| TYPES OF REVENUE OR EXPENSE | 2004 Actual June-Dec | 2005 Projected | 2006 Projected | TOTALS | |||||||||||||||||
| 1 | Gifts, grants, and contributions received (not to include unusual grants) | 4010 · Indiv/business contribution - Other | 7,990.53 | 29,366.34 | 33,530.16 | ||||||||||||||||
| 4210 · Corporate/business grants | 0.00 | 57,600.00 | 57,600.00 | ||||||||||||||||||
| 4250 · Nonprofit organization grants | 0.00 | 8,100.00 | 8,100.00 | ||||||||||||||||||
| 5821a · Corporate Mission Sponsorship | 0.00 | 5,000.00 | 5,000.00 | ||||||||||||||||||
| 5821b · Church Mission Sponsorship | 0.00 | 2,500.00 | 2,500.00 | ||||||||||||||||||
| 5821c · Individual Missions Sponsorship | 0.00 | 2,500.02 | 2,500.02 | ||||||||||||||||||
| 5822a · Worship Summit Corporate Sponsor | 0.00 | 2,500.00 | 2,500.00 | ||||||||||||||||||
| 7,990.53 | 107,566.36 | 111,730.18 | 227,287.07 | ||||||||||||||||||
| 2 | Membership Fees Received | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 3 | Gross Investment Income | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 4 | Net Unrelated Business Income | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 5 | Taxes Levied For Your Benefit | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 6 | Value of services of facilities furnished by a governmental unit without charge (not including the value of services generally furnished to the public without charge) | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 7 | Any revenue not otherwise listed above or in lines 9-12 below | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 8 | Total of lines 1 through 7 | 7,990.53 | 107,566.36 | 111,730.18 | 227,287.07 | ||||||||||||||||
| 9 | Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to your exempt purposes | 4011 · Organizational Consultation | 0.00 | 600.00 | 600.00 | ||||||||||||||||
| 4012 · Technical Consultation | 50.00 | 600.00 | 600.00 | ||||||||||||||||||
| 4013 · Worship Consultation | 0.00 | 600.00 | 600.00 | ||||||||||||||||||
| 4014 · Conference | 0.00 | 750.00 | 750.00 | ||||||||||||||||||
| 4015 · Seminar | 0.00 | 1,000.00 | 1,000.00 | ||||||||||||||||||
| 4016 · Worship Concert | 500.00 | 2,100.00 | 2,100.00 | ||||||||||||||||||
| 4017 · Graphic Design | 500.00 | 600.00 | 600.00 | ||||||||||||||||||
| 4018 · Video Production | 0.00 | 1,200.00 | 1,200.00 | ||||||||||||||||||
| 4019 · Audio Production | 0.00 | 1,200.00 | 1,200.00 | ||||||||||||||||||
| 4021 · CD | 0.00 | 1,367.97 | 1,743.61 | ||||||||||||||||||
| 4022 · Printed Music | 0.00 | 670.58 | 939.01 | ||||||||||||||||||
| 5812a · Worship Summit Registration | 0.00 | 5,000.01 | 7,500.00 | ||||||||||||||||||
| 5812b · Worship Summit Subscriber Registration | 0.00 | 2,499.99 | 5,000.00 | ||||||||||||||||||
| 5812c · Worship Summit Webinar Registration | 0.00 | 2,000.01 | 3,125.00 | ||||||||||||||||||
| 5812d · Worship Summit CD Sales | 0.00 | 2,000.01 | 4,000.00 | ||||||||||||||||||
| 5813a · Worship Leaders Studio Registra | 0.00 | 5,000.04 | 7,500.00 | ||||||||||||||||||
| 5813b · Worship Leaders Studio Webinar | 0.00 | 7,500.00 | 11,250.00 | ||||||||||||||||||
| 5813c · Worship Leaders Studio CD Sales | 0.00 | 4,992.00 | 9,999.96 | ||||||||||||||||||
