Mount Pisgah Annual Report 2011-2012 by Mount Pisgah UMC

Our

Path Annual Report 2011-2012

MP Annual Report10-2012.indd 2

2/11/13 11:13 AM

9820 Nesbit Ferry Road | Johns Creek, GA 30022 678-336-3000 | mountpisgah.org 9820 Nesbit Ferry Road | Johns Creek, GA 30022 678-336-3000 | www.mountpisgah.org

MP Annual Report10-2012.indd 7

2/11/13 11:14 AM

Contents Introduction.......................................................................................4 A Message from Pastor Steve............................................................7 FamilyLife..........................................................................................8 Children Students College Adult Global Missions...............................................................................16 Local Outreach.................................................................................18 Generous Living...............................................................................20 Connect Ministry.............................................................................22 Caring Ministry................................................................................24 Music and Worship.........................................................................26 Hispanic Ministry............................................................................28 Ministry Partners A Beacon of Hope..........................................................................30 The Summit Counseling Center....................................................32 Executive Pastorâ&#x20AC;&#x2122;s Message.............................................................34 Auditorâ&#x20AC;&#x2122;s Report..............................................................................35

MP Annual Report10-2012.indd 3

2/11/13 11:14 AM

Introduction A New Vision and a Brighter Light to God’s Path

about your impressions of Mount Pisgah. In those comments, positive statements outnumbered negative by a margin of 15:1. But above all, and most clearly reflected in the survey data, is your passion for Christ, Mount Pisgah, and our mission to see people come to Christ. We’re grateful for all of you who shared with us your thoughts and insights about Mount Pisgah, our work, and the path God calls us to as a church and community in faith. This vital input has led to a number of new initiatives that seek to build on your feedback.

We begin the 2012-13 year with gratitude for the blessings we’ve enjoyed as a congregation as we endeavor to walk God’s path together. Of particular note are the results of the congregational survey conducted in spring of 2012 and the initiatives that have grown out of it.

We started by creating three task forces that were charged with perusing the survey data and formulating recommendations:

1. Mission, Values, and Vision This team, comprised of a broad cross-section of Mount Pisgah staff and lay leaders, was charged with reviewing our fundamental calling, our governing principles, and our future direction as a church.

Our desire and prayer in conducting the survey was to get a constructive and candid assessment of the “pulse” of the church from as broad a cross-section of the congregation as possible. Our prayers were answered. What we’ve learned from the survey is sparking some exciting changes as we carefully consider the feedback and how we can allow it to guide our church. More than 900 members took the time to share their observations and ideas. We received nearly 400 pages of thoughtful responses to an open-ended question

MP Annual Report10-2012.indd 4

2/11/13 11:14 AM

Their resulting document, the Mount Pisgah Roadmap, builds on God’s greatest commandment to ”Love God and Love People,” and our mission to make disciples of Jesus Christ, here, there and everywhere. The Roadmap distills those into a new vision for Mount Pisgah, that of a vital church, transforming lives and growing God’s Kingdom. Out of this mission and vision grow our values and discipleship approach, the day-in and day-out actions that fulfill our higher aspirations as a church. Mount Pisgah is about much more than what happens on Sundays. We are about both gathering and sending disciples who are equipped and motivated to love and serve, wherever we live, work or play. Staying true to His commandments, His will, and the mission He has given us, we will be a growing and passionate church body, His hands and feet for a broken world. It is this commitment that is the foundation of the work of the other two task forces.

Significant strides have been made in mapping out a two-year plan for sermon series. This affords us a longer runway to plan for excellence and deliver on inspiring and applicable worship experiences. And we are making enhancements to the Sunday morning bulletin, where you will see a more extended picture of the worship series we will be considering together. Some of these improvements will be immediately obvious, such as a broader sharing of preaching responsibilities across our pastoral team. Others may be more subtle, such as the use of personal testimonies or a reduction in the number of announcements during the worship service. Through all of this, our main goal is to exemplify our values through the ways we worship: to experience together the glory of Jesus and His Gospel; to find a welcoming home; to engage as growing disciples in God’s Word; and, to experience worship as an energizing motivation for love and service to one another and our neighbors as we face the week ahead.

3. Membership Development 2. Worship This task force focused on all of the elements of our worship experience, including music, preaching content and style, service frequency and timing, common xersus customized services, etc. Based on this group’s recommendations, we are pursuing new and focused initiatives to enhance long-term worship planning, as well as improvements to our regular Sunday morning service.

Growth – in our numbers, in our health as a church, in the ways we love our neighbors, in our passion for Jesus – has been an exciting theme of many discussions regarding the survey results. Our new vision of a vital church, transforming lives and growing God’s kingdom is one way we’re building this idea, and passion, into our future direction as a church. This team has the broadest scope, including how we integrate our current members more actively into the life of the church; how

MP Annual Report10-2012.indd 5

2/11/13 11:14 AM

we attract new members, especially those who would represent the diverse community around us, and who are new to a church experience; and the development of Mount Pisgah’s future leaders. Allowing God to Shine a Brighter Light on Our Path In October of 2012, Senior Pastor Steve Wood shared with the church the Our Path Commitment initiative and encouraged each person to make their own personal commitment to God and our community of faith. This was wonderful opportunity for all to strengthen their personal relationship with God through Christ is a natural outgrowth of the work of the Mission, Values, and Vision task force. Challenged to pray and think carefully about what “Love God, love people” really means, leads us to carefully follow the Five Keys of Discipleship that are such a vital part of the Our Path commitment initiative. In our daily efforts to seek and follow God’s path, being part of a community in Christ is of magnificent benefit. As a church, it is our prayer that this commitment initiative broadens that benefit and extends it further into our community, and our world. At Mount Pisgah, we are a unique body of Christ for this time and in this place with our own unique path that God has planned just for us. It is a path for His glory and our benefit that He ordained for us with a direction and a destination planned before the foundation of the world. Any bumps and stones in our path only serve to give us footing to take the next step upward to the summit He has for us to reach.

As we journey down our path, His Word is our compass. We trust Him with every word, every step, and every counsel for He will never steer us wrong. Thy word is a lamp unto my feet, and a light unto my path (Psalm 119:105). God has an individual path for each of us, and He has prepared a path for us together - Our Path. It’s a path totally sold out for Him. It’s a path to know Him as our Source of strength and hope. It’s a path and a call to commitment. We stand at the door of a new opportunity at Mount Pisgah, ready to take our first steps on Our Path with God, as we move forward as a church family with a renewed mission and vision. Following Jesus is more valuable than anything in this world. God’s call to travel the journey He has put before us challenges us to be even better than we are and conforms us to the likeness of His Son.

Jesus replied: ‘Love the

Love God – Love People. In the meantime, tryyour it God for with all Lord your heart and with all yourself: do something for someone else today and see ifwith all your soul and your mind.’ This is your burden is not lightened. the first and greatest commandment. And the second is like it: ‘Love your neighbor as yourself.’ All the Law and the Prophets hang on these two commandments.’

Matthew 22:37-40

MP Annual Report10-2012.indd 6

2/11/13 11:14 AM

A Message from Pastor Steve God’s Path Is Our Path as We Journey Ahead Isaiah 30:21 has continuously inspired me and reminded me of God’s love, provision and direction. Whether you turn to the right or to the left, your ears will hear a voice behind you, saying, “This is the way; walk in it.” (NIV)

This annual report is a testimony to God’s faithfulness for over 181 years. As the people of God at Mount Pisgah have made God’s path their path, He continues to work in miraculous ways in and through His people. Despite continuing external factors that bring fear and anxiety throughout our world, the peace of Christ that passes all understanding is celebrated by the Mount Pisgah family as we stay diligent and obedient to our mission of making disciples of Jesus Christ here, there, and everywhere. The following report brings light and life and great clarity to this continued move of God. The journey is ripe with opportunity for us and all we are called to love. As a church, we travel this path together. And so we have a place to call home, a partner for spiritual growth, and a platform that launches us to serve, as we live as a community of people putting God first and focusing on the good news of Jesus Christ.

Let me thank you for remaining faithful and for believing that Christ can do all things through us as He gives us strength and wisdom. Thank you for persevering through the difficult decisions that we are making for change, to really put feet to our faith in Christ, and to move toward being the Body of Christ together in a new iteration. The days and years ahead look very promising and are laden with potential for bearing much fruit! May God be praised for this enormously powerful year of ministry and for His invitation to be partners and heirs in His great Kingdom. May we continue our work to transform lives by helping thousands of people near and far to experience help, hope, and a place to call home.

Pastor Steve

I urge you to continue by God’s grace to come alongside people near and far, so that together with Christ we may make our journey as disciples who are intent on making more disciples of Jesus, growing God’s Kingdom here on earth.

