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Year Ended January 31, 2014. Treasurer’s Report. Florida-Bahamas Synod, ELCA Year Ended January 31, 2013 Covenant Giving. FYE 1.31.14 Actual $2,097,050 Which is down from $2,191,223 at FYE 1.31.13 by $94,173 representing a decrease of 4.3 %. - PowerPoint PPT Presentation
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Year Ended January 31, 2014
Treasurer’s Report
Florida-Bahamas Synod, ELCAYear Ended January 31, 2013
Covenant GivingFYE 1.31.14 Actual
$2,097,050
Which is down from $2,191,223 at FYE 1.31.13 by $94,173 representing a decrease of 4.3 %.
Florida-Bahamas Synod, ELCAYear Ended January 31, 2014
Covenant GivingActual $2,097,050
Budgeted $2,200,000
Florida-Bahamas Synod, ELCAYear Ended January 31, 2014
Covenant Giving
Actual $2,097,050
Budgeted $2,200,000
Falling short of expectations by $102,950
COVENANT GIVING($ in Millions)
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 20140
0.5
1
1.5
2
2.5
3
CHURCHWIDE MISSION SHARE(in millions of $)
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 20140.5
0.6
0.7
0.8
0.9
1
1.1
1.2
1.3
1.4
1.5
Actual and Planned% of Covenant giving for
Churchwide Mission Share
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 201640
42
44
46
48
50
52
Florida-Bahamas Synod, ELCAYear Ended January 31, 2013
Operating IncomeCovenant Giving
$2,097,050Other income $
398,679
Total $2,495,729
Florida-Bahamas Synod, ELCAYear Ended January 31, 2014
Operating Income vs. Expense
Operating Income $2,495,729
Operating Expense $2,608,468
Operating Income Over (Under) Expense
($112,739)
Florida-Bahamas Synod, ELCAYear Ended January 31, 2014
Unrestricted Board Designated Income vs. Expense
Board Designated Income $307,958Board Designated Expense $420,696
Board Designated Income Over (Under) Expense
($112,739)
Florida-Bahamas Synod, ELCAYear Ended January 31, 2014
All Unrestricted Income vs. Expense
Unrestricted Income $2,803,687
Unrestricted Expense $3,029,164
All Unresticted Income Over (Under) Expense
($225,478,)
Florida-Bahamas Synod, ELCAYear Ended January 31, 2013
Restricted IncomeTemporarily restricted by donors
$165,572Permanently restricted by donors
$ 0
Total of all restricted income $165,572
Florida-Bahamas Synod, ELCAYear Ended January 31, 2013
Restricted Income vs Expense Restricted Income
$165,572 Restricted Expense
$320,114 Restricted Expense Over restricted income
($154,542)
ALL REVENUES(IN MILLIONS OF $)
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 20140
0.5
1
1.5
2
2.5
3
3.5
4
Florida-Bahamas Synod, ELCAYear Ended January 31, 2014 All Revenue vs All Expenses
Total Revenue $ 2,969,259Total Expenses $
3,349,278
Expense over revenue $380,019
Florida-Bahamas Synod, ELCAYear Ended January 31, 2014
Changes in Net AssetsBeginning of the year 2013 $
2,600,697End of the year 1.31.2014
$ 2,219,860
A REDUCTION OF ($380,019)
TOTAL NET ASSETS(IN MILLIONS OF $)
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 20140
0.5
1
1.5
2
2.5
3
Year Ended January 31, 2014
Treasurer’s Report
