A monthly snapshot of our current financial position. These metrics reflect March YTD transactions posted as of April 28, 2020. Send questions and comments to FAQ@mbchurches.ca.

Year-to-date Income (Actual v. Budget)

CCMBC is currently $158,890 short of year-to-date budgeted income.

Notes:

  1. Provincial support is $220,735 below budget. Some provinces pay quarterly, with the first payment coming in April.
  2. MB church plants received $52,054 of unbudgeted donations, offsetting the $66,584 expense, resulting in a $14,530 shortfall.
  3. An additional $96,150.23 from provinces was received in April (or in transit). Accounting for this, the year to date difference is ($62,739.77).

Year-to-date Expenses (Actual v. Budget)

CCMBC is currently $63,626 above year-to-date budgeted expenses.

Notes:

  1. A full-year insurance payment occurred earlier in the year.
  2. Travel expenses for future months also occurred earlier in the year.
  3. Although expenses year to date are higher than budget. They are in keeping with the annual budget.

Year-to-date Expenses by Category

Notes:

  1. Collaborative Model includes National Director, National Faith and Life Team, National Ministry Team, National Assembly, National Assembly Executive, and the Centre for MB Studies.
  2. MB family partner support includes ICOMB, MB Seminary, ETEQ, MB Historical Commission, and the Leadership Training Matching Grant.