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Fall 2018

Bi-Annual Report for Prince of Peace Lutheran Church in Palatine, Illinois

Bi-Annual Report for Prince of Peace Lutheran Church in Palatine, Illinois

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POPFinancials<br />

Year-To-Date (YTD) through October 31<br />

<strong>2018</strong> has been a challenging year on the income<br />

side, but it is on the upswing. Can you step into<br />

the gap and help POP finish strong?<br />

1,500,000<br />

1,200,000<br />

900,000<br />

600,000<br />

300,000<br />

Prince of Peace<br />

YTD Income<br />

250,000<br />

200,000<br />

150,000<br />

100,000<br />

50,000<br />

Crosspoint<br />

Where do your offering dollars go?<br />

Prince of Peace’s annual budget, approved by the<br />

congregation at our December Voters Meeting,<br />

determines our spending plan each year.<br />

Here’s what it looks like for <strong>2018</strong>:<br />

Invest With Courage<br />

inside POP<br />

Staff:<br />

$1,103,332<br />

Administration:<br />

$156,700<br />

Building & Grounds:<br />

$203,300<br />

Worship:<br />

$28,750<br />

Programs:<br />

$103,435<br />

Training/Consultant:<br />

$35,000<br />

0<br />

Budget<br />

Actual<br />

0<br />

Budget<br />

Actual<br />

Budget:<br />

$1,327,875<br />

Actual:<br />

$1,190,214<br />

Budget<br />

Actual<br />

Crosspoint:<br />

$124,200<br />

Dei Campaign:<br />

$100,973<br />

Crosspoint:<br />

$101,767<br />

Dei Campaign:<br />

$102,412<br />

The Prince of Peace staff continues to exercise<br />

great stewardship of what God has given Controlling<br />

expenditures helps us minimize the deficit that<br />

would be created by this year’s income gap.<br />

1,500,000<br />

1,200,000<br />

900,000<br />

600,000<br />

300,000<br />

0<br />

Prince of Peace<br />

Budget<br />

YTD Expenses:<br />

Actual<br />

Budget:<br />

$1,480,816<br />

Actual:<br />

$1,406,133<br />

250,000<br />

200,000<br />

150,000<br />

100,000<br />

50,000<br />

0<br />

Crosspoint<br />

Budget<br />

Actual<br />

Budget:<br />

$225,173<br />

Actual:<br />

$204,179<br />

Crosspoint:<br />

$269,073<br />

LCMS-NID:<br />

$43,000<br />

Lutheran Church Charities:<br />

$5,000<br />

Home Missions:<br />

$10,000<br />

Grace Christian Academy:<br />

$10,000<br />

Mission Grants:<br />

$18,700<br />

Put Others First<br />

Crosspoint and Missions<br />

Palatine Township:<br />

$1,900<br />

Palatine Opportunity Center:<br />

$5,000<br />

Journeys the Road Home:<br />

$3,000<br />

Local School Missions:<br />

$2,000<br />

Serving Projects:<br />

$3,500<br />

Walcamp:<br />

$2,000<br />

Wycliffe (Ladish Family:)<br />

$7,000<br />

Exodus World Service:<br />

$1,000<br />

Together Mission<br />

(Baker Family:) $5,000<br />

Feed My Starving Children:<br />

$1,500<br />

PATH:<br />

$2,500<br />

<strong>2018</strong> Budget: $2,024,690<br />

Haiti Missions:<br />

$4,000<br />

FALL <strong>2018</strong> | PRINCE OF PEACE LUTHERAN CHURCH 15

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