2013 Ministry Action Plan

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ISTROUMA BAPTIST CHURCH
2013 MINISTRY ACTION PLAN (MAP) PROPOSAL
OUTLINE AND SUMMARY
• All Major IBC Funding Categories doing well In 2012
• Proposing $300k For 2013 Love Out Loud versus $260,000 In 2012
• 2013 Proposed Budget is ~1% Over 2012 Projected Receipts, ~6%
Over 2012 Budget
• General Fund Missions Up $15k Consistent With 2013 Budget
Increase
• Propose to add Middle School Minister and Full-Time Missions
Minister 2013
• Debt Service Constant In 2013; Debt Restructured In 2012
• Property/Utilities Budget Down ~$12k Mostly From Lower Utilities
• Medical Insurance & Benefits Up $72k
OUTLINE/STATUS OF MAJOR IBC FINANCIAL CATEGORIES
•
General Fund ($4.2M budget in 2012)
+ Adequate funding to meet personnel-related and ministry needs
+ Keeping pace with demands for utilities, maintenance, insurance etc.
•
Love Out Loud Missions ($260,000 budget in 2012)
+ Good church participation in variety of activities
+ Close cooperation with Istrouma Sports as largest outreach of church
•
Family Crisis Benevolence ($20,000-25,000 budget in 2012)
+ Continues to be a high quality program for members in need
+ Adequate funding without need for extra emphasis to church
•
Capital Projects (budgeted as money becomes available)
+ Church approved a $2M investment in campus upgrades (iChurch)
+ $684,000 in account; Worship Center and Café Istrouma projects initiated
3
OVERVIEW OF 2013 LOVE OUT LOUD MISSIONS BUDGET
•
Proposing $300,000 Budget in 2013 Versus $260,000 In 2012
•
SBC Missions Allocations
$150,000
+ Lottie Moon (65%), Annie Armstrong (20%), Georgia Barnett (15%)
•
Local Missions Projects
$50,500
+ Increases to Fellowship Churches and ISO Outreach (+$9.5k)
+ Added disaster relief and local benevolence (from general fund) (+8.5k)
+ Total budget +$15k with other smaller changes
•
North American Missions Projects
$39,500
+ Decrease San Francisco (-$13k) and increase North Carolina (+3.5k)
+ Add Native North American Mission (+2.5k) and Oregon church (+$5k)
+ Total budget down $2,000
•
International Missions Projects/Other
$124,100
+ Puerto Rico Sports (+$29k); India Mission Trip (+$5k); Missions Conf. (+10k)
+ Unreached Group (e.g. Mumbai) (+25k); Haiti House (+2.5k)
+ Total budget +$54k with lower “emerging” ministries and Africa (-$20k)
•
Total Estimated Projects ~$360,000 Including Previous Year Carryover
4
Yearly Receipts To General Fund
5.0
4.0
Linear
Trend Line
3.0
2012
Estimate
2.0
1.0
2015
2010
2005
2000
1995
1990
0.0
1985
Receipts in Millions
IBC GENERAL FUND BLESSED WITH LONG-TERM GROWTH
Year
•
25+ Year Growth Averages Around 7% Per Year
5
PERSPECTIVE OF 2013 BUDGET VERSUS RECENT RESULTS
Budget
Receipts
Expenditures
Millions of Dollars
5.0
4.4
4.5
4.0
2012
Receipts
Estimate
3.5
3.0
4.45
2013
Budget
Proposal
2.5
2009
2010
2011
2012
2013
2014
Year
•
2013 Proposal is about 1% Increase Over Projected 2012 Receipts
•
2013 Budget Increase is 6% Over 2012
•
Anticipate ~$4M Expenditures In 2012
6
STAFF-RELATED CHANGES MATCHED WITH BUDGET
2012 Changes:
•
Increased Staffing In Facilities and Maintenance Areas
•
Added Part-Time Minister for Deaf Ministry
•
More volunteers, especially in Sports Ministry, but added more paid workers
2013 Proposals:
•
Add Minister for Middle School Students
