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LCMS Convention Workbook St. Louis, Missouri — 1973, Page 365

Scan: The Lutheran Church—Missouri Synod
Transcription machine transcription, uncorrected

STEWARDSHIP AND FINANCE 361

BALANCE SHEET — CURRENT FUNDS

The Lutheran Church — Missouri Synod Exhibit A-1
ASSETS LIABILITIES AND FUND BALANCES
January 31 January 31
wis ~~ yy72 1973 1972
General Current Funds General Current Funds
Cash $ 19.062 S$ 352,522 College funds on deposit with Synod $3,096,767 $2,341,812
Investments — at cost (approximate market Accounts payable 86,271 156,187
value $38,031) 38.500 Deferred income . 1,262 39,500
Notes receivable 525,940 109,350 Fund balance 149,821 13,805
Miscellaneous accounts. deposits
and advances 554,035 271.165
Deferred charges 1,158,740 425.819
Investment in Commerce Building --_—-—— 697,003 .
Due from other funds 1,076.344 656,945
$3,334,121 $2,551,304 $3,334,121 $2,551,304
Current Fund Reserve Current Fund Reserve : :
Due from other funds ———HW———--— $1,260,182 $1,260,182 Fund balance ——-———-———_—__— $1,260,182 $1,260,182
Specific Funds Specific Funds a
Investments — at cost (approximate market Fund balances:
value: 1973 — $699,788; 1972 — Insurance reserve ———————_____ $ 678.734 S$ 662,287
$670,572) S$ 685,676 S$ 642.622 World relief 352.056 543,586
Notes and accounts receivable 5,897 Other 1,035,746 905,241
Accrued interest receivable 14,057 18,731

Deferred charges (net) — 125th anniversary 352,062

Due from other funds ———————-—_—_—_ 1,014,741 1,443,864
$2.066.536 $2,111,114 $2.066.536 $2,111,114

Agency Funds Agency Funds
Cash $ 208.860 $ 11.930 Accounts payable . $ 1.750 S$
Investments — at cost {approximate market Due to other funds 38.858

value: 1973 — $1,667,700; 1972 — Fund balances:

$1,418,691) _ 1.674.987 1.414.743 Church work deposit fees ———-—-—-— 1,561,021 1.384.565
Accrued interest receivable ————_-——— 19,190 11.632 Open Housing 246,692 251,558
Due from other funds — ee 217.485 Other 189,807 199.808

Loans receivable . 135,091 180,141
1,997,520 1,835,931

$2,038,128 $1,835.931 $2,038,128 $1,835,931

Sce notes to financial statements.

Exhibit A-2 Exhibit A-3
STATEMENT OF GENERAL CURRENT FUND INCOME,
EXPENSES AND FUND BALANCE RECEIPTS FROM DISTRICTS
The Lutheran Church — Missouri Synod The Lutheran Church — Missouri Synod
Year Ended January 31
Income 1973 1972 Year Ended January 31
Receipts from Districts: 1973
Regular $24,143,006 $23,892.030 .
Maximizing income projects ————\ 181,556 149,694 Maximiding 1972
24,324,562 34.041.724 Regular Income Total Total
Other sources: District
Concordia Publishing House ——_-——— 1,000,000 1.000.000 ue -
LLL Television Productions ———- 400.000 396.900 Alberta and Br. Col.. $ 167.500 $ 1.550 $ 169.050 Ss 148,439
LLL endowment earnings ——— 122,439 119.232 Atlantic 450,100 8.832 458,932 620,210
Armed Forces special collection ——- 145.097 179,112 California and Nev. - 500.000 4.151 504,151 478,391
Bequest and other trust funds ———— 507.741 519.022 Central Illinois 935,000 9,327 944,327 917,396
Transfers from specific funds: Colorado —_- -———- 262.000 4,952 266.952 254,130
Special Board of Higher Education Eastern 620,600 1.511 621,511 637,498
support 180,000 201.504 English — 1.200.000 13.810 1,213,810 1.255.720
Special Social Ministry support — 80,500 82.000 Florida-Georgia —— 480.000 1,217 481,217 466.881
Armed Forces — 109,482 67,340 Indiana 1,186,228 20,908 1,207,136 1,165,767
Television Productions 136,631 lowa District East — 625,000 1,447 626,447 622.134
Maximizing income projects —__——. 143,829 184.311 Jowa District West — 1.050.270 1,415 1,051,685 1,022,225
Other — individuals and agencies —- 220,407 150.179 Kansas ———. 725,000 167 725,167 710,216
3.046.126 2,899,600 Manitoba and Sask. - 140.000 791 140,791 127,836
* —_—- =. Michigan _ 2.350.948 23.980 2,374,928 2.259.916
27,370,688 26,941,324 Mid-South —____—. 245.000 128 245,128 230,082
Expenses Minnesota North —— 460.032 655 460.687 479,285
Budgeted: Minnesota South 1.687.158 11.915 1,699,073 1.687.587
Missions and special ministries $10.361.877 $10,321.010 Missouri oo 1.365.000 24.157 1,389,157 1,357,564
Higher education _ 9.589.757 9.411.454 Montana ———- _ 50,000 168 50,168 30,647
Communications ———-——_—— 1,242,188 1.136.614 Nebraska —-- — ~- 1,350,000 2,201 1,352,201 1,372,948
Parish services __ 681,757 732,439 North Dakota .—— - 236,597 1,051 217,648 204,086
Theology and church relations - —— 120,391 103,386 North Wisconsin —..- 1,146,561 6,935 1,153,496 1,110,173
Church government —_ 61.751 80.301 Northern Hlinois — — 1,285,000 6.681 1,291,681 1.320.752
Stewardship services — ee 244,436 247,680 Northwest ———— -— 585 000 2.080 587.080 558.064
Finance - 188.276 172.181 Ohio —_——__-. ——_- -— 671.800 1,643 673,443 675,748
General staff services —_— — 2.310.673 2.433.761 Oklahoma —-- —-—— — 270.000 1.449 271.449 267.365
General administration ——.——_—_—— 512.755 535,602 Ontario —— ———_ - 125.000 226 125,226 115,963
Inter-church cooperative work ——— 760,200 777.765 SELC -. —-- —-——- - 49,000 543 49,543 40,000
Grants and special endeavors 280,180 75.545 South Dakota ———— 300,000 1,016 301,016 303,444
Debt service 500,000 500,000 South Wisconsin —.- 1 tO ett; ees 1116-735
5 =49 =o ag Southeastern —_——. 286,000 1,92 9 .
26.854.241 _26.527.738 Southern ——__ - _— 286.000 494 286.494 273.634
Excess of Income over - Southern California - 500.000 1,726 501,726 501,058
. Budgeted Expenses —_____ 516,447 413,586 Southern IHinois — 529.940 6.501 536,441 570,561
Disposal of Commerce Building — Texas... 833.187 2.301 835.488 781.347
Note B 380.431 Wyoming -.— 62.000 7 62.007 55,010
Excess of Income over Argentine — 474 —- 474 1,000
Expenses 9 ————______—— 136,016 413,586 Brazil 1,669 — 1,669 —
Fund balance (deficit) at beginning
of year 13,805 (399,781) Total Receipts _. . 5
Fund Balance at End of Year $ 149.821 S$ _ 13.805 from Districts $24.143.006 $181,556 $24.324.562 $24,041,728
See notes to financial statements. See notes to financial statements.