July 5, 2010

Support budget details

So what does it take for us to live and church plant across Poland? Faith and prayer.

We have practical financial needs which are included in the budget below as “ministry” budget, and our “personal” budget. The most important part of our budget that needs to be met is our monthly support, our Polish residency permits require we show we have an organization “sponsoring” our “financial well being”, so this means having 100% of our financial goal raised. Part of our accountability towards our friends at Foursquare Missions is that we will be good stewards of what God has given us, that we will budget realistically, even more conservative than is probably needed, and that we are transparent with our needs.

The following is a breakdown of all our expenses, with Poland eventually joining the Eurozone and other economic factors this budget is subject to change, we have been conservative in our numbers by buffering the costs of most things by 10%. It may seem like a lot at first glance, and so we made intentional efforts to break things down in reasonable bites, please feel free to ask questions. In the end though it is God’s kingdom and he will provide for what he orders. For those that have already joined our team, your sacrifice and support help to expand the kingdom is greatly appreciated!

A quick breakdown of our budget:
Take note of the small tabs at the top of the budget document below to see details, and our current (updated monthly and adjusted for currency exchange rates) financial status.

Why do we need 120% of our monthly budget?: This helps offset a number of “unforeseen” items, like currency exchange rate changes, emergencies, cost of living changes, and donation drops/changes. If you wish to donate monthly, but can’t start giving yet, let us know by signing up and letting us know when you can begin supporting us. The 20% margin allows us to work and minister when our donations fluctuate or other economic issues arise.

Monthly Personal budget: What we as a family live on, such as groceries, tuition, utilities, etc. This does not include money for ministry costs, such as conferences, travel to different cities, etc.

Monthly Ministry budget: These are costs associated with ministry, conferences, church planting workshops, camps, travel in country and out, savings for these kinds of events, benevolence, resources for training and discipleship. This also includes our “ignition” fund which helps start church plants, but which are only temporary in each location, then we move these funds to new plants.

Deployment budget: Everything we needed to deploy to Poland, residency permits, 3 months of budget reserves, savings, emergency costs, etc.