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A Message from Pastor Steve . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 A Beacon of Hope . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Caring Ministry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Children’s Ministry . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Discipleship . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Global Missions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 Hispanic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Stewardship . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 Student. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 Summit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 A Letter from Fred Erler . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 Finance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38

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2007 ~ 2008 annual report


A Message from Pastor Steve

Greetings in the name of our Lord and Savior Jesus Christ! Thank God for the supreme blessing of being a part of God’s mission and ministry in and through the Mount Pisgah UMC family. This second annual report is a wonderful testimony to God’s grace and the Holy Spirit at work in God’s people as we have freely reinvested in others that which God has given to us through our praying, giving and serving. As we explore the pages ahead we are encouraged to see that in one of the toughest economic environments in our generation God has used us for His purpose and glory in inspiring ways and what has been accomplished is absolutely miraculous! Hundreds of families with Middle and High School students have been touched and enriched in many areas of life and are now putting a premium on being a discipling family. Our student confirmation was one of the most meaningful ever with 57 youth making their profession of Jesus Christ as Lord and beginning their journey of discipleship. In the same manner hundreds of families with young children have been enriched and are praying, serving, and studying the Bible together and we were blessed this year to award 65 2nd graders a bible of their own to help them grow forward and understand their value to God and others.


a message from pastor steve

Scores of adults have been challenged to rise to a new threshold of being a disciples of Jesus Christ who are making disciples through SS classes, groups, and we commissioned and deployed 250 global servants on mission trips around the world. We have also reached out to our Community through Live the Vision, Habitat, Here to Serve, and many other initiatives by deploying thousands of servant leaders of all ages to touch thousands of lives in the name of Jesus Christ. We have made great progress in a new paradigm of equipping and deploying those who are a part of the Mount Pisgah family to return to the networks of family, community, and work life to live their faith in Christ out in both practical and contagious ways. Finally, we have moved towards a sustained and viable financial position as we have balanced our operating budget to do ministry in the name of Christ using that which God provides through those who are so generously invested in the mission here. We have also continued to move towards our goal of being debt free by reducing our overall indebtedness by $2,078,748 in just the past 12 months! Thank you for believing that Christ can do all things through us as He gives us strength and wisdom and may God be praised for this powerful year of ministry and being a part of God’s work to transform lives by bringing help, hope, and place to call home to literally thousands!

Yours in Christ, Pastor Steve

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A Beacon of Hope Pregnancy Resource Center/ The College Women’s Center

Services Provided  Free Pregnancy Testing  Free Limited Ultrasound Testing  Mentoring  Options Education  Financial and Medical Assistance  Transportation  Life Skills Education  Support Groups  Parenting Classes  Domestic Violence Assistance  Housing Placements  Ramsey Budgeting  Material Support  Adoption Referrals/ Support Groups  Recovery Placements  Pre-natal/Post-natal Education  Post-Abortion Counseling Group Support

Our Mission To offer a Christ-centered and compassionate solution to abortion. In our world, a firm belief that each and every human life was ‘created in the image and likeness of God’ (Genesis 1:27) necessitates action. Beacon has been a ‘faith in action’ venue for the Church. 2008 is Beacon’s tenth birthday year. A decade ago A Beacon of Hope Pregnancy Resource Center was conceived out of God’s love for the unborn. That love gave birth to a compassionate, life-affirming ministry. From the beginning, our mission has been to provide lifeaffirming counsel and care to people in crisis pregnancies. Compelled by the truth that God’s love is not only for the unborn, but for the parents of at-risk babies, over 300 growing disciples of Christ have taken action through the ministry of Beacon. They have served parents of newborns through a number of support services and they have walked many of those parents toward a relationship with Christ. Yes, the parents have benefited, but so have the unborn. Miraculously so. Many children who were scheduled for abortions now celebrate their birthdays every year. Over 1,000 expectant mothers and fathers have been helped by The Beacon Model of Long Term Alternative Care®. This service is designed to encourage socio-economic, spiritual, emotional, mental and financial stability in the home. And it stresses that parenting and adoption are viable options. While the foundation of ABOH / TCWC is anchored in the Christian faith, we serve people without regard to race, age, nationality, religious affiliation, marital status, income or disability, all at no cost. Our ultimate hope is to lead people to Christ, the true breath of life, after being His hands and feet over a three-year period. Again, we have not only ministered to parents, but to over 500 newborns and toddlers as well.

 Post-delivery Meal Preparation/Delivery  Fatherhood Preparation mount pisgah

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a beacon of hope

Highlights January: We converted our ministry to a medical clinic in partnership with Focus on the Family. Ultrasound technology is used to confirm a viable intrauterine pregnancy, and allows us to reveal the miracle within—God’s handiwork—to expectant parents.

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May: Fourteen children, from two to nine years old, all saved from abortion between 1998 and 2006, were invited back to commemorate the Tenth Birthday of Beacon at our “Celebrate Life!” Benefit. The children sang “Happy Birthday to Beacon.” When these children first came to us as God’s unseen little ones, the majority of their mothers felt abortion was their only option. These women came feeling alone, desperate and trapped in their circumstances. Now, ten years later, they embrace the goodness of God. They know that the outstretched arms of Beacon were the arms of Christ.

“Fearfully and wonderfully made” ~Psalm 139

 75% of these mothers are now walking with Christ!  10 of the 14 children were either scheduled to be aborted or their mothers considered ending their pregnancies an option.

“For you created my

 Each Beacon child received a Children’s Bible at a party in their honor at the “You are a Miracle” Party.

me together in my

 A glimpse of these fourteen faces is a reminder that this ministry has the potential to transform, not just one generation, but two. Ten years ago many supporters responded to God’s call to make an investment in life. Their support has provided visible fruit: balloons and birthday cakes and Bibles. And the visible fruit of walking, talking, breathing children.

inmost being; you knit

mother’s womb.” ~Psalm 139:13-14


a beacon of hope

Picture the difference you can make!  76 A Beacon of Hope Pregnancy Resource Center babies saved in 2008!  17 The College Women’s Center Babies saved in 2008!  $483,801 raised in 2007 – 2008.  Over 6,116 volunteer hours of service.That’s equivalent to three fulltime positions!  Over $22,254.00 worth of diapers, wipes, and baby items given to the Hope Store.

How “untimely” pregnancies have led to timely miracles:  A woman who chose not to have an abortion after viewing her unborn baby on ultrasound was given a car. Her first use of that car was to attend weekly worship. And now she is the mother of a beautiful baby girl named Jordan! While being a mom has its challenges, she is overwhelmed with joy for her precious gift from God.  A new father welcomed his little baby boy into the world last week. Although tiny at 5 pounds, this little child has overflowed his heart with love. He is now working very hard to be a good provider, even getting a second job in order to offer more support for him.  A homeless, teen mother was placed in a maternity home, earned a complete nursery set in The Hope Store, and is now lovingly embracing her baby girl. Not that long ago, this young woman’s idea of solving her pregnancy was an abortion. (“Zaria,” meaning princess! 7/30/08)  When we give to a parent in need, our goal is to give lavishly.To give like God gives. It’s this kind of giving that softens tough exteriors and melts hard hearts. When we showered gifts on a self-proclaimed agnostic—gift cards for groceries and gas, job assistance, 24/7 emotional support—she began to seek information about the God she initially said she didn’t care to know. (Aroura Boris! 10/11/08)

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Caring Ministry Our Mission:To build disciples of Jesus Christ by providing a place of grace, hope and compassion.

