Dear Lifer, Can you believe there are only 11 weeks left in 2011? The third quarter of the year has come to a close. One of the best ways we can honor God in the last quarter of the year is with our personal finances. Here are eight ways you can thrive in your personal finances the rest of the year. 1. Do NOT go into debt for Christmas. Make a year-end plan today that will save you from spending yourself into debt. 2. Pay something off today. Make a payment on a credit card or bill that will pay it off or put a dent into the lump sum. 3. Give an extra big tip to your next waitress/waiter. 4. Spend a few minutes after you've read this letter to ask God to give you direction on who needs a blessing in their life and how you can bless them. 5. Do a Craigslist.com Saturday - pick a Saturday and put as much of your stuff on Craigslist. The average American household has $2200 worth of extra household items. 6. Automate some savings. Go into your online banking and set-up an automatic withdrawal of a percentage of your income to your savings account. 7. Stop right now and name 5 things you are thankful that God has provided for you and your family. 8. Ask God how he wants you to be obedient in your generosity through the end of the year. I've also included a statement that lists all of your financial contributions to Life Church through the third quarter of the year. The attached giving statement has all of your financial donations listed through the third quarter of this year. You'll get a statement for tax purposes at the end of the year, but I wanted to thank you for your generosity. Because of your generosity, you are helping lead people to become fully devoted followers of Christ. Just take a look at some of the amazing things that have happened this year:
We ve given away over $30,000 to missions locally, regionally and internationally Every weekend, an average of 70 plus children are hearing about God s love and grace 50 people have gone public with their faith in Christ through baptism I want you to remember that when you give, everything goes to fund a ministry that ultimately helps change lives. Thank you for being a part of the Life Church family and helping us accomplish the vision God has given us. Your Pastor, Patrick Moore Do you carry cash or lug around a checkbook? Probably not. Most people do not carry real money because we use our debit cards and online banking to pay bills and everyday items. As a result, Life Church Franklin has a BRAND NEW online giving option that will make life a little easier for you. It s quick, safe, and easy! It takes 60 seconds to setup your account for a one time or reoccurring gift. We call it Automate The Important. Some of the benefits include: Digital giving helps you become a disciplined giver. In 1 Corinthians 8-9, Paul challenged the Corinthian believers to give intentionally, deliberately, and at a pre-determined time. Digital giving helps you be intentional and consistent with your generosity. You can give 24/7, not just during church services. Have more opportunities to contribute to the mission and vision of our church and give when your are sick or out of town. To set up your automatic or one time online gift, go to: www.lifechurchfranklin.com/give
8:51 AM 10/18/11 Accrual Basis Life Church Franklin Balance Sheet As of September 30, 2011 Sep 30, 11 ASSETS Current Assets Checking/Savings Campus Development - Money Mkt 133,443.58 Lisa 799.88 Macon Bank 3,289.86 Patrick 1,577.07 PayPal 828.28 SecureGive 523.38 Total Checking/Savings 140,462.05 Total Current Assets 140,462.05 TOTAL ASSETS 140,462.05 LIABILITIES & EQUITY Liabilities Current Liabilities Other Current Liabilities Payroll Liabilities Employee Health Insurance 596.43 Federal Withholding 937.00 FICA 3,821.27 NC Withholding 1,335.00 Payroll Liabilities - Other 1,290.97 Total Payroll Liabilities 7,980.67 Total Other Current Liabilities 7,980.67 Total Current Liabilities 7,980.67 Total Liabilities 7,980.67 Equity Retained Earnings 92,917.59 Net Income 39,563.79 Total Equity 132,481.38 TOTAL LIABILITIES & EQUITY 140,462.05 Page 12 of 12
