| 2007-08 BUDGET VS ACTUAL | 2008-09 BUDGET RECOMMENDATION | ||||||||||
| 2007-08 | 2007-08 | 2008-09 | |||||||||
| BUDGET | ACTUAL | BUDGET | |||||||||
| INCOME | |||||||||||
| 14000 · INCOME | |||||||||||
| 14010 · Donations | |||||||||||
| 14012 · Church Donations | |||||||||||
| 12101 · Churches to PLCC | 10,000.00 | 12,968.96 | 10,000.00 | ||||||||
| 14025 · Churches to IBC | 135,000.00 | 119,022.13 | 130,000.00[1] | Increase reflects "5+2" church responses | |||||||
| 14026 · Churches to Church Planting | 15,000.00 | 20,826.45 | 18,000.00 | ||||||||
| Total 14012 · Church Donations | 160,000.00 | 152,817.54 | 158,000.00 | ||||||||
| 14040 · Individual Donations | 128,141.00 | 59,388.88 | 50,332.00[2] | After all projected income and expenses are recorded, this is the last amount calculated as to what is needed to balance the budget. | |||||||
| Total 14010 · DONATIONS | 288,141.00 | 212,206.42 | 208,332.00 | ||||||||
| 14015 · Operations | |||||||||||
| 12200 · IBC Events | |||||||||||
| 12103 · Time Share | 113,500.00 | 124,521.01 | 125,000.00[3] | Reflects 14 churches currently participating in TimeShare | |||||||
| 12210 · Summer Camps | 86,294.00 | 64,410.00 | 65,000.00 | ||||||||
| 12220 · Retreats | 29,500.00 | 25,489.75 | 25,000.00 | ||||||||
| Total 12200 · IBC Events | 229,294.00 | 214,420.76 | 215,000.00 | ||||||||
| 12340 · Non-IBC Events | |||||||||||
| 12345 · Repeat Business | 74,000.00 | 77,959.80 | 78,000.00 | ||||||||
| 12350 · New Business | 16,000.00 | 18,994.00 | 6,500.00 | ||||||||
| Total 12340 · Non-IBC Events | 90,000.00 | 96,953.80 | 84,500.00[4] | Reduction reflects the loss of a previously scheduled rental week of camp. | |||||||
| 12355 · Retail Sales | 15,000.00 | 17,024.94 | 16,280.00 | ||||||||
| Total 14015 · OPERATIONS | 334,294.00 | 328,399.50 | 315,780.00 | ||||||||
| 14035 · Other | |||||||||||
| 14044 · Misc Income | 2,000.00 | 1,437.61 | 1,200.00 | ||||||||
| 14212 · CD Interest Income | 4,700.00 | 6,238.21 | 1,500.00 | ||||||||
| Total 14035 · OTHER | 6,700.00 | 7,675.82 | 2,700.00 | ||||||||
| Total 14000 · INCOME | |||||||||||
| TOTAL INCOME | 629,135.00 | 548,281.74 | 526,812.00 | ||||||||
| EXPENSES | |||||||||||
| 15000 · FULL TIME SUPPORT STAFF | |||||||||||
| 15100 · IBC Transition Director | |||||||||||
| 15101 · Salary - Transition Direc | 24,418.00 | 24,418.00 | 25,706.00 | ||||||||
| 15102 · Housing - Transition Direc | 31,000.00 | 31,000.00 | 31,000.00 | ||||||||
| 15110 · Life Ins - Transition Direc | 575.00 | 575.00 | 575.00 | ||||||||
| 15120 · Retirement - Trans Direc | 9,836.00 | 9,836.00 | 10,062.00 | ||||||||
| Total 15100 · IBC Transition Director | 65,829.00 | 65,829.00 | 67,343.00[5] | Reflects a 2.3% cost of living increase | |||||||
| 15300 · IBC Admin Compensation | |||||||||||
| 15301 · Salary - ADM | 42,396.00 | 42,396.00 | 43,372.00 | ||||||||
| 15320 · Retirement - ADM | 2,739.00 | 2,739.00 | 2,801.00 | ||||||||
| Total 15300 · IBC Admin Comp | 45,135.00 | 45,135.00 | 46,173.00[6] | Reflects a 2.3% cost of living increase | |||||||
| 15340 - Part-Time Office Staff | |||||||||||
| Total 15340 · PT Office Staff | 0.00 | 280.00 | 3,200.00[7] | This position will serve as summer camp registrar. | |||||||
| 15380 · Office Manager Comp | |||||||||||
| 15381 · Salary - OM | 34,900.00 | 18,904.20 | 0.00 | ||||||||
| Total 15380 · Office Manager Comp | 34,900.00 | 18,904.20 | 0.00[8] | Reduction reflects elimination of full-time office manager position - replaced with 1) summer camp registrar and 2) outsourced accounting services | |||||||
