bible-Based Fellowship Church, Inc Ehrlich Road Tampa, Florida Rev. Anthony C. White, Senior Pastor

2 Vision Gathering SCRIPTURE 17 And he said to him, Well done, good servant; because you were faithful in a very little, have authority over ten cities. Luke 19:17

3 Vision Gathering Agenda BBFC Vision 2016 Ministry Theme and Goals 2015 Financial Review Q & A Session

4 Vision Gathering BBFC Vision Statement Build Me a Church that is Bible-Based, Christ-centered, and Holy Spirit-led, that makes a local imprint and a global impact for the up-building of My Kingdom. the pillars are Evangelism, Education, Economics, Entrepreneurship and Expansion.

5 Ministry Goals Every member living and modeling our cultural values all the time, everywhere, and with everyone we encounter. Making God known daily. Creating a place where everyone is engaged, connected or involved not as a guest, but as a host and ministry partner. Getting to better know the needs, passions and callings of every member through discovery teams. Building people holistically to stimulate their spiritual, emotional and physical health and wellbeing; providing leadership development and educational initiatives to equip believers for ministry in a broken world.

6 Ministry Goals Attracting the under-churched and unsaved through relevant Biblical teaching, Christ-centered worship; and engaging youth church in a non-threatening environment. Broadening global missions and outreach through membership participation in domestic and international mission trip initiatives. Expanding the kingdom of God through local, national, and international church planting.

7 Ministry Goals Attracting the under-churched and unsaved through relevant Biblical teaching, Christ-centered worship; and engaging youth church in a non-threatening environment. Broadening global missions and outreach through membership participation in domestic and international mission trip initiatives. Expanding the kingdom of God through local, national, and international church planting.

8 Personality or Culture Culture not vision or strategy is the most powerful factor in any organization. - Samuel R. Chand

9 2016 Theme Now you are the body of Christ and members individually. 1 Cor. 12:27

10 Personality and Culture We are: Welcoming Compassionate Authentic We pursue: Growth Excellence Servanthood Transformation

11 Ministry Partner vs. Auditor Many members and one body This is your house: Guest versus Host Ministry Partner Everyone has a position to play No Ministry Spectators No Ministry Auditors

12 FINANCIAL OVERVIEW Bible Based Fellowship Church 2015 Audit and Financial Activities

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14 2015 Balance Sheet Facts Total Assets Cash Collateral for loan on Cathedral Cash on hand as of 12/31/2015 Property and Equipment $ 7.65 M $ 1.15 M $ 920 K $ 255 K $ 6.5 M Total Liabilities and Equity $ 7.65 M Liabilities Centennial Bank Loan Balance $ 3.8 M Accrued Accounts Payable $ 63 K Equity $ 3.79 M

15 2015 Income by Category **BBU, Children s Church and Imani Expressions income was negligible in proportion to total income

16 2015 Overall Expenditures

17 2015 Profit and Loss Sheet Facts Income Tithe and Offering $ M Imani Expressions $ 12 K Rental Income $ 21 K Interest Income $ 18 K Ministry Income $ 47 K Designated (restricted) Income $ 23 K Expenses G & A/ Operational Expenses $ 1.88 M Worship/Missions/Benevolence $ 260 K Net Income $ 23 K

18 2015 BBFC Annual Expenses Top Expenses *Personnel (G & A and Operational) **Property related expenditures (Operational) Contract Services/Guests and related costs (G&A) ****Interest Expense (G&A) ***Insurance (G&A) Ministry Expenses (Operational) Copier Expenses (Operational) Refreshments (Operational) $ 663K $ 572K $ 266K $ 183K $ 93K $ 58K $ 48K $ 27K * Please note that this includes 7 full time persons and 5 part time persons along with all related benefits (i.e., insurance, payroll taxes, etc.) ** Please note that our annual depreciation on the fixed assets for the campus is $ 347,000 *** Please note that this includes General Liability, Property, Workman s Comp, Umbrella, Professional Liability, Crime, Auto and D & O ****Interest related to mortgage expense (5.5 % for 5 years)

19 2015 Ministries Top 10 Ministries Expenditures Local Outreach $ 19,405 Youth Ministry $ 8,504 General Ministry Expenses $ 8,163 Christian Education $ 3,963 Couples $ 3,232 Media $ 2,854 Women s Ministry $ 2,651 Health & Fitness $ 2,448 Worship Arts $ 2,409 Men s Ministry $ 2,044

20 2015 Income vs Expenses

21 2014 vs 2015 Comparison Income & Expenses

22 2015 vs 2014 Monthly Revenue Comparison

23 2015 vs 2014 Monthly Revenue Comparison

24 2015 BBFC Online Giving Facts Tithing 19% or $ 322,630 Offering 2% or $ 11,504 Outreach 4% or $ persons enrolled to give through Simple Give 286 persons have given through Simple Give $ average donation 10 persons on auto pay

25 2015 BBFC Giving Facts Average attendance per Sunday 796 Average annual giving (per person) $ 2,064 33% of persons contributed (> $ 1.00) to BBFC National Average of Annual Church Giving $ 2,250 The truth is: Giving is a heart issue, not a money issue.

26 2015 Financial Accomplishments Targets Become debt free Paid additional payments to reduce balance due on mortgage Save 7.5% of annual income Increase additional streams of income by 5% Increase giving through the tithe Complete one capital expense project Distribute 2.5 % of gross revenues to charitable organizations Achievements All short term debt paid in full monthly Reduced the principal amount on mortgage by $ 63,360 Saved 6% of overall income $134,851 Increased rental income by 65% Increased tithe giving by 6% Completed exterior paintings of buildings on campus (MDS Painting $ 35,703.51) Charitable contributions $14,575

27 2016 Financial Targets Increase overall revenues, specifically tithe and offering by 7% Increase payments to reduce balance of the mortgage (balance as of May 30 th $ 3.667M) Save minimum 5% of gross revenues Increase additional streams of income (i.e. rental income by 5%) Complete outstanding capital projects

28 Future Capital Projects Parking lot and lighting upgrades Replacement of A/C Units (campus wide) Technology Upgrades (campus wide digital whiteboards) Audio/visual equipment (campus wide) Landscaping Remodel of kitchenette area in Building One FLC Interior Redesign (youth lounge, nursery expansion, etc.) BBFC Signage Handicapped Equipped Van Tile repair in the cathedral and FLC

29 July I am the Church Upcoming Church Wide Events SABBATH MONTH No ministry meetings/activities Sizzling Summer Series The View August Back to School Sunday CG Leadership Training Leadership Meeting September 12 Hour Prayer Factor Family & Friends/Back to Church Sunday

30 October I am the Church Upcoming Church Wide Events Pastor s Appreciation Fall Harvest Festival November 2B1 Married Couples Conference Leadership Meeting December Leadership Recognition Christmas at the Cathedral

31 Question and Answer

32 Visit the BBFC Website