| 1,050.00 | 39,680.61 | 59,707.58 | 100,438.19 | ||||||||||||||||||
| 10 | Total of lines 8 and 9 | 9,040.53 | 147,246.97 | 171,437.76 | 327,725.26 | ||||||||||||||||
| 11 | Net gain or loss on sale of capital assets | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 12 | Unusual Grants | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 13 | Total Revenue add lines 10 through 12 | 9,040.53 | 147,246.97 | 171,437.76 | 327,725.26 | ||||||||||||||||
| 14 | Fundraising Expenses | 8571 · General Promotions | 727.42 | 3,448.99 | 4,399.21 | ||||||||||||||||
| 8572a · Worship Summit Promo | 0.00 | 1,500.00 | 1,500.00 | ||||||||||||||||||
| 8572c · Worship Leaders Studio | 0.00 | 2,500.00 | 2,500.00 | ||||||||||||||||||
| 727.42 | 7,448.99 | 8,399.21 | 16,575.62 | ||||||||||||||||||
| 15 | Contributions, gifts, grants, and similar amounts paid out | 8591 · Seeds for Life - Isaiah 61 This is our company's tithe to the Local Church. We give ten percent of our donations back to the host church from our concerts, seminars and conferences. | 32.00 | 3,969.00 | 3,969.00 | 7,970.00 | |||||||||||||||
| 16 | Disbursements to or for the benefit of members | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 17 | Compensation of officers, directors, and trustees | 7210 · Officers & directors salaries | 5,708.33 | 60,000.00 | 60,000.00 | 125,708.33 | |||||||||||||||
| 7220 · Salaries & wages - other | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||
| 7230 · Pension plan contributions | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||
| 7240 · Employee benefits - not pension | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||
| 7250 · Payroll taxes | 467.36 | 3,240.00 | 3,240.00 | 6,947.36 | |||||||||||||||||
| 6,175.69 | 63,240.00 | 63,240.00 | 132,655.69 | ||||||||||||||||||
| 18 | Other salaries and wages | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 19 | Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 20 | Occupancy (rent, utilities, etc.) | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 21 | Depreciation and depletion | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 22 | Professional fees | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 23 | Any expense not otherwise classified, such as program services | 7520 · Accounting fees | 0.00 | 170.00 | 170.00 | ||||||||||||||||
| 7541a · Worship Summit Honorarium | 0.00 | 1,500.00 | 1,500.00 | ||||||||||||||||||
| 7541b · Worship Leaders Studio Honorarium | 0.00 | 2,500.00 | 2,500.00 | ||||||||||||||||||
| 8111a · Worship Leaders Studio Supplies | 0.00 | 1,250.00 | 5,625.00 | ||||||||||||||||||
| 8111b · Worship Summit Supplies | 0.00 | 3,500.00 | 5,250.00 | ||||||||||||||||||
| 8110 · General Supplies | 259.43 | 1,069.24 | 1,069.24 | ||||||||||||||||||
| 8131a · Worship Summit Webcast | 0.00 | 1,500.00 | 1,500.00 | ||||||||||||||||||
| 8131b · Worship Leaders Studio Webcast | 0.00 | 2,500.00 | 2,500.00 | ||||||||||||||||||
| 8130 · Telephone & Telecommunications | 0.00 | 1,200.00 | 1,200.00 | ||||||||||||||||||
| 8141 · International Mission Equipment Shipping | 0.00 | 1,500.00 | 1,500.00 | ||||||||||||||||||
| 8140 · General Postage, Shipping, Delivery | 105.14 | 1,050.00 | 1,050.00 | ||||||||||||||||||