Income Interest Income 849.80 Mission Offerings Compassion International CSP 2,000.00 LifeKids Compassion Int 369.86 Local Missions 250.00 Servolution 177.54 Tornado Relief 775.00 Mission Offerings - Other 132.00 Total Mission Offerings 3,704.40 Portable Church 15,111.74 Tithes/Offerings 298,302.62 Total Income 317,968.56 Expenses Missions Adventures In Missions 2,020.00 ALCC, Inc 3,000.00 Blue Door Ministries 25.00 CareNet 1,980.00 Church Plants - Compassion International CSP 8,760.00 Compassion International - Other 3,913.99 Total Compassion International 12,673.99 Lifechurch.tv 200.00 Local Missions 2,973.28 Samaritian's Purse/OCC 3,000.00 Servolution 1,291.10 Smoky Mtn Pregnancy Care Ctr 858.00 World Changers 583.87 Missions - Other 1,540.41 Total Missions 30,145.65 Staffing Expenses Employee Health Insurance 11,398.00 Payroll Expenses Direct Deposit Fee 60.00 FICA 5,218.53 Housing Allowance 32,607.00 Penalties and Interest 342.21 Salary 68,216.00 Subcontractors 1,740.00 Total Payroll Expenses 108,183.74 Bookkeeping 900.00 Total Staffing Expenses 120,481.74
Ministry Expenses Books 1,292.99 FPU Materials 1,951.03 Host Team Coffee 760.72 Host Team - Other 84.91 Total Host Team 845.63 LifeGroups Childcare 920.00 Food 127.19 Materials 665.67 Social 485.00 Youth Camping Trip 571.83 Food 1,329.71 Materials 201.52 Total Youth 2,103.06 Total LifeGroups 4,300.92 LifeKids Background Checks 306.00 Curriculum 1,202.61 T-Shirts 1,252.50 LifeKids - Other 12,434.36 Total LifeKids 15,195.47 Planning Center 432.00 Tithe Envelopes 437.96 Visitor Gifts 962.08 Worship House Media 80.96 Worship Team Food 548.83 Gas 200.25 Worship Team - Other 1,273.96 Total Worship Team 2,023.04 Ministry Expenses - Other 605.74 Total Ministry Expenses 28,127.82 Operating Expenses Advertising and Promotion Facebook 227.01 Billboards - Newspaper 412.12 Radio - Other Signs 816.32 Sign at SMCPA 600.00 Other 1,940.54
Total Advertising and Promotion 3,995.99 Bank Service Charges Macon Bank 38.50 Paypal 165.21 Total Bank Service Charges 203.71 Building Expense - Church Offices - Computer and Internet Expenses Computers 1,259.54 Constant Contact 15.00 Domain Names 344.16 Ink Cartridges 979.78 Micro Frame Corp 490.00 Monthly Internet Service 467.45 Payroll Software - Other 396.07 Total Computer and Internet Expenses 3,952.00 Giving Initiative 1,385.79 Insurance Expense 630.40 Office Supplies 1,158.90 Postage and Delivery 450.93 Printing and Reproduction 313.58 Rent Expense Church Offices 4,560.00 Macon County School System 9,600.00 Mountain View Intermediate 6,000.00 SMCPA 15,100.00 Total Rent Expense 35,260.00 Secure Give Online Giving Merchant Fees 162.20 Monthly Service 147.00 Other Fees 251.00 Total Secure Give Online Giving 560.20 Sound Equipment 10,321.59 Storage Unit 477.00 Telephone Expense Monthly Service 2,304.99 Phone Equipment 339.39 Total Telephone Expense 2,644.38 Trailers 103.95 Total Operating Expenses 61,458.42 Discretionary Expenses Conferences and Meetings Catalyst 370.41 Fuel 565.54 Giving Rocket Conference** 737.08
Lifechurch.tv Conference 50.00 Lodging 265.68 Meals 216.32 Newspring Conference 138.11 Staff Retreat 2,931.61 Velocity Church Planters Conf 245.06 Other 629.76 Total Conferences and Meetings 6,149.57 Evangelism and Special Events At The Movies 2,033.60 Back to School Bash 1,745.72 Baptism Bash 268.85 Communion 149.21 Eve of Christmas Eve 211.00 Special Event Gifts 713.30 Other 523.63 Total Evangelism and Special Events 5,645.31 Meals 2,245.01 Softball 1,491.87 Volunteer Appreciation The Big Show - Gifts 2,102.99 Meals 1,782.64 Pool Party 271.16 Total Volunteer Appreciation 4,156.79 Total Discretionary Expenses 19,688.55 Non-Recurring Expenses Portable Church 26,502.59 Total Non-Recurring Expenses 26,502.59 Campus Development Campus Development 23,000.00 Total Non-Recurring Expenses 23,000.00 Total Expense 309,404.77 Net Ordinary Income 8,563.79