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Because we come to Christ as imperfect humans, the road of discipleship is often paved with problems. Celebrate Recovery is a ministry that not only acknowledges those problems, it sets problemplagued people on the road to healing. In fact, CR invites anyone who has a “hurt, habit, or hang-up” to come find wholeness in Christ. As people are freed from their addictive, compulsive and dysfunctional behaviors, they are liberated to pursue a stronger personal relationship with God and others.

Highlights  Pastor Steve Wood came to our second anniversary celebration in September 2007 and gave his testimony. We had a record attendance that evening of 225 people.  Fourteen people attended a Celebrate Recovery “How to Write Your Testimony” workshop we offered in October of 2007. Ten of those fourteen have completed their testimonies and have given them live at a Tuesday evening Celebrate Recovery meeting. Some of our CR members have given their testimonies at other CR meetings throughout the area.  In November of 2007, Celebrate Recovery began a ministry with the women of Mary Hall Freedom Center, a transitional housing unit and recovery ministry for single women in Sandy Springs. Each Tuesday we take a Mount Pisgah bus to Mary Hall for our regular Tuesday CR meeting. It is amazing to see the transformation God has done in these women’s lives as they participate in worship, small groups and Step Studies. One of the women who had been attending for several weeks made this comment after the meeting one Tuesday night: “This is the first time in my life that I have ever walked into a church and felt loved. I usually feel condemned and guilty at church. I have reconnected with Jesus through CR.”


caring ministry

 As a result of the new ministry with the women of Mary Hall Freedom Center, two of our Step Study leaders felt a calling to go to Mary Hall Freedom Center every Friday morning and do a Step Study with the women. Each week over 40 women participate in the Step Study.  When we began the year in 2007, we were averaging in the mid30s in attendance at CR. By the beginning of 2008, we were averaging in the mid 50s! God is continuing to grow this ministry through His grace. One of the reasons for the growth is that we have developed CR 101, an overview of CR for first time visitors to CR. CR 101 is a one-time class where we explain the nuts and bolts of CR to our first-timers. We describe each gender-based share group we offer so that they can decide which share group best meets their needs. We have recently added a third Men’s Share Group that specifically addresses men’s sexual issues.  On July 27th, 2008, we had a Celebrate God’s Grace Sunday in worship. We held a Tuesday night CR meeting that Sunday morning. Each person was given a blue surrender chip attached to a Serenity Prayer bookmark. That chip represented whatever hurt, habit or hang-up each person was dealing with. At the end of the service, Mike encouraged each person present to surrender to God whatever that chip represented in his or her life.  Celebrate Recovery allows us to take a ringside seat near the drama of God’s work in lives of His people. We look forward to 2008 – 2009 and what He has in store for us as we continue to be a place of grace, hope and compassion.  This year Mike Roper began his 14th year in ministry as Minister of Caring at Mount Pisgah. Each new year is more exciting than the one before.

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Community Outreach Our Mission To show the love and mercy of Jesus Christ in tangible ways to the poor and underprivileged, the lonely, imprisoned, homeless and elderly in our community. [ 12 ]

Highlights H e r e t o S e rv e 2 0 0 7 Every year Here to Serve brings together people from all ages at Mount Pisgah to serve in the name of Jesus on one day in the community. On October 6, 2007, more than 350 men, women and children worked on 25 different projects here on the Mount Pisgah campuses and throughout the metro Atlanta area. Clothes sorting, house repairs at a women’s shelter, yard work for seniors, sorting food at a co-op, playing baseball with disabled children were just some of the many projects.

A Mount Pisgah volunteer helps spruce up the grounds at Rainbow Village

H ol i day A s s i sta n c e 2 0 0 7 The Mount Pisgah family shared the love of Jesus in many ways throughout the 2007 Thanksgiving and Christmas seasons by partnering with several community agencies. We joined with North Fulton Community Charities, Senior Services North Fulton, Prison Fellowship Ministries and several area senior care facilities in the area. Hundreds of volunteers gave their time and resources. Here is a summary of the holiday assistance provided by the Mount Pisgah family:  225 Meals on Wheels were prepared and delivered  1341 Angel Tree gifts given to 447 children of prison inmates  6 Nursing Home worship celebrations  68 gift bags given to Roswell Nursing Home/Rehab Center residents  225 blankets made by Blanket Ministry and Knots of Love were donated to: Nursing Home Ministry VA Hospital Global Mission partners

A Beacon of Hope New Hope Mission

“The smile on Mrs. Potter’s face said it all. When we first walked into her apartment to pack and prepare her for moving she was so noticeably anxious and we were all ready to run away. But we did it! God was with us all the way. We helped Mrs. Potter and gave her that smile of hope.”


caring ministry

N F CC H ol i day P r o g ra m Through North Fulton Community Charities, Mount Pisgah members served our community in the following ways:  $7,655 in grocery gift certificates were given to the NFCC Holiday Program  50 Families were sponsored [ 14 ]

 10 homebound seniors were sponsored  Hundreds of toys, household items and gift certificates were donated for the Santa Shop  105 Bicycles were donated and refurbished Tr i n i t y Ta b l e S o u p K i t c h e n For the past 24 years Mount Pisgah has served at the Trinity Soup Kitchen every Palm Sunday. Trinity serves the only hot meal available on Sundays to the homeless population in downtown Atlanta. Here is how Mount Pisgah answered God’s call to feed the hungry on March 15 and 16 this year:

Bikes are made “new” for the North Fulton Community Charities Santa Shop

 110 volunteers made 2,000 sandwiches  66 volunteers made 100 gallons of chili  40 volunteers served at Trinity  400 homeless men and women were served The two aspects of service in God’s name—serving the needy in our community and working together in fellowship with brothers and sisters in Christ— are reflected in the comments of those who participated in Trinity 2008: “One gentleman that I served wanted to know how we made all this delicious chili. I told him God put it together using all our hands. He agreed that no one could duplicate that!” “I loved being able to make the sandwiches with my oldest daughter. It gives her a great opportunity to participate first-hand in giving back to others in need.”

God’s love can come in the form of a sandwich and a cup of warm chili


caring ministry

Homeless men enjoy the single pleasure of a summer cookout, provided by Mount Pisgah volunteers at the New Hope Mission

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“I met three new Mt. Pisgah friends on the Trinity Sandwich Day and saw one of them Sunday morning as I was leaving church. Great time to fellowship and get to know people you don’t already know.” D i s ast e r R e s p on s e Te a m The Mount Pisgah Disaster Response Team responded to the Palm Sunday weekend tornado that damaged parts of downtown Atlanta. Volunteers from Mount Pisgah responded to God’s call to serve by providing more than $14,000 to buy supplies and 1,300 hours repairing and restoring a house and a church in Cabbagetown. Here is what the pastor of that church told one of the volunteers about the help he has received from Mount Pisgah:

A tornado response team from Mount Pisgah paints the house of an uninsured homeowner in Cabbagetown

“The church pastor told a story about a young lady he found under a bridge overpass holding her two children. The children were malnourished and in bad shape.The pastor reached out to help them. As they cared for this lady and her kids they clothed them, loved them and fed them. As the children looked at the food set before them they said ‘is this ALL for us? Wow...we get to have ALL this?’ The pastor said that was how he has felt in recent days. He looked at the help God is providing through the Mount Pisgah family and he feels... ‘wow...is this for us? We get ALL this kind of help?’” We thank God for His abundant grace, mercy and love as He continues to call us into service to those in need in our community.