MP Annual Report10-2012.indd 7

2/11/13 11:15 AM

Parent Edition

PARENT EDITION

Overview

Overview Family is one of God’s most important gifts. Our supreme purpose and responsibility is to model and guide our families into a deep, relevant and growing relationship with Christ. Mount Pisgah continues the commitment made last year to families with the infusing of discipleship into the life of the family. Through multi-generational discipleship, we have begun to distinguish the value in providing spiritual direction in an individual’s spiritual journey as well as in the life of their family. FamilyLife Ministry encompasses Nursery, Children’s, Student Life, The Well—College-Aged ministries, Young Adult Outreach, Men’s and Women’s ministries, and Emmaus, as well as its three main pillars; DiscipleLife, Total Marriage, and Parent Edition ministries.

MP Annual Report10-2012.indd 8

2/11/13 11:15 AM

The Nursery Ministry

On a weekly basis, the Mount Pisgah Nursery provides numerous sessions to support groups such as Discipleship, Women’s Ministry, Adult Choir, and Celebrate Recovery. Our Nursery Ministry is a fun, safe, and loving environment for children birth through fifth grade.

The Nest: Birth – Two-Year-Olds

Sunday Worship Every Sunday morning, the Nursery provides loving and safe care for babies through two-year-olds. We have devoted staff who partner with many dedicated and safety-screened volunteers. Many times we have entire families who come and serve together in the Nursery. This is where we begin teaching the basic truth: God Made Me. We also begin our partnership with parents by sending home monthly materials to continue to engage the children in bible stories and life lessons at home.

Baby Bible: Two-Year-Olds

Baby Bible is taught by staff and a committed volunteer team. Little ones learn about the basic truth, God Loves Me through interactive worship and a lesson time dedicated just for 2-year-olds.

Wee Grow at 11:00 is a classroom hour taught by staff and volunteers. We work together to create fun classroom time, full of learning and discovery based on the same lesson from the Wee Worship hour. During Wee Grow, kids enjoy activities such as making lion faces with crackers, raisins, and cheese and searching for sea creatures hidden in a ‘sea’ of blue and green rice. We want each and every child to know our basic truth in Wee Worship/Wee Grow: Jesus wants to be my friend forever!

Children’s Ministry

Children’s Ministry continues to see significant growth and impact on the Johns Creek community. In March, we held our third annual S.C.R.E.A.M. retreat at Sharp Top Cove (Students Celebrating and Rejoicing Enthusiastically in the Almighty Messiah), with a record number of 165 in attendance. This retreat is designed just for our third through fifth graders. Both leaders and kids are impacted by this spiritual retreat every year and this year, 39 kids accepted Christ for the first time.

Wee Worship/Wee Grow: Age Three – Pre-K

This Sunday morning program runs for two hours and children begin to learn the basic truth: Jesus wants to be my friend forever!

Wee Worship at 9:30 is an exciting worship taught by staff and volunteer worship leaders. It all begins with music, storytelling, puppets, and video. We learn all about Jesus, David, Daniel, Creation, and much more.

MP Annual Report10-2012.indd 9

Lost in the Scriptures is a program for third graders that was added to our Wednesday night program. The program is for kids who received their Bibles. Over 45 kids attended this five-week bible study where each learned how to use their new Bible. 9

2/11/13 11:15 AM

Parent Edition

PARENT EDITION

S.C.R.E.A.M. Retreat Wednesday Night Live continues to grow and now averages 85 kids every Wednesday night. This program is designed as an outreach program where kids in kindergarten through fifth grade are encouraged to invite their friends. Many who attend this mid-week program do not attend Mount Pisgah and it has been a great entry point for new families. Vacation Bible School was another huge success. With the addition of programs for preschoolers, kindergarten through fourth graders, and fifth and sixth graders, the growth of VBS has exploded. We were at capacity this year with 750 in attendance. Over 85 kids accepted Christ as their personal savior at VBS this summer. In addition, we again offered a Family Fun Night to the community this past year and over 750 people attended.

Vacation Bible School

We continue to strive to make Children’s Ministry one that partners with parents and the community to build strong families that grow in their faith by giving the parents tools to use in their home. Each year, the kids are taught three basic truths: 1. I need to make the wise choice. 2. I can trust God no matter what. 3. I should treat others the way I want to be treated.

MP Annual Report10-2012.indd 10

Broadcast - Children’s Worship 2/11/13 11:15 AM

Velocity

Student Life

Student Life strives to follow the greatest commandment to love God and love people. In order to accomplish this, we help our students understand and adopt the Five Keys of Discipleship. In other words, we want them to have a personal relationship with Christ, be a part of a small group, serve others, live a life of stewardship, and share their faith with others. Each program we do has the purpose of fulfilling one of these keys.

This winter we held the first-annual Movement Conference where 39 Student Life high school students were joined by another small church in the area. Seventy-six middle school students joined us for our spring retreat, which grew from 59 students the previous year. We had 23 middle school students serve in Chattanooga for our annual mission trip and 17 high school students served in multiple cities on our Mission Road Trip.

In the past year, we had 45 high school students attend our service-oriented event, GLOW. Sixty-nine middle school students attended our fall retreat, which grew from 44 students the previous year. We had 63 students go through confirmation and all 63 were subsequently confirmed into the church. Within Confirmation, 11 students were baptized for the first time and 27 made the decision to remember their baptisms. Our annual Basecamp Ski Retreat had 26 high school students in attendance. An overwhelming 79 middle school students stayed up all night for the Lock-In.

Basecamp Ski Retreat

MP Annual Report10-2012.indd 11

MIssion Road Trip

2/11/13 11:15 AM

Parent Edition

PARENT EDITION Students got the chance to

pie the staff at Main Event.

College Life

This year, dozens of college students found their home at The Well. They met for worship, teaching, and breakout groups on Tuesday nights in The Underground. During the school year, our college students are launched into ministry at their campus. They are involved in all sorts of campus ministries â&#x20AC;&#x201C; The Wesley Foundation, Campus Outreach, Christian Campus Fellowship, CRU, The Navigators, and College Life are just a few.

The weekly Main Event for middle school students started out with an average of 25 students and grew to an average of 40. Through all of the programs and trips, we have seen our students grow in their faith, invite others to church, and serve others in amazing ways. The students continually exceed our expectations for what they can accomplish in the name of Christ, and we are proud to be able to serve them so that they in turn may grow and serve others.

Student Worship

MP Annual Report10-2012.indd 12

2/11/13 11:15 AM

DiscipleLife continues its development of a directional path for maturing believers. Mount Pisgah’s desire is to encourage disciples to maturity by becoming disciple makers focusing on multiplication—growing the Kingdom. The Five Keys of Discipleship continued to be the approach to this process with its foundation lying in the mission of the church, Making Disciples of Jesus Christ - Here, There and Everywhere. Sunday Morning Bible Fellowships and Weekly Bible Studies have become key entry points for new visitors to begin to engage in the DiscipleLife process, as well as a place of encouragement for growth and maturity as a disciple. Sunday Morning Bible Fellowships numbered 16 in total with 623 attendees. Added into the mix was our new young adult outreach Bible Fellowship— Upside Down Kingdom lead by Pastor Trey Arnette. Weekly Adult Bible Studies saw over 300 in attendance, with Women’s and Men’s studies remaining solid. A first-year offering of an online Bible study reached over 100 participants in its inaugural year. Our Covenant Group community, where missional living resides at the core, continued to grow in number with 13 groups, 11 utilizing The Journey curriculum and two groups utilizing Training of the Twelve curriculum. These groups hosted 123 men and women in gender specific groups each week. The Emmaus Community sponsored 24 pilgrims to attend the spiritual retreat, and 62 servant leaders committed their time to serving on a weekend retreat team. In February, FamilyLife hosted a trip to the Holy Land where 22 pilgrims traveled to Israel with Pastor Mark Danzey as the lead. Many more wonderful opportunities were offered and sponsored by the Women’s Ministry and Men of Mount Pisgah, Singles’ classes, and more.

Opportunities to grow as a disciple of Jesus Christ abound at Mount Pisgah, and our prayer is that we are found faithful to leading others to the Lord and encouraging their maturity so that His Kingdom may grow—all to be celebrated to His Glory. Total Marriage continued to develop, nurture, and strengthen Christ-centered marriages through a variety of marriage enrichment events, retreats, and classes. This year these included two Weekend to Remember retreats that revitalized, healed, and restored marriages and enrichment classes such as Sacred Marriage. Over 30 couples attended the Sacred Marriage enrichment classes during our Wednesday evening and Sunday morning schedule.

Two-Day Video-Based Con ference

The Art of Marriage, a two-day conference in February, saw 72 couples in attendance, and 29 couples took February 3 and 4 up our invitation to join us in March for a Bonus Date Night—Love Sizzles. Two couples attended the conference from as far away as Dacula, GA. Total Marriage will continue to host opportunities that promote oneness in marriage and oneness with the Lord in our church and in our community. The Underground North Campus

re ca i ld le Ch a i la b ys! av h da t bo

MP Annual Report10-2012.indd 13

2/11/13 11:15 AM

M fo

Parent Edition

PARENT EDITION

The fall began with Unshakeable Foundations: Dialogue with Your Teen workshop with well-known author Pete Bochino. This workshop focused on the mistakes parents often make when teaching teens how to defend their faith, and how to move toward a healthy modeling of conversations about God as seen in the life of Jesus. Other workshops followed throughout the year with topics such as Passport to Purity—A Training for Parents of Preteens and Teens and College Ready— Making the Most Out of Your Next Great adventure. Forty parents attended these workshops.

Passport 2 Purity A life-changing getaway with your preteen

Parent Edition Ministry is a firm structural pillar of FamilyLife Ministry. It’s goal is to support, train, and equip parents to be spiritual leaders in their homes, and to raise Godly children. It provides vital resources for parents to discover Godly solutions to the modern family’s daily “real-life” challenges of every age and stage of development. This year through Parent Edition events, workshops, and weekly classes, parents were encouraged to seek answers to their question from a biblical foundation on how best to address the current needs of their family.

Training for Parents of Preteens and Teens

MP Annual Report10-2012.indd 14

2/11/13 11:15 AM

Confirmation—Parent Edition was a very successful parallel to Student Life Confirmation and averaged 85 parents attending each week for eight weeks. This series equipped parents of children sixth to eighth grade with the Eight Basics of the Christian Faith, fostered communication between parent and child concerning the child’s spiritual growth, and provided a great avenue for parents to meet together and share in the common cause of raising Godly children.

Parenting-focused classes were offered three times each week with over 150 in attendance. These classes included The Hurried Family, Graced Based Parenting, 10 Biblical Traits Your Kids Will Remember You For, The Five Love Languages, and 30 Days to Taming Your Tongue. Parent Edition will continue to offer a wide variety of events, workshops, and classes that encourage parents to be positive guides in their children’s spiritual development.

The Women’s Ministry Spring Tea

MP Annual Report10-2012.indd 15

2/11/13 11:15 AM

Global Missions Overview True disciple-making is a global endeavor. The mission of Global Missions is 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 Mount Pisgah Global Missions, thousands have been reached for Jesus and grown as His disciples. This past year the generous giving of Mount Pisgah members enabled us to Love the Nations on several continents. We employed our strategy to lead children to Jesus, to equip leaders to disciple the nations, and to support the persecuted church by partnering with

The annual Water for the World Run helps raise funds for international ministry. indigenous believers and mission organizations established to work with them. We also partnered with our own home-grown career missionaries dedicated to reaching unreached peoples in SE Asia and college students in Pretoria, South Africa, and at Vanderbilt University. And we supported one preparing for possible career service by imbedding himself for three months in North Africa with Café 1040. These investments were undergirded by the personal touch of our self-supporting mission teams who brought VBS, leadership and business training, medical care, Bibles, supplies, and a helping hand to our friends around the world.

St. Lucia On this beautiful Caribbean island the born-out-ofwedlock rate is over 80%. Despite having to reduce our four full-time abstinence education teachers to three, our ministry in St. Lucia’s secondary public schools still bore fruit of hundreds of boys and girls trusting Christ for their salvation and their purity. Our ongoing support of the Soufriere Soup Kitchen allowed the hungry and homebound in this fishing village to receive daily nourishment. Our partnership with David and Linnette Bachman at Vanderbilt University carried over to St. Lucia, as David and a dozen Vanderbilt Navigators served on our summer St. Lucia team. Their presence positively impacted both the Lucians and our Mount Pisgah team members. Iran Heavy persecution of Christians continued in Iran and twice caused the last-minute cancellation of the leadership training conference we sponsor through our partnership with International Leadership Institute (ILI). Designated training funds were re-designated to tangibly support the families of imprisoned believers, as these families are often refused employment and have no way to support themselves. Additionally, creative fund raising through the Global Sunday Cupcake Challenge provided for the distribution of about 260 Farsi Bibles in Iran. As the strategic importance of on-line leadership training became more and more evident, one Mount Pisgah family joyfully witnessed first-hand the fruitfulness of internet evangelism and discipleship among Persians, as they had opened their home to provide residential hospitality for an Iranian Christian refugee now ministering through Elam Ministries and Skype. Nigeria We provided 16 scholarships to train West African pastors at West Africa Theological Seminary (WATS) in Lagos, a world-class city located on the southern border at the Gulf of Guinea. Other pastors were trained in Gombe State in Northern Nigeria through our partnership with ILI. These pastors live among a high degree of persecution, as Northern Nigeria is

MP Annual Report10-2012.indd 16

2/11/13 11:15 AM

dominated by Islam and Shari’a Law. The Isa Initiative (TII), a ministry created to help reach Muslims with the gospel, invited Mount Pisgah’s Missions Strategy Council to help guide that effort. As a result, WATS designed a track of study compatible with the Isa Initiative and began recruiting students who would receive TII scholarships beginning in August 2012. Kenya Kenya is home to 2.5 million orphaned children. It is estimated that every 2.2 seconds an African child is orphaned due to the AIDS pandemic, poverty, drought, and tribal warfare. Unless there are facilities where God’s servants can educate, house, and nourish the children while also nurturing their faith, then nothing will change. But there was change in 2011-12 as we continued to partner with Mully Children’s Family (MCF) in their self-sustaining development projects. Through MCF we were able to provide relief for Somalian refugee children. Nepal The church in the rural areas of the Himalayas continues to be shepherded by our five “mountain goat pastors,” who face persecution and trials of many kinds to trek the rugged terrain to do the work of the ministry. Costa Rica Coming alongside the local church in Platanares and Los Guido provided opportunities for Mount Pisgah families to mature together on the mission field. For example, our teams built an internet café with two computers for a church in the impoverished area of Los Guidos. This micro-enterprise tool will have a major impact on this church and its surrounding community, as will the computers given to the local pastor, a local orphanage, and a local resident who helps our teams on each trip. Additionally, our teams provided medical check-ups and treatment for both minor and significant life-impacting illnesses, as well as vision screenings and glasses as needed; installed a new sound system and did a variety of other electrical, structural, and maintenance work; provided children with much-needed shoes (including

soccer cleats), clothing, blankets, games, and toys; conducted Vacation Bible School at three churches; provided pastoral support and training; and provided scholarships for education and youth camps. English as a Second Language (ESL) Classes Our faithful volunteer ESL teachers proved every Tuesday and Thursday evening that you don’t always have to travel somewhere to reach the nations for Jesus. The world is on our doorstep. People from many nations want and need to learn English. Helping them in this task opens a door to sharing the gospel with them. Raising the Bar With the help of two excellent training seminars, we took a big step forward in strengthening the quality of our mission efforts. In January, Local and Global Outreach staff, along with seven missions lay leaders, participated in a day-long “Helping Without Hurting” seminar, which has since been guiding us through a practical paradigm shift in how we approach our outreach efforts. Also, in January, 11 mission leaders were trained in how to have maximum kingdom impact through short-term missions. The CultureLink model puts an umbrella of intentional discipleship over the entire process of short-term missions and is making a big difference on our mission teams.

MP Annual Report10-2012.indd 17

2/11/13 11:16 AM

Local Outreach

School Supplies donated to local schools. The mission of Mount Pisgah Local Outreach is to make disciples through service. …use your freedom to serve one another in love. – Galatians 5:13

Our vision is to spread the Gospel of Jesus Christ through loving and compassionate acts of service. As resources allow, we seek to meet some of the physical needs of the poor, underprivileged, imprisoned, lonely, and at-risk around us, as well as foster opportunities for those who serve to grow as disciples. Overall, our motivation is to glorify God through our work. Building God’s Kingdom through loving acts of compassion is one of the marks of a Disciple of Jesus Christ. As we become the face of Christ to a lost world, in which many see little reason to hope, we advance God’s Great Commission one life at a time. Not only do

we offer the love and grace of God to our neighbors in need, we also grow as followers and servants of the Master in the process. In the same way, let your good deeds shine out for all to see, so that everyone will praise your heavenly Father. – Matthew 5:16

This year Mount Pisgah partnered with several area schools to meet the needs of many children. What had been a normal routine to collect school supplies turned into much more than expected. Over 700 school supplies were collected and hand-delivered with the love and grace of God to neighboring schools. The response was enormous and the schools were moved that we thought enough to support them individually. The Yousef Family

MP Annual Report10-2012.indd 18

2/11/13 11:16 AM

AcTogether Thanksgiving Dinner in South Hall Also this year, Mount Pisgah teamed up with AcTogether Ministries to serve Thanksgiving dinner to many individuals who may have gone without. We served countless families and even supported our local police and fire departments in several cities. Over twenty years ago Mount Pisgah participated in their first Habitat for Humanity project. This year we celebrated the building of our 21st Habitat home. Soon that home will be dedicated for the The Yousuf Family. Amir Yousuf and his wife, Sameya, and their six children Asmaa, Shayma, Hatim, Thana, Mishkat, and Aishah have moved several times trying to secure housing that is clean and in a safe neighborhood. They often find themselves cramped with such a large family in a small home. They were very excited to hear their new Habitat for Humanity home would provide four bedrooms. All Habitat owners invest many hours of sweat equity in their homes, as well as the homes of others. Hundreds of volunteers from churches and community partners support the effort by providing the construction labor required. It takes thousands of dollars to provide

This year, Mount Pisgah celebrated the completion of its 21st Habitat House a Habitat house, and Mount Pisgah donors have been extremely generous over the years. We are proud of our relationship with Habitat for Humanity of North Central Georgia and look forward to many more years of collaboration as we provide homes, one family at a time.

