INFORME ANUAL DEL TESORERO-2014 El informe Annual del Tesorero se presenta a la Asamblea como un compendio escrito de los logros presentes y la vision del futuro.
Ahora y en el futuro con buena Mayordomia.
Table of Contents Informe del Tesorero ........................................................................................................................................................... Logros del 2014................................................................................................................................................................ Estados Financieros ............................................................................................................................................................. Estado de Situación Comparativo (Balance Sheet Comparative) ........................................................................... Estado de Acitividades Comparativo (Statement of Acrtivities Comparative)..................................................... Proyecciones para el 2015 …….……………………………………………………………………… Graficas: Ingresos en forma de Pie……………………………………………………………………… Gastos en Forma de Pie……………………………………………………………………….. Diezmos y Ofrendas Promedios……………………………………………………………….. Trayectorias de las Reservas ………………………………………………………………… Recomendaciones hacia el Futuro……………………………………………….……………………..
Trasfondo Economico Actual Durante el 2014 con una membresia aproximada entre 50 a 75 personas Centro Cristiano Fe y Esperanza ha tenido una serie de logros significativos que le ha permitido mantenerse estable financieramente. Me place anunciarles que hoy su Iglesia y sus reservas estan en crecimiento listas para manejar cualquier reto que pueda venir.
No obstante sus logros hay camino que reccorrer el cual estaremos hablando mas en la seccion de recomendaciones hacia el futuro.
Automatizacion Para el 2014 se logro adquirir las computadoras y los programas necesarios que serviran como pilares de nuestro futuro crecimiento. Queremos asegurarles que la Iglesia cuenta con el equipo y sistemas de Iglesias con mucho mayor membresia que la nuestra y nos imparte la confianza para alcanzar cualquier reto y el crecimiento por venir. De hecho como parte del proceso comenzamos el a単o pasado con el programa de Estados de Cuentas Interino, proveyendo a los miembros un detalle de sus contribuciones a la Iglesia antes de concluir el fin de a単o. Este a単o mantedremos nuestro compromiso de transparencia fiscal y responsabilidad fiduciaria con ustedes miembros de nuestra congregacion proveyendoles estados de cuentas interinos tambien. Recientemente Yadira estuvo tomandoles fotos que serviran para alimentar el Sistema de manejo de miembros que nuestro sistema automatizado tambien nos ofrece.
Actividades y Logros 2014 El 2014 sirvio para varias actividades de evangelizacion comunitaria, comenzamos con el dia donde la Iglesia como cuerpo acudio a los apartamentos donde reside la Sra Laura Zapata para llevar oraciones que evangelizaran la comunida y compras que llenaran la necesidad. Los Hermanos Hector Y Raquel nos bendicieron tambien contactando y llenando las necesidades de los homeless. Temprano el a単o comenzo fortaleciendo la familia desde actividades de Bowling, picnics, renovaciones de votos matrimoniales, congresos de mujeres, retiro de matrimonios, varias actividades de jovenes en fin se fortalecio la familia gracias a su bondad y contribucion a esta Iglesia.
