Year End Report 

Recently, Pastor Russell Johnson and Dr. Drew Howard, one of our Elders, preached through Nehemiah chapters 9-12.  These chapters recount the confession, worship, and prayer of the people, which became a signed, public covenant.  Like the people in the Book of Nehemiah, Drew reminded us that “We are called as people of God to give our time, talents, and treasures for the glory of God, so that we get to be participants in the work and worship of God.”  As Treasurer and a long-time member of the Finance Committee, I’ve been privileged to witness the commitment and generous giving of time, talent, and treasure by the members of Faith Bible Church.  Additionally, I’ve seen the pastoral and support staff’s faithful stewardship of the provided resources.  These attributes were once again on display as reflected in the financial results of the recently ended fiscal year.

As you can see in more detail in this annual report and the accompanying CPA’s audit report, Faith Bible Church’s financial condition is strong.  For the year that ended in March, General Fund giving was $106,000 short of the target of $6 million.  Total expenditures, however, were nearly $300,000 under budget, resulting in a surplus of $182,000 for the year.

In March 2025, your generosity enabled the Worship Center building loan to be retired, leaving the church debt free.  Consequently, instead of paying principal and interest on debt last year, we were able to repaint and replace the Northside roof and gutters for $257,000.

After having a budget of $6 million in each of the 3 previous years, a new budget of $6.3 million has been adopted.  Of the $300,000 increase, $80,000 is due to anticipated operating expense increases.  The General Fund allocation to Missions is being increased by $110,000, and an additional $110,000 is being set aside in reserve for future major repairs and maintenance of our campus.
It is a blessing to be part of providing oversight of Faith Bible Church’s financial matters.  

It is evident that many of you are committed to giving your time, talents, and treasures to participate in the work and worship of God; and for that we are extremely grateful.  Your generosity enables us through our many ministries to build generations of Jesus followers who take grace to the world.

As Faith Bible continues to take grace across the street and across the globe, we’re excited to celebrate growth in local partnerships, global mobilization, and financial generosity. Through your prayers, giving, and participation, the Lord expanded our mission’s footprint which allowed us to serve and strengthen our partners.

Locally, we increased our footprint by adding three new partners financially. These ministries are familiar to many in our church as they have been serving with them:

•Eyes On Me transforms communities through intentional discipleship, mentorship, and service.

•Love Fosters Hope serves children in foster care by modeling the character of Jesus, affirming their value, and equipping them for independent living.

•Journey Home is a Christ-centered maternity home that encourages and empowers women to live the lives God intended for them.
We look forward to locking arms with each of these ministries as we share the love of Christ in our community.

Globally, we continue to pray for laborers to serve in His harvest, and we are excited that two people from our church will serve full-time overseas. In addition, one hundred and fifty of you took a step of faith this past year by participating in short-term trips and connecting with our partners across the globe.

Faith Bible, I believe we are just scratching the surface of how God wants to use our church. Thank you for praying, giving, going, and partnering with us as we continue taking grace across the street and across the globe