July 2024
Board of Trustees for Unity
Spiritual Center of Lansing
05/24/23
Treasurer’s Update
Hello all! Below is a financial summary through April 30, 2023.
As you will see, we have a year-to-date deficit of $3,519.15, which is almost $2,000 better than our budgeted deficit for Jan-April. Thank you all!
And although we did approve a budget deficit, we are SO close to breaking even. Please join me in that goal by considering an increase in your tithing. Just an extra $10 a week per tithe can make it happen!
As always, if you have any questions or comments, feel free to contact me at j_cloos@yahoo.com or through unitylansingoffice@gmail.com. My goal is complete transparency.
Wishing you all a very happy Summer. Kindest regards ~Jane Cloos
09/27/22
The Treasurer’s Two Cents - Financial Update through August 2022
Hello all! Thanks to your increased support I’m excited to report that USCL is doing 50% better than our budgeted deficit. Better yet, the deficit is actually covered by a memorial bequest and the final insurance payout.
Below is the usual summary of our income & expenses. As always, if you have questions or comments, feel free to contact me at j_cloos@yahoo.com or through unitylansingoffice@gmail.com. My goal is complete transparency.
Also, please do join us this Sunday 10/2/22 after service for our quarterly townhall meeting to learn about upcoming activities and get a status on the lodge renovations & deck rebuild.
Here’s to a bountiful Fall at Unity. Thank you all kindly. Jane
Unity’s Prayer for a Consciousness of Abundance
Co-created by the Leadership Council
Unity Spiritual Center of Lansing is open to unlimited possibilities. We have taken up residency in a world of abundance. As a divine force for Good in the Universe, we give generously and receive gratefully.
Filled with divine ideas and blessed with the Will and Understanding to bring them into manifestation, Source is flowing freely for our highest good.
We are awakened and aware. We heed our intuition and follow God’s guidance with every step we take. We declare that there is no lack, there are no blocks, for we are open to Source to flow freely as us.
With God in charge of our lives and affairs, only good will flow to and through us.
We dedicate all of our assets and energies to the will and the work of Holy Spirit and find the joy in every day as our needs are met and exceeded with ease and grace.
With hearts overflowing with gratitude, we are humbled with the blessings that pour down upon us.
And so it is. Allah, Shalom, Amen, Namaste.
Treasurer's Two Cents JULY 2022
Treasurer’s Update
Hello all. I hope your summer is going well. Thanks to your support USCL is gaining financial traction. We are currently 94% above our budgeted deficit halfway through the year. Please do keep up the good work.
During the townhall, a couple of you asked what our annual budget is. Below is a summary, but I’m happy to send out the full spreadsheet to those who’d like a copy.
If you ever have questions or recommendations, please feel free to ask me personally or through the USCL office. My goal is complete transparency.
Thank you all kindly. Jane
Treasurer’s Two Cents APRIL 2022
Did You Know? In the US, a Chart of Accounts has the same basic layout across all industries:
Cash, Receivables, Assets & Depreciation/Amortization, Payables, Other Liabilities, Capital/Equity (the balance sheet accounts), then Income and Expenses (the profit & loss accounts)…now you know!
The big takeaway, the process of accounting is a set system – the wheel is already built – we just need to adhere to it.
More next month. Be well. ~ Jane
Financial News – Tithing
|
FINANCIAL SUMMARY 2021 - 2022 |
|||
|
Month |
Income |
Expenses |
Total |
|
Nov-21 |
10,950.39 |
15,679.76 |
(4,729.37) |
|
Dec-21 |
12,196.70 |
13,004.35 |
(807.65) |
|
Jan-22 |
18,894.71 |
14,879.16 |
4,015.55 |
|
Feb-22 |
9,429.66 |
13,497.09 |
(4,067.43) |
|
Mar-22 |
23,985.88 |
15,942.23 |
8,043.65 |
The first quarter of 2022 was a good one; our Net Ordinary Income for the quarter was $7,991.77.
|
FINANCIAL SUMMARY 1ST QUARTER Year 2022 2021 Income $52,310 $43,027 Expenses $44,318 $32,991 Net $ 7,991 $10,035 |
In an effort to keep the positive trend going USCL has started using QR codes as an additional way to tithe.
Many thanks to Tyson Cowles for his extensive research on the options to make tithing easier!
The most economical way that Unity receives tithes is by cash or check (which is free), then PayPal. However, if you link your checking account to PayPal and select that option for paying, there are no fees to Unity.
We’d love your feedback on this new option for tithing.
Thanks all. ~ Jane
Tithing with the QR Code:
1. Turn on your camera and point it at the QR code – DO NOT TAKE A PICTURE.
2. When the camera “locks on” to the QR code, it will pull up a link to PayPal. Click on the link.
3. Once you are at the PayPal site, you can tithe with a Debit or Credit card or your checking account if you’ve linked it to PayPal.More next month.
Be well. ~ Jane
Treasurer’s Two Cents MARCH 2022
Jane Cloos, Treasurer, Board of Trustees for Unity Spiritual Center of Lansing
Did You Know?
Accounting has a primary formula at its root: Assets = Liabilities + Equity…now you know!
Three elements of my mission as treasurer are: stewardship of the members’ tithes, accuracy in reporting, and compliance with Generally Accepted Accounting Principles, or GAAP. By definition GAAP is “a collection of commonly-followed accounting rules and standards for financial reporting.”
Toward that end, some of the markers I look for when reviewing financials are: 1.) does the Cash Balance on the Balance Sheet match the reconciled bank statement, 2.) has the previous month’s earnings remained the same since the last review, 3.) does the current month’s earnings match the change in cash the balances, and 4.) does the earnings on the Profit & Loss statement match the Balance Sheet.
More next month. Be well. ~ Jane
At the annual members’ meeting of USCL, Jane made a commitment to share our financials.
Here is the first condensed report. USCL is currently operating in a deficit. Shortages are covered by our reserves as we take this time to rebuild our community from the impact of the 2019 fire and the Covid pandemic.
We are blessed with loving, consistent supporters of this community. Thank you.
Unity’s Prayer for a Consciousness of Abundance
Co-created by the Leadership Council
Unity Spiritual Center of Lansing is open to unlimited possibilities. We have taken up residency in a world of abundance. As a divine force for Good in the Universe, we give generously and receive gratefully.
Filled with divine ideas and blessed with the Will and Understanding to bring them into manifestation, Source is flowing freely for our highest good.
We are awakened and aware. We heed our intuition and follow God’s guidance with every step we take. We declare that there is no lack, there are no blocks, for we are open to Source to flow freely as us.
With God in charge of our lives and affairs, only good will flow to and through us.
We dedicate all of our assets and energies to the will and the work of Holy Spirit and find the joy in every day as our needs are met and exceeded with ease and grace.
With hearts overflowing with gratitude, we are humbled with the blessings that pour down upon us.
And so it is. Allah, Shalom, Amen, Namaste.