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Congregational Care Our Mission To show God’s goodness by being good to each other. This goal—to simply love each other well—is the basic groundwork of discipleship. It is a privilege to watch God extend grace and glory to His people through His people. [ 16 ]

Highlights of Congregational Care this Year L ov i n g M e a l s Loving Meals has delivered over 400 meals to both Mount Pisgah members and to hurting people in our community who don’t have a church home. The goal is to care for others during times of illness. Many write to tells us they have felt the love of Jesus through the volunteers who deliver meals—even when they don’t know the person who shows up at their door. And those who volunteer tell us how satisfying it is to deliver love in the form of a meal. This is a ministry that enriches both the giver and the receiver. P ray e r M i n i st r y Our Prayer Ministry continues to be a source of encouragement and support to many. Our Intercessory Prayer Team receives prayer requests daily and responds to them by interceding that same day. They often lift up people whose faces they will never see. They pray for situations where they may never know the outcome. Faith. Love. Confidentiality. The ingredients for effective intercession. Ms. Phyllis Fortune and her prayer team continue to lead our First Beginnings Prayer Ministry. They intercede for new babies every single day. We celebrated a Day Apart on October 24th. This semi-annual prayer event gives folks an opportunity to be with Jesus one-on-one.


caring ministry

S t e p h e n M i n i st r y Many people simply need to be heard. Our Stephen Ministry is a quiet ministry that shouts the language of God’s love by being present in the middle of others’ pain. Stephen Ministers are a close-knit family of disciples who are excellent listeners and care-givers. They adhere to a strict code of confidentiality as they dispense love and encouragement, often with few words. H e a l i n g I s a C ho i c e This year we began two Healing Is a Choice classes at Mount Pisgah and a third at Mary Hall Freedom Center, filling all three (10 – 12 maximum per class). We are an official Healing Is a Choice church. That means this ministr y reaches beyond the congregation of Mt. Pisgah. Some find our classes on the HIAC website. However they’ve found us, HIAC has proven to be a source of God’s grace in the lives of many hurting people. The choice of healing opens the door for The Healer to work. GriefShare We have had two GriefShare groups at Mt. Pisgah and a third at Mary Hall Freedom Center. No congregation or community can avoid the sting of death. Sooner or later, we are all impacted by this deepest of all pains. GriefShare is a ministry that intercepts those who are journeying through grief and loss. It addresses the feelings of frustration, anger, hurt, and loss that accompany death. S e rv i n g O u r C on g r e g at i on Some challenges don’t fall into a specific category. We continue to visit people in the hospital, to meet with them to talk about issues, to go to wherever the needs are. Serving our congregation in these places is a high calling and a privilege we don’t take lightly.

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Children’s Ministry Our Purpose Our purpose is to partner with parents in establishing a strong spiritual foundation for our children that they may develop a life-long relationship with Jesus Christ, our Lord and Savior. [ 19 ]

Our Mission Our mission is to lead children to love God, the Father, Jesus Christ His Son, and the Holy Spirit, to love His Holy Word, and to love His children. Alpha Missions Project: making flags for our troops in Iraq

We want to use the time we have with our children to wisely teach them scriptures, how to worship, and who they are as Christians. We want to help them develop a Biblical worldview from which to operate for the rest of their lives. We have much to celebrate with you.

Highlights People were bringing little children to Jesus to have him touch them, but the disciples rebuked them. When Jesus saw this, he was indignant. He said to them, “Let the little children come to me, and do not hinder them, for the kingdom of God belongs to such as these.” ~ Mark 10:13-14

 Our Family Advent and Lent calendars were used by hundreds of Mount Pisgah and community families and children to prepare for Christmas and Easter.  Mount Pisgah children generously collected and shared 397 pairs of shoes for Soles 4 Souls, a ministry serving children in need all over the world.  Hundreds of families grew forward through our new ‘Coffee and Cream with the Parenting Team’ workshops, including special events with Scream Free Parenting and an autism expert.  More than 1100 people shared in the Children’s Christmas Eve worship experience, our largest attendance ever.  Children in OMEGA missions learned to give by providing a Christmas gift for every child being served by Murphy Harpst Children’s Center, the only ministry in Georgia serving the most severely traumatized and abused children in our state.

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c h i l d r e n ’s m i n i s t r y

Olivia and Tori cheer on runners at the Water for the World 5k

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Hear, O Israel: The LORD our God, the LORD is one. Love the LORD your God with all your heart and

We are so excited about what next year holds for our children! We give thanks for all the children of Mount Pisgah and their families. Words from a Mount Pisgah family:

with all your soul and with all your strength. These commandments

“I usually have a lot of trouble getting either of my kids to tell me ANYTHING about what they did at school all day. But today, when I picked them up from VBS, both of them immediately had to tell me all about how the teachers washed their feet today. This was a very touching experience for both Cameron and Emily, and Emily told me that the experience made her feel ‘blessed.’ What a powerful way to demonstrate the love of Jesus to the children. I just wanted to let you know that this lesson really had an impact on my kids, and I’m sure on all the others as well. Thank you for a great first day of VBS and for a message that they will always remember.”

that I give you today are

~ Gretchen Barber, Mom of Cameron (11) and Emily (9)

on your hands and bind

to be upon your hearts. Impress them on your children. Talk about them when you sit at home and when you walk along the road, when you lie down and when you get up.Tie them as symbols

them on your foreheads. Write them on the doorframes

of

your

houses and on your gates. ~ Deuteronomy 6:4-9


Discipleship Our Mission To make disciples of Jesus Christ here, there, and everywhere. The Men’s and Women’s Ministries built strong relationships among our church members over the past year. These discipleship ministries continue to develop passionate disciples of Jesus through the influence of servant lay leaders who pour themselves into the lives of men and women.

Highlights  Dozens of lay leaders taught a wide range of over 60 Bible studies and small groups.  Approximately 1,000 adults participated in various discipleship ministries throughout the year.

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Global Missions Our Mission To lead the church to give, go, serve, and pray in obedience to Christ’s call to take the gospel to the ends of the world. As a result of this ministry, tens of thousands have grown as disciples of Christ. True disciple-making is a global endeavor. [ 22 ]

Highlights  Over the past year Mount Pisgah UMC sent well over 300 people on mission trips to make disciples around the world.  In Nigeria, we provided a water purification system that supplies clean water for the 500 seminary students at West Africa Theological Seminary, as well as for hundreds of people in their community each week.  In Kenya, we provided educational materials for 97 orphan children. These children were not only motherless and fatherless, they were homeless as well. Until recently, they lived on the streets.  Our four full-time abstinence-education teachers in St. Lucia led over 900 young people to Jesus over the past year.  We also sent our two family-focused mission teams of 50 people each to Costa Rica to share Jesus with hundreds of children through VBS activities.  Other short-term teams assisted Katrina victims in Mississippi as well as locally in Cabbagetown.  In remote areas of the Himalayas, tens of thousands continue to hear community health lessons that save lives and give credibility to the Gospel message that is also being communicated through the solarpowered digital audio player project.

