Finance
Report
Below is a brief finance summary report as of April 30, 2026, versus the year-to-date 2026 budget.
If anyone has any questions regarding the report below, please contact the
chair of the Finance Committee, Brenda Olejnik (519-268-3385). The
questions will then be shared with the rest of the Finance Committee, and
as a group they will respond accordingly.
Dorchester United Church
Year To Date Profit & Loss Actual vs Budget
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April 30, 2026
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YTD Budget
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Over/Under Budget
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Income
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|
|
|
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General Offerings*
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25,573.87
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21,666.67
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3,907.20
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Memorial Offerings
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1,390.00
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0
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1,390.00
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Events
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9,399.00
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7,333.33
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2,065.67
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Other
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701.36
|
600.00
|
101.36
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Investment Income
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340.00
|
316.66
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23.24
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Total Income
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37,404.23
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29,916.66
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7,487.57
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Expenses
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44,213.72
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41,846.29
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2,367.43
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Net Income (Loss)
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-6,809.49
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-11,929.63
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* Includes online donations/excludes bequest of $142,857.
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Net Loss Covered By: Cash – General Account + Investment Transfers
Summary
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April 30, 2026, YTD Net Loss of $6,809.49, under budget
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YTD Net Loss covered by - Cash from General Account + Investment Transfers
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Income above budget by $7,487.57 (Includes Memorial Offerings)
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General Offerings above budget by $3,907.20
- Events above budget by $2,065.67
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Expenses above budget by $2,367.43
Investments
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Investment transfers currently at a monthly withdrawal of $1,500
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Investment transfers YTD - $6,000
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Investments closing balance as of February 28, 2026 - $255,306.61 (Unrestricted Funds $199,919.22 + Restricted Funds $55,387.39)
Mission & Services
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Annual 2025 Target - $13,000
- March 31, 2026 - $3,348.00 versus YTD target of $3,250.00
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