Victory World Church
Norcross and Hamilton Mill Campuses
Financial Report
Year 2011
Cash Inflow
| Tithes and Offering |
$13,105,347
|
| Freedom Campaign
|
$680,530
|
| Missions |
$565,733
|
| iCare |
$273,497
|
| Seminars, Classes and Meetings |
$189,447
|
| Youth and Children Ministries
|
$134,709
|
| Master's Commission
|
$128,082
|
| Bookstore |
$79,655
|
| Alms |
$21,431
|
| Fusion |
$18,473
|
| Other |
$50,519
|
|
Total Cash Inflow
|
$15,247,423
|
Cash Outflow
| Missions/Needy/Outreach
|
$3,459,800
|
| Administrative Salaries (35 Full-time, 47 Part-time)
|
$2,238,680 |
| Church Operational Expenses
|
$1,325,368 |
| Principal Payments on Debt
|
$1,404,851 |
| Pastoral Salaries (32 Ministers Full-time, 7 Part-time) |
$1,288,818 |
| Purchase Fixed Assets |
$954,916 |
| Insurance, FICA and Other Employee Benefits
|
$908,095
|
| Pastoral Housing Allowance (32 Ministers Full-time, 7 Part-time) |
$863,274
|
| Utilities,Taxes & Insurance |
$610,037
|
| Maintenance, Repairs |
$389,910 |
| Youth and Children Ministries
|
$384,132 |
| Interest Expense |
$329,305 |
| Media, Music and Sound |
$302,075
|
| Master's Commission
|
$182,473
|
| Education and Training
|
$136,547 |
| Women's Ministry
|
$134,041 |
| Parking Lot Maintenance
|
$102,608 |
| Fusion
|
$88,100 |
| V-Group Ministry |
$63,977
|
| Bookstore |
$62,834 |
|
Total Cash Outflow
|
$15,229,841
|