2014 Stewardship Report

Stewardship MinistryVision Statement

Psalms 50:9-10 I have no need of a bull from your stall or of goats from your pens, for every animal of the forest is mine, and the cattle on a thousand hills.

Matthew 25:21His master replied, 'Well done, good and faithful servant! You have been faithful with a few things I will put you in charge of many things. Come and share your master's happiness!‘

We are stewards, not owners, who are called to use all of God’s gifts for His purpose based on our love relationship with the Father.

Financial Planning CalendarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecAnnual Budgeting Process

• Budget submit (ministry teams)

• Budget review cycle

• Finalize budget

• Budget review & adjustment

Monthly Updates

• Finance update to elders

• Discuss operational issues, adjustments

Annual Report

• Congregation report

2014 Summary w/o JubiLink

Category ValueTotal Income 906,211,142

Total Expense -878,354,829

Net Income 27,856,313

2014 Summary with JubiLink

Category ValueTotal Income 1,316,824,763Total Expense -1,305,898,344Net Income 10,926,419

2014 Attendance by Month

• Average attendance for both services was 442

2014 Income

2014 Income Breakdown

2014 Sunday Offering by Month

* All amounts converted to KRW

2014 Avg. Persons Tithing/Month

Year Value

2014 117/442 26.5%

2013 111/441 25.2%

2012 102/400 25.5%

* Only includes people who wrote names on the offering envelopes or wired to bank account.

2014 Average Tithe/Person/Month

Year Amount

2014 ₩ 433,632

2013 ₩ 406,554

2012 ₩396,413

Tithing accounts for 64% of total income

2014 Expense

2014 Expenses by Month

* 2014 average expense/ month is W74mil.

2014 Expense – w/o JubiLink

2014 Expense – with JubiLink

In 2014, 36% went to Missions

2014 Cash Balance

Type Description AmountDeposits Sang ah Building ₩600,000,000Deposits Housing ₩80,000,000Deposits Electricity ₩4,320,000Deposits Credit Card ₩2,000,000Accounts Checking (Korean) ₩40,072,000Accounts Checking (USD) ₩34,989,000Accounts Missions ₩66,936,000Accounts JubiLink ₩16,034,000Accounts Mercy Ministry ₩8,010,000Accounts Savings ₩111,544,000Accounts Pension ₩13,000,000Total ₩976,905,000

As of Dec. 31, 2014 Cash Balance

2014 Stewardship Report

Q and A Immediately after service

Contact nanah.jeon@jubileeseoul.com