Rural Nepali women insert a content chip into a solarpowered digital audio player so they can hear Bible stories in their own language


Hispanic Ministry Our Mission

“Do all the good you

To be part of the great commission by making disciples of Jesus Christ among the Hispanic Community.

can, by all the means you can, in all the ways you can, in all the places you can, at all the times you can, to all the people you can,

Our History

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We are a fairly new ministry at Mount Pisgah. We began with only eight members plus Pastor Juan Quintanilla, his wife Laura, and their two sons. Yes, we were few but we were in God’s hands. But the same Lord who multiplied a small boy’s fish and loaves multiplied our members this year from twelve to an average of 50.

as long as ever you can.” ~ John Wesley

Highlights:  This year we developed a new worship band led by Daniel Quintanilla. The quality of our worship has deepened and our services have been enriched immeasurably by praise.  Church growth is not just about people coming in to church. It is also about people going out to expand the kingdom. During this past year we developed strong lay leadership. Jorge Hennao, who was part of this leadership, later became a new pastor for Hispanic Ministry at Sandy Spring UMC. A word from Pastor Quintanilla: “I want to thank Mount Pisgah Team Ministry for all the support you have given us to develop this ministry.”

Hispanic youth gather at Mount Pisgah to share Jesus

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Stewardship Ministry Our Mission To equip and lead people to biblically sound stewardship of their resources of time, talent, wealth, wisdom, and influence, believing these to be God-given. To create a culture of generosity within the Mount Pisgah family. [ 24 ]

The vision for Mount Pisgah’s Stewardship Ministry is to establish and sustain an environment in which biblical stewardship is a personal way of life for Mount Pisgah’s staff and membership. We are then inspired and equipped with practical, biblical tools for conveying God’s plan for managing, multiplying, and sharing His resources, Here, There, and Everywhere. Mount Pisgah United Methodist Church corporately embodies and models the same biblical stewardship principles in every aspect of its business and ministry operations.

Strategies Glenn Davenport serves as the leader of the Stewardship Ministry and as a member of the Church Executive Council. Stewardship Captains lead various focus areas of the ministry, including prayer support, tracking and analysis, one-on-one budget counseling, and a major emphasis on financial management education. The commitment of the Stewardship Captains to the mission and ministry of Mount Pisgah UMC provides the foundation for this timely and important ministry during these days of economic uncertainty.  Approximately 1,150 people have taken one of the following Financial Bible Study Classes: Crown Managing Your Finances God’s Way Crown Saturday Seminar Dave Ramsey Financial Peace University 2nd – 5th Graders Intro to Financial Classes MPCS 10th grade classes Student Ministry


ste wardship ministry

 MPCS offered financial stewardship classes to 10th graders in the fall of 2008.  The children’s ministry and student ministry have incorporated financial stewardship material into their curriculum for the fall.  One-on-one budget counseling is offered to those struggling with debt.  Church leadership and members of the Stewardship Committee are currently working toward the development of a Mount Pisgah Foundation which will provide additional opportunities for long-term giving and estate planning.  Stewardship Captains are working closely with church leadership to develop a recommended financial-health curriculum that includes hearing what God has to say through Scripture about our finances, as well as practical steps to act on that knowledge.

Highlights  2008 – 2009 Year of Ministry – Day of Hope campaign exceeded money pledged from previous year.  The one-year celebration of Live the Vision saw over $3 million in funds used to reduce the mortgage, and significant donations to Murphy-Harpst, North Fulton Community Charities, global missions, and progress toward the building of a Student Ministry home on North Campus.  Crown and Dave Ramsey courses are reaching out to both church members and others from the community. This fall a Dave Ramsey course was offered to the Hispanic community.  Deeper understanding of scripture as it relates to being good stewards.  People have accepted Christ and become involved in ministries after taking the classes.  Numerous anecdotal career and lifestyle changes—including downsizing homes, selling cars, etc.— occurred due to stewardship teaching.

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ste wardship ministry

 People are tithing who have never tithed before.  Post-class testimonies of recommitment to God and spouses.  Deeper understanding of scripture as it relates to being good stewards.  People have accepted Christ and become involved in ministries after taking the classes.

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 Increased lay leadership: More leaders signed up to lead Crown studies than was actually needed for the classes offered, and new leaders have enrolled to audit Dave Ramsey in preparation for teaching future classes.  Four teams of lay people flew to Dallas,Texas with Jeanette Dickens to participate in four Leadership Network stewardship conferences. The two year commitment was completed in Spring, 2008.  Kingdom building: Stewardship ministry has resourced their materials and teaching to approximately 20 churches nationwide. Mount Pisgah’s stewardship strategic plan—developed by staff and lay persons—has been used as a model by other churches in developing their own stewardship programs.  The Promise Campaign has enjoyed the highest collection rate of any MPUMC capital campaign.


Student Ministries Our Mission

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To make disciples of Jesus Christ here, there, and everywhere. Our “here� begins with students. As Mount Pisgah Student Life Ministry draws young people into a disciple relationship with Christ, we want to grow students to become mature in their faith as they journey through life. Our ministry exists to REACH out with the gospel message, GROW each in their faith, and train them to SERVE others with their gifts and talents, in LOVE. Love God, love people!

Our Strategies In order for students to feel welcomed and engaged, we continually work to create a relevant environment for them every time they walk in our doors. We provide mid-week programming that allows each one to plug in at any level. Our youth are also given opportunities to serve in many ways, working through local service projects, in mission outreach state-side, and international mission projects as well. We are staff and volunteer led, and designed to give all an opportunity to build discipleship relationships within the community of faith.

Amanda Harrelson spent a week of her summer serving the children of a small village in Jamaica

REACH Highlights Mount Pisgah Student Life has met this past year head on; it has been a year of great challenge, and a year of great joys too numerous to mention. Reaching youth in our community for Christ is central to Elevation Worship, Middle School Main Event, and our annual Battle of the Bands.  This year has seen Elevation Worship moving to a new level, with youth active within our services from the worship band, to dramas led and performed by our students, to sharing their personal testimonies with their peers. Elevation will continue to develop as they become further involved in the leadership, planning, and facilitating of this vital segment of our ministry.  Main Event is becoming a wave of energy, a mid-week recharge for our middle school students and leaders. Joining our staff and ready to step out in a leadership role has been our high schoolers; they have become a key element in making Main Event the place to be on Wednesday nights. Youth from all different areas around our

Every Wednesday night middle school students converge at Mount Pisgah for Main Event! They have a great time playing games, singing songs, eating pizza and hearing a meaningful message


student ministries

community and all different spiritual walks gather for fellowship, fun, and a relevant faith lesson. From seeker to believer we see these young people are growing spiritually.

Mount Pisgah Student Life hosted its annual Battle of the Bands directed toward unchurched youth

 The ultimate in reaching out to teens for Mount Pisgah Student Life was this year’s Battle of the Bands. Battle of the Bands brings our community into our ministry and vise versa. It is our largest outreach event, and this year it brought in over 450 local high school students to hear seven area bands perform. It is amazing to see the spectrum of music, participants, and students from this community joining together for a great night of fun and talent. We can’t wait to see where the Lord takes this event next year.

