Victory World Church
Norcross and Hamilton Mill Campuses
Financial Report
Year 2012
Cash Inflow
| Tithes and Offering |
$16,433,700
|
| Year of Dreams/Freedom Campaign
|
$830,574
|
| Missions |
$684,581
|
| Masters Commission |
$596,522
|
| Borrowed Cash for Hamilton Mill Renovation |
$313,562
|
| Youth and Children Ministries
|
$157,113
|
| Seminars, Classes and Meetings
|
$149,156
|
| Bookstore |
$121,977
|
| Fusion |
$32,789
|
| Christian School |
$23,092
|
| Alms |
$21,747
|
| Other |
$29,335
|
|
Total Cash Inflow
|
$19,394,148
|
Cash Outflow
| Missions/Needy/Outreach
|
$3,430,108
|
| Church Operational Expenses
|
$2,915,566 |
| Administrative Salaries (44 Full-time, 49 Part-time)
|
$2,415,577 |
| Purchase Fixed Assets
|
$2,246,316 |
| Principal Payments on Debt |
$1,352,700 |
| Pastoral Salaries (37 Ministers Full-time, 10 Part-time) |
$1,313,466 |
| Insurance, FICA and Other Employee Benefits
|
$1,021,370
|
| Pastoral Housing Allowance (37 Ministers Full-time, 10 Part-time) |
$1,012,873 |
| Maintenance, Repairs |
$577,897 |
| Youth and Children Ministries |
$490,133 |
| Utilities, Taxes & Insurance |
$467,609 |
| Media, Music and Sound
|
$428,113 |
| Master's Commission |
$351,573 |
| Interest Expense |
$319,626 |
| Equipment Capital Lease Payments |
$266,316 |
| Women's Ministry
|
$165,099 |
| Parking Lot Maintenance |
$156,650 |
| Education and Training |
$125,940 |
| V-Group Ministry |
$103,346 |
| Bookstore |
$96,609 |
| Fusion |
$69,977 |
|
Total Cash Outflow
|
$19,326,864
|