Victory World Church
Financial Report
Year 2010
Cash Inflow
| Tithes and Offering |
$11,020,500 |
| iCare |
$841,892 |
| Missions |
$491,357 |
| Youth and Children Ministries |
$137,044 |
| Master's Commission |
$120,549 |
| Seminars, Classes and Meetings |
$114,660 |
| Bookstore |
$66,419 |
| Alms |
$50,369 |
| Fusion |
$26,884 |
| Other |
$26,118 |
|
Total Cash Inflow
|
$12,895,792
|
Cash Outflow
| Missions/Needy/Outreach
|
$2,652,609
|
| Administrative Salaries (37 Full-time, 48 Part-time)
|
$2,182,451
|
| Church Operational Expenses
|
$992,307
|
| Pastoral Salaries (28 Ministers Full-time, 7 Part-time)
|
$954,363
|
| Principal Payments on Debt
|
$923,400
|
| Pastoral Housing Allowance (28 Ministers Full-time, 7 Part-time)
|
$792,636
|
| Insurance, FICA and Other Employee Benefits
|
$712,301
|
| Conversion to DigitalVideo from Analog
|
$691,000
|
| Purchase Fixed Assets
|
$537,240
|
| Rent, Utilities & Insurance
|
$503,980
|
| Interest Expense
|
$370,179
|
| Youth and Children Ministries
|
$356,130
|
| Maintenance, Repairs
|
$327,837
|
| Elementary Children's Ministry Renovation
|
$299,715
|
| Media, Music and Sound
|
$214,199
|
| Master's Commission
|
$113,271
|
| Education and Training
|
$104,200
|
| Fusion
|
$83,145
|
| New classrooms in V-4
|
$73,122
|
| Small Group Ministry
|
$69,652
|
| Bookstore and Tapes
|
$53,356
|
|
Total Cash Outflow
|
$13,007,093
|