3TREES FINANCIAL REVIEW

3trees Church exists for one reason above all else,
BECAUSE EVERYONE NEEDS JESUS!

We SEEK THE LOST + DISCIPLE THE FOUND + MEET NEEDS
+ and never stop MAKING ROOM!

As we fulfill our mission, we take financial accountability seriously. Our church's elders oversee our church budget through annual percentage allotments, and monthly, an outside accounting firm reviews every transaction. It is our practice to, as best we can, maintain a minimum general balance equal to three months in operational expenses at all times.

This page is designed to help you celebrate with us as we believe God for the ability to continue serving our communities above and beyond any expectation as we raise up, "ALL IN followers who Jesus, who live to bring glory to His name!"

Thank you for making generosity contagious!

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Fiscal Year Financial Review

October 1, 2021 - September 30, 2022.

Total Contributions: $2,874,310

Total Expenses: $

Debt Reduction

Principal payments applied directly to the balance of existing debt.

THIS FISCAL YEAR, DEBT REDUCTION WILL BE A SIGNIFICANT POINT OF EMPHASIS FOR OUR CHURCH FINANCIALLY. COVID HAS REMINDED US OF HOW FRAGILE “NORMAL” CAN BE. NEVER HAS THE NEED BEEN MORE IMPERATIVE TO REMOVE VULNERABILITY FROM OUR CHURCH'S FACILITIES. THE HARVEST IS GREAT AND THE MISSION IS CLEAR. AS A RESULT, WE HAVE SET RADICAL PROJECTIONS FOR BRINGING OUR CHURCH OUT OF DEBT AT A QUICK PACE. IT HAS REQUIRED GREAT DISCIPLINE AND INSIGHT FROM OUR CHURCH’S ELDERS AND SENIOR LEADERSHIP, BUT WE BELIEVE GOD CAN MAKE THE IMPOSSIBLE POSSIBLE! ONCE WE ARE OUT OF DEBT, MINISTRY WILL NO LONGER BE INHIBITED BY BEING SLAVE TO THE LENDER. GREATER THINGS ARE YET TO COME! AND, NOW IS THE TIME TO MOVE FORWARD WITH INCREASED INTENTIONALITY IN THIS REGARD.
ONWARD & UPWARD!

As of October 1, 2020, our total balance for all debt is approximately, $2,070,000.

Anticipated Allocation: $630,000

Total Contributions:

$2,874,310.92

Total Contributions: $2,874,310

𝔸 𝕘𝕣𝕖𝕒𝕥 𝕨𝕖𝕖𝕜 𝕤𝕥𝕒𝕣𝕥𝕤 𝕨𝕚𝕥𝕙 𝕒 𝕘𝕣𝕖𝕒𝕥 𝕨𝕖𝕖𝕜𝕖𝕟𝕕! + We are ready

In-House Ministries

Kids + Students + Men + Women + Marriage
+ Small Groups + Hospitality + Worship

OUR STAFF DOES AN AMAZING JOB AT EXEMPLIFYING STEWARDSHIP AND EXCELLENCE SIMULTANEOUSLY. MUCH OF OUR CHURCH’S CURRICULUM FOR STUDENTS & KIDS MINISTRIES IS BUILT IN-HOUSE. THIS RESULTS IN A COST-SAVINGS OF TENS OF THOUSANDS OF DOLLARS EACH YEAR. BUT WE ARE ALSO INVESTING GREATLY IN OUR KIDS THROUGH HIGH-QUALITY FACILITIES & INCREDIBLE EVENTS SUCH AS OUR ANNUAL YOUTH CAMPS. MEN’S, WOMEN’S, & MARRIAGE MINISTRIES ALSO THRIVE IN THE REALM OF ANNUAL EVENTS & WEEKLY SMALL GROUPS. WE KNOW, ONCE WE GET OUT OF DEBT, WE HAVE SOME INCREDIBLE PLANS TO TAKE THINGS TO THE NEXT LEVEL ON THIS FRONT AS WELL! GREATER THINGS ARE YET TO COME!

Anticipated Allocation: $100,000

Total Contributions:

$2,874,310.92

Total Contributions: $2,874,310

Outreach Ministries

Captivate + Church Online + Livestreaming Technology
+ I.T. Maintenance + Radio, TV, & Podcasts

THIS FISCAL YEAR, OUR CHURCH WILL CONTINUE TO FIND NEEDS & MEET THEM. CAPTIVATE INCLUDES OUR OUTREACH MINISTRIES PHYSICALLY & SPIRITUALLY.

