CASHFLOW ANALYSIS BY QUARTER FOR AUG 2018-JULY 2019

FISCAL YEAR 2019 BUDGET REPORT To the Crosspointe Community:

On behalf of the leadership of Crosspointe Church, thank you for your generosity and faithfulness in giving. This budget report gives a brief overview of the ways we plan to manage the financial resources of Crosspointe for the upcoming fiscal year. As you would imagine, we remain flexible throughout the year to make adjustments to the budget depending on what resources are available. Our hope is that in every aspect of stewarding money, our church is marked by diligent wisdom and inspiring generosity.

By trusting Christ, trusting one another, and leveraging our resources, we have the opportunity to be a part of a beautiful community participating in a transformative movement of love and grace that helps people who have stopped listening, start to listen again.

I look forward to stepping into this upcoming year with you and making the most of the opportunities we’ve been given.

As always, if you have any further questions about the budget, please don’t hesitate to contact finance@crosspointe.org. Our finance team will gladly make themselves available to help in any way possible.

It’s an honor to partner with all of you.

Grace and peace,

Jonathan BowLead Pastor

TOTAL BUDGETED REVENUE

$3,994,388*

TOTAL BUDGETED INVESTMENTS

-$3,989,605

finance@crosspointe.org919.469.9111

CROSSPOINTE CHURCH6911 CARPENTER FIRE STATION RD

CARY, NC 27519

OPERATING BUDGET DIFFERENCE

$4,783

FY2019 BUDGET | PAGE 1

C H U R C HC ROSSPO IN T E

Aug-Oct Nov-Jan Feb-Apr May-July

$869,787

$1,250,000

$1,000,000

$750,000

$500,000

$250,000

-$250,000

-$500,000

-$750,000

-$1,000,000

-$1,250,000

$0

$1,142,146$1,076,219

$906,236

-$1,072,213 -$995,940 -$992,580 -$928,872

*As part of the lease agreement, approximately $800,000 of this $3,994,388 million in revenue is being recognized this fiscal year and being drawn from cash reserves due to the YMCA's prepayment of their 2nd year lease amount in a previous period.

Out of the $3,994,388 million of forecasted revenue, $2,125,000 is forecasted general offering. The difference ($1,869,388) is forecasted WHY Project, White Oak, and trips and events income for the period.

LISTEN AGAINENVIRONMENTSInvestments include items such as janitorial, landscaping, and building maintenance services, utilities, mortgage expense, and facilities supplies.

MISSIONSInvestments include missionary care, travel expenses for global and domestic missions, benevolence, and care ministry resources.

PROGRAMMINGInvestments include items such as music, production, media licensing and teaching resources and supplies.

CHILDREN’S MINISTRY (Infants—5th Grade)Investments include items such as curriculum, classroom supplies, and event supplies for this age range.

MIDDLE SCHOOL (6th Grade—8th Grade)Investments include items such as programming resources and supplies, trip costs, small group resources, and event supplies.

HIGH SCHOOL (9th Grade—12th Grade)Investments include items such as programming resources and supplies, trip costs, small group resources, and event supplies.

ADULTSInvestments include group resources, event expenses, guest experience costs and most expenses related to Christmas and Easter.

ADMINISTRATIONInvestments include organizational dues and subscriptions, professional fees and services, processing fees, capital expenses, and office supplies.

“Serving at Crosspointe has given my daughter a sense of place, a purpose, a place to love, to be silly, to play. A reason to stay

connected with her faith. Fortunately, Sunday mornings aren’t about being ‘right.’ They are about showing up, getting hugs and sharing

God’s love. The simple aspects of serving are a welcome contrast to the pressures, ugliness and comparisons that run

deep in high school and on social media.”

—

Alicia S.

“When we moved to North Carolina, it wasn’t under the best of circumstances. I was going through a painful divorce and not in a

good place. In need of a good church, we found Crosspointe the very month we moved here. The church has provided a wonderful

environment for my kids who have developed wonderful relationships with both friends and Christian role models and grown into

great young adults with servant’s hearts.”

—

Anonymous

PlannedOperating

Investments2018-2019

Administration22%

Adults10%

High School4%

Middle School5%

Children’s Ministry7%Programming

7%

Missions8%

Environments37%

FY2019 BUDGET | PAGE 2