Ingresos Para poder llevar toda esta obra se necesita de su generosa aportacion es por eso que la Iglesia en su inmensa mayoria depende de esas contribuciones para poder manejar los programas de la Iglesia. (Ver adjunto graficas de Igresos)
Gastos
La partida de gastos operaciones se divide en dos renglones basicamente, el primer renglon es aquel cuya naturaleza es basicamente fijo y el Segundo renglon es aque cuya naturaleza es variable y ouede ajustarse segun requiran las circunstancias. (Ver adjunto graficas de Gastos)
CENTRO CRISTIANO FE Y ESPERANZA, INC. Balance Sheet (UNAUDITED) Consolidated - December 2014
2014
2013
Page: 1
2012
ASSETS BANK ACCOUNTS CHECKING ACCOUNTS CCFE
$
11,578 $
11,216 $
6,364
9,662
12,476
9,800
21,240
23,692
16,164
60
-
-
4,957 4,386
3,228 3,601
1,995 3,601
9,343
6,828
5,596
300
-
-
SAVINGS ACCOUNTS SAVIGNS ACCOUNT Subtotal Bank Accounts CASH ON HAND CASH FIXED ASSETS EQUIPMENT Equipment & Furniture Music Equipment Subtotal Fixed Assets OTHER ASSETS LOANS FROM MEMBERS TOTAL ASSETS
$
30,943 $
30,520 $
21,759
LIABILITIES
$
- $
- $
-
NET ASSETS UNRESTRICTED Unrestricted Net Assets TOTAL EQUITY
30,943
30,520
21,759
30,943
30,520
21,759
30,943 $
30,520 $
`
TOTAL LIABILITIES AND EQUITY
$
21,759
CENTRO CRISTIANO FE Y ESPERANZA, INC. Statement of Activities (UNAUDITED) Comparative Consolidated
2014
Amount INCOME CONTRIBUTION INCOME UNRESTRICTED TITHES OFFERINGS-GENERAL OFFERINGS-SPECIALS
$
2013 %
Amount
2012 %
Amount
%
35,242.63 11,007.41 3,350.00
69.2% $ 21.6% 6.6%
42,018.90 8,468.12 1,652.52
78.2% $ 15.8% 3.1%
25,506.63 4,994.39 0.00
79.5% 15.6% 0.0%
49,600.04
97.4%
52,139.54
97.1%
30,501.02
95.1%
DONOR RESTRICTED OFFERINGS-MISSIONS OFFERINGS-PRO TEMPLO
603.10 712.00
1.2% 1.4%
278.00 1,298.00
0.5% 2.4%
359.73 1,227.86
1.1% 3.8%
Subtotal Donor Restricted
1,315.10
2.6%
1,576.00
2.9%
1,587.59
4.9%
50,915.14
100.0%
53,715.54
100.0%
32,088.61
100.0%
$
50,915.14
100.0% $
53,715.54
100.0% $
32,088.61
100.0%
$
699.58 2.00 686.79 770.50 51.50 714.18 16,250.00 91.25
$
463.84 1.60 1,064.55 1,257.99 0.00 486.39 2,075.00 91.25
$
566.55 897.08 368.65 1,215.50 0.00 463.17 1,425.00 69.33
Subtotal Unrestricted
Subtotal Contribution Income
TOTAL INCOME EXPENSES FIXED EXPENSES ADMINISTRATIVE EXPENSE ADVERTISING Other Advertising Bank Charges Office Supplies Church Supplies Postage Comprehensive Insurance Professional Services License & Permits INTERNET Website Furniture & Fixture Musical Instruments Computer Hardware Computer Software
133.97
880.80 410.00
Subtotal Administrative Expense BUILDING & GROUNDS Lease Church Facilities UTILITIES Electricity Water & Sewer
40.6%
6,673.83
12.4%
10,600.97
33.0%
21,812.00
42.8%
21,141.91
39.4%
10,760.72
33.5%
1,937.86
BUILDING MAINTENANCE Janitorial Supplies Cleaning Service Repairs/Maintenance
1,670.21 88.29 3.8%
162.90 100.00 845.81
Subtotal Building Maintenance
Subtotal Building & Grounds VEHICLES Vehicle Fuel $
0.00 1,995.15 3,600.54 0.00 0.00
20,690.57
1,869.86 68.00
Subtotal Utilities
Subtotal Fixed Expenses
0.00 1,233.21 0.00 0.00 0.00
1,758.50
850.09 44.94 3.3%
85.82 95.44 276.60
895.03
2.8%
81.72 90.88 263.40
1,108.71
2.2%
457.86
0.9%
436.00
1.4%
24,858.57
48.8%
23,358.27
43.5%
12,091.75
37.7%
495.82
1.0%
351.79
0.7%
335.00
1.0%
23,027.72
71.8%
46,044.96
90.4% $
30,383.89
56.6% $
CENTRO CRISTIANO FE Y ESPERANZA, INC. Statement of Activities (UNAUDITED) Comparative Consolidated
