Financial Update

Below you will find Covenant's financial information through April 2025.

If you have questions regarding the budget, please contact Marty Crawford in the church office or members of the Finance Committee: Will Bennett, Gary Gorham, Will Graham, Jeff Hicks, Stephen Mince, Matt Searson, John Shank, and Todd Sitton.

GENERAL FUND GIVING
(125 commitments totaling $2,557,567)

Budget: $2,058,335

Receipts: $1,969,285

Expenses: $1,992,955

2025 Operating Surplus/(Deficit): ($23,670)

2025 Operating Reserve: $976,330

2025 Line of Credit: $0

 

FAITH PROMISE GIVING
(47 commitments totaling $197,780)

Budget: $124,825

Funds Received: $221,636

Funds Disbursed: $124,825

Faith Promise Reserve: $351,993

Mission Disbursement from General Fund: $153,982