...In the same way, let your good deeds shine out for all to see, so that everyone will praise your heavenly Father. Matthew 5:16

MP Annual Report10-2012.indd 19

2/11/13 11:16 AM

First Fruits funds the annual operating budget that supports the missions of Mount Pisgah’s on-going ministry programs such as Children’s and Student Ministries, Worship and Music, Congregational Care, budgeted missions and outreach opportunities, building and grounds, other support ministries and staff salaries. In 2011-12, 1,600 households gave over $4.8 million towards the day-to-day ministry and mission of Mount Pisgah. For the year ahead, nearly 500 families have pledged their support and already 663 additional households have joined with them to help us accomplish God’s work as we learn to trust God in all things.

Seek the Kingdom of God above all else, and live righteously, and he will give you everything you need. – Matthew 6:33 The Bible teaches us to live in joyful generosity, knowing that our God has and will continue to provide for our needs abundantly in every circumstance. Our congregation’s generosity undergirds our ability to Love God, Love People through all areas of ministry. Mount Pisgah has been richly blessed and continues to invest faithfully in His Kingdom to train, equip and deploy disciples of Jesus Christ to this generation and the next.

The Stewardship Efforts of Mount Pisgah include: First Fruits - The annual campaign to fund the operating budget

Gifts from more than 400 families to For the Least of These enable us to honor Mount Pisgah’s commitment to share the Gospel of Christ in ministries at home and around the world as we touch lives through Global Missions, Community Outreach, and expanding ministries in the areas of Special Needs, Marriage, Parenting and Young Adults. In addition, gifts to For the Least of These and Freedom to Serve are constantly reducing the mortgage on our worship home so that in time all future gifts can be put directly to mission and ministry.

FirstFruits Prayers • Presence • Gifts • Service • Witness

For the Least of These Extra-mile giving to fund the mortgage and provide for those in need here and abroad

Freedom to Serve - A movement to financially free Mount Pisgah of debt least of these logo?.indd 1

1/12/12 5:49 PM

Mount Pisgah Foundation Makes it easier for donors to contribute as they would like

MP Annual Report10-2012.indd 20

2/11/13 11:16 AM

Established in 2009, The Mount Pisgah Foundation was set up to serve donors of Mount Pisgah United Methodist Church, Mount Pisgah Christian School, The Summit Counseling Center and The Beacon of Hope Pregnancy Center through the gifting of liquid and non-liquid assets to benefit the work of the Kingdom of Christ. The Foundation is committed to offering education, information, and counsel to donors who

wish to make long-term investments in the Kingdom through one or more of the Mount Pisgah enterprise institutions. Gifts through the Foundation provide the benefits of maximized investment to make long-term Kingdom impact, tax reduction and savings, and the flexibility to gift a variety of assets â&#x20AC;&#x201C; from real estate to business interests to restricted securities.

MP Annual Report10-2012.indd 21

2/11/13 11:16 AM

Connect Ministry The Connect Ministry encourages people to connect to Mount Pisgah with the goal of becoming authentic disciples of Christ. This year, the Connect Ministry followed up with hundreds of first-time guests to our church through letters, emails, and/or phone calls. Second-time guests were sent a gift and encouraged to meet privately with a pastor. Three mailers funded by a private individual were sent to 30,000 homes inviting them to Mount Pisgah. Returning guests and those interested in membership were encouraged to attend the Pathways Class in order to better understand Mount Pisgah and the United Methodist Church worldwide. This year we welcomed 219 new members. All were invited to the Pastorâ&#x20AC;&#x2122;s Lunch for new members and all were encouraged to live within the Mount Pisgah community through the Five Keys of Discipleship: have a personal relationship with Jesus, be accountable within a small group, serve others, demonstrate a life of stewardship, and share the gospel. The 100+ Welcome Team members showed the love of Christ by welcoming guests each Sunday in the Gathering Area on North Campus and supporting other Mount Pisgah events such as the North Atlanta Christmas Festival.

Fellowship in the North Campus Gathering Area

MP Annual Report10-2012.indd 22

2/11/13 11:16 AM

Welcome New Members!

MP Annual Report10-2012.indd 23

2/11/13 11:16 AM

Caring Ministry Our greatest passion in ministry is to see lives transformed by God’s grace. One example is of a woman in Celebrate Recovery who has struggled with low self-esteem and alcohol addiction all her life. Through active participation in the program, she is maintaining her sobriety and recently gave her testimony about God’s transforming work in her heart and life. On September 15, 2012, Caring Ministry in connection with The Summit Counseling Center hosted a Recovery Celebration called “It’s Worth It!” The day involved music, fellowship, and seven inspiring testimonies from persons living in recovery from various addictions and codependency. DivorceCare began in March 2011 with six participants. DivorceCare is designed to bring help, hope, and healing to those struggling with divorce. This spring’s class included three men and three women.

Highlights Celebrate Recovery (CR) had a very busy year this year! Four Men’s and four Women’s Step Studies were completed. September 11, 2012 marked our eighth anniversary, with 85 persons in attendance.

Each year in the Caring Ministry is more exciting than the one before as we continue to see God at work to transform the lives of hurting and broken people. We look forward to seeing what God has in store for us as we continue to be a place of grace, hope, and compassion.

God is continuing to grow CR 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. In this one-time class we explain the nuts and bolts of CR and details about each share group we offer so that new attendees can make an informed decision as to which best meets their needs.

MP Annual Report10-2012.indd 24

2/11/13 11:16 AM

Congregational Care Congregational Care has seen God’s grace and glory in so many ways over the past year. What a privilege to see His hand at work in and through His people! Loving Meals delivered 350+ meals to both Mount Pisgah members and hurting people in our community that don’t have a church home to minister to them during times of illness. The impact this ministry has on people during times of healing or challenge is amazing. We continuously receive testimonies of how much they have felt the love of Jesus given by these volunteers that so lovingly deliver meals to them – even when they don’t know anything about them. And the responses we receive from the volunteers about how this ministry fulfills a desire to love on people is such a huge encouragement. It proves to be a ministry that fulfills both in the giving and the receiving. The Prayer Ministry continues to be a source of encouragement and support. Our intercessory prayer team prays with love, confidentiality, and faith for several prayer requests daily. Their service is given to many faces they will never see. Their faith is displayed in prayers for many situations for which we will never fully know the outcome. Stephen Ministry continues to give hope and help to many who simply need to be heard. Those who receive this care are given love and encouragement to face their issues. Forty-three people received the benefits of a Stephen Minister this past year, not including those who have received prayer counseling during our worship services. The Stephen Ministry team is a caring group of people who prove to be very loud in a very quiet ministry. While they cannot say anything verbally about what they do, they do speak through their love and compassion. Stephen Ministry is such a close family that monthly meetings are always a big reunion. They are great people for a great ministry.

Three years ago we began Healing Is a Choice at Mount Pisgah on Sunday afternoons. It is exciting to see lives choosing the healing grace of Jesus. This past year, twenty lives were strengthened through the help and hope of this ministry. The group also offers support for each other as they journey through challenges. As an official Healing Is a Choice church we also receive people from through the HIAC website. GriefShare continues to offer healing as people grieve the loss of loved ones. The lives of eighteen people were touched through this ministry last year. We find people are able to journey through the difficulty of working through feelings about their lost ones, working through their own loss as well as the frustration that comes with death. The message is pure and encouraging in life. It is a huge praise to see lay volunteers facilitating GriefShare. Made to Crave continues to help those who suffer food challenges offering hope and help through the strength of Christ to be good stewards of caring for their bodies – the Temple of Christ. During the summer we had a group that walked and talked instead of just meeting in a classroom. This past year 40 people found hope, help, encouragement, and freedom in the spiritual battle of food issues through this ministry. Making hospital visits and meeting with people to talk about challenges in life continues to be a very exciting and privileged role of the Congregational Care Ministry. It is an amazing and blessed opportunity to walk with people in and through life’s challenges.

