A N N U A L R E P O R T 2 0 0 5 - Mennonite Mission Network

18Financial information 2004 – 2005Stability, growth mark endof Mission Network fiscal yearIn its first stable contribution year since its inception inFebruary 2002, Mennonite Mission Network celebratedthe emergence of a new global partnership,saw many people begin new international assignmentsand witnessed vigorous signs of healththroughout the organization’s ministries andprograms.“I believe these ambassadors of the gospelrepresent an interest in the Mission Networkliving up to its vision, with all congregationsand every part of the church becoming activein mission,” said Stanley Green, executivedirector and CEO of Mennonite MissionNetwork. “They represent an expansionbeyond prior capacity and reflect greater missionalengagement by congregations.“What an exciting time to be alive and to bepart of God’s mission in partnership with God’speople everywhere,” Green said. “We appreciatethe ongoing support of our constituents in theseexciting times and look forward to their continuedgenerous support.”During the 2004-2005 fiscal year, Mission Networkcontributions remained steady compared with those fromthe previous year at about $6.4 million.“Given the fact that the same dollars buy less each year,steady contributions translate to decreasing program,” saidPeter Graber, senior executive for Missional Church Advancement.“As Mennonite Church USA settles into a newrhythm, we expect that future contribution totals will trackmore closely with the expanding personal income availableto our supporters.”Contributions 63%Congregations gave69% of contributionsReserves applied tooperations 19%Program revenue 14%Other income 2%Investment income 2%Individuals gave 31%of contributionsResourcesFund-raising 7%Executive BoardFirstfruits grant 5%Support Services 12%Additional notes1. Program revenue includes funding from partnerorganizations, program fees, event fees, sale ofpublications and resources, and worker earnings.2. The total value of bequests received during the 2004-2005 fiscal year was $2,250,000.3. Cash reserves on hand as of Jan. 31, 2005, totaled $4,050,000.4. In addition to operating fund programs, $340,000 was dispensed toshort-term projects funded by special contributions.5. Mennonite Mission Network’s fiscal year 2004-2005 ran from Feb. 1, 2004, to Jan. 31, 2005.6. These numbers are preliminary based on the annual spending plan. While they are usually veryclose to the final audited figures, they are only an estimate at this time. A copy of the final figurescan be requested at Finance@MennoniteMission.net after June 1, 2005.Where Mission Network resources originateOperating income $10,220,000Congregations 4,440,000Individuals 1,970,000Program revenue 1,430,000Other income 210,000Investment income 180,000Cash reserves applied to operations 1,990,000How Mennonite Mission Network used its resourcesOperating expenses $10,220,000International ministries 3,610,000Christian Service 1,920,000Missional Church Advancement 1,540,000Mennonite Media 730,000Support services 1,180,000Fund-raising 740,000Executive Board Firstfruits grant 500,000Missional ChurchAdvancement 20%of programProgram Ministries 76%Allocating resourcesInternational Ministries46% of programChristian Service25% of programMennonite Media9% of program