2014 Amount VARIABLE EXPENSES MISSIONS DEPARTMENT Missions Benevolence CHRISTIAN EDUCATION Children Sunday School Youth Sunday School
$
0.00 392.50
2013 %
0.0% $ 0.8%
39.00 4.22
Subtotal Christian Education MEDIA Media Equipment MUSIC Music Supplies Musician Fees
1.0% $ 1.7%
744.13 192.50
%
2.3% 0.6%
35.44 0.00
43.22
0.1%
37.22
0.1%
35.44
0.1%
352.95
0.7%
252.65
0.5%
240.59
0.7%
224.98
EVANGELISM/OUTREACH Preacher Expenses Speaker Expenses Guest Musicians Revivals Special Events Church Aniversary SPECIAL OFFERING Married Couples Ministry Women's Ministry Youth Ministry Kids Ministry
563.74 924.03
Amount
37.22 0.00
114.98 110.00
Subtotal Music
2012 %
Amount
0.00 0.00
0.4%
710.00 815.00 400.00 27.26 1,219.44 1,020.23 355.00 2,594.30 231.92 414.68 350.58
0.00
0.00 0.00
0.0%
1,385.00 850.00 400.00 0.00 352.37 730.31 0.00 0.00 200.75 86.47 184.65
0.00
0.0%
2,185.00 0.00 400.00 0.00 479.14 307.71 0.00 0.00 272.96 117.58 251.07
8,138.41
16.0%
4,189.55
7.8%
4,013.46
12.5%
50.00 50.00
0.1%
0.00 47.73
0.1%
0.00 64.89
0.2%
Subtotal Recreation
100.00
0.2%
47.73
0.1%
64.89
0.2%
MINISTRY EXPENSE Kitchen Supplies Kitchen Food & Beverage Church Supplies
22.79 319.89 52.81
Subtotal Ministry Expense
395.49
0.8%
358.48
0.7%
487.45
1.5%
8,633.90
17.0%
4,595.76
8.6%
4,565.80
14.2%
128.91
0.3%
989.91
1.8%
0.00
0.0%
Subtotal Evangelism/outreach RECREATION Fellowship Meals Church Picnics
Subtotal Departments/committees OTHER EXPENSES CONVENTIONS & SEMINARS Seminars & Training Miscellaneous Expense Subtotal Variable Expenses
$
$
BEGINNING FUND BALANCE TRANSFERS FROM RESERVES TRANSFERS TO FIXED ASSETS ENDING FUND BALANCE
$
19.2% $
13.7% $
70.3%
-9.6% $
15,968.34
29.7% $
30,520.03 2,814.46 2,514.46
59.9% 5.5% 4.9%
21,759.37 (8,440.89) 1,233.21
30,942.67
60.8% $
30,520.03
-4,906.28
109.6%
7,363.3
29.58 389.34 68.53
37,747.20
55,821.42
TOTAL EXPENSES
CHANGE IN CASH
9,776.5
21.75 286.33 50.40
40.5% -15.7% 2.3% 56.8% $
5,778.5
18.0%
28,806.18
89.8%
3,282.43
10.2%
12,881.25 0.00 5,595.69
40.1% 0.0% 17.4%
21,759.37
67.8%
Centro Cristiano Fe y Esperanza Proyecto de Presupuesto-2015 Proyecciones 12/31/2015 (2% Aumento)
INGRESOS No Restringidos Diezmos Ofrendas Generales Ofrendas Especiales Programas Computadoras Retiro Matrimonio
$ $
Retringidos Ofrendas Misiones Ofrendas Pro Templo
TOTAL DE INGRESOS
36,013.90 13,248.41 557.60 306.00 2,611.20 52,737.11 759.02 791.52 1,550.54
$ $
54,287.65
GASTOS GASTOS FIJOS Gastos Administrativos Promociones Cargos Bancarios Supplies de Oficina Supplies de la Iglesia Santa Cena Otros Correo y Franqueo Seguros Comprensivo Otros Gastos Profesionales (Estipendio Pastoral) Licensias y Permisos Internet/Website Equipos y Muebles Instrumentos/Equipos Musicales Gastos de Computadoras Equipo Programas-Power Church Subtotal Gastos Adm
410.00 19,181.74
Edificio & Mantenimiento Renta Iglesia
22,146.24
Utilidades Electricidad Acueductos & Alcantarillado Subtotal de Utilidades Mantenimienro de Edificio Supplies de Limpieza/Generales Supplies de Limpieza/Detergentes Reparaciones & Mantenimiento Subtotal de Mantenimiento Vehiculos Gasolina Renta de Vehiculos Subtotal de Vehiculos SUBTOTAL DE GASTOS FIJOS
135.43 2.04 701.37 841.47 107.44 621.74 16,146.00 91.25 125.00 -
1,749.56 92.48 1,842.04
122.29 136.00 394.14 652.43
501.27 501.27 44,323.72