MP Annual Report10-2012.indd 25

2/11/13 11:16 AM

Music and Worship Overview Make a joyful noise unto the Lord! Each and every week the Worship Center is filled with joyful sounds and praise unto our Savior for His grace and unfailing love. Whether the voices of worship come from the choir loft or congregation, when blended with the sounds of our extraordinary orchestra we are ushered into the presence of God by the power of music that transforms hearts. The Music and Worship Ministry is comprisedof the choir, orchestra, and several other volunteer teams that help create the warm and inviting environment for congregants and visitors. This year has been one of moving forward and creating new worship experiences, such as the original Good Friday drama called “Tetelestai” and a worship experience called “REVIVE”. Both were created to engage the hearts and minds of those attending through thought provoking drama, scripture, testimony, and musical worship. Mount Pisgah Worship Choir The choir is a beautiful example of using one’s time and talents to the glory of God. Each week our dedicated choir members practice on Wednesday nights to lead the congregation into the presence of Jesus on Sunday morning, which is the heart of the choir’s ministry. They are all worship leaders dedicated to the mission of making disciples. The choir’s enrollment has continued to remain steady and strong. Section leaders continue to do a great job of ministering compassionately to each person in their section and

The Mount Pisgah Orchestra addressing needs as they arise. The Mount Pisgah Worship Choir is a church family and we care and minister to each other. Orchestra and Rhythm Section Under the skillful direction of Geary Newman the orchestra has grown in number, quality of their sound, and performance. They create the beautiful music we love to use to praise our Lord. Tim Johnson leads our rhythm section and has brought the level of professionalism to new heights. He also does an outstanding job arranging and orchestrating special music, as well as rehearsing our Praise Team. Music and Worship Volunteers The Music and Worship ministry’s strength comes from our volunteers, who all give generously of their time and energy to help create the warm and inviting atmosphere that we have here at Mount Pisgah. Without our volunteer teams the Sunday Worship experience would not be what it is today. Thanks to our Sanctuary Prep Team, Communion Team, and Flower Guild, we enjoy an atmosphere of fellowship and warmth that makes Mount Pisgah so welcoming.

MP Annual Report10-2012.indd 26

2/11/13 11:16 AM

The North Atlanta Christmas Festival Each year The North Atlanta Christmas Festival (NACF) continues to be a tremendous draw for our surrounding community. This past year was no exception with nearly 7,000 people attending the three performances. The purpose of the NACF is to bring the good news of Christ to the community by sharing the joy of Christmas in a family oriented, fun-filled evening.

The NACF starts with a Broadway style show, then moves into a traditional sacred Christmas concert, and ends with a spectacular Biblical presentation of Christâ&#x20AC;&#x2122;s birth and ministry. The NACF has become a community favorite for families each Christmas, and it continues to be where many meet Jesus for the very first time. Many gave their life to Christ during the NACF this past year, and our hope is that many more will each and every season.

The Mount Pisgah Worship Choir

MP Annual Report10-2012.indd 27

2/11/13 11:16 AM

Hispanic Ministry

Thanks to the prayers and efforts of the entire Mount Pisgah family this past year was a great year for the Hispanic Ministry as we made a concerted effort to reach out to the Hispanic Community for Jesus Christ. During this past year the Hispanic Ministry worked hard to organize events for youth with emphasis on teaching them how to have a personal relationship with Jesus. The result was that where we expected to have an average of 100 youth worshiping and learning the Bible principles with us this year, God surprised us by sending 200 to 300 youth to our events. In addition, more youth are coming with their parents to our Sunday service. It is a great reward to see more youth coming to church, raising their hands in worship, free from addictions and gangs, and living a new life of holiness in commitment to our Savior.

In an answer to our Friday prayer meetings throughout the year, we see more families coming to receive Jesus as their personal Savior and becoming active members of Mount Pisgah. Our Sunday average attendance this past year increased from 155 to a high of 265. We continue to fast and pray that this next year we reach an average Sunday attendance of 300. Reaching out to Hispanic Youth

MP Annual Report10-2012.indd 28

2/11/13 11:17 AM

Lay leaders continue to learn to preach the word of God in home Bible studies as well as the pulpit. We currently have three homes faithfully inviting new people and preaching the love of God. Our goal this year is to have 10 preachers able to share the gospel, here, there, and everywhere.

Hispanic services see a rise in attendance

Hispanic Pastor John Cervantes

Hispanic Youth enjoy singing in South Hall

Our biggest effort this past year to reach more people through the teaching of forgiveness was the 40 days of Forgiveness campaign. During this time we saw miracles in the lives of some people who were desperately living in fear and loneliness because of the pain of their past. Many were healed in their emotions through the Holy Spirit using the bible principles on forgiveness by confessing and learning how to forgive. Three couples affected by the infidelity were reconciled and continue to faithfully come to our church. It really was a great year of growth for the Hispanic Ministry and we look forward with great anticipation to what God will do in this next year. 29

MP Annual Report10-2012.indd 29

2/11/13 11:17 AM

A Beacon of Hope …fearfully and wonderfully made… Psalm 139

In 2011-2012, A Beacon of Hope continued to pursue its mission to save the lives of the unborn and promote healthy relationships while leading people into a growing relationship with Jesus Christ. God’s love for the unborn, seen and unseen continues with compassion through our life-affirming ministry. God faithfully impresses upon a number of unbelievable volunteers a passion to promote healthy relationships and provide life-affirming counsel and care to people in our community dealing with an unplanned pregnancy. In addition to this service, the center now aggressively provides prevention classes in the local public middle schools and high schools and post-abortion recovery services, to care for individuals that are truly seeking forgiveness and healing. The servants of the Body of Christ continue to collectively live out the unique mission to serve men and women considering abortion through a vast array of Christ-centered support services. As a result, multiple miracles are birthed. Over 1,140 children have been born since the conception of A Beacon of Hope, many of whom were initially to be aborted. Our services are designed to empower greater socioeconomic, spiritual, emotional, mental and financial stability, while making parenting and adoption viable options. The beneficiaries of A Beacon of Hope are men, women, newborns, and toddlers. All services are free of charge, anchored in Christian faith without regard to race, age, nationality, religious affiliation, marital status, income, or disability. The majority of the mothers we serve enter into the center feeling vulnerable and considering abortion their only option. A Beacon of Hope, parent organization to Pregnancy Center of Johns Creek and Pregnancy Center of Decatur, embraces these individuals in the midst of their tumultuous circumstances and serves them with love.

MP Annual Report10-2012.indd 30

2/11/13 11:17 AM

Both centers provide Biblical education with medically accurate truth about their options with abortion and about parenting, and placing a child for adoption. Many individuals have responded to the call to make a gift to the organization through their time, talent, or treasure. A Beacon of Hope currently has approximately 65 volunteers walking, talking, and breathing life into both centers. Thanks to their efforts, many men and women experience unplanned joy in the midst of unplanned crisis.

Women Served – Both Locations Total appointments scheduled: 1,961 Total new patients: 771 Total pregnancy verifications: 774 Total ultrasounds performed: 305 Total number of patient/class participation: 553 Patients stating they believe in Jesus Christ: 350 Patients rededicating their lives to Christ: 5 New professions of faith: 5 Positive pregnancy verification: 544 Known number of babies born 150 under care of the center: Known number of babies aborted: 31 Known number of patients that were abortion-minded and chose life through options counseling: 53 Known number of patients that have chosen to place the child for adoption through options counseling: 3 Inspire Life Art Contest: 42 high school participants Post Abortion Recovery, Forgiven and Set Free counseling: 5 participants

Services Provided

Free Pregnancy Verification Free Limited Ultrasound Sexually Transmitted Infection Testing Options Education Life Skills Education Parenting Classes

Material Support Adoption Referrals and Support Post-Abortion Recovery Support Groups Budgeting Financial and Medical Referrals for Patients Domestic Violence Assistance Housing Placements Referral Recovery Placements Referral Pre-natal / Post-natal Education Programs

Our Vision

Lives Saved, Touched, and Changed

Core Values

Compassion, Grace, and Hope Respect Autonomy: Minister not Manipulate Sacrificial Love and Integrity Prayer and Christian Discipleship Presentation of Truth from a Medically-Accurate Perspective

Five Areas of Ministry Prevention Intervention Patient Care Evangelism Reconciliation

Prevention Initiative: www.theswatteam.org Over 6,000 students received the message of truth in regards to sexual integrity in the public school system. Over 500 parents were trained to speak intentionally about sexual integrity to their teens.

MP Annual Report10-2012.indd 31

2/11/13 11:17 AM

The Summit Counseling Center The Summit continued this year in its mission to provide professional, faith-based counseling, conducting 6,486 individual, marriage, and family counseling sessions, which was a 14% increase over 2010-2011. We saw 729 new clients this past year. The Summit provided $93,881 in pro-bono discounts and $82,130 in client assistance funds to underwrite the fees of those who were unable to pay the full cost of counseling services. We also grew to a staff of eight full-time and three part-time therapists. Highlights In July 2011, an anonymous donor contributed $177,000. The gift completely paid off the Center’s mortgage on their facility.

