Budget Report
Percentage of Income
As of December 2025, the POI, or percentage of income, for the month totaled $384,501 just under the budgeted amount of $384,556. The year-to-date POI through December 2025 was $1,357,642 and was $71,854 lower than the Fiscal Year 2026 budget of $1,429,496.
POI is 1% of general operations revenue of a local church that is given to the EPC to support the mission and vision of the denomination. The data shows us, in comparison to December 2024, the POI remains close to what is typically received from each of our EPC churches.
- Admin costs are below budget by $13,839.
- More executive travel has been necessary than planned. The executive travel budgets will likely remain with a negative variance for the year.
- The variance in Tech Services is due in part to aging equipment, new equipment needed for staff, and a matter of timing. While this variance should improve over time, a variance is expected due to the need for new equipment.
- Church Planting and Church Health budgets are in line and will stay under budget through the fiscal year.
- Variances in Effective Biblical Leadership, mainly committee travel, are a matter of timing and these variances should decrease over time. This category normally stays close to budget for the year.
- Global Movement is under budget. Contributions to World Outreach are based on POI contributions, so the variance in this budget will flow along with the POI revenue variance.
- Fraternal relations expenses will occur in the second half of the year and should finish close to budget.
- Operating expenses totaled $1,682,496 through December 2025. This is $82,795 less than the FY26 budget of $1,765,291.
- Total operating expenses through December 2025 are $56,732 less than FY25 expenses of $1,738,868.
- The year-to-date operating change in net assets, excluding depreciation, amortization, and deferred rent was $164,146.
- The change in assets due to operations as of December 2025 was $158,071.
Stated Clerk Dean Weaver shares, “This year, we helped those who serve to carry out the Great Commission in unique ministry contexts, yet we have worked hard to remain efficient. We are encouraged by your continued support and inspired to allow God to lead us even further with the Good News of our Lord and Savior Jesus Christ.”
Financial Position
While our operating cash flow was at 1.6 months in December of 2024 it is now up to 2.9 months at the end of December 2025. We believe 3.0 months is ideal.
Rolling Average
The 12-month rolling average for POI is $216,317 – 3.2% higher than the rolling average as of December 2024.
Fund Balances Report
We have seen consistency in giving which allows the EPC to provide much needed resources to EPC churches and leaders for ministry. For example, our Medical Benevolence Fund remains stable (Ending Balance of $99,969) which allows us to help retired EPC ministers and missionaries in need of financial assistance for emergency medical situations. The Domestic Emergency Relief Fund has decreased with an Ending Balance of $626,451, but this allowed us to aid local churches in their efforts to provide relief in their communities amidst natural disaster.
We are grateful for the opportunity to be a resource for our EPC churches as they minister locally. Along with the fact that we have finished the Fiscal Year 2025 ahead of budget, we have much to praise God for! We also thank each of you for your continued financial support and partnership in the Gospel.
If you would like to see a more comprehensive view of our financial report, please click here.
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