| 8171a · Worship Summit CD Duplication | 0.00 | 4,000.00 | 10,000.00 | ||||||||||||||||||
| 8171b · Worship Leaders Studio CD Duplication | 0.00 | 5,000.00 | 10,000.00 | ||||||||||||||||||
| 8182a · CCLI License | 0.00 | 495.00 | 495.00 | ||||||||||||||||||
| 8182b · CVLI License | 0.00 | 600.00 | 600.00 | ||||||||||||||||||
| 8185 · Software | 0.00 | 1,544.60 | 1,544.60 | ||||||||||||||||||
| 8180 · Books, Subscriptions, Reference | 19.95 | 285.00 | 285.00 | ||||||||||||||||||
| 8311a · International Mission Meals | 0.00 | 4,270.00 | 4,270.00 | ||||||||||||||||||
| 8311b · OOB Pier Ministry Meals | 0.00 | 305.00 | 305.00 | ||||||||||||||||||
| 8311c · Starlake Musicamp Meals | 0.00 | 122.00 | 122.00 | ||||||||||||||||||
| 8311d · Worship Summit Guest Meals | 0.00 | 90.00 | 90.00 | ||||||||||||||||||
| 8311e · Worship Leaders Studio Guest Meals | 0.00 | 450.00 | 450.00 | ||||||||||||||||||
| 8311 · Ministry Dining Travel Expenses | 455.43 | 2,800.00 | 2,800.00 | ||||||||||||||||||
| 8312a · International Mission Travel | 0.00 | 3,500.00 | 3,500.00 | ||||||||||||||||||
| 8312b · OOB Pier Ministry Travel | 0.00 | 1,000.00 | 1,000.00 | ||||||||||||||||||
| 8312c · Starlake Musicamp Travel | 0.00 | 733.34 | 733.34 | ||||||||||||||||||
| 8312 · Ministry Transportation | 471.70 | 750.00 | 750.00 | ||||||||||||||||||
| 8340a · OOB Pier Ministry Travel Hotel | 0.00 | 200.00 | 200.00 | ||||||||||||||||||
| 8340b · Starlake Musicamp Travel Hotel | 0.00 | 200.00 | 200.00 | ||||||||||||||||||
| 8351a · Worship Summit Guest Travel | 0.00 | 1,500.00 | 1,500.00 | ||||||||||||||||||
| 8351b · Worship Summit Guest Housing | 0.00 | 200.00 | 200.00 | ||||||||||||||||||
| 8351c · Worship Summit Guest Meals | 0.00 | 90.00 | 90.00 | ||||||||||||||||||
| 8352a · Worship Leaders Studio Guest Travel | 0.00 | 2,500.00 | 2,500.00 | ||||||||||||||||||
| 8352b · Worship Leaders Studio Guest Hotel | 0.00 | 2,500.00 | 2,500.00 | ||||||||||||||||||
| 8352c · Worship Leaders Studio Guest Meals | 0.00 | 450.00 | 450.00 | ||||||||||||||||||
| 8540 · Staff development | 31.25 | 800.00 | 800.00 | ||||||||||||||||||
| 8561 · Webhosting | 0.00 | 180.00 | 180.00 | ||||||||||||||||||
| 8560 · Outside Computer Services | 0.00 | 850.00 | 850.00 | ||||||||||||||||||
| 8585a · International Mission Contingency | 0.00 | 750.00 | 750.00 | ||||||||||||||||||
| 8580 · Ministry Contingency Provisions | 0.00 | 1,200.00 | 1,200.00 | ||||||||||||||||||
| 8590 · Ministry Expenses | 2.25 | 1,020.00 | 1,020.00 | ||||||||||||||||||
| 8670 · Organizational (corp) expenses | 427.95 | 0.00 | 0.00 | ||||||||||||||||||
| 8681 · PayPal Fees | 5.55 | 391.16 | 452.66 | ||||||||||||||||||
| 9831 · Audio Equipment Purchases | 0.00 | 11,004.60 | 6,000.00 | ||||||||||||||||||
| 9832 · Video Equipment Purchases | 0.00 | 2,100.00 | 1,440.00 | ||||||||||||||||||
| 9833 · Musical Equipment Purchases | 0.00 | 2,969.04 | 3,600.00 | ||||||||||||||||||
| 9834 · Computers and Peripherals | 0.00 | 0.00 | 9,000.00 | ||||||||||||||||||
| 1,773.10 | 72,588.98 | 93,741.84 | 168,103.92 | ||||||||||||||||||
| 24 | Total Expenses Add lines 14 through 23 | 8,708.21 | 147,246.97 | 169,350.05 | 325,305.23 | ||||||||||||||||