GROW Highlights Once planted, a garden needs to be watered to grow.This year Student Life offered a cart-load of opportunities for the young to set root, be fed, and watered.  Our Sunday morning and evening line-up digs into becoming a disciple of Christ. From our middle school *930* gathering, to high school Power Hour, to Bible University featuring financial and apologetics studies, Sunday mornings allowed students to experience their faith in a deeper way. These are not your typical Sunday school programming options, and we see the students participating in these programs growing in number and continuing their growth spiritually.

Impact groups are grade and gender specific and meet on Sunday nights to have fun, share life, eat a meal and grow together in faith

 Here in Student Life, one of our larger “gardens” is Confirmation. Confirmation is an integral part of laying out a good plot for a growing garden. October kicked-off our Confirmation experience with 84 young people participating.This experience culminated with all participating in a weekend retreat at Camp Glisson in November. On November 11, we gathered at a Confirmation Celebration Service which acknowledged the youth joining the body of Christ. A family luncheon was held after, with hundreds gathering to celebrate this stepping stone in each student’s spiritual walk, and welcoming them as Mount Pisgah’s newest members. Green sprouts were emerging from the rich soil.  Deep feeding occurred on Sunday evenings,as our students plugged into IMPACT. IMPACT is where youth experience Christian community in a small group setting.The groups are divided by age and gender, and meet in various locations around our church and community. Each of our 21 groups is facilitated by an adult leader who walks through life

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student ministries

with them, helping them bring their faith to life. Good fruit grown in this segment of our ministry leads to a bountiful harvest, one where students own their faith as an individual and work in the community of their small group to support and encourage others. Leaders become mentors giving persons in their group confidence to pursue what the Lord has planned for them and discovering their individual passions.

[ 30 ]

 Many of our growth opportunities also occur through the retreats we offer our young people. This past year our high schoolers took to the waters of the Ocoee for their fall retreat, and in January they headed to North Carolina for Base Camp ’08. February brought Pioneer Plunge, and June was lessons on how we broadcast ourselves as disciples at BigStuf Camp. Our middle school population started their retreat season as mentioned above with Confirmation retreat in November. December brought ManFest and The Revolve Tour, each reflecting on what it means to be a young man or woman of Christ and how to mature in that role. Velocity in January, encouraged them to continue the race growing in Christ and abiding in Him.

Students learned to rely on the Lord while participating in Velocity ’08

SERVE Highlights When students serve in daily mission in the body of Christ, they can’t help but grow. Not only can students impact the kingdom by serving, they can impact their own character and maturity by sacrificially laying down their lives in service.  Our students served our local congregation in many ways this past year using their talents in the North Campus Orchestra, loving on little ones in the nursery, helping our wee ones in Alpha, or hanging out with the third through fifth grade in Omega. In August a small group of high school students jumped into serving our own here at Mount Pisgah by making possible our Hand In Hand Ministry. This ministry serves the needs of our special friends who need a little help, while learning about Christ. Student leaders facilitate this gathering by providing a lesson, a craft, music, and most of all friendship. For the first time, two of our special friends attended BigStuf Camp with our high school youth.  As much as they serve here, we also saw them branching out into our community throughout the year, serving as officers in their middle and high schools F.C.A.s, visiting the elderly in nursing homes, participating in fund raising for missions, and working in mission to our neighbors in inner city Atlanta. In July of ’07, our high

Hand in Hand students join the Student Life family on the beach for BigStuf ’08


student ministries

school pastor, Jamie Staley, and 15 high school students went to live and work for a week with Safe House Ministries for inner city Atlanta. Our team ministered to the homeless men, women, and children through feeding programs, worship services, and prayer. This group of students was transformed by their experiences, bringing their faith to life. Kevin Lawrence, a senior, is returning this summer for two months as an intern working with Safe House Ministries. This opportunity for our ministry remains a vital link to serve. Mount Pisgah’s middle school students are sorting clothes for a homeless shelter during their mission trip to inner city Atlanta over this past summer

 In July, we also saw a group of seven go international and travel to Estonia to facilitate and lead a youth camp for more than 200 Russian youth of various ages. At Camp Gideon, a former Communist indoctrination camp, now owned by the United Methodist Church of Estonia and located on the shores of the Baltic Sea, our students and leaders shared the joy of Jesus. Through this trip our students became aware of the church universal, and the Lord blessed our mission team as well as the youth we served in mission.  As students continued to serve, even though it had been three years since hurricane Katrina, New Orleans was still on our hearts here at Student Life. There were still those in New Orleans who were hurting. In April of ’08 we sent a team of 14 to serve the lost and the broken in that city. Love God…Love People became reality for that team as they watched God’s hand at work.

Making friends with inner city children

 June brought a busy season of mission to Student Life. Mount Pisgah Student Life and Mount Pisgah Christian School high school students combined efforts to share the love of Christ with Bensonton Methodist Church and School in Bensonton, Jamaica, through work projects and fellowship with our brothers and sisters there.  Our middle-schoolers returned for the second summer to the City of Refuge for Urban Encounter, where our team lived and served the homeless and needy children of Atlanta for five days. June was a month of seeing our faith in action. As the year draws to a close this fall, we are celebrating a bountiful harvest. Our bins are full of fruit. Our muscles are strong from the labor. We are satisfied, yet ready to plant again.The harvest not only produces fruit, it provides the seeds for the next planting season. Perhaps nowhere more than in Student Ministry are the revolving seasons of growth and change more evident. At Mount Pisgah, we’re ready to plow the field of student work again. We are committed to the work. He will water it. We are dreaming of next year’s crop. He is the Lord of the harvest. mount pisgah

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The Summit Counseling Center Our Mission To partner with God in restoring people to interdependent, abundant living. Our ministry lays a foundation for discipleship by providing counseling services to God’s people in need. [ 32 ]

Highlights  We conducted 4,074 individual, marriage and family counseling sessions! This was a 10% increase over 2006 – 07.  The Summit provided over $35,000 in Client Assistance Funds to underwrite the fees of clients who were unable to pay for the cost of counseling. The Summit also provided $70,000 of pro bono counseling services to clients who were unable to afford the full cost of counseling.  On Tuesday, August 21, 2008, The Summit Counseling Center received a $500 award from the Johns Creek Kiwanis Club in support of our ministry.  In August 2007, Kellie Gwaltney joined The Summit administrative staff as a receptionist. Kellie is a masters student at Psychological Studies Institute.  October 18 – 21, 2007, The Summit Counseling Center hosted its third WinShape Marriage Retreat. This marriage enrichment trip for couples was held at Chic-fil-A’s WinShape Retreat Center on the campus of Berry College in Rome, Georgia. Nineteen couples enjoyed the horseback riding, bonfires, massage therapy, and inspirational messages!  In October 2008, Summit Staff Therapist Neal Kuhlhorst, LMFT, began offering relationship seminars at The Summit. Neal created a new premarital seminar and published the seminar materials—a Leader’s Guide, Participant’s Guide and PowerPoint entitled Becoming One Flesh.This valuable resource is being made available for purchase in 2008. He also began offering a three-hour seminar for couples entitled Make Love Your Aim.


