Word Tabernacle Church is more than a building consisting of four walls. We believe in the inspired and infallible Word and Words of God, and we are dedicated to the life-changing, life-saving Gospel of our Lord and Savior, Jesus Christ. Word Tabernacle Church is a spiritual vehicle committed to socio-economic, system-level change via our Vision and Mission. Word Tabernacle Church is a five-generation church housed within The Impact Center located at 821 Word Plaza in Rocky Mount, North Carolina. WE ARE THE CHURCH.
Our Vision: EVERYONE THRIVING Our Mission: People empowering people and communities in every area of life to the Glory of God
OUR CORE VALUES ACCOUNTABILITY AUTHORITY COMMUNITY EQUITY GENEROSITY QUALITY
OUR 7 AREAS of ENGAGEMENT CIVIC ENGAGEMENT EDUCATIONAL ATTAINMENT ECONOMIC EQUITY HOUSING & HOMELESSNESS HEALTH DISPARITIES FOOD INSECURITY GLOCAL WITNESS
OUR AGENDA ▪ MEETING CALLED TO ORDER/PURPOSE ▪ AGENDA REVIEW ▪ SCRIPTURE READING ▪ PRAYER ▪ MEETING MANNA ▪ REVENUES & EXPENSES ▪ FINANCIAL POSITION ▪ REPORTING OF MINISTRY & OPERATIONS ▪ STATE OF THE CHURCH REPORT ▪ PASTORAL EMPHASIS ▪ QUESTIONS & COMMENTS ▪ CLOSING PRAYER & ADJOURNMENT
• NKJV - avoiding this: that anyone should blame us in this lavish gift which is administered by us 21 providing honorable things, not only in the sight of the Lord, • but also in the sight of men • NIV – We want to avoid any criticism of the way we administer this liberal gift. 21 For we are taking pains to do what is right, not only in the eyes of the Lord but also in the eyes of men. • The Message Bible – We don’t want anyone suspecting us of taking one penny of this money for ourselves. 21 We’re being as careful in our reputation with the public as in our reputation with God. 2 CORINTHIANS 8:20-21
As a Member of Word Tabernacle Church, you have the right to: • Know how the funds of an organization are being spent. • Know what the programs you support are accomplishing. • Know that the organization complies with federal, state, and municipal laws. • Restrict or designate your gifts to a particular project within the organization’s mission objectives. • A timely and courteous response to your inquiries about finances and programs. • Give cheerfully without being pressured by the organization. • Obtain a copy of the organization’s most recent audited financial statements. • Know that there is a responsible governing board providing oversight to the organization’s mission. • Know that all appeals for funds are truthful and accurate.
Belinda Whitaker, Board of Directors SCRIPTURE
[5] Trust in the Lord with all your heart, And lean not on your own understanding; [6] In all your ways acknowledge Him, And He shall direct your paths. [7] Do not be wise in your own eyes; Fear the Lord and depart from evil. [8] It will be health to your flesh, And strength to your bones. [9] Honor the Lord with your possessions, And with the firstfruits of all your increase; [10] So your barns will be filled with plenty, And your vats will overflow with new wine. Proverbs 3:5-10 NKJV
PRAYER Dwight Flowers, Tarboro Community Pastor
James D. Gailliard, Senior Pastor MEETING MANNA
2023 FINANCIAL OVERVIEW
INCOME & EXPENSE STATEMENT
We ask members to support Tithes, Pastoral Support, and Project Thrive. • Contribution Income was $3.5M • Tithes = $2.96M, 102% of budget • Offering = $364K, 120% of budget INCOME ANALYSIS
INCOME COMPARISON 2022 • Tithes= $2,632,046.72 • Offering= $290,920.73 • Project Thrive= $156,379.55 • Pastoral Support= $89,818.07 • Missions= $3,951 • Overall Income= $4,190,977.08 2023 • Tithes= $2,966,284.93 • Offering= $364,733.97 • Project Thrive= $117,644.64 • Pastoral Support= $101,020.39 • Missions= $11,643.70 • Overall Income= $4,146,656.08
Contributions from Q1-Q3 averaged $858K. Spike in Q4 to a little over $1M. 2023 Quarterly Contributions
Increase in per capita giving and overall increase in number of givers as the year progressed. Highest per capita giving reached $733.26.
