As a way to keep our Mosaic Family updated every month with transparency about our financial health, we wanted to share how the month of January finished for us to mark the beginning of our fiscal year.

Our total budget for 2024 is $733,541.

REVENUE (General Budget)
Budget YTD      $61,128
Actual YTD        $54,250
Under Projection $6,878

EXPENSE
Budget YTD      $61,002
Actual YTD        $51,608
Under Budget $9,394

Actual YTD Revenue $54,250- Actual YTD Expense $51,608=Net Profit of $2,642.

Unfortunately, we were under-projected general giving for January. Still, the good news is that our staff and church worked hard on the expense side, which ultimately resulted in a net profit of $2,642, which is encouraging for us to start the year.

We thank you again for making Mosaic Church what it is: a dynamic mosaic of Jesus’ Followers.

Here are the financials for both February and March of 2024.

Our total budget for 2024 is $733,541.
February Financials
FEB REVENUE (General Budget)
Budget YTD      $122,257
Actual YTD        $104,953
Under Projection $17,304

FEB EXPENSE
Budget YTD      $122,006
Actual YTD        $111,218
Under Budget    $10,788

Actual YTD Revenue $104,953 minus Actual YTD Expense $111,218=Net loss of $ 6,265.

March Financials
March REVENUE (General Budget)

Budget YTD      $183,385
Actual YTD        $186,543

Over Projection $3,158

FEB EXPENSE
Budget YTD      $183,010
Actual YTD        $169,969
Under Budget    $13,041

Actual YTD Revenue $186,543 minus Actual YTD Expense $169,969 =Net profit of $ 16,574.

A Special Update from Becka Perales (Mosaic Building Steering Team)

As approved by our congregation’s positive vote earlier, to refine and finalize our plans for an expanded worship space at 350 N Fairfield Road, the Mosaic Building Steering Team (MBST) is diligently ensuring the pledged funds build the most efficient and effective sanctuary for our growing congregation. With our available pledged funds and loan payoff timelines in mind, we’ve adjusted the original church structure from 8,000 square feet to 5,000 square feet. This adjustment not only makes the new design more cost-effective but also maintains the enlarged worship area we envisioned. Our architect, David Helmers, is in the process of soliciting quotes for the construction drawings, moving us closer to accurate cost estimating and scheduling.

We’ve been fortunate to receive invaluable guidance from organizations with similar recent projects. Mosaic is rich in construction talent, and leveraging this expertise in the finishes of our new build will celebrate our diverse community of Christ-followers. Please join the weekly Mosaic prayer team at 7am on Thursdays as we pray over this expansion. God is guiding us to welcome more into our church family and embrace Jesus Christ as Savior.

We thank you again for making Mosaic Church what it is: a dynamic mosaic of Jesus’ Followers.

As a reminder, you can give through www.wearemosaic.org/give, set up recurring giving which automatically is given with the desired frequency, our Mosaic Church App, or physical address:

350 N. Fairfield Road
Beavercreek, OH 45434

If you want more information on giving gifts of stock, charitable IRA rollovers, or an estate gift, email us at info@wearemosaic.org to set up a time for conversation.

• Revenue (General Budget)Budget YTD: $305,642
• Actual YTD: $294,795
• Under Projection: $10,847
• ExpensesBudget YTD: $305,016
• Actual YTD: $288,238
• Under Budget: $16,778

Dear Mosaic Church Family,

As we move through the summer and look toward the fall, I wanted to take a moment to update you on our church’s finances for the year so far. We do this every month to achieve a level of transparency. Your commitment and generosity fuel our mission, and we are deeply thankful for how you contribute to Mosaic Church’s life and ministry.

Financial Overview: January – July

Revenue

• Budget YTD: $427,899
• Actual YTD: $407,055
• Under Projection: $20,844

Expenses

• Budget YTD: $427,023
• Actual YTD: $406,720
• Under Budget: $20,302

We are pleased to report a net profit of $335 for this period. This positive result, coupled with an $8,000 increase in giving compared to last year, reflects the deepened commitment of our congregation to the work God is doing through Mosaic.  Also, our staff has worked diligently to be good stewards of your generous gifts, which you will not be on the expense side.  And we are still able to meet incredible needs through special offerings that have been given, such as replacing our playground equipment!  We also received a $10,000 grant to help make our connecting bridge to the school more accessible.

