2014 Annual Meeting

11-9-14

Opening Prayer & Elect Meeting Chairman Introduce New Board Members Approve 2013 Annual Meeting Minutes (5’)

Pastor Report (Father Jeffrey 15’)

Sunday School Programs (Carissa Maxwell 5’)

Pillars & Projects (Kenny, Matt, Ty 10’)

President’s Address & Accomplishments (George 10’)

2015 Future Projects (Raymond 10’)

Financial Highlights & Approve 2015 Budget (Kally 15’)

Stewardship Program for 2015 (Gina 15’)

Comments & Closing Prayer

Father Jeffrey Overview Current Programs will continue:

◦ Liturgics and Music◦ Sunday School ……..(Carissa Maxwell w/pics)◦ Food Basket Program & Partnership with Big Brothers &

Big Sisters◦ Community Outreach

New Programs:◦ Adult and Youth Education (incl. retreats)◦ Youth Ministry (summer camp, etc.)◦ Parish-wide Monastery trips

Our Plan for 2015…

Our Vision

Our vision for St. George Orthodox Church is to build a vibrant Orthodox Christian community that continues to grow; whose every activity is rooted in faith, hope, and love; and that transforms lives in our surrounding community by bringing them the Light of Christ.

Our Mission

We will fulfill our vision through concrete acts of hospitality and generosity, by providing frequent occasions for prayer and fellowship, and by deepening our knowledge and experience of the Orthodox faith. In all things we seek to commend ourselves, and each other, and all our life unto Christ our God.

“Outreach” AC Leader: Kenny Scott

Action Committee: Raymond, Gina, Kenny

“Fellowship” AC Leader: Matt Maxwell

Action Committee: Dr. Rizk, Kally & Matt

“Worship” AC Leader: Ty Freedman

Action Committee: Kristie N., Helen E. & Ty

-Stewardship-Liturgical-Furnishings-Youth Ministry

-Education-Gurley Bldg.-Bldg. Upgrades-Land on Green Ln.

-Marketing-Gyro Booth-Events-Speakers

We need you!

Worship Fellowship Outreach

Pillars Provide the Foundation to Fulfill Our Vision & Mission Pillars Provide the Foundation to Fulfill Our Vision & Mission

Liturgical Committee•Choir Music•Akathist

Education•Sunday School•Adult Classes•Altar boy•Teen/College outreach

Stewardship•2015 Committee•Christmas & Easter Cards

Furnishings•Icons•Archbishop’s Chair

Parish Activities•Vasilopita (1/15)•Feast Day Celebration•God-Parent Class•St. Anthony’s Trip•Picnic

Building Management•Cleaning Committee•Grounds

Gurley St. Upgrades•Complete Play ground•New Kitchen•Paint Exterior•New Signage

Events•Gyro Booth (2X)•St. Nicholas Day•Pumpkin Patch Game Booth•Easter & Christmas Outreach•Love & Logic Workshop

Marketing &Public Relations•Greeting Committee•Posters, signage•Direct Mail•Courier postings

We Need Your Help on Pillar Committees and Activities We Need Your Help on Pillar Committees and Activities

St. George Action PillarsSt. George Action Pillars

2014 Overview

•Charity Fund is 10% of Stewardship or $7.2K: Charities Funded (Yavapai Food Bank, Salvation Army, Open Door, church families, local needy, gift cards, etc.)

•Fund Raisers - Gyro Booth sales:• Sept. (3 day event) Sales = $8,559, Net Profit ~$6,943

•St. George Projects• 2014 Tenant Updates (including improvements)• Signage◦Storage room◦New donut machine donation $3K◦Playground progress◦Electrical & drainage improvements◦Loan Pay-down!

•Update on our land located on Green Lane

New Pries

t!

Principle paid $26.2K -

(incl. $20k in extra

payments)Interest paid

$13K

Bank Balances 11-5-14: ~$171K•Operating Fund $67.6K•Building Fund $20.2K•New Church Fund $26K•Money Market $56.7K

Church Improvements:

• Full Kitchen: $6K (Donations: cabinets, appliances, countertop, etc.)