+ A goal for many years to separate high and middle school students
+ Simultaneous growth in student base and finances opens door
•
Increase Missions Minister From Part-Time To Full-Time
+ Funded with returns from permanent reserve account
7
COMPARISON OF 2012 AND 2013 BUDGET SECTIONS
2012 = $4,200,000
2013 = $4,450,000
7.96%
39.86%
9.16%
5.84%
7.87%
Ministry
43.03%
8.84%
Missions
5.44%
Admin
Property/Utilities
18.33%
18.84%
Debt Service
Personnel
17.30%
•
Largest Changes Personnel Related
•
More details on each area in subsequent pages
17.52%
8
MINISTRY AREA BUDGET UP $8,900 (2.3%)
2013 Ministry Budget = $393,600
•
Area Consists Of Worship, Greeting, Media, Age Group
Divisions, Sports Ministry, And Outside Support Areas
•
Deaf Ministry Included (+$6,350 vs. $0 In 2012)
•
Worship And Media Areas Up But Mostly Offset By
Small Changes In Other Areas
9
MISSIONS AREA UP $15,600 (4.7%)
2013 Missions Budget = $350,000
• Cooperative Program Budget
+ Includes contributions to NAMB and IMB
+ Set as percentage of overall budget
+ Does not include Love Out Loud contributions
10
ADMINISTRATION BUDGET DOWN $3,059 (-1.3%)
2013 Admin Budget = $242,245
• Area Consists Of Office Supplies, Kitchen
Supplies, Computer Supplies, Web Site Fees,
Printing, Postage and Senior Pastor Support
• Printing Costs Down (-$12,000) Due To Benefits Of
New Contract
• Increases In Kitchen Supplies (+$2,000), Website
For Social Marketing (+$1,500), Van Maintenance
For Deaf Ministry (+$3,000), And Other Small
Changes
11
PROPERTY AND UTILITIES BUDGET DOWN $11,900 (-1.5%)
2013 Property &Utilities Budget = $779,500
•
Building Maintenance Budget Increased $10,000
+ Primarily driven by 2012 HVAC experience
•
Custodial Staff Budget Decreased -$13,800
+ Based on 2012 experience and contractor/overtime use
•
Utilities Estimate Down -$20,000
+ Projecting natural gas/electricity prices will remain low
•
Property Liability Insurance Up $8,000
•
Other Smaller Changes
12
DEBT SERVICE BUDGET UNCHANGED
2013 Debt Service Budget = $770,000
•
Debt Service Budget Remains At $770k
•
Debt Level Now Slightly Below $8M
•
Debt Restructured with Variable and Fixed Loans
+ $6.46M fixed at 4.25%; $1.45M variable currently at 3.22%
+ Restructured as hedge against potential interest rate rise
•
Continuing to Pay Extra Principle as Funds Available
13
PERSONNEL BUDGET UP $240,455 (14.4%)
2013 Personnel Budget = $1,914,655
•
Budget was down $60,000 In 2012 versus 2011 for Staff
Changes and Restructure – Now Anticipate Full Staffing
+ Maintenance supervision now full time
•
Minister to Deaf In Place After 2012 “Merger”
•
New Middle School Minister Position Fully Funded
•
Medical Insurance and Benefits Increased By $72,000
14
SUMMARY
•
All Major IBC Funding Categories Doing Well In 2012
• Proposing $300k for 2013 Love Out Loud versus $260,000 in 2012
• 2012 Projection and 2013 Budget Aligned with Historical Growth
•
2013 Budget Is ~1% Over 2012 Projection & ~6% Over 2012 Budget
•
General Fund Missions Up $15k Consistent with 2013 Budget Increase
•
Propose to Add Middle School Minister And Full-Time Missions Minister
•
Debt Service Constant in 2013; Debt Restructured in 2012
•
Property/Utilities Budget Down ~$12k Mostly from Lower Utilities
•
Medical Insurance & Benefits Up $72k
15
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