Financial Update
Below you will find Covenant's financial information through September 2024.
If you have questions regarding the budget, please contact Marty Crawford in the church office or members of the Finance Committee: Will Bennett, Gary Gorham, Will Graham, Jeff Hicks, Stephen Mince, Matt Searson, John Shank, and Todd Sitton.
GENERAL FUND GIVING
(122 commitments totaling $2,254,750)
Budget: $4,258,018
Receipts: $3,821,420
Expenses: $4,092,472
2024 Operating Surplus/(Deficit): ($271,052)
2024 Operating Reserve: $528,948
2024 Line of Credit: $0
FAITH PROMISE GIVING
(60 commitments totaling $235,800)
Budget: $415,943
Funds Received: $373,197
Funds Disbursed: $415,943
Faith Promise Reserve: $283,044
Mission Disbursement from General Fund: $293,824