In June 2012, The 6th Annual Summit Golf Classic, sponsored by KeyWorth Bank, was held at Country Club of the South and raised over $34,000 to support the Client Assistance Fund at The Summit. Additions to Our Staff In October 2011, Erin Pridgen, MS joined the staff of The Summit. Erin is a Licensed Professional Counselor and Registered Play Therapist. Erin has a master’s degree from Georgia State University and a bachelor’s degree in Psychology from the Georgia Institute of Technology. Erin’s interests include working with children and their families. Her areas of specialty include working with children on the autism spectrum, anxiety, depression, learning disabilities, divorce, grief, and Filial therapy. In addition to individual therapy, Erin leads the Caring 4 Kids thru Divorce and Social Skills groups at The Summit. In June 2012, Kate Henderson, MA joined the staff of Academic Futures. Kate is a graduate of Auburn University with a B.A. in communications and master’s degree in higher education administration, Kate most recently served as the Atlanta Regional Recruiter for Auburn University. Kate’s time was spent assisting students and their families with each part of the enrollment process, including admission, scholarships, and financial aid. Kate was also a mentor for new regional recruiters and remains active in a variety of professional organizations on the local, regional, and national levels.

Keyworth Bank - Our Presenting Sponsors In August 2011, The Summit partnered with the 2011 PGA Championship Community Relations Program to provide over 200 local youth the opportunity to participate in the PGA Championship Youth Clinic and to attend the practice rounds of the 93rd PGA Championship held at The Atlanta Athletic Club.

Daniel Fain and PGA Instructor

MP Annual Report10-2012.indd 32

2/11/13 11:17 AM

New Programs The GRAPES, led by Dr. Lenore Doster is a teen therapy group for high school students that are Grappling with Relationships, Anger, Power, Emotions and Spirit. REVIVE, led by Dr. Lenore Doster is an intensive couples therapy format for those in a strained marriage or family relationships who need immediate relief. IGNITE, led by Dr. Lenore Doster is a 1-day premarital counseling workshop. DUI Intervention Program Provider. The Summit has been approved by the Georgia Department of Behavioral Health & Developmental Disabilities (DBHDD) as a registered clinical evaluator and treatment provider for the state DUI Intervention Program.

MP Annual Report10-2012.indd 33

2/11/13 11:17 AM

Executive Pastor From an operations perspective the fiscal year 20112012 was in many ways a watershed year. It was a year of new, but hopefully final, “lows” in church worship attendance and church giving. It was also a time when we began to look more objectively at what is happening in the body of Christ we call Mount Pisgah. For perhaps the very first time, we began to view declining attendance and declining giving as symptoms and not as problems. We engaged the services of an external consulting firm, Triaxia, to design and conduct a congregation-wide survey to determine root causes of the symptoms we were observing. We sent the survey out to 2,400 lay people in our congregation and over 900 people responded. From their responses, we discovered several critical issues centering first on the clarity of the church’s vision, mission, and value proclamations; worship styles; member development; spiritual development, and outreach. Based on these initiatives lay leaders were asked to join the task forces whose objectives were/are to address these fundamental

issues identified by the congregation. Another critical concern regarded the national search for a new “worship architect/pastor.” We will focus on all these elements in our next fiscal year. In the following pages, you can read more about the ”business of the church,” as expressed in financial and accounting terms. We continue to operate our three 501c3’s (Mount Pisgah UMC, The Summit, and The Beacon of Hope) in a fiscally responsible manner. Though each year is filled with difficult choices, we continue to prayerfully seek God’s guidance in how to fund His work here at Mount Pisgah. Grace and Peace,

Fred Erler

Executive Pastor

MP Annual Report10-2012.indd 34

2/11/13 11:17 AM

MOUNT PISGAH UNITED METHODIST CHURCH AND CERTAIN RELATED ENTITIES COMBINED FINANCIAL STATEMENTS YEARS ENDED JUNE 30, 2012 AND 2011 and SUPPLEMENTARY INFORMATION with INDEPENDENT AUDITORS’ REPORT

MP Annual Report10-2012.indd 35

2/11/13 11:17 AM

TABLE OF CONTENTS PAGE INDEPENDENT AUDITORS’ REPORT

COMBINED STATEMENT OF FINANCIAL POSITION

4-5

COMBINED STATEMENT OF ACTIVITIES AND NET ASSETS

6-7

COMBINED STATEMENT OF CASH FLOWS

8-9

NOTES TO COMBINED FINANCIAL STATEMENTS

10-16

SUPPLEMENTARY INFORMATION COMBINING STATEMENT OF FINANCIAL POSITION BY FUND – JUNE 30, 2012

18-21

COMBINING STATEMENT OF ACTIVITIES AND NET ASSETS BY FUND – YEAR ENDED JUNE 30, 2012

22-23

MP Annual Report10-2012.indd 36

2/11/13 11:17 AM

INDEPENDENT AUDITORSâ&#x20AC;&#x2122; REPORT Audit and Finance Committee Mount Pisgah United Methodist Church We have audited the accompanying combined statement of financial position of Mount Pisgah United Methodist Church and Certain Related Entities as of June 30, 2012 and 2011 and the related combined statements of activities and net assets and cash flows for the years then 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 audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audits 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 audits 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, 2012 and 2011, and the changes in combined net assets and combined cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America. Our audits were conducted for the purpose of forming an opinion on the combined financial statements taken as a whole. The supplementary information on pages 18-23 is presented for the purpose of additional analysis and is not a required part of the combined financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the combined financial statements. The information has been subjected to the auditing procedures applied in the audits of the basic combined financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the combined financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated in all material respects in relation to the basic combined financial statements as a whole.

October 12, 2012

Suite 900, 171 17th Street, N.W., Atlanta, GA 30363 Tel 404.874.6244 Fax 404.874.1658 www.smith-howard.com

MP Annual Report10-2012.indd 37

2/11/13 11:17 AM

MOUNT PISGAH UNITED METHODIST CHURCH AND CERTAIN RELATED ENTITIES COMBINED STATEMENT OF FINANCIAL POSITION JUNE 30, 2012 AND 2011 ASSETS Current Assets Cash and cash equivalents Accounts receivable Other Due from related entity Total Current Assets

Land, Buildings and Equipment, at Cost Land Church building complex Furniture and equipment Vehicles Less accumulated depreciation and amortization

Loan Costs, Net of Accumulated Amortization of $41,830 and $56,969 in 2012 and 2011, respectively

2012

2011

$ 1,324,621 8,882 63,220 1,790

$ 1,433,896 512 72,292 14,957

1,398,513

1,521,657

3,392,048 34,722,525 4,754,090 383,048 43,251,711 14,884,396 28,367,315

3,392,048 34,573,194 4,525,994 381,548 42,872,784 13,685,922 29,186,862

40,738

42,205

$ 29,806,566

$ 30,750,724

The accompanying notes are an integral part of these combined financial statements. 4 38

MP Annual Report10-2012.indd 38

2/11/13 11:17 AM

LIABILITIES AND NET ASSETS Current Liabilities Accounts payable Accrued liabilities Agency funds Borrowings under line of credit Current portion of long-term debt

2012 $

Total Current Liabilities

Long-Term Debt, Net of Current Portion

435,332 51,775 53,217 62,186 717,854

2011 $

435,094 46,514 100,739 178,306 7,335,412

1,320,364

8,096,065

14,186,388

8,459,884

12,923,635 1,376,179

12,904,221 1,290,554

14,299,814

14,194,775

$ 29,806,566

$ 30,750,724

Commitments and Contingencies

Net Assets Unrestricted Temporarily restricted

5 39

MP Annual Report10-2012.indd 39

2/11/13 11:17 AM

MOUNT PISGAH METHODIST CHURCH AND CERTAIN RELATED ENTITIES COMBINED STATEMENT OF ACTIVITIES AND NET ASSETS YEARS ENDED JUNE 30, 2012 AND 2011

Unrestricted Revenues and Other Support: Tithes and offerings Church capital campaign fund Mount Pisgah Foundation The Summit Counseling Center A Beacon of Hope Women's Center Other revenues and contributions Net assets released and reclassified from restrictions

$ 5,023,155 834,061 516,998 479,486

$ 5,023,155 806,252 879,285 532,923 1,107,833

85,625

8,349,448

3,564,140 741,498 461,193 588,285 834,988 503,391 1,226,574 729,341 (405,001)

8,244,409

19,414

85,625

105,039

12,904,221

1,290,554

14,194,775

$ 12,923,635

$ 1,376,179

$ 14,299,814

1,410,123

Increase (Decrease) in Net Assets Net Assets at Beginning of Year Net Assets at End of Year

