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The Alliance Meets Budget


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#1 Jason Linscombe

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Posted 29 June 2010 - 04:27 PM

via cmalliance.org/news

The Christian and Missionary Alliance met and even exceeded its $36,947,015 budget with a surplus at the close of the fiscal year. The fiscal year ends June 30, 2010. Now what?

Allocations of additional funds will be held in reserve until revenue trends in the new fiscal year are determined. If allocations are made, we will follow this formula.

  • Cash reserves to equal 40 days.
  • After the cash reserve target is met, 85% of the remainder would be allocated to International Ministries and Church Ministries. From this amount, 75% would be appropriated to International Ministries and 25 percent to Church Ministries.
  • The remaining 15% would be allocated to Development and Operations/Finance.


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#2 Bernie Anderson

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Posted 30 June 2010 - 08:46 PM

Can we "like" this? Need Facebook like "thumbs up" in that one...
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#3 Guest_Marvin Harrell_*

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Posted 29 July 2010 - 07:34 AM

i like very much!