2023 Bagel Report
Here are the answers to the email quiz.
1. How many bagels did Sanctuary serve on Sundays in 2023?
ANSWER: 3,150. Yes, that’s a lot of bagels. But more importantly, that’s a lot of happy people.
2. About how many bagels did you personally eat at Sanctuary in 2023? (we promise not to judge)
ANSWER: As many as you wanted, and we’re so glad. Keep enjoying them.
3. What percentage of the total bagels served were cinnamon & sugar bagels?
ANSWER: 30%. Gotta keep the kids happy. Rarely are there any leftover cinnamon & sugar bagels.
4. What kind of cream cheese is most popular at Sanctuary?
ANSWER: Trick question - it’s a tie! Plain and strawberry are the clear favorites. Every Sunday we go through about 2 containers of each.
5. About how much money does Sanctuary spend on Sunday refreshments annually? (for bagels, coffee, juice, etc...)
ANSWER: $8,500. That’s what it takes to keep our Sunday party rockin’. May our coffee cups continue to overflow and the bagel table continue to delight in 2024.
And here’s the full 2023 financial report….
2023 Financial Report
Below is a summary of the church finances from 2023. If you have any questions about the finances, feel free to contact any board member, or use the general email board@sanctuaryic.org.
Some Key Takeaways:
We’re so grateful for everyone’s continued generosity. Thank you!
In keeping with our traditional practice of giving away 10% of all our donations, we gave almost $48,000 to charitable organizations, local nonprofits, and individuals facing financial need.
We ended the year with a deficit of about $35,000, but we still have about $85,000 in cash reserves. A significant portion of our deficit can be explained by two items. First, we had about $17,000 in unanticipated repairs to our sprinkler system. This kind of expense is rare, and we don’t expect to experience it again. Second, we had about $6,000 in one-time staffing expenses. That leaves a remaining $12,000 due to lower overall donations for the year.
Thank you to everyone who contributes to Sanctuary to help us grow into all God is calling us to!
Everyone who made a financial contribution to Sanctuary in 2023 will receive a giving statement in the mail by early February. Contact the staff or board if you do not receive a giving statement.
2023 FINANCIAL SUMMARY
2023 Income
2023 INCOME: $479,612
Donations: $476,855
Facility Rental: $125
Interest Income: $2,632
2023 Expenses
2023 EXPENSES: $514,667
Facility: $115,872
Office/Legal/Professional Operations: $15,065
Ministries: $32,052
Staffing/Personnel: $304,075
Hands On Faith and Other Giving: $47,603