2022 Budget Details
Citylight traditionally looks at our ministry expenses in six major areas. The proposed 2022 budget totals approximately $5 million in expenses across these areas. The area groupings provide a glance at the resource allocation at a high level. We want to ensure maximum financial allocation in areas that directly accomplish the mission of multiplying disciples and churches while limiting the indirect cost associated with ministry. This means we want to see more spending in Ministries and Missions, Pastoral, and Outside Giving while less on Facilities, Administration, and Ministry Support.
Area Groupings
ADMINISTRATION
$301,934.63
Salaries and Benefits
Office Supplies
Bank Charges and Fees
Professional Fees (Legal, Accounting, HR etc.)
MINISTRY SUPPORT
$469,638.10
Salaries and Benefits
Communications
Media Production
Livestream
Software and Platforms
MINISTRIES & MISSIONS
$1,790,709.71
Salaries and Benefits
Citylight Kids
Christian Education
City Groups
SALT Co.
Citylight Students
Worship
Care Ministries
Neighborhood Engagement
Global Focus
FACILITIES
$950,328.87
Salaries and Benefits
Maintenance
Janitorial Supplies and Services
Condo Association Dues
Utilities
Insurance
Building Improvements
Depreciation
Mortgage (Interest and Principal)
PASTORAL & CHURCH-WIDE MINISTRY
$1,188,912.98
Salaries and Benefits
Intern and Resident Program
Baptism and Member Events
Sunday Gathering
Hospitality
Honoraria and Speaking Fees
OUTSIDE GIVING
$311,000.00
Local Missions
Benevolence
Partner Giving
Church Plant Support
Global Missions
Highlights of the 2022 budget include:
- Stronger giving averaged over 8% increase month over month from previous year, as a result the 2022 giving plan was increased 10% over last year.
- Increase overall planned spending by approximately 10% compared to last year.
- Biggest Increases include Healthcare cost, Staff Salaries, and general program cost.
- Continued Planned 3X principal payments of the Midtown location to accelerate debt re-payment.
- Increase in Facilities due to additional space and the mortgage repayment acceleration.
- Increase in Outside Giving to accelerate church planting and global missions.
Chart of Account Detail
Below shows every Chart of Account that is used to track income and expenses.
Several important notes:
- We only budget for general operating income and expense. Any donations for specific use are not planned in the operating budget. This means that separate funds like Church Plants, Great Commission, Interns Support Raising, or Mission Trips will not have an impact on the budget.
- Although designated funds are not budgeted, Citylight does plan to spend or give in 2022 above the received designated funds for several Outside Giving aeras. These are funded by the general fund and are grouped in the “Outside Giving” grouping.
- The Mortgage Principal is not typically included in an expense (And Budget). But because the team’s desire to intentionally allocate additional funds in 2022, an expense account was created with a sub-account to offset the expense as payments are made throughout the year.
2022 Budget
| Account Number | Account Name | Annual Budget $ |
|---|---|---|
| INCOME | ||
| General Income | ||
| 4001 | Online Giving | 2,750,000.00 |
| 4002 | In-Person Gathering Giving | 1,350,000.00 |
| 4003 | Mailed Giving | 920,000.00 |
| 4004 | Stocks and Other Gifts | 0.00 |
| 4005 | Intern Giving | 0.00 |
| 4006 | Church Planting Giving | 0.00 |
| 4007 | Outside Giving | 0.00 |
| 4008 | Interest Income | 0.00 |
| 4009 | Benevolence | 0.00 |
| Total General Income | 5,020,000.00 | |
| Other Income | ||
| 4100 | Other Income | 40,000.00 |
| 4105 | Registration Fees | 75,000.00 |
| 4110 | Wedding Deposits | 3,000.00 |
| Total Other Income | 118,000.00 | |
| Total Income | 5,138,000.00 |
| Account Number | Account Name | Annual Budget $ |
|---|---|---|
