Our giving in January and February was good, but the giving in March and April was down substantially, and donated giving for the year is running below any of the last five years’ totals. Jacob’s Learning Ladder and the food ministry are each running positive numbers and contributing to our totals. But Grace is using a substantial amount of the cash forward that we budgeted for this year. As of the end of April we have used a little more than $50,000 of the $85,000 cash forward from last year. Please see the accompanying graph for 2024. The Blue Bar represents our Regular Income for this year that includes donations and the net food and Jacob’s income. The Red Bar shows our Operating Expenses for 2024. The Green Bar includes the Cash Forward we carried from 2023.
We have had some unexpected expenses this year. We had to spend about $9,000 to put in a new fire monitor system, because the system from 1998 was not functioning properly. We spent $1,100 dollars to replace power equipment that was stolen out of the garage during a recent break in, and the state has initiated some new inspection protocols that will double what we normally spend on inspection fees for the facility. We have not used any of the Endowment or Long-Term Maintenance funds that we allocated in the budget for this year. So, clearly, we are not in a desperate situation yet. We don’t want to reach a challenging financial situation, so we do need your help now as Grace answers the call to serve God’s people. Help us support and sustain our ministries to the community and beyond. Your gifts of financial support, time, and talent are crucial to us as we move forward through the rest of this year. Thank you for your support and participation in God’s ministries through Grace.
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