Welcome to the SPRING CONGREGATIONAL MEETING

Transcription

1 Welcome to the SPRING CONGREGATIONAL MEETING

2 AGENDA Welcome Joe Luberda Opening Devotion Scott Osbourn Board Nominations Joe Luberda Ministry Update & Vision Casting Dion Garrett Financial / Budget Presentation Jeff Cook Other Business / Q&A Joe Luberda Closing Prayer Dion Garrett

3 OPENING DEVOTION Scott Osbourn Principal

4 BOARD OF DIRECTORS NOMINATIONS Joe Luberda Board of Directors President

5 BOARD OF DIRECTORS MEMBERS Name Joe Luberda Ebenezer Satyaraj Scott Thompson Mike Speichinger Chris Arft Karen Brown Mindy Jeffries Scott Morris Neal Weber Dion Garrett Jeff Cook Current Position President Vice-President Treasurer Secretary At Large At Large At Large At Large At Large Senior Pastor CFO

6 BOARD OF DIRECTORS NOMINATIONS Joe Luberda Neal Weber Scott Morris Marla Maloney President Secretary At Large At Large

7 MINISTRY UPDATE & VISION CASTING Dion Garrett Senior Pastor

8 NEXT: LEAN IN, STEP UP, BREAK OUT! Pursue People Like Never Before. Mobilize the Next Generation of World Changers. Take Our Campus to the Next Level.

9 PURSUE PEOPLE LIKE NEVER BEFORE Conduct in-depth research into our community. Commit to invest deeply in mission through our mission partners. Hire a Community Engagement Director. Move forward the work of CIA. Resource and support our staff leaders who make all this possible. Update: New Associate Pastor & House Church!

10 MOBILIZE THE NEXT GEN OF WORLD CHANGERS Invest in the tremendous growth and lifechanging impact of Children s and Student ministry. Renovate nursery spaces with better ambiance and security. Create a clearer, more welcoming entry point to Children s Ministry from the Commons.

11 TAKE OUR CAMPUS TO THE NEXT LEVEL Better street identification. Clearer entry point, Sense of arrival. Sanctuary and lobby cosmetic updates. Sanctuary building infrastructure updates. Space for connecting and gathering in the lobby and commons.

12 WHERE ARE WE NOW? We are off to a great start: $10.85 million expected toward our $11 million goal. Our church is boldly advancing our mission (see previous slides). Work on our campus is about to begin! NEXT is a one fund initiative. It fuels all we do as a church, it is not a capital campaign! About 15% of NEXT is going toward campus improvements, 85% fuels our ambitious ministry!

13 WHERE ARE WE NOW? $1.56 million budgeted for facility improvements. Phase One: Sanctuary ($400k) Phase Two: Commons ($480k) & Children s Ministry ($400k) Phase Three: Exterior ($250k) We are paying for improvements as we go! We don t want improving the building to cut into lifegiving ministry. The more generous people are, the more significant the physical changes to our campus.

14 PHASE ONE: SANCTUARY IMPROVEMENTS Input phase (past): Congregational worship survey Jan 2016 Unchurched focus group research July 2016 Listening Groups April 2017 Planning phase (current): Working with gifted STJ people and design companies to finalize a design to the front of the Sanctuary. Working with a sound company to finalize sound system. Construction phase (this summer).

15 FUTURE PHASES Phase Two: Commons & Children s Ministry targeted to begin after January Phase Three: Exterior Improvements targeted nearer the end of NEXT, possibly as late as Spring of Ongoing: A thriving church that is pursuing people like never before and mobilizing the next generation of world changers.

16 NEXT: LEAN IN, STEP UP, BREAK OUT! Recap & Questions

17 STRONGHOLD CAMBODIA & MCN June 2010: Began groundwork for a partnership with LCMS on the Angel Dorm. Sept 2013: LCMS pulled out of Cambodia. Late 2013: Mission of Christ Network (MCN) is born to continue abandoned mission efforts by LCMS. Early 2014: Cambodian law changes re: housing children overnight. Sept 2014: Stronghold Cambodia is born! Feb 2017: Agreement between STJ, SC & MCN.

18 STRONGHOLD CAMBODIA & MCN Our agreement with MCN and Stronghold puts us back in the position we wanted to be in the beginning, a partner. MCN will help engage other churches in the work of Stronghold and also help provide support, coaching, and accountability to Stronghold leadership. Stronghold will remain an independent, registered NGO of Cambodia. St. John will remain a significant donor & partner.

19 FINAL WORD & QUESTIONS?

20 FINANCIAL / BUDGET PRESENTATION Jeff Cook Director of Operations/CFO

21 OVERVIEW Summary Presentation Amounts are in thousands (000) s Year refers to the end of the Fiscal Year (June 30) Amounts do not include non-cash expenses such as depreciation Primary Funds are Ministry Fund and School Fund

22 MINISTRY FUND CURRENT YEAR Ministry Fund Budget Forecast Fav/(Unfav) Giving $4,524 $4,441 ($83) Other Income Ministry Expenses 1,999 1, Operating Expenses 2,678 2,739 (61) NEXT CapX Provision Surplus/(Deficit) $2 $2 $0 *Forecast is based on actual results through April 2017.