| 15900 · Camp Director | |||||||||||
| 15901 · Salary - Camp Director | 37,216.00 | 37,216.07 | 38,071.00 | ||||||||
| 15915 · Health Ins - Manager | 0.00 | ||||||||||
| 15916 · Retirement - Camp Direc | 2,233.00 | 2,232.96 | 2,285.00 | ||||||||
| Total 15900 · Camp Director | 39,449.00 | 39,449.03 | 40,356.00[9] | Reflects a 2.3% cost of living increase | |||||||
| Total 15000 · FT SUPPORT STAFF | 185,313.00 | 169,597.23 | 157,072.00 | ||||||||
| 15500 · ADMINISTRATIVE EXPENSES | |||||||||||
| 15125 · Auto Allowance--DEM | 5,500.00 | 7,066.09 | 4,400.00 | ||||||||
| 15126 · Other Travel--DEM | 0.00 | ||||||||||
| 15130 · Meals & Lodging--DEM | 1,800.00 | 3,190.97 | 2,750.00 | ||||||||
| 15135 · Hospitality--DEM's wife | 720.00 | 354.70 | 600.00 | ||||||||
| 15140 · BGC--DEM's Meetings | 1,350.00 | 1,217.96 | 1,101.00 | ||||||||
| 15145 · BGC--Annual Meeting - DEM | 1,000.00 | 1,822.47 | 500.00 | ||||||||
| 15321 · BGC Annual Meeting--ADM | 800.00 | 0.00 | 0.00[10] | Reduction means IBC ADM will not attend the BGC Ann Mtg | |||||||
| 15370 · Employers Share-SS & Medicare | 15,673.00 | 14,775.31 | 13,200.00[11] | Reduction reflects elimination of full-time office manager position | |||||||
| 15514 · Staff Competency/Conf | 3,000.00 | 2,003.84 | 983.00[12] | Reduction means that staff will attend no major or national conferences, i.e., 3CA | |||||||
| 15515 · Staff Travel Allowance | 2,500.00 | 2,212.96 | 1,891.00 | ||||||||
| 15516 · Staff Expenses | 1,500.00 | 2,521.30 | 1,895.00 | ||||||||
| 15520 · Ins--Liability/WkComp/Auto | 24,000.00 | 25,319.08 | 25,530.00 | ||||||||
| 15530 · Equipment | 5,100.00 | 5,771.77 | 5,697.00 | ||||||||
| 15532 · Technology and Upgrades | 1,000.00 | 572.73 | 728.00 | ||||||||
| 15535 · Supplies | 4,000.00 | 4,935.49 | 4,390.00 | ||||||||
| 15540 · Annual Fees | 5,500.00 | 5,331.45 | 5,746.00 | ||||||||
| 15545 · Telephone | 4,500.00 | 5,070.16 | 4,609.00 | ||||||||
| 15550 · Postage & Freight | 5,400.00 | 3,424.13 | 3,621.00[13] | ||||||||
| 15555 · Publications | 4,500.00 | 4,602.60 | 2,500.00[14] | Reduction reflects elimination of a hard copy IBC Newsletter. Replaced with Email News | |||||||
| 15560 · Purchased Services | 5,000.00 | 5,028.16 | 6,600.00[15] | Increase includes outsourcing accounting services @ $300/mo and computer technology services @ $200/mo | |||||||
| 15565 · Miscellaneous | 1,000.00 | 247.36 | 353.00 | ||||||||
| 15570 · Health Insurance | 32,219.00 | 31,268.76 | 33,672.00 | ||||||||
| Total 15500 · ADMINISTRATIVE EXPENSES | Total ADMINISTRATION | 126,062.00 | 126,737.29 | 120,766.00 | |||||||
| 15600 · PROGRAM | |||||||||||
| 15651 · Program Director | 4,750.00 | 4,750.00 | 4,751.00 | ||||||||
| 15670 · Program Staff | 42,500.00 | 40,318.40 | 33,000.00[16] | Reduction reflects the elimination of 2 Lead Counselor positions and reduced weekly pay for summer program staff | |||||||
| 15681 · Program Speakers | 7,050.00 | 7,784.83 | 2,000.00[17] | Reduction reflects the use of volunteer speakers at summer camps. (Could decrease more by utilizing volunteer speakers at Men's and Women's retreats.) | |||||||
| 15683 · Program Expenses | 7,250.00 | 7,057.32 | 6,922.00 | ||||||||
| 15685 · Camp Store Stock | 14,000.00 | 13,114.40 | 12,661.00 | ||||||||
| Total 15600 · PROGRAM | Total PROGRAM | 75,550.00 | 73,024.95 | 59,334.00 | |||||||
| 15700 · FOOD SERVICE | |||||||||||
| 15750 · Food Service Manager | |||||||||||
| 15751 · Salary - Food Service Manager | 21,700.00 | 23,635.00 | |||||||||
| 15750 · Food Service Manager | 21,700.00 | 23,933.29 | 23,635.00 | ||||||||
