Sources and Use of Cash for 2021 INCOME Tithes and Offerings Hope Center Gifts Interest Income Missions - Hurricane Ida Grant Related Income Facility Use Income Asset Changes in Value (General Fund) Other Noncontribution Receipts (includes PPP loan forgiveness) Ministry Income Total Operating Income
$ $ $ $ $ $ $
1,714,540.53 30.00 3,468.32 7,962.00 19,737.50 496.11 13,132.22
$ 189,000.97 $ 1,942.04 $ 1,950,309.69
EXPENSES Administration/Operations Worship Discipleship & Evangelism Communications, Media & Marketing CYYA Senior Pastor Funds for Missions Executive Minister/Special Events Total Operating Expenses NET INCOME/(EXPENSE) Operating
($ ($ ($ ($ ($ ($ ($ ($
729,620.45) 110,561.92) 84,878.47) 74,312.48) 17,659.94) 316,188.13) 173,616.84) 21,696.21) ($1,528,534.44) $ 421,775.25
Designated/Restricted Accounts44 Designated Gifts Received Designated Accounts - Change in Value Designated Gifts Released NET DESIGNATED GIFTS NET FIBC INC/(EXP)
$ 56,547.01 $ 3,342.58 ($ 33,698.97) $ 26,190.62 $ 447,965.87
OTHER SOURCES/USES OF CASH Increase/(Decrease) Note Payable (Increase)/Decrease in Fixed Assets Increase/(Decrease) Exchange of Funds Increase/(Decrease) Accounts Payable Increase/(Decrease) PPP Loan Payable Increase/(Decrease) Emp W/H NET OTHER SOURCES NET CHANGE IN CASH FOR THE YEAR
($ 369,213.06) $ 0.00 ($ 6,874.11) $ 935.72 ($ 129,200.00) ($ 1,826.26) ($ 506,177.71) ($ 58,211.84)
Operating Cash at the beginning of 2021
$ 750,413.21
Operating Cash at the end of 2021
*$692,201.37
Endowment Funds Received through December 31, 2021 EXCLUDES: FIBC Endowment Fund Balance AACCC Account Deacons Benevolence – January 1, 2021 Receipts Disbursements (net) End of Quarter Balance – December
$137,619.52
$160,356.58 $54,501.19 $24,500.04 ($14,879.12)
$9,620.92 $9,620.92
*Excludes Deacons Benevolence, Legacy Endowment and AACCC Savings Accounts
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