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Sources and Use of Cash for 2021
I N C O M E
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
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E X P E N S E S
$ 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
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
Designated/Restricted Accounts44
Designated Gifts Received Designated Accounts - Change in Value Designated Gifts Released NET DESIGNATED GIFTS NET FIBC INC/(EXP)
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
Operating Cash at the beginning of 2021 ($ 729,620.45) ($ 110,561.92) ($ 84,878.47) ($ 74,312.48) ($ 17,659.94) ($ 316,188.13) ($ 173,616.84) ($ 21,696.21)
$ 56,547.01 $ 3,342.58 ($ 33,698.97)
($ 369,213.06) $ 0.00 ($ 6,874.11) $ 935.72 ($ 129,200.00) ($ 1,826.26)
$ 750,413.21 ($1,528,534.44) $ 421,775.25
$ 26,190.62 $ 447,965.87
($ 506,177.71) ($ 58,211.84)
Operating Cash at the end of 2021
Endowment Funds Received through December 31, 2021 EXCLUDES: FIBC Endowment Fund Balance $160,356.58 AACCC Account $54,501.19 Deacons Benevolence – January 1, 2021 Receipts $24,500.04 Disbursements (net) ($14,879.12) End of Quarter Balance – December
*Excludes Deacons Benevolence, Legacy Endowment and AACCC Savings Accounts