806,252 45,224 15,925 628,347

Total

8,263,823 Expenses: Compensation and benefits Program Conference apportionments Designated expenditures Buildings and grounds General and administrative Depreciation and amortization Interest Internal allocations

2012 Temporarily Permanently Restricted Restricted

(1,410,123)

The accompanying notes are an integral part of these combined financial statements. 6

MP Annual Report10-2012.indd 40

2/11/13 11:17 AM

Unrestricted

$ 5,147,436 668,083 448,220 473,873 2,785,905 9,523,517

2011 Temporarily Permanently Restricted Restricted

1,164,384 1,297,822 33,448 47,780 674,667

(2,710,265) 507,836

Total

$ 5,147,436 1,164,384 1,297,822 701,531 496,000 1,148,540

(75,640)

9,955,713

3,697,196 813,851 494,628 917,738 1,156,371 481,617 1,212,484 777,527 (555,000)

8,996,412

527,105

507,836

(75,640)

12,377,116

782,718

75,640

13,235,474

$ 12,904,221

$ 1,290,554

$ 14,194,775

959,301

MP Annual Report10-2012.indd 41

2/11/13 11:17 AM

MOUNT PISGAH UNITED METHODIST CHURCH AND CERTAIN RELATED ENTITIES COMBINED STATEMENT OF CASH FLOWS YEARS ENDED JUNE 30, 2012 AND 2011

Cash Flows from Operating Activities: Cash received from tithes and offerings Cash received from capital campaign for missions and other ministries Other revenues and contributions Cash paid to suppliers and employees Interest paid Net Cash Provided by Operating Activities Cash Flows from Investing Activities: Loan acquisition costs Purchases of buildings and equipment Student building within the church building complex Other buildings and equipment Net Cash Required by Investing Activities Cash Flows from Financing Activities: Net repayments on revolving line of credit Principal payments on long-term debt Contributions restricted for capital improvements and debt service Net Cash Provided (Required) by Financing Activities Net Increase (Decrease) in Cash and Cash Equivalents Cash and Cash Equivalents at Beginning of Year Cash and Cash Equivalents at End of Year

2012

2011

$ 5,023,155

$ 5,147,436

121,596 2,497,746 (6,308,278) (729,341)

338,735 2,632,950 (6,745,029) (777,527)

604,878

596,565

(26,632)

(12,775)

(378,928)

(224,399) (322,521)

(405,560)

(559,695)

(116,120) (891,054)

(352,521) (1,232,528)

698,581

1,855,429

(308,593)

270,380

(109,275)

307,250

1,433,896

1,126,646

$ 1,324,621

$ 1,433,896

(Continued) The accompanying notes are an integral part of these combined financial statements. 8 42

MP Annual Report10-2012.indd 42

2/11/13 11:17 AM

MOUNT PISGAH UNITED METHODIST CHURCH AND CERTAIN RELATED ENTITIES COMBINED STATEMENT OF CASH FLOWS YEARS ENDED JUNE 30, 2012 AND 2011 2012

(Continued)

2011

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

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

105,039

(698,581) 1,226,574 (8,370) 13,167 9,072 238 5,261 (47,522) 499,839 $

604,878

959,301

(1,855,429) 1,212,484 18,837 54,849 2,250 134,719 22,552 47,002 (362,736) $

596,565

The accompanying notes are an integral part of these combined financial statements. 9 43

MP Annual Report10-2012.indd 43

2/11/13 11:17 AM

MOUNT PISGAH UNITED METHODIST CHURCH AND CERTAIN RELATED ENTITIES NOTES TO COMBINED FINANCIAL STATEMENTS JUNE 30, 2012 AND 2011 NOTE 1 – ORGANIZATIONAL MATTERS AND BASIS OF PRESENTATION Nature of Organization and Principles of Consolidation Mount Pisgah United Methodist Church (the “Church”) is a nonprofit Georgia corporation. During the years ended June 30, 2012 and 2011, the Church operated a counseling center and a women’s center in addition to its other activities. During the year ended June 30, 2011, the Church created Mount Pisgah Foundation (the “Foundation”) for the purpose of serving high capacity givers and encouraging donors to steward their wealth. The Foundation is not a separate entity and is therefore consolidated with the Church. For the years ended June 30, 2012 and 2011, all intercompany balances and transactions have been eliminated in the combined financial statements which consist of the following nonprofit Georgia corporations:  

The Summit Counseling Center, Inc. A Beacon of Hope Women’s Center, Inc.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Accounting The Church and related entities follow accounting standards set by the Financial Accounting Standards Board (“FASB”). The FASB sets accounting principles generally accepted in the United States of America (“GAAP”). Revenue Recognition Pledges are not recognized in the combined financial statements until the cash or other assets are received (See Note 3). The Church and related entities record 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, 2012 and 2011 were not significant.

10 44

MP Annual Report10-2012.indd 44

2/11/13 11:17 AM

MOUNT PISGAH UNITED METHODIST CHURCH AND CERTAIN RELATED ENTITIES NOTES TO COMBINED FINANCIAL STATEMENTS JUNE 30, 2012 AND 2011 NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Contributions The Church and related entities report 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 are 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 and related entities report 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. Noncash Contributions The Church and related entities report 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 years ended June 30, 2012 and 2011. Cash and Cash Equivalents 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’s cash accounts include both interest and non-interest bearing accounts. The Church’s noninterest bearing cash balances are fully insured by the Federal Deposit Insurance Corporation through December 31, 2012. The Church believes it reduces risks associated with balances in excess of federally insured amounts by maintaining its cash with major financial institutions with sound financial standing. As a result of liquidity issues experienced in the global credit and capital markets, it is at least reasonably 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.

11 45

MP Annual Report10-2012.indd 45

2/11/13 11:17 AM

MOUNT PISGAH UNITED METHODIST CHURCH AND CERTAIN RELATED ENTITIES NOTES TO COMBINED FINANCIAL STATEMENTS JUNE 30, 2012 AND 2011 NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Program and Apportionment Expenses Program expenses are direct expenses of ministry, counseling and women’s center activities. Apportionment expenses are the Church’s share of Conference expenses. Use of Estimates The preparation of combined financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the combined financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Reclassifications Certain amounts in the June 30, 2011 financial statements have been reclassified to conform with the current year presentation. Income Taxes The Church, as a church organization, is exempt from federal and state income taxes under Internal Revenue Code Section 501(c)(3). The Church has obtained not-for-profit tax exempt status under Section 501(c)(3) from the Internal Revenue Service for The Summit Counseling Center, Inc. and A Beacon of Hope Women’s Center, Inc. The Church and related entities annually evaluate all federal and state income tax positions. This process includes an analysis of whether these income tax positions the Church and related entities take meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. Management believes the Church and related entities are no longer subject to income tax examinations for tax years ending before June 30, 2009. Subsequent Events Management has evaluated subsequent events through the date of this report, which is the date the combined financial statements were available to be issued.

12 46

MP Annual Report10-2012.indd 46

2/11/13 11:17 AM

MOUNT PISGAH UNITED METHODIST CHURCH AND CERTAIN RELATED ENTITIES NOTES TO COMBINED FINANCIAL STATEMENTS JUNE 30, 2012 AND 2011 NOTE 3 â&#x20AC;&#x201C; PLEDGES OUTSTANDING AND INTENTIONS TO GIVE The Church conducts an annual campaign for pledges for the operating budget 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, 2012 and 2011. Pledges paid before the fiscal year begins are recorded as temporarily restricted. During 2008, the Church initiated a capital campaign, Live the Vision, with contributions designated primarily for debt service, construction of a student building, support of global missions and compassion ministries. Contributions received for the Live the Vision campaign are recognized at the time they are collected. Substantially all remaining outstanding campaign pledges were collected during 2011 and the Church does not expect to collect additional pledges for the campaign. During 2011, the Church initiated a new capital campaign, For the Least of These, with contributions designated primarily for debt service, support of global missions and compassion ministries, special needs, young adults and marriage and parenting. Contributions received for the For the Least of These campaign are recognized at the time they are collected. Outstanding For the Least of These campaign pledges, net of an estimated shrinkage adjustment, are expected to be approximately $800,000 at June 30, 2012, and are scheduled to be collected over the next two years. During 2011, the Church initiated a silent capital campaign, Freedom to Serve, with contributions designated for debt service. Contributions received for the Freedom to Serve campaign are recognized at the time they are collected. Outstanding Freedom to Serve campaign pledges, net of an estimated shrinkage adjustment, are expected to be approximately $200,000 at June 30, 2012, and are scheduled to be collected over the next two years. NOTE 4 â&#x20AC;&#x201C; 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 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.