Centro Cristiano Fe y Esperanza Proyecto de Presupuesto-2015 Proyecciones 12/31/2015 GASTOS VARIABLES Departamentos y Comites Misiones Benevolencia Educacion Cristiana Escuela Dominical Niños Medios Electronicos Equipo de medios Musica Supplies de Musica Estipendios de Musicos Subtotal de Departamentos y Comites
153.00 200.00 1,721.42
Evangelismo y Predicación Gastos de Predicador Invitados Conferenciantes Grupos de Musicos Invitados Actividades Especiales Aniversario Ofrendas Especiales Ministerio de Matrimonios Ministerio de Damas Ministerio de Jovenes Ministerio de Niños Subtotal de Evangelismo y Predicacion
969.00 831.30 408.00 604.11 1,040.63 362.10 2,646.19 286.05 123.22 263.11 7,533.70
759.02 196.35 53.04 360.01
Ministerios Recreacion Picnics de la Iglesia Gastos de Ministerios Supplies Cocina Comida & Bebidas Supplies Iglesia Platos, Cubiertos & Servilletas Subtotal de Ministerios
68.00 30.99 408.00 71.82 578.82
Otros Gastos Convenciones & Seminarios Seminarios & Trainings Gastos Miscelaneos Subtotal de Otros Gastos
130.00 130.00
SUBTOTAL DE GASTOS VARIABLES
9,963.93
TOTAL DE GASTOS
EXCESO/(DEFICIT) DE INGRESOS SOBRE GASTOS
54,287.65
$ $
(0.00)
CENTRO CRISTIANO FḖ Y ESPERANZA, INC. NOTES TO FINANCIAL STATEMENTS December 31, 2014, 2013 and 2012 Pro‐forma Projections; December 31, 2015 NOTE A‐ NATURE OF ACTIVITIES AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES NATURE OF ACTIVITIES Centro Cristiano Fé y Esperanza, Inc (the Church) was organized in 2011 and is a not for profit organization located in Orlando, Florida. The Church is dedicated to establishing and maintaining the public worship of God and to promoting the evangelical faith in accordance with the principle and doctrines of the Holy Scriptures. The Church is supported primarily through contributions from the congregation and provides various programs to its members and the community including Christian education, pastoral counseling, missions and other special programs to the youth and to the community. Revenue Recognition Contributions received are recorded as unrestricted, temporarily unrestricted or permanently restricted support, depending of the existence and/or nature of any donor restrictions. Contributions received with donor‐imposed restrictions that are met in the same year in which contributions are received are classified as unrestricted contributions. All donors –restricted contributions are reported as an increase in temporarily or permanently restricted net assets depending on the nature of the restriction. When a restriction expires, temporarily restricted net assets are reclassified to unrestricted net assets and reported in the statement of activities as net assets released from restrictions. Contributed Services The church receives a substantial amount of services donated by its members in carrying out the church ministry. No amounts have been reflected in the financial statements for those services since they do not meet the criteria for recognition under SFAS No 116, Accounting for Contributions Received and Contributions made. Accounting Basis The church use the cash-basis system under its current automatized church management software to track its revenues and expenses. It is contemplated in the future as the church continues to grow and surpass 500 members to change and begins using the accrual method.