the summit counseling center

 In December 2007, Rev. Ewell Hardman, MAC, joined the clinical staff of the Summit Counseling Center as Director of Substance Abuse and Addiction Recovery Services. Rev. Hardman initiated a wide range of services in the spring of 2008, including: The Evening Recovery Program Men’s Spiritual Recovery Program The Family Recovery Program Substance Abuse and Addiction Assessment The Family Intervention Program The Substance Abuse and Recovery Monitoring Program  On Sunday, January 27th, 2008, Mount Pisgah’s Alcoholics Anonymous meetings moved to The Summit Counseling Center’s new facility. Meetings are now on Wednesday and Sunday evenings in the Community Room located on the lower level of the new facility.  In grateful thanks to committed donors who provided an initial $50,000, The Summit established an Endowment Fund to permanently support the ministry of The Summit Counseling Center.  In February 2008, The Summit completed the software conversion to “PsychAdvantage” by Compulink to significantly upgrade our practice management capacity.  On March 7, 2008, The Summit hosted its first ever Continuing Education Seminar for mental health professionals, followed by an additional seminar in May 2008.  On April 1st, 2008, The Summit became affiliated with the Samaritan Institute, based in Denver, Colorado (www. samaritaninstitute.org). Samaritan Institute is the largest network of faith-based counseling centers in the country, with centers in 35 states and Tokyo, Japan. The center will now undergo an accreditation process in 2009.  In May 2008, Summit staff therapist Leigh Anne Spraetz, LPC, helped 99% of the high school seniors in her Individualized College Counseling Program achieve acceptance to their 1st and/or 2nd choice of colleges!  In May 2008, Summit staff therapist Lenore Doster, PsyD, published her first book on parenting entitled Rock Solid Parenting.

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the summit counseling center

 In May 2008, The Summit Counseling Center was awarded a $4500 grant from the Samaritan Institute and the Lilly Endowment, Inc., to support the establish of a Clergy and Congregational Care Program at The Summit Counseling Center. The three year grant will include training and collaboration with other Clergy and Congregational Care providers through the Samaritan Institute.

[ 34 ]

 In June 2008, through our Individualized College Counseling Program, The Summit entered into a collaboration with Appelrouth Tutoring to provide on-site SAT Preparation and SAT Tutoring services.  On June 10, we celebrated the first anniversary of the new facility provided for The Summit Counseling Center and A Beacon of Hope Pregnancy Resource Center! This was a visual reminder of the completion of the Promise Before Us capital campaign and the generosity of Mount Pisgah members.  On Monday, June 23rd, 2008, The 2nd Annual Summit Golf Classic was held at the White Columns Country Club and boasted a field of 118 golfers! This event raised $19,300 to support The Summit Client Assistance Fund!  In June, 2008,The Summit welcomed new clinical staff member, Carleen Newsome, LAPC. Carleen has been the leader of The Summit’s Social Skills Programs, and now she will become the leader of The Family Recovery Program.  The Summit wishes to express its gratitude for the leadership of Summit Board President Mary Watson, who has completed serving a two year term. The Summit also welcomes our new Board President, Michael Thompson, who will serve a two year term through 2010.

The Summit Counseling Center


Executive Pastor Fred Erler

2007/2008 was a year of transition—focusing on the change in Senior Pastors and confronting the reality of a mixed financial picture—mixed because we celebrated the most successful capital [ 36 ]

giving campaign in Mount Pisgah’s almost 200year history. We call it “LIVE THE VISION,” and thanks to the generous giving of the Mount Pisgah family more than $12,500,000 was pledged.

The other side of that bright financial picture required us to confront the reality of a decrease in pledged and non-pledged giving. In April, we implemented a reduction in staff (11) and program expenses, resulting in an annual expense reduction of $840,000, or 26% of planned operating expenses.

A highlight for this year, financially, is the overwhelming commitment by staff and lay leadership to reduce debt. You can see in the financial reporting Mount Pisgah’s mortgage was reduced from $19,704,658 on June 30, 2007 to $17,281,581 on June 30, 2008, a difference of $2,423,077.


letter from executive pastor

We held a key lay/staff strategy session to consider “Blue Ocean Strategies” and we “tweaked” the existing ministry strategy plans to reflect new directions from our new Senior Pastor Steve Wood. [ 37 ]

In the area of communications, we hired a new Director of Communications, Mr. Don Felice. We made significant improvements the congregation had sought with respect to integrating the Bulletin with Announcements. Further, we improved our financial transparency reporting by including weekly financial information in the Bulletin.

We conducted two “town hall” meetings with the goal of increasing open communication and sharing.

It is my hope and prayer that you will take time to carefully read this annual report. Why? If you are wanting accountability, this report will help you understand the life changing, transformational results in making disciples of Jesus Christ—Loving God and Loving People— one human being and one ministry at a time!

Fred Erler Executive Pastor

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Financial Report Mount Pisgah United Methodist Church and Certain Related Entities Combined Statement of Financial Position (Modified Cash Basis) June 30, 2008

Assets

[ 38 ]

Current Assets Cash and cash equivalents Accounts receivable Other Due from related entity

$ 1,668,067 20,404 58,150 28,410

Total Current Assets

1,775,031

Land, Buildings and Equipment, at Cost (Notes 4, 5 and 6) Land Church building complex Furniture and equipment Vehicles Equipment held under capital leases

3,392,048 30,484,071 4,004,942 358,473 173,575 38,413,109 10,212,879 28,200,230

Less accumulated depreciation and amortization Loan Costs, Net of Accumulated Amortization of $3,729 in 2008 and 2007,respectively

46,613 $ 30,200,230

Liabilities and Net Assets Current Liabilities Accounts payable Accrued liabilities Agency funds Capital lease obligations, current portion Current portion of long-term debt (Note 5) Total Current Liabilities Borrowings Under Line of Credit (Note 5)

$

321,323 21,185 154,861 18,955 636,759 1,153,083 816,858

Capital Lease Obligations, Net of Current Portion

-

Long-Term Debt, Net of Current Portion (Note 5)

16,647,316

Net Assets Unrestricted Temporarily restricted (Note 8) Permanently restricted (Note 8)

7,783,179 3,548,250 73,188 11,404,617 $ 30,021,874

The accompanying notes are an integral part of these financial statements.


financial report

Mount Pisgah United Methodist Church and Certain Related Entities Combined Statement of Activities and Net assets (Modified Cash Basis) Year Ended June 30, 2008 Temporarily Permanently Unrestricted Restricted Restricted

Total

Revenues and Other Support Tithes and offerings $ 5,582,598 $ - $ Church capital campaign fund 4,958,901 Designated giving for debt reduction 236,350 The Summit Counseling Center 487,843 81,203 A Beacon of Hope Women’s Center 420,421 Other revenues and contributions 442,7430 639,978 Net assets released from restrictions (Note 9) 4,363,188 (4,363,188) Total Revenues and Other Support

- $ 5,582,598 4,958,901 236,350 50,320 619,366 22,868 443,289 1,082,721 -

-

11,296,793

1,553,244

73,188

12,923,225

3,746,272 1,344,646 397,201 782,019 1,125,815 666,668 1,224,579 1,124,122 (523,774)

-

-

3,746,272 1,344,646 397,201 782,019 1,125,815 666,668 1,224,579 1,124,122 (523,774)

9,887,548

-

-

9,887,548

Increase in Net Assets

1,409,245

1,553,244

73,188

3,035,677

Net Assets at Beginning of Year

6,467,575

1,995,006

-

8,462,581

-

-

-

-

(93,641)

-

-

(93,641)

Expenses Compensation and benefits Program Apportionments Designated expenditures Buildings and grounds General and administrative Depreciation and amortization Interest Internal allocations (Note 7) Total Expenses

Transfer of Net Assets from Other Entities Elimination of Pastor Radio (Note 1) Net Assets at End of Year

$ 7,783,179 $ 3,548,259 $

73,188 $ 11,404,617

The accompanying notes are an integral part of these financial statements.

