2025 Stewardship Budget
The stewardship budget for 2025 0f $925,000 not including $440,000 for capital improvement expenditures. Our 2025 capital improvements consisted of Phase 3 Masonry work on Latto center and church, Latto center new windows and Phase 2 of parking lot resurfacing and Latto center classroom renovations. Total anticipated expenditures for 2025 is $368,000.
Stewardship Actuals – Year to Date
For the first month ending 9/30/2025, stewardship received a total of $639,233 from 458 donor families. Compared to the same period last year, stewardship decreased by $24,823 or just under 4%.
Stewardship Actuals – Fiscal Year
Total Stewardship Received for FY2024 was $892,059 about a 4% increase over the prior year. It should be noted that the line item on our financial statements labeled as “Total Stewardship Received” excludes any one-time donations for stewardship whether or not it is restricted or unrestricted for operational or capital purposes. Based on stewardship received thru September 2025, a decrease in stewardship is forecast.
As of 12/31/2024, we had 590 donor families supporting our ministries and annual budget compared to 578 families at 12/31/2023. We are thankful and grateful for all your support.