Financials
All financials current as of May 31, 2024.
We believe it is important to be transparent about the resources we are entrusted with.
If you have any questions please reach out to Garen McConnell at garenmcconnell@soulcitychurch.com
STATEMENT OF ACTIVITIES
| Actual | Budget | % of Budget | |
|---|---|---|---|
| Total Revenue | $4,076,454 | $3,666,667 | 111.18% |
| Total Expense | $4,281,493 | $3,483,333 | 122.91% |
| Net Income | -$205,039 | $183,333 |
FINANCIAL POSITION
| Cash/ Current Assets | $1,019,702 | |
|---|---|---|
| Fixed Assets | $15,695,369 | |
| Total Assets | $16,715,071 | |
| Current Liabilities | $133,907 | |
|---|---|---|
| Long Term Liabilities | $7,074,252 | |
| Total Liabilities | $7,208, 159 | |
|---|---|---|
| Total Equity | $9,506,912 | |
| Total Liabilities and Equity | $16,715,071 | |