• Member & Partner Giving • 49% of members gave in 2023 • Members and Partners were 60% of givers • Gave 94% of contributions • Average $2,433.76/giver • Non-Member Giving • 40% of all givers • Gave 6% of contributions • Average $223.57/giver
Member Youth (0-18) participation percentage doubled since 2020. Members ages 40-59 were the greatest givers in number at 43% and in dollars at 47.34%
INCOME REVIEW • Contribution Income was $3.5M • Tithes = $2.9M, 102% of budget • Pastoral Support = $101K, 92% of budget • Thrive = $118K, 42% of budget • Increasing trend in quarterly contributions • Youth member participation percentage doubled • Numerous active grants during the year; received $171K • Total Income was $4.1M, 103% of budget for the year
Top 3 Centers with highest expenses: 1. The Impact Center 2. Campus Operations 3. Performing Arts & Media EXPENSE ANALYSIS
EXPENSE COMPARISON 2022 • C3 Success= $244,878.03 • Faith & Family= $281,816.52 • Community & Capacity= $317,589.95 • Performing Arts & Media= $240,422.16 • Overall Expenses= $3,755,007.60 2023 • C3 Success= $221,484.50 • Faith & Family= $291,394.61 • Community & Capacity= $246,155.02 • Performing Arts & Media= $420,424.63 • Overall Expenses= $3,746,950.74
Expenses remain constant Q1-Q3. Spike in Q4 likely due to Homecoming, Holiday Concert, E4 Conference expenses, and accruals. 2023 Quarterly Expenses
2023 Expenses by Function • We currently employ 68 individuals causing personnel to be the greatest expense. • Ministry and Outreach is the 2nd highest expense followed by Office & Occupancy.
Capital Expenditure • A total of $318K was spent on capital projects. o $249K on the buildings o $69K on media equipment
EXPENSE REVIEW • Expenses were $3.7M, 108% of budget for the year • Centers with greatest expenses were: The Impact Center, Campus Operations, and Performing Arts & Media • Employment, Ministry & Outreach, and Office & Occupancy were top functional expense areas • 68 paid personnel • Continued capital investment in Word Plaza and other Campuses
December 2023 Balance Sheet Assets Cash & Equivalents Accounts Receivables Fixed Assets Accumulated Depreciation Total Assets Liabilities Current Liabilities Mortgages/Loans Total Liabilities Total Net Assets $1,205,143.80 $132,040.57 $15,221,637.74 $(2,959,299.53) $13,599,522.58 FINANCIAL POSITION $35,216.60 $6,130,554.77 $6,156,177.37 $7,433,751.21
2023 Key Financial Notes • Total income was $4.1M oLess than 2022 • Total expenses were $3.7M oLess than 2022 • Centers with greatest expenses were: The Impact Center, Campus Operations, and Performing Arts & Media • Positive net income of $399,705.34 oLess than 2022, 2022 net income was $435,969.48 • Continued capital investment • $7.4M in Total Net Assets
REPORTING of MINISTRY & OPERATIONS
Kyle Johnson, NextGen Pastor C3 SUCCESS CHILDHOOD | COLLEGE | CAREER
The Next Gen: Jesus Years What's a Next Gen Pastor Preparing people for the 30-year-launch! Children Birth-3rd Grade Preteen 4th-6th Grade Youth 7th-13th Grade Young Adults 18-29 years old College: post High School- College Graduation (approximately 21 years old) Launched Young Adults: 18-29
Next Gen Vision A generation of disciples who are adequately equipped to successfully navigate through and thrive in all realms of life. Next Gen Mission Build Relationships Develop Disciples Equip Stakeholders Empower Generations
ENGAGED AND TOUCHED We measure the enrollment and "touches" through attendance and engagement.
