December 31 marked the end of the calendar year and the midpoint in AHCC’s fiscal year which runs from July 1, 2021 to June 30, 2022. This is the time in the year that the Administration & Finance Committee* takes a close look at not only a forecast of this year’s 12-month financial results but also how we are positioned to strengthen the church’s finances in our 3-year plan.
In line with other churches’ experience, AHCC’s contributions have trended downward consistently for the last 5 years due to external trends (e.g., demographics) as well as significant disruptions (e.g., the pandemic). As the largest component of our income, members’ and friends’ contributions are critical to our ability to sustain the missions and activities of the church. We are happy to report that this year’s forecast projects contributions to be slightly higher than our original budget and slightly higher than last year’s contributions.
It would be premature to declare this good news to be a significant turn in the tide of income decline. However, we are encouraged, we will continue to monitor closely, and we are actively collaborating with leaders across the committees of AHCC to take the steps necessary to return to income growth and sustainable financial health.
Our church community’s aspirations – to return to and exceed pre-pandemic activity levels as soon as possible and to undertake the exciting initiatives envisioned in our Strategic Roadmap – require that we address this challenge. The charts below depict how our missions and activities will be supported this year.
We are delighted to share this first sign of good news with everyone! I welcome your observations and questions. Please contact me directly or email me at firstname.lastname@example.org.
Administration & Finance Committee Chair
*This year’s Administration & Finance Committee members are Jim Bannister, Jim Carter, Jeremy Claflin, Africka Hinds, Claudia Lindsey, Tom Pringle, and Erica Thompson