23 MINISTRY FUND SURPLUS/(DEFICIT) $150 $ $50 38 $0 2 -$50 -$100 -$150 -$200 (80) (81) (129) (163) Actual Budget *2017 amount is a forecast based on actual results through April 2017.

24 MINISTRY FUND GIVING $4,600 $4,400 4,441 $4,200 $4,000 $3,800 $3,600 $3,400 $3,200 3,683 3,547 3,508 3,438 3,464 3,558 3,439 3,634 3, Actual

25 GIVING TRENDS Ministry Fund giving through FYTD April 2017 is $647,914 higher than it was at the same time last year. FYTD 04/30/17 giving of $3,773,790 is unfavorable to budgeted giving of $3,840,745 by $66,955 or 1.7% Ministry Fund giving is forecasted to end the fiscal year $939,678 higher than last year.

26 EXPENSE TRENDS Ministry Fund expenses FYTD April 2017 of $4,212,779 are lower than FYTD budgeted expenses of $4,446,959 by $234,180. Ministry Fund expenses are forecasted to end the fiscal year $368,634 below budget.

27 FY16/17 BUDGET TO FORECAST COMPARISON FY16/17 Budgeted Surplus $ 2 Giving Negative Variance (83) Other Income Positive Variance 31 Expense Positive Variance 8 NEXT CapX Provision 44 FY16/17 Forecasted Surplus $ 2

28 FY16/17 FORECAST TO FY17/18 BUDGET FY16/17 Forecasted Surplus $ 2 Giving Increase 839 Other Income Decrease (32) Ministry Expense Increase (141) Operating Expense Decrease 50 NEXT Provision Increase (714) FY16/17 Budgeted Surplus $4

29 INCOME PROJECTION FACTORS External Economic Forecasts Unemployment Rate Projections Interest rate environment Changes in disposable income Tax law changes Number of Sundays in the fiscal year

30 INCOME PROJECTION FACTORS Internal Calendaring of major holidays Attendance trends Giving trends Giving messaging

31 EXPENSE PROJECTION FACTORS Overall ministry vision Current year expense trends External factors (benefits, utilities, debt pymts) Changes to current events and experiences Additional ministry possibilities

32 MINISTRY FUND TRENDING FY12/13 Actual FY13/14 Actual FY14/15 Actual FY15/16 Actual FY16/17 Forecast* FY17/18 Budget Giving Income $3,558 $3,439 $3,634 $3,701 $4,441 $5,280 Expenses** 3,639 3,602 3,596 3,567 4,439 5,276 Surplus/(Deficit) ($81) ($163) $38 $134 $2 $4 FY12/13 Budget FY13/14 Budget FY14/15 Budget FY15/16 Budget FY16/17 Budget FY17/18 Budget Surplus/(Deficit) $2 $3 $2 $5 $2 $4 *FY16/17 forecast based on actual results through April **Expenses are net of Other Income

33 SCHOOL FUND - CURRENT YEAR School Fund Budget Forecast Fav/(Unfav) Tuition ECE 8 th Grade $1,810 $1,887 $77 Third Source Funding (9) Other Income ECE 8 th Grade Expenses 1,816 1,828 (12) Other Expenses Surplus/(Deficit) ($69) $88 $157 *Forecast is based on actual results through April 2017.

34 SCHOOL FUND SURPLUS/(DEFICIT) $150 $100 $ $0 -$50 -$100 (73) (39) (58) 11 (15) -$150 (152) (140) -$200 (196) -$ Actual Budget *2017 amount is a forecast based on actual results through April 2017.

35 SCHOOL FUND TRENDING FY12/13 Actual FY13/14 Actual FY14/15 Actual FY15/16 Actual FY16/17 Forecast* FY17/18 Budget Tuition ECE 8 th $2,021 $1,905 $1,846 $1,836 $1,887 $1,761 3 rd Source Funding Other Income ECE-8 th Expenses 2,056 2,067 2,019 1,865 1,828 1,771 Other Expenses Surplus/(Deficit) $11 ($140) ($193) ($15) $88 ($20) FY12/13 Budget FY13/14 Budget FY14/15 Budget FY15/16 Budget FY16/17 Budget FY17/18 Budget Surplus/(Deficit) $2 ($48) ($106) ($64) ($69) ($20) *FY16/17 forecast is based on actual results through April 2017.

36 BUDGETING FACTORS Marketplace Competition Rollover of Current Students Economic Forecasts Marketing Early Childhood Option Demand Staffing

37 FY17/18 BUDGET CHANGES FY16/17 Forecasted Surplus $88 Third Source Funding Decrease (11) Tuition ECE-8 th Decrease (126) Other Income Decrease (10) ECE-8 th Expense Decrease 57 Other Expenses Increase (18) FY17/18 Budgeted Deficit ($20)

38 ADDITIONAL INFORMATION AND Q & A Check out our website for more information Board Reports including Financial Statements Audit Reports Congregational Meeting Slides About Church Business

39 OTHER BUSINESS AND Q&A Joe Luberda Board of Directors President

40 CLOSING PRAYER Dion Garrett Senior Pastor