CBFNC Operating Budget

2009 - 2010 Budget Year:

April 2009 - March 2010 Budget, approved March 21, 2009


Financial Reports for April 2009-March 2010 Budget Year:

Monthly Budget Goal: $98,798

April:            Undesignated: $133,638    Designated: $218,167
May:             Undesignated: $92,239      Designated: $131,779
June:            Undesignated: $81,367      Designated: $160,155
July:             Undesignated: $129,985    Designated: $194,450
August:        Undesignated: $54,974      Designated: $108,934
September:  Undesignated: $88,960      Designated: $160,207
October:       Undesignated: $139,151    Designated: $243,716
November:    Undesignated: $61,355     Designated: $105,710
December:    Undesignated: $132,594   Designated: $256,989

 

  

Previous Budget Year Information

2008 - 2009 Budget Year:

2008-2009 Yearly Budget Report
budget graphDuring the 2008-2009 budget year:

~ For the first time, undesignated gifts exceeded $1 million, an increase of 11%.

~ Designated gifts increased 35%.

~ Also for the first time, total gifts exceeded $3 million and increased 26%.

CBFNC continues to be gratified by the trust congregations are placing in us as evidenced by growth in giving of all types. We are taking great care to be good stewards of these resources through the ministries we coordinate and the cultivation of positive relationships with our cherished ministry partners.


April 2008 - March 2009 Budget, approved April 12, 2008

 

Financial Reports for April 2008-March 2009 Budget Year:
Monthly Budget Goal: $90,746
April: Undesignated: $102,968 Designated: $204,752
May: Undesignated: $84,439 Designated: $126,250
June: Undesignated: $96,228 Designated: $143,524
July: Undesignated: $62,964 Designated: $95,880
August: Undesignated: $63,850 Designated: $120,794
September: Undesignated: $96,640 Desingated: $126,937
October: Undesignated: $106,145 Designated: $145,206
November: Undesignated: $72,816 Designated: $86,048
December: Undesignated: $102,985 Designated: $177,721
January: Undesignated: $129,469 Designated: $400,326
February: Undesignated: $72,195 Designated: $164,994
March: Undesignated: $61,275 Designated: $130,714


Cooperative Giving Options Still Available Through CBFNC
On November 12, messengers to the Baptist State Convention of North Carolina voted 431-354 to eliminate any possibility of contributions to the Cooperative Baptist Fellowship through the convention's new single giving plan. Read more.

 


2007-2008 Yearly Budget Report

At the 2008 General Assembly business session, participants approved a 2008-2009 program budget of $1.1 million, up 19% from the previous year's budget of $915,000. During the 2007-2008 fiscal year, CBFNC received $2.4 million, including funds channeled to CBF national, Baptist colleges and institutions in North Carolina, and other ministry partners.

During the 2007-2008 budget year, CBFNC saw the following increases in giving:

Undesignated Gifts: Increase of $135,384 or 17%

Designated Gifts: Increase of $597,623 or 70%

Total Gifts: Increase of $733,007 or 44%

CBFNC continues to be gratified by the trust congregations are placing in us as evidenced by growth in giving of all types. We are taking great care to be good stewards of these resources through the ministries we coordinate and the cultivation of positive relationships with our cherished ministry partners.

2007-2008 Contribution Report

Financial Reports for April 2007-March 2008 Budget Year:
Monthly Budget Goal: $76,255

budget08April: Budget: $62,827 Other: $78,948
May: Budget: $99,244 Other: $107,580
June: Budget: $62,483 Other: $76,255
July: Budget: $69,041 Other: $92,814
August: Budget: $84,648 Other: $102,678
Sept: Budget: $50,574 Other: $51,111
October: Budget: $94,732 Other: $108,447
November: Budget: $77,036 Other: $113,600
December: Budget: $66,368 Other: $108,760
January: Budget: $140,855 Other: $371,140
February: Budget: $76,021 Other: $137,031
March: Budget: $65,021 Other: $116,013

YTD: Budget: $948,849 Other: $1,455,378

 


Previous 2007-2008 Budget

 

Previous Budget 2006 - 2007

 

 

  

Churches - Tax Exempt and Charitable Status

Several churches have expressed a concern as to whether they are a tax exempt organization and whether contributions to their organization are tax deductible by the contributor. A review of United States Internal Revenue Service (IRS) documents will prove that these concerns are unfounded. Read more.

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