Finance
Report
Below is a brief finance summary report as of December 31, 2025, versus the year-to-date 2025 budget.
If anyone has any questions regarding the report below, please contact the
chair of the Finance Committee, Brenda Olejnik (519-268-3385). The
questions will then be shared with the rest of the Finance Committee, and
as a group they will respond accordingly.
Dorchester United Church
Year To Date Profit & Loss Actual vs Budget
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Dec. 31, 2025
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YTD Budget
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Over/Under Budget
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Income
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|
|
|
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General Offerings*
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76,002.74
|
73,000.00
|
3,002.74
|
|
Memorial Offerings
|
1000.00
|
0
|
1000.00
|
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Events
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26,724.65
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19,000.00
|
7,724.65
|
|
Other
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2,474.42
|
1,800.00
|
674.42
|
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Investment Income
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3,149.05
|
850.00
|
2,299.05
|
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Total Income
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109,350.86
|
94,650.00
|
14,700.86
|
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Expenses
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140,301.93
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140,650.00
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348.07
|
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Net Income (Loss)
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-30,951.07
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-46,000.00
|
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* Includes online donations
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Net Loss Covered By: Cash – General Account + Investment Transfers
Summary
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December 31, 2025, YTD Net Loss of $30,951.07, under budget
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YTD Net Loss covered by - Cash from General Account + Investment Transfers
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Income above budget by $14,700.86 (Includes Memorial Offerings)
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General Offerings below budget by $3,002.74
- Events above budget by $7,724.65
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Expenses under budget by $348.07
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Note: $2,559.08 of Equipment Expenses (not budgeted) paid from Memorial Account
Investments
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Investment transfers currently at a monthly withdrawal of $1,500
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Investment transfers YTD - $16,500 (November)
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Investments closing balance as of November 30, 2025 - $113,729.36 (Unrestricted Funds
$58,341.97 + Restricted Funds $55,387.39)
Mission & Services
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Annual 2025 Target - $13,000
- December 31, 2025 - $13,905.00 versus YTD budget of $13,000.00
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