ANNUAL REPORT & BUDGET
2020 ANNUAL REPORT & 2021 BUDGET
We believe that the point of our lives is to love like Jesus, share like Jesus, and live like Jesus, all for the sake of multiplying disciples locally and globally. Part of that mission requires finances, and thanks to the generous and faithful giving of our LifePoint partners, we are able to see God use the resources He has given us be put to work for the advancement of the Gospel. Thank you, LifePoint family, for investing in the eternal Kingdom of Jesus.
2020 ANNUAL REPORT
$1,352,086.00
Total Income via Contributions, Online Donations, In-Office Donations, ShareCampaign, Reimbursements, Funds Transfers, and Earned Interest.
-$43,647.00
Administrative Expenses (Accounting/Legal Fees, Bank Fees, Office Supplies & Expenses, Phone/Internet, Postage, Website/App, Temporary Import, Technology, etc.)
-$38,821.00
Next Generation Expenses (KidzLife, Wave, College Ministry)
-$198,815.00
Facilities & Utilities Expenses (Baptism/Lord's Supper, Guest Speakers, Guest Services & Hospitality, Volunteers, Marketing/Advertising, Off-Campus Meetings, Campuses and Rentals, General Liability Insurance, etc.)
-$214,445.00
Missions & Evangelism Expenses (Local, National, Global Missions, Church Revitalization, Southern Baptist Convention, Study Materials, etc.)
-$102,173.00
Capital Purchases & Equipment Expenses (Equipment Purchases, Capital Purchases, Campus/Building Upgrades, etc.)
-$571,198.00
Staffing Expenses (Ministerial, Associates, Regular Staff, Interns, Custodial/1099, Leadership Expenses, Payroll Liabilities, Workman's Comp., Conferences, etc.)
-$62,336.00
Worship & Production Expenses (Audio & Video, Instruments, Music Teams, Production, etc.)
-$125,651.00
Reserve Fund
2021 BUDGET
$1,355,000.00
Total Projected Income via Contributions, Online Donations, In-Office Donations, ShareCampaign, Reimbursements, Funds Transfers, and Earned Interest.
-$37,000.00
Administrative Expenses (Accounting/Legal Fees, Bank Fees, Office Supplies & Expenses, Phone/Internet, Postage, Website/App, Temporary Import, Technology, etc.)
-$70,500.00
Next Generation Expenses (KidzLife, Wave, College Ministry)
-$205,000.00
Facilities & Utilities Expenses (Baptism/Lord's Supper, Guest Speakers, Guest Services & Hospitality, Volunteers, Marketing/Advertising, Off-Campus Meetings, Campuses and Rentals, General Liability Insurance, etc.)
-$230,000.00
Missions & Evangelism Expenses (Local, National, Global Missions, Church Revitalization, Southern Baptist Convention, Study Materials, etc.)
-$100,000.00
Capital Purchases & Equipment Expenses (Equipment Purchases, Capital Purchases, Campus/Building Upgrades, etc.)
-$600,000.00
Staffing Expenses (Ministerial, Associates, Regular Staff, Interns, Custodial/1099, Leadership Expenses, Payroll Liabilities, Workman's Comp., Conferences, etc.)
-$45,000.00
Worship & Production Expenses (Audio & Video, Instruments, Music Teams, Production, etc.)
-$67,500.00
Reserve Fund
2021 LEADERSHIP PROPOSAL
Learn more about LifePoint's Leadership Team structure here.
Rick Hach
Chad Lusk
Jud Lusk
Blake Pitts
Brad Price
Josh Thomas
Chad Carroll
Darryl Broome
Ryan Cagle
Mike Lee
Eric Yoder
2020 MINISTRY HIGHLIGHTS
As crazy as 2020 was, by the grace of God, we were still able to see Him work in and through our church family. Since our Sunday gatherings were affected by the global pandemic, we had to resort to other forms of community, and test our commitment to growing disciples in small circles, not rows. In 2020, we had: