2020-2021 Preliminary Financials
2020-2021 Church Budget
| Category |
2020-2021 Budget |
2019-2020 Budget |
2019-2020 Actuals |
| Income |
| General Fund |
$1,827,000 |
$1,827,000 |
$1,832,327 |
| Other |
$593,242 |
$562,265 |
$460,344 |
| Total Income |
$2,420,242 |
$2,389,265 |
$2,292,671 |
| Expenses |
| Salaries & Benefits |
$1,409,699 |
$1,377,364 |
$1,324,137 |
| Facilities |
$214,636 |
$213,680 |
$201,277 |
| Missionary |
$263,000 |
$263,000 |
$255,500 |
| Other |
$529,381 |
$530,646 |
$476,266 |
| Total Expenses |
$2,416,716 |
$2,384,690 |
$2,257,180 |
| Surplus/(Loss) |
$3,526 |
$4,575 |
$35,491 |
2020-2021 School Budget
| Category |
2020-21 LACS Budget |
2019-20 LACS Budget |
2019-20 LACS Actual |
2020-21 LACP Budget |
2019-20 LACP Budget |
2019-20 LACP Actual |
| Income |
| Tuition & Registration |
$2,499,470 |
$2,615,014 |
$2,634,171 |
$316,366 |
$519,985 |
$511,884 |
| Other |
$348,500 |
$381,790 |
$256,302 |
$14,221 |
$29,000 |
$16,718 |
| Total Income |
$2,847,970 |
$2,996,804 |
$2,890,473 |
$330,587 |
$548,985 |
$528,602 |
| Expenses |
| Salaries & Benefits |
$2,163,253 |
$2,283,652 |
$2,367,392 |
$208,674 |
$475,207 |
$460,489 |
| Other |
$705,845 |
$762,055 |
$689,029 |
$119,430 |
$141,721 |
$123,023 |
| Total Expenses |
$2,869,098 |
$3,045,707 |
$3,056,421 |
$328,104 |
$616,928 |
$583,512 |
| Surplus/(Loss) |
($21,128) |
($48,903) |
($165,948) |
$2,483 |
($67,943) |
($54,910) |