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financial report

Mount Pisgah United Methodist Church and Certain Related Entities Combined Statement of Activities and Net assets (Modified Cash Basis) Year Ended June 30, 2008

Cash Flows from Operating Activities

[ 40 ]

Cash received from tithes and offerings Cash received from capital campaign for missions Other revenues and contributions Cash paid to suppliers and employees Interest paid Net Cash Provided by Operating Activities

$ 5,582,598 1,010,186 2,261,885 (7,639,670) (1,124,122) 90,877

Cash Flows from Investing Activities Purchases of land, buildings and equipment Student Building Beacon Building Other buildings and equipment Net Cash Required by Investing Activities

(179,520) (226,750) (246,365) (652,635)

Cash Flows from Financing Activities Net borrowings on revolving line of credit Principal payments on capital lease obligations Principal payments on long-term debt Contributions restricted for capital improvements and debt service Net Cash Provided by Financing Activities Net Increase in Cash and Cash Equivalents

401,233 (34,715) (2,479,981) 4,185,065 2,071,602 1,509,844

Cash and Cash Equivalents at Beginning of Year

198,903

Elimination of Pastor Radio (Note 1)

(40,680)

Cash and Cash Equivalents at End of Year

$ 1,668,067


financial report

Reconciliation of Increase in Net Assets to Net Cash Required by Operating Activities Increase in Net Assets

$ 3,035,677

Adjustments to Reconcile Increase in Net Assets to Net Cash Required by Operating Activities Contributions restricted for capital improvements and debt service Depreciation and amortization (Increase) decrease in accounts receivable Increase in due from related entity Decrease in other current assets Decrease in accounts payable Decrease in accrued liabilities Increase in agency funds Total adjustments

(4,185,065) 1,224,579 116,509 (9,625) 10,723 (56,621) (64,354) 19,054 (2,944,800)

Net Cash Required by Operating Activities

$

90,877

The accompanying notes are an integral part of these financial statements.

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financial report

Note 1: Organizational Matters and Basis of Presentation

[ 42 ]

Mount Pisgah United Methodist Church (the Church) is a not-for-profit Georgia corporation. The Church, as a church organization, is exempt from federal and state income taxes under Internal Revenue Code Section 501(c)(3). During the year ended June 30, 2008, the Church operated a school, a counseling center, a women’s center and an early childhood learning center in addition to its other activities. During the year ended June 30, 2005 the Church created Pastor Radio, Inc. (PR), for the purpose of helping people experience the transforming love of Christ and to become fully devoted followers of Him through a live radio ministry. Because the members of the Church’s board controlled the activities of PR, the financial results of this entity had been consolidated with the Church’s for the year ended June 30, 2007 and prior. Effective July 1, 2007, PR was no longer a controlled entity. Accordingly, PR assets and liabilities are not included in the consolidated financial statements of the Church as of June 30, 2008. Also, during the year ended June 30, 2005 the Church created New Hope Mission, Inc. (NH), a new entity for the purpose of serving the homeless in the Atlanta area and helping them experience a relationship with Jesus Christ. This ministry provides religious worship, hot meals, showers and some transitional assistance for the homeless. Because the members of the Church’s board control the activities of NH, the financial results of this entity are consolidated with the Church’s for the year ended June 30, 2008. Effective July 1, 2006, the Church transferred control of the activities of First Steps Academy, Inc. (FSA) to the member’s of the Mount Pisgah Christian School’s (the School) board and the Church forgave the outstanding intercompany receivable balance of $259,688. The financial results of FSA have been consolidated with the School’s for the year ended June 30, 2007. The consolidated financial statements of the School are not included herein. For the year ended June 30, 2008 all intercompany balances and transactions have been eliminated in the combined financial statements and consist of the following not-for-profit Georgia corporations:  The Summit Counseling Center, Inc.  A Beacon of Hope Women’s Center, Inc.  New Hope Mission, Inc. (Consolidated with the Church) The Church has obtained not-for-profit tax exempt status under Section 501(c)(3) from the Internal Revenue Service for these separate entities.


financial report

Note 2: Summary of Significant Accounting Policies The accompanying combined financial statements are presented on the modified cash basis of accounting as described herein, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America. The Church debt agreement contained interest rate swap and cap agreements. Under SFAS 133, the fair value of derivatives are required to be included in the statement of activities, however; the combined financial statements are presented under the modified cash basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America. Accordingly, the Church does not record the fair value of derivatives in the combined financial statements. Pledges are not recognized in the combined financial statements until the cash or other assets are received (See Note 3). The Church records contributions received as unrestricted, temporarily restricted or permanently restricted net assets, depending on the existence and/or nature of any donor restrictions. Counseling center fees are due after services are performed and revenue is recognized when the fees are received. Counseling center fees earned, but uncollected at June 30, 2008 were not significant. Accounts payable, salaries, benefits and tax accruals are recorded on the accrual basis. The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of asset and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates The Church reports contributions of cash and other assets as restricted support if they are received with donor stipulations that limit the use of the donated assets for a future accounting period or for a special purpose. When a donor restriction expires, that is, when a stipulated time restriction ends or purpose of restriction is accomplished, temporarily restricted net assets are reclassified to unrestricted net assets and reported in the combined statement of activities and net assets as net assets released from restrictions. When temporarily restricted contributions are received, and the restrictions met in the same accounting period, they are reported as temporarily restricted support and net assets released from restrictions. Permanently restricted net assets are those gifts that the donor has limited in perpetuity. The Church reports gifts of land, buildings and equipment, or the right to use those assets at estimated fair value as unrestricted support unless explicit donor stipulations specify how the donated assets must be used. Gifts of long-lived assets with explicit restrictions specify how the assets are to be used and gifts of cash or other assets that must be used to acquire long-lived assets are reported as restricted support.

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financial report

The Church reports contributions of services that require specialized skills as revenue when the services have been rendered. There were no significant contributions of specialized services in the year ended June 30, 2008. Program expenses are direct expenses of ministry, counseling, and women’s center. Apportionment expenses are the Church’s share of conference expenses. Depreciation of building and equipment is recorded as described in Note 4.

[ 44 ]

Cash and cash equivalents include cash and highly liquid investments that are readily convertible into cash and have a maturity of ninety days or less from the date of purchase. At times, cash and cash equivalent balances exceed federally insured amounts. The Church believes it reduces risks associated with the balances in excess of federally insured limits by depositing cash and investing in cash equivalents with major financial institutions with sound financial standing. As a result of recent liquidity issues experienced in the global credit and capital markets, it is at least reasonable possible that changes in risks in the near term could occur which in turn could materially affect the amounts reported in the accompanying combined financial statements.

