COMMENTARY
• Comparing our total income ($79,626.64) and total expenses ($52,745.29) gives a positive impression but that is because of the additional sources of income: Culinary ($8,000); Blessings ($1566.57) and Endowment ($22,006).
• Comparing offering and gifts ($48,054.07) to expenses ($52,745.29) gives a slightly different view.
• The endowment contribution of $22,006 is primarily for our church insurance policy. Thanks to the effort of Rochelle Evanousky working with a local insurance agent, our new policy with ample coverage came in just under $14,000 this year.
•We expect another oil bill soon for about $7,000.
•The anticipated oil bill and insurance payment are not reflected in these numbers.
•Thank you for your support of Zion’s life-changing ministries.