| EXPENSE | ||
| Personnel Expenses | ||
| 5001 | Salaries Expense | 2,083,340.76 |
| 5001.1 | Interns Salaries | 0.00 |
| 5001.2 | Housing Allowance | 284,244.00 |
| 5001.5 | ER Payroll Taxes | 159,495.52 |
| 5002 | Health Insurance | 222,000.00 |
| 5003 | Retirement | 184,000.00 |
| 5004 | HRA Expense | 120,000.00 |
| 5006 | Tuition and Books | 48,000.00 |
| 5007 | Other Benefits | 0.00 |
| Total Personnel Expenses | 3,101,080.28 | |
| General Expenses | ||
| 5101 | Programs | 416,500.00 |
| 5102 | Events | 90,750.00 |
| 5102.1 | Wedding Events | 0.00 |
| 5103 | Staff Training | 39,000.00 |
| 5104 | Rent | 6,000.00 |
| 5105 | Equipment (Expensed) | 27,000.00 |
| 5106 | Maintenance | 25,000.00 |
| 5107 | Janitorial | 95,000.00 |
| 5108 | Condo Association Dues | 70,000.00 |
| 5109 | Utilities | 60,000.00 |
| 5110 | Phone and Internet | 10,000.00 |
| 5111 | Insurance | 22,150.00 |
| 5112 | Transportation | 0.00 |
| 5113 | Books and Subscriptions | 8,500.00 |
| 5114 | Office Supplies | 30,000.00 |
| 5115 | Printing | 0.00 |
| 5116 | Bank Fees | 20,000.00 |
| 5117 | Meals | 40,400.00 |
| 5118 | Travel | 10,000.00 |
| 5119 | Hospitality | 10,000.00 |
| 5120 | Professional Fees | 45,000.00 |
| 5121 | Software and Platform Subscriptions | 35,144.00 |
| 5122 | Building Improvements | 15,000.00 |
| Total General Expenses | 1,075,444.00 | |
| Outside Giving | ||
| 5201 | Great Commission Fund - Expenses | 0.00 |
| 5202 | CL Missionaries - Expenses | 25,000.00 |
| 5203 | Local Missions - Expenses | 6,000.00 |
| 5204 | Church Multiplication - Expenses | 150,000.00 |
| 5205 | Benevolence - Expenses | 30,000.00 |
| 5210 | Partner Giving - Expenses | 100,000.00 |
| Total Outside Giving | 311,000.00 | |
| Other Expenses | ||
| 5401 | Interest Expense | 215,000.00 |
| 5402 | Budget for Mortgage Principal | 310,000.00 |
| 5403 | Mortgage Principal Offset | 0.00 |
| Total Other Expenses | 525,000.00 | |
| Total Expenses | 5,012,524.28 | |
| Net Income (Loss) | 125,475.72 |
Another helpful view of the proposed budget is by Citylight Ministry Teams. We have a great team of 60 employees across 14 teams. The teams are allocated portions of the above budget. The below table shows the total expenses segmented by allocation group.
Ministry Teams
| Team | Annual Budget | |
|---|---|---|
| 100 - Care | 158,217.91 | |
| 120 - Intern | 283,852.54 | |
| 150 - CL Kids | 386,317.72 | |
| 200 - City Groups | 158,952.05 | |
| 250 - Students | 257,743.23 | |
| 300 - SALT | 201,966.05 | |
| 350 - Worship | 179,306.35 | |
| 400 - Pastoral | 905,060.43 | |
| 450 - Facilities | 950,328.87 | |
| 500 - Admin | 301,934.63 | |
| 550 - Ministry Support | 469,638.10 | |
| 600 - Neighborhood Engagement | 127,700.73 | |
| 650 - Global Focus | 64,067.80 | |
| 700 - Serving Teams | 85,718.59 | |
| 750 - Christian Education | 170,719.27 | |
| 900 - Outside Missions/Partners | 311,000.00 | |
| Total Expense | 5,012,524.28 |
Buildings are a significant portion of the Citylight Operating budget. The below tables show the allocations for our two locations. Note – These are rolled into the Facilities Team allocation shown above.
Midtown location
| Account Name | Annual Budget | |
|---|---|---|
| Rent | 6,000.00 | |
| Maintenance | 11,000.04 | |
| Janitorial | 24,999.96 | |
| Condo Association Dues | 46,956.00 | |
| Utilities | 24,000.00 | |
| Depreciation - Buildings | 90,000.00 | |
| Interest Expense | 62,081.88 | |
| Budget for Mortgage Principal | 143,209.80 | |
| Total Expense | 408,247.68 | |
| Net Income (Loss) | -408,247.68 |
West location
| Account Name | Annual Budget | |
|---|---|---|
| Maintenance | 30,000.00 | |
| Janitorial | 39,999.96 | |
| Utilities | 48,000.00 | |
| Depreciation - Buildings | 24,999.96 | |
| Interest Expense | 179,018.04 | |
| Budget for Mortgage Principal | 150,882.36 | |
| Total Expense | 472,900.32 | |
| Net Income (Loss) | -472,900.32 |