Go

Contact Us

  • Phone: (662) 238-2919
  • Email: 
  • Address:
    304 Heritage Dr #2 Oxford, MS 38655

Service Times

  • Sunday: 9:00 AM
  • Sunday: 10:30 AM

Budget

Welcome to the Grace Bible Church financial page. We believe it is important for churches to be transparent in their finances, as we recognize that whatever gifts and offerings we receive ultimately come from God and are to be used for his purposes (1 Chronicles 29:14). On this page you can find our most recent month's balance sheet and a copy of the current year church budget.

Church Budget (2017)

Benevolence 6000.0
Bookstall 1000.0
New Building
Land debt service 15000.0
Const. Loan service 27996.0
Architectual fees 20000.0
CM fees 14000.0
Building/Land/Construction Total 76996.0
Celebrate Recovery 16005.0
Child Care 2700.0
Children's Ministry 3000.0
Church Fellowship 12200.0
Community Group Expense 800.0
Community Relations 1000.0
Discipleship 1200.0
Discovery Class 1200.0
Conferences
Admin Pastor 500.0
Executive Pastor 500.0
Teaching Pastor 500.0
Childrens 500.0
Youth 500.0
Music 500.0
Conference total 3000.0
Elder Meetings 1200.0
Facilities Maint. Exp. Cleanin 1000.0
Facilities Maint. Exp. Supplie 1000.0
Facilities Maint. Exp.Maint. 1200.0
Furlough Missionary Exp. 600.0
Funeral Expense 750.0
Honorarium 500.0
Hospitality Allowance
Pastor 2000.0
Executive Pastor 3000.0
Administrative Pastor 900.0
Childrens director 900.0
Youth minister 540.0
Hospitality Total 7340.0
Insurance
Liability Insurance 2254.0
Workmans Comp 1100.0
Total Insurance 3354.0
Miscellaneous 20000.0
Missions
Campus ministry 18000.0
Foreign Missions 20900.0
Honduras Mission Trip (designated) 5000.0
Mississippi Baptist Convention 13200.0
Seminary support 5050.0
Total Missions 62150.0
Mobile Church Expenses 3000.0
Music Ministry Supplies 3000.0
Office Equipment 2900.0
Office Supplies 3000.0
OMS Teacher Ministry 1500.0
Online Contributions Service Ch 6000.0
Pastor
salary 61863.04
retirement 5460.0
insurance benefit 1380.0
medical insurance 13206.12
SS offset 6385.92
housing allowance 35000.0
cell phone allowance 900.0
book allowance 1200.0
Executive Pastor
salary 48376.96
retirement 5079.0
insurance benefit 1380.0
medical insurance 13206.12
SS offset 5842.84
housing allowance 28000.0
cell phone allowance 900.0
book allowance 1200.0
Administrative Pastor
salary 50476.96
retirement 5034.0
insurance benefit 1380.0
medical insurance 13206.12
SS offset 5773.99
housing allowance 25000.0
cell phone allowance 900.0
book allowance 600.0
Administrative Assistant
salary 18000.0
insurance benefit 1380.0
Childrens Ministry Director
salary 15750.0
Student Minister
salary 31500.0
medical insurance 2573.3
Music Minister
salary 31500.0
medical insurance 3087.96
Cleaning staff
parttime salary 6500.0
Student Intern
parttime/semester salary 3000.0
Total Payroll Expense 445042.33
Payroll Tax Expense 26000.0
Postage and Delivery 600.0
Printing and Reproduction 5000.0
Accounting Fees 3000.0
Rent 142400.04
Rent Worship Area 18550.0
Software 6400.0
Staff Development 800.0
State Sales Tax 1000.0
Telephone 1944.0
Training 1500.0
Travel Reimbursement 1200.0
Utilities 9000.0
Vacation Bible School 1000.0
Videos 3000.0
Website and App 3200.0
women's ministry 3000.0
Youth Ministry 4000.0
Total 925231.37

 

 

Monthly Balance Sheet

Jan 17

Ordinary Income/Expense

Income
Deposit corrections 50.5
Gifts- Unrestricted 73705.36
Interest Income 56.6
Miscellaneous Income 65.0
Registration Fees
Bible Study 165.0
Total Registration Fees 165.0
Total Income 74042.46
Expense
Admin Assistant- bonus 0.0
Admin pastor- books; journals 119.95
Admin Pastor- cell phone allowa 75.0
Admin Pastor- Housing Allowance 2083.34
Admin Pastor- retirement 524.5
Admin Pastor bonus 1000.0
Admin Pastor insurance benefits 88.5
Assoc Pastor bonus 1000.0
Assoc. Pastor insurance benefit 125.46
Associate Pastor- Books; Suppli 205.92
Associate Pastor- Cell Phone Al 75.0
Associate Pastor- Housing Allow 2333.34
Associate Pastor- Retirement 528.26
Celebrate Recovery 1357.69
Child Care
Childcare- Community group 75.0
Childcare- Women's Ministry 162.0
Child Care - Other 25.0
Total Child Care 262.0
Children's Ministry 39.95
Church Fellowship
Wednesday night 571.24
Church Fellowship - Other 94.99
Total Church Fellowship 666.23
Clerical- insurance benefit 88.5
Community Group Expense 661.68
Elder Meetings 96.63
Facilities Maint. Exp.- Cleanin 568.41
Facilities Maint. Exp.- Supplie 215.69
Hospitality Allowance
Children's Minister Hospitality 52.4
Pastor hospitality allowance 80.87
Total Hospitality Allowance 133.27
Men's Ministry 150.0
Missions
missions expense 99.5
On Campus Ministry 850.0
Seminary support 450.0
World Missions 1100.0
Total Missions 2499.5
Mobile Church Expense 45.95
Music Director- housing allowan 637.5
Music Director Insurance benefi 88.5
Music Ministry- Supplies 331.68
Office Equipment 245.99
Office Supplies 132.87
OMS Teacher Ministry 78.03
Online Contributions Service Ch 248.54
Pastor- Books; Supplies and Sem 161.4
Pastor- Housing Allowance 2916.66
Pastor bonus 1000.0
Pastor Cell Phone Allowance 75.0
Pastor insurance benefits 128.12
Pastor Retirement
Pastor voluntary retirement 0.0
Pastor Retirement - Other 560.0
Total Pastor Retirement 560.0
PAYROLL CLEARING ACCT. 0.0
Payroll Tax Expense 480.91
Printing and Reproduction 89.86
Rent 11866.67
Rent- Worship Area 1750.0
Salary- Associate Pastor 4518.32
Salary- Clerical 1350.0
Salary- Pastor 4863.59
Salary- Pastoral Intern 1 0.0
Salary- Pastoral Intern 2 0.0
Salary- Youth Intern 0.0
Salary-Administrative Pastor 4687.58
Salary-Children's Director 1312.5
Salary-Music Director 1987.5
Salary-Youth Director 2625.0
Software 277.62
Staff Development 86.31
Staff Medical Insurance 3559.06
Telephone 160.28
Tutoring ministry 181.89
Utilities 719.16
Volunteer Recognition 30.93
women's ministry 51.96
Youth Ministry 423.0
Total Expense 62571.2

Net Ordinary Income

11471.26

Net Income

11471.26