CENTRO CRISTIANO FḖ Y ESPERANZA, INC. NOTES TO FINANCIAL STATEMENTS‐CONTINUED Property and Equipment Property and Equipment acquisitions are recorded at cost or if donated at fair value at the date of the gift. Property and Equipment with a useful life of more than one year and an acquisition cost of $75.00 or more is capitalized, according to its actual accounting policies and procedures. Depreciation is provided over the estimated useful life of each depreciable asset and is computed using straight –line method over the estimated useful life of the equipment. Amortization is included in depreciation and amortization in the financial statements. The estimated useful lives of property and equipment are as follows: Land and improvements 5‐25 years Buildings 25‐40 years Furniture and Fixture 2-7 years Equipment and vehicles 2‐10 years Software and Hardware 2-5 years Income Taxes The Church is a not‐for‐profit religious organization exempt from income taxes under the provision of the State of Florida. Federal Tax exemption under section 501 © (3) of the Internal Revenue Code will be applied in the near future; thereto no provision for income taxes has been made in these financial statements. Cash and Cash Equivalent Cash and cash equivalents include all monies in banks and highly liquid investments with maturity dates of less than 12 month. The carrying value of the cash equivalents approximates fair value because of the short maturities. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles require management to make estimates and assumption that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.
CENTRO CRISTIANO FḖ Y ESPERANZA, INC. NOTES TO FINANCIAL STATEMENTS‐CONTINUED NOTE B –FIXED ASSETS The church presents their fixed assets at cost for financial purpose. No depreciation under the current accounting system has been computed for this Financial Statement presentation. NOTE C‐ INTENTIONS TO GIVE The church does not asks the members of the congregations to submit pledges cards indicating the donations the members intend to give for the designated purpose during the upcoming year. In case the church as their members for any pledge cards it will clearly indicates that is to be used for the Church budgetary purpose only and that the members may rescind the pledge at any time. Since the pledges do not meet the criteria for revenue recognition under SFAS No 116 they are not reflected as contributions in the statement of activities until the pledge are collected. NOTE D‐ FUNCTIONAL ALLOCATION OF EXPENSES The costs of providing the various programs and other activities have been summarized on a functional basis in the statement of activities. Accordingly certain cost have been allocated among the programs and supporting services benefited. NOTE E‐LEASE OBLIGATIONS The church has a lease agreement for its current facilities. NOTE F‐CONTRUCTION IN PROGRESS The church has not a construction in progress account at the moment neither is in the construction planning stages for now. NOTE G‐ LONG TERM DEBT The church has not a Long Term Debt at the moment.
NOTE H‐ LAWSUIT SETTLEMENT No lawsuit is known at the moment.
Centro Cristiano Fe y Esperanza Contribuciones de los Miembros
Misiones 1% Ofrendas Especiales 7%
Pro Templo 1%
Ofrendas Generales 22% Diezmos 69%
Centro Cristiano Fe y Esperanza Gastos de la Iglesia
25000
20000
15000
OTHER EXPENSES MINISTRY EXPENSE
10000
RECREATION EVANGELISM/OUTREACH MEDIA
5000
MISSIONS VEHICLE FUEL BUILDING & GROUNDS
0 1
ADMINISTRATIVE EXPENSE 2
3
ADMINISTRATIVE EXPENSE
BUILDING & GROUNDS
VEHICLE FUEL
MISSIONS
EVANGELISM/OUTREACH
RECREATION
MINISTRY EXPENSE
OTHER EXPENSES
MEDIA
Centro Cristiano Fe y Esperanza Fund Balance (Reservas) 35000
2012
2013
30000
25000 2011
Axis Title
20000
15000
10000
5000
0 ENDING FUND BALANCE
Recomendaciones Hacia el Futuro.
1. El crecimiento de membresia ayuda al proceso de minimizar el impacto de gastos fijos, esto es posible a través de diferentes campañas. 2. Solicitar la exencion federal major conocida como 501 ( c ) (3) facilita la obtencion de otras fuentes de ingresos como los grants. 3. Considerar otros modelos usados como el “profit arm” o una empresa lucrativa que la iglesia maneje que permita transferir ciertos gastos fijos. 4. Mantener y explorar diferentes medios de comunicacion continua con la membresia tales como las redes sociales, postcards, los periodicos a los miembros, etc. 5. Incentivar y auspiciar la participacion de los miembros para obtener servicios a traves de los mismos hermanos que se dediquen a diferentes actividades, 6. Por ejemplo soldar, mecanica, handyman, pre legal y notarizacion, tutorias, pintura, manejo de equipo pesado, grupos musicales,etc.