Note 3: Pledges Outstanding The Church conducts an annual campaign for pledges to be paid from July to June. Pledges are recognized as tithes and offerings at the time they are collected. The outstanding operating fund pledges from the annual pledge campaign were substantially all collected at June 30, 2008. Pledges paid before the fiscal year begins are recorded as temporarily restricted. During 2004 the Church initiated a new capital campaign with contributions designated primarily for debt service on the new Church facilities, support of student ministries and global missions and the Beacon of Hope. Building campaign fund revenues are recognized at the time contributions are received. Substantially all remaining outstanding building campaign pledges were collected during 2008 and the Church does not expect to collect additional pledges for this campaign. During 2008, the Church initiated a new capital campaign, Live the Vision, with contributions designated primarily for debt service, construction of a student building, support of global missions and compassion ministries. Live the Vision campaign fund revenues are recognized at the time contributions are received. Outstanding Live the Vision campaign pledges are estimated to be approximately $6,000,000 at June 30, 2008, and are scheduled to be collected over a period of three years.

Note 4: Land, Buildings and Equipment Acquisitions of land, buildings and equipment in excess of $1,500 are capitalized, except for leasehold improvements which must exceed $10,000.The land and building additions prior to 1991 are recorded based on an appraisal of the fair market values in 1992. Land and building additions acquired subsequent to 1991 are recorded at cost and include interest on funds borrowed to


financial report

finance construction of the new facilities. The furniture and equipment purchased prior to 1991 are not valued in the combined financial statements. Subsequent purchases of furniture and equipment are recorded at cost. The building complex, furniture and equipment and vehicles are depreciated using the straight-line method over the estimated useful life of the asset: forty years for buildings, seven years for furniture and equipment, five years for vehicles and three years for computers. No depreciation was provided prior to 1991 when the provisions of Financial Accounting Standards No. 93 were adopted. Depreciation and amortization was $1,224,904 for the year ended June 30, 2007, respectively. [ 45 ]

Note 5: Financing Agreements During 2004 the Church refinanced $25,000,000 of borrowings under its line of credit and construction loan into a term note based on fixed monthly payments of principal and interest at LIBOR plus 2%, sufficient to repay the debt upon a 20 year mortgage-style amortization schedule. All remaining principal and interest will be due at maturity. Maturity is defined as being 20 years from the date of refinance with a 5 year call from the financial institution which must provide a 90-day notice if the loan is not to be renewed. The remaining available loan balance of $2,000,000 was converted into a revolving line of credit with interest at LIBOR plus 2%. During 2006, the agreement was amended to having interest payable at prime and extended to February 2007. During 2007, outstanding borrowings under the line of credit and term note under the Church’s debt agreements in effect at June 30, 2006 were refinanced with the proceeds from a $23,700,000 financing arrangement with a new bank. At June 30, 2008, the Church has a $23,700,000 financing arrangement that consists of two term notes and a line of credit.The first note, with an original principal balance of $10,500,000, is payable in monthly principal installments of $21,875 plus interest at LIBOR plus 1% (an effective rate of 3.38% at June 30, 2008) until September 2009, at which time all unpaid principal and interest will be due in full. The second note with an original principal balance of $10,200,000, is payable in 120 monthly installments of approximately $75,000 including principal and interest at a fixed 6.27%, until November 2016, at which time all unpaid principal and interest will be due in full. The line of credit has maximum available borrowings of $3,000,000 with interest at LIBOR plus 1%. The line is payable as to interest only until October 2009, at which time, all outstanding principal and interest is due in full. The outstanding borrowings under the line of credit at June 30, 2008 were $816,858.The financing agreement contains certain restrictive covenants with which the Church was in compliance at June 30, 2008. The outstanding borrowing arrangements described above for the Church are secured by certain property and equipment.

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financial report

Long-term debt at June 30, 2008 consists of the following: Church term loans payable to a financial institution Church Line of credit payable to a financial institution Other Less: revolving line of credit Less: current portion Long-term debt [ 46 ]

$ 17,281,581 816,858 2,494 18,100,933 (816,858) (636,759) $ 16,647,316

Principal maturities of long-term debt for years ending June 30 are as follows: 2009 2010 2011 2012 2013 Thereafter

$

636,759 8,318,667 332,096 353,527 376,342 8,083,542 $ 18,100,933

Note 6: Related Party Debt Guarantee The Church guarantees a letter of credit for bonds issued to the Mount Pisgah Christian School (the School) in an amount not to exceed 11,000,000. On October 6, 2008, the Development Authority of Fulton Count, the bond holder, delivered notice of their option to tender the bonds as is provided for in the agreement. The trustee paid the Development Authority $13,098,438, the entire purchase price for the Bonds, including outstanding interest, from the financial institutions letter of credit with the School. The financial institution has agreed to hold the debt for the remaining 39 months under the agreement until March, 2011 at the same principal payments, but at the effective annual interest rate of prime plus 1%.

Note 7: Related Party Transactions The Church participates in a leveraged space and operating expense model with other related entities. During 2008, one of the related entities, the School, began paying some of the operating expenses directly that had previously been paid by the Church and allocated to the School under the expense model. Accordingly, the Church’s income allocation and receipt of contributions was reduced. The School’s contribution to the associated operating expenses was $523,774 during the year ended June 30, 2008.


financial report

Note 8: Restricted Net Assets Temporarily restricted net assets at June 30, 2007 are available for the following purposes: Capital fund expenditures Other designated funds

$ 3,158,022 390,228 $ 3,548,250

Permanently restricted net assets at June 30, 2006 consist of foundation funds for the Beacon of Hope and Summit Counseling Center as follows: Beacon of Hope Summit Counseling Center

$ $

22,868 50,320 73,188

Note 9: Net Assets Released from Restrictions Net assets released from restrictions for the years ended June 30, 2008 are as follows: Designated expenditures Capital fund expenditures and debt service

$

707,980 3,655,208 $ 4,363,188

Note 10: Employee Benefit Plans The Church and its related entities provide a discretionary retirement program to its employees by utilization of an Internal Revenue Code Section 403(b) plan.The Church and its related entities match the employees’ contributions to a maximum of 4% of gross wages. Employees become eligible for this program after one year of employment and with a minimum of 1,000 hours of service. The Church contributed and expensed $95,967 to this program for the year ended June 30, 2008.

mount pisgah

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2007 ~ 2008 annual report

[ 47 ]


financial report

I N D EP EN D EN T AU D I TO R S ’ REP O RT Fi na n c e C om m i t t e e M o u n t P i s g a h U n i t e d M e t hod i st C h u r c h

[ 48 ]

We have audited the accompanying combined statement of financial position (modified cash basis) of Mount Pisgah United Methodist Church and Certain Related Entities as of June 30, 2008 and the related combined statements of activities and net assets (modified cash basis) and cash flows (modified cash basis) for the year ended.These combined financial statements are the responsibility of the management of Mount Pisgah United Methodist Church and Certain Related Entities. Our responsibility is to express an opinion on these combined financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America.Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the combined financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the combined financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall combined financial statement presentation. We believe that our audit provide a reasonable basis for our opinion. In our opinion, the combined financial statements referred to above present fairly, in all material respects, the combined financial position of Mount Pisgah United Methodist Church and Certain Related Entities as of June 30, 2008, and the changes in its combined net assets and combined cash flows for the year ended in conformity with the modified cash basis of accounting, as described in Note 2 to the combined financial statements.

September 24, 2008, except for Note 6, as to which the date is November 11, 2008


Making Disciples of Jesus Christ here, there and everywhere.


9820 Nesbit Ferry Road Johns Creek, Georgia 30022 678.336.3000 www.mountpisgah.org

Mount Pisgah Annual Report 2007-2008  

Mount Pisgah Annual Report 2007-2008

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