| 15760 · Food Service Staff | 20,980.00 | 16,680.75 | 15,893.00 | ||||||||
| 15770 · Food | 62,210.00 | 52,863.32 | 53,500.00 | ||||||||
| 15780 · Food Service Supplies | 3,500.00 | 3,249.61 | 3,401.00 | ||||||||
| Total 15700 · FOOD SERVICE | Total FOOD SERVICE | 108,390.00 | 96,726.97 | 96,429.00 | |||||||
| 15800 · OPERATIONS/MAINTENANCE | |||||||||||
| 15920 · On-Season Maintenance Staff | 7,300.00 | 6,865.00 | 7,300.00 | ||||||||
| 15930 · Off Season/On call | 2,000.00 | 2,664.67 | 2,495.00 | ||||||||
| 15935 · Laundry | 2,000.00 | 1,198.09 | 1,475.00 | ||||||||
| 15936 · Housekeeping Supplies | 3,250.00 | 1,579.96 | 1,619.00 | ||||||||
| 15940 · Utilities | 28,000.00 | 31,897.22 | 30,729.00 | ||||||||
| 15950 · Garbage | 1,300.00 | 1,471.25 | 1,524.00 | ||||||||
| 15960 · Repairs/Maintenance | 10,000.00 | 18,447.38 [18] | 10,910.00 | Increased expense (07-08) reflects several major facility repairs. | |||||||
| 15970 · Equipment Maintenance | 5,000.00 | 7,291.79 | 6,488.00 | ||||||||
| 15980 · Pool Maintenance | 3,000.00 | 2,454.58 | 2,419.00 | ||||||||
| 15982 · Facilities Improvement | 6,000.00 | 4,277.74 | 4,279.00 | ||||||||
| 15984 · Facilities Equipment | 2,500.00 | 1,862.58 | 1,862.00 | ||||||||
| 15990 · Miscellaneous | 300.00 | 500.00 | 442.00 | ||||||||
| 15995 · Champion Development | 1,000.00 | 394.23 | 500.00 | ||||||||
| Total 15800 · OPERATIONS/MAINTENANCE | Total OPERATIONS | 71,650.00 | 80,904.49 | 72,042.00 | |||||||
| 16000 · MOBILIZING | |||||||||||
| 15775 · Heart Partners | 4,000.00 | 1,096.97 | 2,000.00 | ||||||||
| 16030 · Bi-Monthly LEAD Teams | 4,500.00 | 2,540.27 | 0.00 | ||||||||
| 16035 · Mobilization Materials | 3,000.00 | 2,053.02 | 0.00 | ||||||||
| 16045 · Special Projects | 1,500.00 | 1,005.91 | 0.00 | ||||||||
| 16055 · National Training Events | 4,500.00 | 2,342.65 | 0.00 | ||||||||
| 16060 · BOO and BOO Ministry Teams | 700.00 | 455.24 | 0.00 | ||||||||
| 16065 · Director of Mobilization | 3,600.00 | 2,100.00 | 0.00 | ||||||||
| 16702 · Pinnacle Ministry | 1,200.00 | 1,200.00 | 0.00 | ||||||||
| Total 16000 · MOBILIZING | Total MOBILIZATION | 23,000.00 | 12,794.06 | 2,000.00[19] | Reduction reflects NO IBC financial support for National Training events, materials, or LEAD teams for pastors. | ||||||
| 16500 · MULTIPLYING | |||||||||||
| 16510 · Recruitment-Iowa | 0.00 | 0.00 | 0.00 | ||||||||
| 16520 · Assessment Centers | 1,100.00 | 0.00 | 0.00 | ||||||||
| 16521 · Multiplication Materials | 200.00 | 47.68 | 0.00 | ||||||||
| 16530 · CP Work Funds | 6,350.00 | 7,014.75 | 5,000.00 | ||||||||
| 16540 · CP Matching Funds | 27,920.00 | 27,916.53 | 14,169.00 | ||||||||
| 16706 · Director of Multiplication | 3,600.00 | 2,700.00 | 0.00 | ||||||||
| Total 16500 · MULTIPLYING | Total MULTIPLICATION | 39,170.00 | 37,678.96 | 19,169.00[20] | Reduction reflects NO IBC financial support for NEW church plants. We will fulfill current commitments. | ||||||
| 18000 · Pass Thru Accounts | |||||||||||
| 15400 · Off-Season Marketing | |||||||||||
| 15410 · Salary - OSM | |||||||||||
| Total 15400 · Off-Season Marketing | |||||||||||
| 16547 · I380 Church Plant | |||||||||||
| 16560 · Salary - Dave Conrads | |||||||||||
| 16561 · Housing - Dave Conrads | |||||||||||
| 16565 · Salary - Chad Hill | |||||||||||
| 16566 · Housing - Chad Hill | |||||||||||
| Total 16547 · I380 Church Plant | |||||||||||
| Total 18000 · Pass Thru Accounts | |||||||||||
| TOTAL EXPENSE | 629,135.00 | 597,463.95 | 526,812.00 | ||||||||
| Net Income | 0.00 | (49,182.21) | 0.00 | ||||||||