Financial Update


Financial Updates

The Finance Team is monitoring the overall financial position of the church, our projections of annual giving, and revisions to the 2020 spending plan.  For the latest updates, please click below.

10.1.20 FINANCIAL UPDATE

9.2.20 FINANCIAL UPDATE

8.13.20 FINANCIAL UPDATE

5.30.20 FINANCIAL UPDATE

 



2020 Ministry Budget

Broadmoor's Finance Team worked diligently to provide their recommendation for our church's 2020 Budget. Consistent with our church bylaws, the budget was approved by the Deacon body on Sunday, February 9, 2020, and was affirmed by our church body Sunday, March 1, 2020.

Download a copy of the 2020 Approved Ministry Budget Below.

2020 MINISTRY Budget 


2019 Condensed Financial Audit Statement

Download a current copy of the 2019 Condensed Financial Audit Statement. 

For a complete copy of Broadmoor's audited financial statements with accompanying notes, please contact Steve Mulhollen, Executive Pastor of Business Administration at smulhollen@broadmoor.org.

download


2018 Condensed Financial Audit Statement

Download a current copy of the 2018 Condensed Financial Audit Statement. 

For a complete copy of Broadmoor's audited financial statements with accompanying notes, please contact Steve Mulhollen, Executive Pastor of Business Administration at smulhollen@broadmoor.org.

download


2017 Condensed Financial Audit Statement

Download a current copy of the 2017 Condensed Financial Audit Statement. 

For a complete copy of Broadmoor's audited financial statements with accompanying notes, please contact Steve Mulhollen, Executive Pastor of Business Administration at smulhollen@broadmoor.org.

download


2016 Condensed Financial Audit Statement

Download a current copy of the 2016 Condensed Financial Audit Statement. 

For a complete copy of Broadmoor's audited financial statements with accompanying notes, please contact Steve Mulhollen, Executive Pastor of Business Administration at smulhollen@broadmoor.org.

download


Broadmoor's Accounting Policies and Procedures

This document outlines our accounting policies and serves to provide clarity on financial reporting, clear oversight obligations, and responsibilities of the Executive Pastors, the Finance Team and the Church Council. It defines controls for the management of funds at various levels and for purchases and outlines the budgeting process.

To access our Operational Policies, including our Accounting Policies and Procedures, click HERE.

Details: accounting@broadmoor.org


Questions?

Email Steve Mulhollen, smulhollen@broadmoor.org or call 601.898.2345