Summary

Third quarter was financially strong with generous giving, successful fundraising, and a couple of extra-large facility rentals. We also celebrated our 10th anniversary in RiverLife style—with a huge famly picnic full of worship, activities, and fun.

Ministry Highlights

• Pastor Greg returned from his sabbatical in August, refreshed and ready to launch us into the next decade.

• We celebrated our 10-year anniversary with a giant, all-church picnic.

• We worked 8 Twins games, raising $6,700.

• We raised $7,235 for the annual Thrive Youth Annual Fall Retreat. Thank you for investing in the next generation.

• We welcomed a new intern from Crown Colllege.

Attendances

• Attendence returned to normal levels after a typical summer dip.

• Quarterly average attendances were steady with slight increases compared to Q2.

  • St. Paul, Brooklyn Park, Online—3% increase (289 vs. 281)

  • St. Paul—5% increase (159 vs. 152)

  • Brooklyn Park—1% increase (115 vs. 114)

• For the whole year, attendance has remained steady.

Financial Update (Q3)

Balance Sheet

Income: $95,868
Expenses: $91,021
Net: +$4,846

Revenue Sources

Offering: 84%
Facility Rental: 8%
Fundraising: 7%
Misc: 1%

Budget

Revenue: 107% of budget
Expenses: 102% of budget
Our expenses are almost right on budget for this time of year, and our revenue is ahead of budget.

Progress on 2024 Goals

1. Develop a comprehensive discipleship strategy.

   • We have had some conversations of what discipleship could look like in 2025.

   • No significant progress on this goal in Q3.

2. Improve the capacity and depth of our volunteers and leader.

   • We added new volunters in over half of our ministries.

   • We welcomed a new intern from Crown College.

3. Stabilize and strengthen our financial position.

   • We finished Q3 strong, with $4,846 more revenue than expenses and $19,000 in our account.

   • Through 2024, our total income is $14,000. We’ve received 55% of our budgeted income while spending 51% on expenses. We’re right on track with our budget!

   • We worked 8 Twins games, raising $6,700.

4. Become a voice of influence for Next-Gen Hmong Ministry

   • No significant progress on this goal in Q3.