• Repair and Paint church exterior: $10K• Playground Phase II: $4K (Donations: $5.4K)• New Storage Room (Donations: $2.2K)

Programs:• New Communication program• Expand Food Basket program• Stewardship

Bulletin Board

Monthly Newsletter

Trips

Communicate upcoming events and updates on church business•Services•Fast/Feast Day•Fundraisers•Charity•Education & Classes•Stewardship•Trips•Parish Council Meeting Highlights•Financial Report•Pillar Updates

Program Responsible

Weekly Church Bulletin Jill Normandin

Weekly Announcements Dr. George Rizk

Monthly Calendar Father Jeffrey

Monthly Newsletter Gina Clark

Email Updates Gina Clark

Directory Gina Clark

Website Kenny Scott

Community Bulletin Board

Gina Clark

Flyer Box and Poster Signs

Raymond Zogob

Public Relations Gina Clark

Phone Tree Raymond Zogob

Food BasketsGyro Booth

Church Budget Building Budget

Income:•Stewardship grows 25 to 35 families•Food Basket program up $24K to $25K (500 food baskets)•Playground fundraising ($5.4K so far)•No support from Assumption church

Expense:•Inflation 3 to 5%•Clergy Comp. increase 2%•Charity = 10% of Stewardship•Planned 2 Gyro Booth events•Education & Youth Ministry 2X to $1K

Income:•Building budget - two tenants continue in 2015

•True Accountability•Comfort Pros Heating & Cooling

Expense:•Inflation 3 to 5%•Building plan has $19k for upgrades:

•Playground $6K•Paint Church Ext. $10K•New Kitchen $4K

Key points:•Total stewards rise from 25 to 35 families

•Stewardship $88K, up 20%

•Fundraising up ~$5K: 2 events in 2015

•Food Basket program expanding: new partnership: Big Brothers & Sisters $25K

•Assumption Church funding drops; 2014 included Fr. Jeffrey pay – 5 mo. $23.5K

•Total Income down 6% from $157K to $147K

•Charity donations are 10% at $8.8K, down from 2014 due to special collections

•Clergy compensation is up 2% but overall is lower since 2014 included moving expense: $76.2K to $75.9K.

•Genl. Ops. Is up from $33.7K to $34.2K due to rise in Insurance, Acctg. & Utilities.

•Food basket expense up $1K in 2015.

•Cost increases are offset by lower Liturgical exp. due to $7K drop in visiting priest fees.

•Expense down 3% from $165K to $160K

•NET LOSS: $12KWe need to work hard to manage expense, grow our church family and fully execute both our new

Stewardship & Communication programs! “””VOTE”””

EXPENSE

Charitable Donations: $5,959 $11,223 $8,814Advertising - Telephone Directory $1,275 $1,475 $1,549Clergy Compensation: $58,202 $76,153 $75,947Fund Raisers: $2,499 $2,703 $3,700General Operations: $25,553 $33,681 $34,209Liturgical: $11,053 $11,323 $4,165Outreach: $1,172 $25,563 $27,141

Bookstore $1,172 $1,563 $1,641Food Basket Expense $0 $24,000 $25,000

Social Events: $0 $0 $1,200Misc. (monastery trip, pascha picnic) $0 $0 $1,200

Supplies: $821 $1,689 $3,007Education & Youth Ministry $53 $500 $1,000Postage $34 $100 $100Printing (newsletters & misc.) $173 $231 $300Kitchen & Bathroom Supplies $508 $708 $1,450Office Supplies & misc. $53 $150 $158

IN-KIND DONATIONS REMOVED $3,367 $5,513 $3,606

TOTAL EXPENSE $110,701 $164,760 $160,282

INCOME minus EXPENSE $14,011 -$7,580 -$12,549

Sep.'14 Estimate 2015YTD 2014 Budget

INCOMEBookstore $1,318 $1,757 $2,109Fund Raisers - Gyro Booth $8,600 $8,600 $13,300Fund Raisers - Other/Food Baskets $7,261 $24,000 $25,000Fund Raisers - Misc.Craft,Bake,Playground $4,241 $4,641 $1,900General Collections $6,313 $8,417 $7,817Candle donations $1,636 $2,181 $2,600Fellowship Hour & Facility Use $114 $152 $156Other Donations

Special Donation - Litur. & Misc. $1,000 $2,000 $1,000Special Donation - Outreach/Youth Min. $148 $197 $400Special Donation-- Charity $2,500 $2,500 $0Special Donation- Gyro Booth $350 $350 $700Special Donation- Assumption Church $23,455 $23,455 $0

In-Kind DonationsIn Kind - Liturgical $433 $577 $606In Kind - All Other/Food Baskets $4,936 $4,936 $3,000

In-Kind Donations: $5,369 $5,513 $3,606Stewardship (pledges) $61,644 $72,644 $88,144Misc. Income $689 $689 $919Budget Adjustment $0 $0 $0

TOTAL INCOME $124,712 $157,180 $147,733

Key points:

Income:•Rental income from Tenants rise $2K or 5% for True Accountability and Comfort Pros.

•Utilities and Sales tax for tenants are collected in rent.

•Total Income drops $3K or 6% due to loss of The Bridges tenant.

Expense:

•Mortgage int. payments drop 10% to $11.6K as more is now going toward principle.