IN MINISTERING TO THE PHYSICAL NEEDS OF OUR COMMUNITY, WE CLOTHE THE NAKED (OVER 50,000 ARTICLES OF CLOTHING EACH YEAR), FEED THE HUNGRY (OVER 2,000 FAMILIES FED LOCALLY EACH YEAR), VISIT THE PRISONS (COVID HAS GREATLY IMPACTED OUR EFFORTS ON THIS FRONT BUT SEVERAL LOCAL DETENTION CENTERS STILL DEPEND ON US FOR THEIR CHRISTMAS GIFTS), CARE FOR ORPHANS & WIDOWS (LOCAL NURSING HOMES HAVE BEEN GIFTED MULTIPLE NURSING HOME BOOTHS & FOSTER CHILDREN CONTINUE TO RECEIVE CARE THROUGH OUR FOSTER CHILD OUTREACHES). WE ALSO PROVIDE RADIO, TV, PODCAST AND CHURCH ONLINE MINISTRIES TO SOUTH CENTRAL KENTUCKY & BEYOND! CURRENTLY, THROUGH THESE VARIOUS PORTALS, WE GET TO MINISTER TO AN ESTIMATED AUDIENCE OF OVER 10,000 PEOPLE WEEKLY.

Anticipated Allocation: $200,000

Total Contributions:

$2,874,310.92

Total Contributions: $2,874,310

Buildings

Utilities + Interest Expense + Lease Payments
+ Facility Maintenance + Housekeeping Supplies
+ Lawncare Contracts + Audio/Video Systems

OUR CHURCH’S FACILITIES ARE DUE FOR SOME UPGRADES, HOWEVER, WE HAVE PUT OFF ANYTHING BEYOND REGULARLY SCHEDULED MAINTENANCE AS WE NAVIGATE COVID AND EXPAND OUR ONLINE PRESENCE. AS MENTIONED IN MANY OF OUR OTHER BUDGET STATEMENTS, WE ALSO PLAN TO BE DEBT-FREE AS A CHURCH BEFORE MAKING SIGNIFICANT CHANGES TO OUR FACILITIES. WE ARE GRATEFUL FOR STATE OF THE ART AUDIO / VISUAL SYSTEMS THAT WE HAVE FOR OUR IN-PERSON GATHERINGS, AND WE ARE THANKFUL THAT THIS BLESSING HELPS COVER SOME OF OUR AESTHETIC NEEDS AT THE MOMENT. WE ARE ALSO GRATEFUL THAT OUR LOCATIONS CAN OFFER SOUTH-CENTRAL KENTUCKY A COMBINED SEATING CAPACITY OF OVER 2,000 IN-PERSON SEATS EACH WEEK AND WE KNOW THAT GREATER THINGS ARE STILL YET TO COME!

Anticipated Allocation: $475,000

Total Contributions:

$2,874,310.92

Total Contributions: $2,874,310

Personnel

Central Staff + RSprings Staff + Columbia Staff
+ Cville Staff + Contractors + Payroll Taxes
+ Employee Benefits

BY MOST STANDARDS, 3TREES IS SIGNIFICANTLY UNDERSTAFFED, AND EACH OF OUR EMPLOYEES, INCLUDING SENIOR LEADERSHIP, IS COMPENSATED FAR LESS THAN THE NATIONAL AVERAGE FOR CLERGY. IN MAY OF 2019, 3TREES HAD A STAFF OF 29 EMPLOYEES (1/2 PART-TIME, 1/2 FULL-TIME). THIS FISCAL YEAR, OUR CHURCH HAS DOWNSIZED ITS STAFF TO LESS THAN 11 EMPLOYEES (8 FULL-TIME, 3 PART-TIME). THE GOAL IS FOR OUR CHURCH TO BECOME DEBT-FREE AND THEN IT WILL ONCE AGAIN BEGIN ADDING STAFF IMMEDIATELY. IN THE INTERIM, WE ARE GRATEFUL FOR THE SACRIFICE OUR CURRENT STAFF HAS MADE (MANY VOLUNTEERING TO TAKE PAY CUTS OR DECREASED BENEFITS). AND, WE ARE ESPECIALLY THANKFUL FOR ALL OF THE INCREDIBLE SERVE TEAM MEMBERS WHO HAVE INVESTED COUNTLESS HOURS ASSISTING OUR CHURCH IN ESTABLISHING A FINANCIAL PACE TO BECOME DEBT-FREE FAR AHEAD OF SCHEDULE!

Anticipated Allocation: $475,000

Total Contributions:

$2,874,310.92

Total Contributions: $2,874,310