Ways to Give

As we continue our mission together, we invite you to consider the following ways to support Mosaic Church:

1. Recurring Giving: Setting up recurring giving is a convenient way to ensure your contributions are consistent, even if you miss worship on a Sunday. This helps sustain our mission and ministries throughout the year.
2. Special Offerings: Special offerings are gifts above and beyond your regular contributions. These offerings allow us to fund special projects and ministries that extend our reach and impact in the community.

Thank you for all you do to make Mosaic a place of hope, healing, and transformation. Together, we are making a lasting impact.

Blessings,
Pastor Roz

Dear Mosaic Church Family,

As we transition into the latter part of the year, I am pleased to share an update on our church’s finances covering January through August. Your continued support and commitment play a crucial role in our mission, and we sincerely appreciate your contributions.

Financial Overview: January – August

Revenue

• Budget YTD: $489,027
• Actual YTD: $459,740
• Under Projection: $29,287

Expenses

• Budget YTD: $488,027
• Actual YTD: $467,600
• Under Budget: $20,427

This results in a net loss of $7,860 for the year to date. Despite the shortfall in revenue, our effective management of expenses, which are $20,427 under budget, helps to mitigate the impact.

Positive Developments

It is heartening to note that we are ahead of last year’s giving by $5,931 at this point. This growth in financial contributions reflects a strong commitment from our community and underscores the collective effort to support our mission.

Supporting Mosaic

To continue our mission and expand our impact, consider the following opportunities to contribute:

1. Recurring Giving: Setting up recurring giving provides stability and consistency in our financial planning. It ensures that even when you’re unable to attend worship, your support for Mosaic’s mission continues. Recurring donations are crucial in maintaining the day-to-day operations that keep our ministries going strong.
2. Special Offerings: Special offerings, given above your regular contributions, empower us to fund unique projects and ministry expansions that go beyond the everyday. These offerings allow us to reach more people, start new programs, and respond to emerging needs within our community. While special offerings help us grow, it’s the steady support from the general budget that enables Mosaic to operate day by day, from children’s ministry to community outreach, and everything in between.

We are immensely grateful for each contribution that supports our vision of nurturing a community rooted in faith and active in service. Your generosity not only helps sustain our current ministries but also positions us to reach new milestones and embrace exciting opportunities for growth.

Thank you for your faithfulness and support. Together, we are building a stronger, more impactful Mosaic Church.

Blessings,

Pastor Roz

Mosaic Church Financial Update: January – September

Dear Mosaic Church Family,

As we move into the fall, I wanted to take a moment to update you on our church’s finances for the year so far. We strive for transparency and believe that sharing this information is important to keep you informed about how your generous contributions impact our mission. We are deeply grateful for your ongoing support and commitment to the life and ministry of Mosaic Church.

Financial Overview: January – September

Revenue
Budget YTD: $550,156
Actual YTD: $522,344
Under Projection: $27,812
Revenue is $15,698 higher than last year at this time!

Expenses
Budget YTD: $549,031
Actual YTD: $511,688
Under Budget: $37,343

Mosaic Net Profit: $10,656

Although our revenue is currently under projection by $27,812, we are pleased to report a net profit of $10,656, driven by careful management and our expenses being significantly under budget by $37,343. Additionally, we are excited to note that our revenue is $15,698 higher than it was at this time last year, reflecting the increased generosity and commitment of our community.

Your faithfulness and generosity play a crucial role in sustaining the ministry and outreach efforts of Mosaic Church. Thank you for continuing to support the work God is doing through our community.

Ways to Give
As we continue our mission together, we invite you to consider the following ways to support Mosaic Church:

• Recurring Giving: Setting up recurring giving is a convenient way to ensure your contributions are consistent, even if you miss worship on a Sunday. This helps sustain our mission and ministries throughout the year.
• Special Offerings: Special offerings are gifts above and beyond your regular contributions. These offerings allow us to fund special projects and ministries that extend our reach and impact in the community.
• Immeasurably More Building Campaign
  In addition to our ongoing support, we are also launching the Immeasurably More Building Campaign to help expand and improve our church facilities. We invite you to make a pledge or offer a one-time gift toward this campaign. Your contribution will help us build a future where we can continue to serve and make a lasting impact in our community.

Thank you for all you do to make Mosaic a place of hope, healing, and transformation. Together, we are making a lasting impact.

Blessings,
Pastor Roz