13 47

MP Annual Report10-2012.indd 47

2/11/13 11:17 AM

MOUNT PISGAH UNITED METHODIST CHURCH AND CERTAIN RELATED ENTITIES NOTES TO COMBINED FINANCIAL STATEMENTS JUNE 30, 2012 AND 2011 NOTE 4 – LAND, BUILDINGS AND EQUIPMENT (Continued) 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. Depreciation was $1,198,475 and $1,188,180 for the years ended June 30, 2012 and 2011, respectively. NOTE 5 – FINANCING AGREEMENTS During 2007, outstanding borrowings under the Church’s 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 that consisted of two term notes and a line of credit. The first note, with an original principal balance of $10,500,000 and maturity date of September 2009 was payable in monthly principal installments of $21,875 plus interest at LIBOR plus 1%. The note was refinanced during April 2009 and the Church received an additional $2,000,000 to finance the construction of a student building. The total refinanced principal balance of $8,375,000 with a maturity date of March 2012 was payable in 34 monthly installments of approximately $50,000 including interest at LIBOR plus 2.25%. The note was refinanced during February 2012 to extend the maturity date to February 2015. The total refinanced principal balance of $6,700,000 is payable in increasing monthly principal installments plus interest at LIBOR plus 2.25% (an effective rate of 2.49% at June 30, 2012) of $23,500 from April 2012 through March 2013, $24,500 from April 2013 through March 2014, and $25,500 from April 2014 through February 2015 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 rate of 6.27%, until November 2016, at which time all unpaid principal and interest will be due in full. The line of credit was renegotiated with the refinancing of the first note and has maximum available borrowings of $2,000,000 with interest at LIBOR plus 2.25%. During 2011, the line of credit was renewed and now has maximum available borrowings of $1,500,000 with interest at LIBOR plus 2.25%. During 2012, the line of credit was again renewed with the same terms and is payable as to interest only until March 2013, at which time, all outstanding principal and interest is due in full.

14 48

MP Annual Report10-2012.indd 48

2/11/13 11:17 AM

MOUNT PISGAH UNITED METHODIST CHURCH AND CERTAIN RELATED ENTITIES NOTES TO COMBINED FINANCIAL STATEMENTS JUNE 30, 2012 AND 2011 NOTE 5 – FINANCING AGREEMENTS (Continued) The financing agreements described above for the Church are secured by certain property and equipment and contain certain restrictive covenants with which the Church was in compliance at June 30, 2012. Outstanding balances under the financing agreements at June 30 consist of the following: 2011

2012 Church term loans payable to a financial institution Term note 1 Term note 2 Church line of credit payable to a financial institution Less: revolving line of credit Less: current portion of long-term debt Long-term debt

6,414,046 8,490,196 62,186 14,966,428 62,186 717,854 $ 14,186,388

6,953,410 8,841,886 178,306 15,973,602 178,306 7,335,412 $ 8,459,884

Principal maturities of long-term debt for years ending June 30 are as follows: 2013 2014 2015 2016 2017 Thereafter

717,854 698,629 6,231,329 454,005 483,304 6,319,121 $ 14,904,242

NOTE 6 – DEBT GUARANTEE The Church guarantees a note payable with a bank to the Mount Pisgah Christian School (the “School”) in an amount not to exceed $11,000,000. Payment terms are through March, 2026. Interest is at 4.2% until October 2014, at which time the rate becomes prime plus 1%. NOTE 7 – OTHER RELATED PARTY TRANSACTIONS The Church participates in a space and operating expense agreement with other related entities. The Church received $405,001 and $555,000 during the years ended June 30, 2012 and 2011, respectively, from the School for expenses allocated under the expense agreement.

15 49

MP Annual Report10-2012.indd 49

2/11/13 11:17 AM

MOUNT PISGAH UNITED METHODIST CHURCH AND CERTAIN RELATED ENTITIES NOTES TO COMBINED FINANCIAL STATEMENTS JUNE 30, 2012 AND 2011 NOTE 8 – TEMPORARILY RESTRICTED NET ASSETS Temporarily restricted net assets at June 30 are available for the following purposes: 2012 Capital and debt service expenditures Other designated funds

$ $

603,825 772,354 1,376,179

2011 $ $

729,302 561,252 1,290,554

NOTE 9 – NET ASSETS RELEASED AND RECLASSIFIED FROM RESTRICTIONS Net assets released from restrictions for the years ended June 30 are as follows: 2012 Capital fund expenditures and debt service Other designated expenditures

$ $

945,654 464,469 1,410,123

2011 $ $

1,922,772 787,493 2,710,265

During 2012, the Church determined the need to reclassify amounts in the accompanying statement of activities and net assets and statement of financial position based on clarification of donor intent. Therefore, there were no permanently restricted net assets at June 30, 2012 or 2011. NOTE 10 – EMPLOYEE BENEFIT PLAN The Church and 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 $117,989 and $119,785 to this program for the years ended June 30, 2012 and 2011.

16 50

MP Annual Report10-2012.indd 50

2/11/13 11:17 AM

SUPPLEMENTARY INFORMATION

MP Annual Report10-2012.indd 51

2/11/13 11:17 AM

MOUNT PISGAH UNITED METHODIST CHURCH AND CERTAIN RELATED ENTITIES COMBINING STATEMENT OF FINANCIAL POSITION BY FUND JUNE 30, 2012 ASSETS Church Ministry

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

$ 1,244,903 8,432 61,531 73,940

Total Current Assets

Land, Buildings and Equipment, at Cost Land Church building complex Furniture and equipment Vehicles Less accumulated depreciation and amortization

Loan Costs

Summit Counseling

Beacon of Hope

43,836 450 -

35,882 1,689 164,987

1,388,806

44,286

202,558

3,392,048 34,722,525 4,465,052 383,048 42,962,673

119,930 119,930

169,108 169,108

14,744,391 28,218,282

76,292 43,638

63,713 105,395

40,738

$ 29,647,826

87,924

307,953

(Continued)

18 52

MP Annual Report10-2012.indd 52

2/11/13 11:17 AM

Eliminations

- $ 1,324,621 8,882 63,220 (237,137) 1,790 (237,137)

Total

1,398,513

3,392,048 34,722,525 4,754,090 383,048 43,251,711

14,884,396 28,367,315

40,738

(237,137) $ 29,806,566

19 53

MP Annual Report10-2012.indd 53

2/11/13 11:17 AM

LIABILITIES AND NET ASSETS Church Ministry

(Continued)

Current Liabilities Accounts payable Accrued liabilities Agency funds Borrowings under line of credit Current portion of long-term debt Due to related entities

Total Current Liabilities Long-Term Debt, Net of Current Portion

Net Assets (Deficit): Unrestricted Temporarily restricted

406,001 27,039 53,217 62,186 717,854 164,987

Summit Counseling

Beacon of Hope

21,566 24,736 72,150

7,765 -

1,431,284

118,452

7,765

14,186,388

12,705,260 1,324,894 14,030,154 $ 29,647,826

(55,431) 24,903 (30,528) $

87,924

273,806 26,382 300,188 $

307,953

MP Annual Report10-2012.indd 54

2/11/13 11:17 AM

Eliminations

- $ (237,137) (237,137)

Total

435,332 51,775 53,217 62,186 717,854 1,320,364

14,186,388

12,923,635 1,376,179 14,299,814

(237,137) $ 29,806,566

MP Annual Report10-2012.indd 55

2/11/13 11:17 AM

MOUNT PISGAH UNITED METHODIST CHURCH AND CERTAIN RELATED ENTITIES COMBINING STATEMENT OF ACTIVITIES AND NET ASSETS BY FUND YEAR ENDED JUNE 30, 2012 Church Ministry Revenues and Other Support: Tithes and offerings Capital campaign fund The Summit Counseling Center A Beacon of Hope Women's Center Other revenues and contributions

$ 5,023,155 806,252 1,107,833 6,937,240

Expenses: Compensation and benefits Program Conference apportionments Designated expenditures Buildings and grounds General and administrative Depreciation and amortization Interest Internal allocations

Increase (Decrease) in Net Assets Net Assets at Beginning of Year Net Assets (Deficit) at End of Year

Summit Counseling $

879,285 879,285

Beacon of Hope $

532,923 532,923

2,644,054 558,002 461,193 481,996 812,637 394,729 1,189,812 729,341 (445,001) 6,826,763

715,125 55,967 74,792 31,602 16,483 20,000 913,969

204,961 127,529 31,497 22,351 77,060 20,279 20,000 503,677

110,477

(34,684)

29,246

4,156

270,942

13,919,677 $ 14,030,154

(30,528) $

300,188

MP Annual Report10-2012.indd 56

2/11/13 11:17 AM

Eliminations $

Total $ 5,023,155 806,252 879,285 532,923 1,107,833 8,349,448

3,564,140 741,498 461,193 588,285 834,988 503,391 1,226,574 729,341 (405,001) 8,244,409

105,039

14,194,775

$ 14,299,814

MP Annual Report10-2012.indd 57

2/11/13 11:17 AM