HOLISTIC DEVELOPMENT • Integrated throughout the church • Supporting all Aspects • Employment, Education, Etiquette • Connecting to each other, The Church and The Community
What's Coming Introducing Orange thinkorange.com Young Adult Relaunch College Ministry Relaunch Expanding Children's Church to 8am Service We Need: 50 Investors So, affectionately longing for you, we were well pleased to impart to you not only the gospel of God, but also our own lives, because you had become dear to us. 1 Thessalonians 2:8 WORDTAB.NET/NEXTGEN
Stephanie Battle, Associate Pastor FAITH & FAMILY
106 % 277 NEW MEMBERS 103 BAPTISMS 507 DECISIONS 138 % 116 % 55% Conversion Rate
MINISTRY ENHANCEMENTS • Improved & Increased communication for New Members Class o Shelby Communication o Altar Counselor Card o Follow-up Call • Increased options for New Members Class o On-campus o Virtual o Self-paced
Goal: To sustain a Standard of Care that supports Everyone Thriving. Care . Connect . Cultivate 35 NC Counties 17 States
CARE • Care Report Form – available on website & Ministry One App • Care Coordinator • Care Team – every member is connected to a Care Team Leader, Care Leader, Minister, & Elder. • 70 & older receives monthly phone call • Aggressively & actively recruiting District Care Leaders. CONNECT CULTIVATE • 1st Sunday Connects • Increased use of Shelby Communication • 4th Tuesday Fellowship Dinners • First Gen Meeting & Fellowship • Discipleship o Appointed leaders to coordinate small group development. o Appointed leaders for Marriage Ministry • Mentorship o 30 Mentor Coaches through W2W o 80 Mentors o 127 Mentees
Stephanie Battle, Associate Pastor HEALTH & WELLNESS
HEALTH IMPACT Red Cross Blood Drives Collected 128 units of blood with 4 blood drives. One unit of blood can save up to 3 lives. We donated enough blood to save up to 384 lives. Since 2021 to now, we have hosted 42 blood drives and have collected 1,735 units of blood, impacting up to 5,205 lives. COVID-19 Self Test Kits In partnership with the North Carolina Department of Health and Human Services (NCDHHS), Word Tabernacle Church is classified as a Community Access Point for free, at-home COVID-19 self-test. We gave away approximately 6,000 tests. Community Health Fair we had approximately 300 attendees & over 40 exhibitors.
HEALTH IMPACT • Individual counseling sessions: 65 • Marriage counseling sessions: 14 • Pre-Marital classes = 5 couples • Grief support group sessions = 8 (20 per session) • Referrals = 6
Trishonda Roberson, Community Pastor/Thrive Cities The REACH Center, Executive Director COMMUNITY & CAPACITY
Housing & Homelessness Food Insecurity Glocal Witness
The REACH Center Regional Housing Lead for 8 Counties 50 families enrolled in Rapid Rehousing or Homelessness Prevention Program Coordinated Entry & Unsheltered Access Lead Coordinated services for approximately 301 individuals across 8 counties.
The REACH Center 2370 calls – 62% resource and financial assistance, 36% housing, 2% domestic violence NCCADV Rural Grant 26 counseling sessions, 14 rent/utility/food assistance, 11 people trained on Trauma Healing with WorldImpact
Mobile Food Market Grocery Bags for Seniors Program 20 Seniors enrolled- 160 cards distributed Food Pantry- 94 individuals served 132,103 pounds of food distributed 7263 individuals served • 29% children • 28% adults • 43% seniors Monthly Mobile Food Market
COST Program The mission of our COST Program (Creating Organizational Structures for Transformation) is to assist in developing the capacity of nonprofits and churches across the region. • Nonprofit Roundtables • Book Studies • Consulting & Coaching 30 organizations from 6 counties across the region attended our Nonprofit Roundtable launch. Consulting & Coaching for 6 Organizations • 2 for program evaluation & grant research • 2 church assessments for nonprofit startup • 1 community organizational assessment for startup • 1 completion of state and federal filings