•However, the reduction in mortgage interest and tenant improvements is offset by:

•Church improvements; up in 2015 due to Exterior Painting $10K, Playground $6K and Kitchen $4K.

•Total Expense up $7K overall

•NET GAIN $4.1K

•Consolidated Net Loss $8K“””VOTE”””

Sep.'14 Estimate BudgetYTD 2014 2015

INCOMEBuilding Donations $0 $0 $0Rental Income (The Bridges) $1,524 $2,118 $0Rental Income (Comfort Pros) $759 $1,059 $2,100Rental Income (True Accountability) $19,560 $23,491 $24,671Rental Income (Church Space Fee) $15,449 $20,604 $20,604Special Donation (Land Prop. Tax) $1,335 $1,335 $0

In Kind - Church Kitchen $0 $2,000 $0 In-Kind Donations: $0 $2,000 $0

Interest Income $5 $4 $4Budget Adjustment $0 $0 $0

TOTAL INCOME $38,632 $50,610 $47,379

EXPENSESFund Raisers: $0 $0 $0General Operations: $27,469 $34,005 $42,763

Facilities- Mortgage Int. Expense $9,616 $12,821 $11,600Facility Improvements $10,023 $11,023 $20,000Facilities- Repairs&Maintenance $413 $551 $1,200Income Tax (incl. AZ Dept. of Rev.) $1,376 $1,835 $1,935

True Acct. Improvements $0 $1,000 $0 Landscape Maintenance $0 $0 $600

Insurance (Weber's) $625 $833 $842Legal / Accounting, Permits& Fees $900 $1,200 $1,260Property Taxes - Gurley Bldg. $2,283 $2,283 $2,397Property Taxes - Land Green Ln. $350 $350 $368Property Taxes - Land (new acre) $1,004 $1,004 $1,054Lease - Green Ln (new acre) $1 $1 $0Snow Removal $0 $0 $500Security $378 $504 $378Gurley Church Pest Control $500 $600 $630

Rental Tax: $422 $563 $563City of Prescott Rental Tax $422 $563 $563

In-Kind Removed $0 $2,000 $0

TOTAL EXPENSE $27,891 $36,568 $43,326

INCOME minus EXPENSE $10,741 $14,043 $4,053

Stewardship is the way Orthodox parishioners support the church and the community by pledging their time, talent and treasure

Each parishioner/family gives according to their own hearts and abilities

Stewardship provides funding for the operation of the church and programs including charitable giving

As every man purposeth in his heart, so let him give, not grudgingly or out of compulsion;

for God loveth the cheerful giver(Corinthians 9:7)

13% Ministries, CharitySalvation ArmyCatholic Social ServicesYavapai Food BankChino Valley Food BankOpen DoorInternational Orthodox Christian CharitiesProject Mexico (Orthodox Orphanage in Mexico)St. George Church families in need

76% Pastoral/LiturgicalPriestHealth BenefitsConferences and Travel

11% General and AdministrativeInsurance/LiabilityUtilitiesMaintenance

35

Learn more about stewardship and give cheerfully and generouslyComplete the 2015 Stewardship Commitment Card and return to the Church Office or to Kally Key

Write clearly Information is confidential Return your 2015 commitment by Dec. 7,

Stewardship Commitment Sunday (if possible)

•Comments & Questions

•Closing Prayer

Appendix

AC Leader: Matt MaxwellAction Committee: George, Kally & Matt

New Kitchen

AC Leader: Kenny ScottAction Committee: Gina, Kenny, Raymond

AC Leader: Ty Freedman(Action Committee: Helen E., Kristie N., Ty)

Sep.'14 Estimate 2015YTD 2014 Budget

INCOMEBookstore $1,318 $1,757 $2,109Fund Raisers - Gyro Booth $8,600 $8,600 $13,300Fund Raisers - Other/Food Baskets $7,261 $24,000 $25,000Fund Raisers - Misc.Craft,Bake,Playground $4,241 $4,641 $1,900General Collections $6,313 $8,417 $7,817Candle donations $1,636 $2,181 $2,600Fellowship Hour & Facility Use $114 $152 $156Other Donations

Special Donation - Litur. & Misc. $1,000 $2,000 $1,000Special Donation - Outreach/Youth Min. $148 $197 $400Special Donation-- Charity $2,500 $2,500 $0Special Donation- Gyro Booth $350 $350 $700Special Donation- Assumption Church $23,455 $23,455 $0

In-Kind DonationsIn Kind - Liturgical $433 $577 $606In Kind - All Other/Food Baskets $4,936 $4,936 $3,000

