Finance Team

Finance Team Update – March 2015

Submitted By Lori Sirtosky

We are financially pretty healthy. Since November of last year, we have been able to increase our balance by over 55%. A combination of a few steady pledges and fewer expenses contributes to this savings.

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Finance Team Update – February 2015

Submitted By Lori Stone Sirtosky

All 1099 documents have been prepared and sent out to our contractors. We are using a third-party website to prepare and distribute these documents called www.track1099.com. It was relatively painless compared to the stress of attempting to use the IRS FIRE e-filing system.

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Finance Team Update – January 2015

Submitted By Lori Stone Sirtosky

We complete 2014 in good shape. We are receiving enough to cover our expenses, including increased outreach this year and investments in lay leadership by supporting 10 individuals who participated in OWL facilitator training and H-UULTI as well as expenses associated with building infrastructure as we begin to formalize.

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Finance Team Update – December 2014

Submitted By Lori Stone Sirtosky

We have completed entering all transactions that predate the opening of our bank account (from June 10, 2012 to October 6, 2014) into our bookkeeping software. We can now run meaningful financial reports to analyze our position.

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Finance Team Update – November 2014

Submitted By Lori Stone Sirtosky

The Finance Team continues to enhance the infrastructure for accepting payments and tracking funds.

As part of the QuickBooks Online service, Sacred Path activated Payments Standard for no additional monthly charge. This service allows us to collect payments via ACH, or credit card and invoice people who have made a pledge to the church that the donor will receive via email and can settle with an online payment if desired.

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Finance Team Update – October 2014

Submitted By Lori Sirtosky

The Finance Team is very pleased to report that we have established a bank account. We are in the process of establishing a method to make night deposits (on Sundays) so that we can deposit cash receivables the day we receive most of them.

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