In-Kind Donations: $5,369 $5,513 $3,606Memorial Donations $50 $50 $50Stewardship (pledges) $61,644 $72,644 $88,144Interest Income $24 $32 $32Misc. Income $689 $689 $919Budget Adjustment $0 $0 $0

TOTAL INCOME $124,712 $157,180 $147,733

EXPENSE

Charitable Donations: $5,959 $11,223 $8,814

10% of Pledges $2,000 $7,264 $8,814 Special Collections $3,959 $3,959 $0

Advertising - Telephone Directory $1,275 $1,475 $1,549Clergy Compensation: $58,202 $76,153 $75,947 Priest-Salary $15,000 $20,000 $20,400 Priest-Housing $22,500 $30,000 $30,600 Priest-Auto $2,199 $2,932 $2,991 Priest-Cell Phone $1,041 $1,290 $1,190 Priest-Health Plan $7,071 $9,428 $9,617 Priest-Health Plan Deductible Fund $0 $0 $1,000 Priest-Social Security Taxes $5,737 $7,649 $7,650 Archdio.Clergy Laity Travel $4,654 $4,854 $2,500Fund Raisers: $2,499 $2,703 $3,700

Gyros Booth $2,453 $2,503 $3,500 Other Expense $46 $200 $200General Operations: $25,553 $33,681 $34,209

Facilities- Church Space Fee $15,448 $20,604 $20,604Facilities- Improvements $50 $50 $100Insurance $1,013 $1,013 $1,114Legal / Accounting & Corp. Fees $5,030 $6,707 $6,800Internet $667 $847 $907Church Utilities $3,345 $4,460 $4,683

EXPENSES (cont'd)Gifts: $800 $950 $550

Priests $650 $800 $400Flowers & Misc. $150 $150 $150

Liturgical: $11,053 $11,323 $4,165Candles, Incense, Charcoal $510 $680 $714Liturgical Supplies - Other $1,663 $1,763 $1,851Priest-Visiting Priest $8,880 $8,880 $1,600

Outreach: $1,172 $25,563 $27,141Bookstore $1,172 $1,563 $1,641Food Basket Expense $0 $24,000 $25,000Misc. (ie. Speaker) $0 $0 $500

Social Events: $0 $0 $1,200Misc. (monastery trip, pascha picnic) $0 $0 $1,200

Supplies: $821 $1,689 $3,007Education & Youth Ministry $53 $500 $1,000Postage $34 $100 $100Printing (newsletters & misc.) $173 $231 $300Kitchen & Bathroom Supplies $508 $708 $1,450Office Supplies & misc. $53 $150 $158

IN-KIND DONATIONS REMOVED $3,367 $5,513 $3,606

TOTAL EXPENSE $110,701 $164,760 $160,282

INCOME minus EXPENSE $14,011 -$7,580 -$12,549

Sep.'14 Estimate BudgetYTD 2014 2015

INCOMEBuilding Donations $0 $0 $0Rental Income (The Bridges) $1,524 $2,118 $0Rental Income (Comfort Pros) $759 $1,059 $2,100Rental Income (True Accountability) $19,560 $23,491 $24,671Rental Income (Church Space Fee) $15,449 $20,604 $20,604Special Donation (Land Prop. Tax) $1,335 $1,335 $0

In Kind - Church Kitchen $0 $2,000 $0 In-Kind Donations: $0 $2,000 $0

Interest Income $5 $4 $4Budget Adjustment $0 $0 $0

TOTAL INCOME $38,632 $50,610 $47,379

EXPENSESFund Raisers: $0 $0 $0General Operations: $27,469 $34,005 $42,763

Facilities- Mortgage Int. Expense $9,616 $12,821 $11,600Facility Improvements $10,023 $11,023 $20,000Facilities- Repairs&Maintenance $413 $551 $1,200Income Tax (incl. AZ Dept. of Rev.) $1,376 $1,835 $1,935

True Acct. Improvements $0 $1,000 $0 Landscape Maintenance $0 $0 $600

Insurance (Weber's) $625 $833 $842Legal / Accounting, Permits& Fees $900 $1,200 $1,260Property Taxes - Gurley Bldg. $2,283 $2,283 $2,397Property Taxes - Land Green Ln. $350 $350 $368Property Taxes - Land (new acre) $1,004 $1,004 $1,054Lease - Green Ln (new acre) $1 $1 $0Snow Removal $0 $0 $500Security $378 $504 $378Gurley Church Pest Control $500 $600 $630

Rental Tax: $422 $563 $563City of Prescott Rental Tax $422 $563 $563

In-Kind Removed $0 $2,000 $0

TOTAL EXPENSE $27,891 $36,568 $43,326

INCOME minus EXPENSE $10,741 $14,043 $4,053