By Denny Rodgers, UUCWC Treasurer

For this quarter, I am sharing two financial reports prepared by Lynne Quinto, our Controller. After each report, my commentary will highlight key line items for your attention.

Commentary

Total Revenue – Any number at or above 25% in the % of the Budget column is good news, as we are ¼ into the fiscal year. 

Total Expenditures – Any number near 25% reflects that we are on budget for the fiscal year.

Net Revenue – Note that we budgeted for this deficit of roughly $98,000. At the Annual Meeting, the congregation approved using $52,000 from non-restricted/reserve cash available (savings) to fund the Assistant Minister’s position through June. The remaining $46,000 represents the shortfall between pledged (and other) income and anticipated expenses and was also approved for payment from savings (See Cash Analysis).

UUCWC-CASH ANALYSIS (With inclusion of operating reserve fund)

CASH IN BANK                                                                             Balance 09/30/2025           

Northfield Bank-Operating A/C                                             $                    $65,195.25   

Northfield Bank-Cap Campaign A/C                                     $                        6,730.86   

Northfield Bank – Cap Campaign Loan Escrow                 $                                   –       

Merrill Lynch-Operating A/C                                                  $                   419,872.42    

Merrill Lynch-Cap Campaign A/C                                          $                                   –       

Venmo-Operating A/C                                                              $                           888.49    

Paypal -Operating & Cap Cpgn $$                                         $                        2,708.15   

TOTAL: CASH IN BANK                                                              $         495,395.17

LESS:  RESERVE FUNDS                                                             Balance 09/30/2025           

Operating Expense Reserve Fund                                        $                   165,781.00    

Facility Improvement Reserve Fund                                     $                   170,665.14    

SUB-TOTAL: RESERVE FUNDS                                                $                   336,446.14        

LESS:  RESTRICTED FUNDS                                                                                                         

Capital Campaign Construction Fund                                  $                        7,037.08   

CFA Funds including Homefront Tutor                               $                      29,691.38   

Endowment                                                                                  $                         (670.24)   

Grounds/Snow Removal Fund                                               $                        2,900.00   

Sr Minister Sabbatical Fund                                                    $                      13,975.62   

Memorial Garden Fund                                                            $                      10,613.73   

Special Program Funds                                                             $                        8,669.58   

SUB-TOTAL: RESTRICTED FUNDS                                         $                     72,217.15        

TOTAL: RESERVE/RESTRICTED FUNDS                               $         408,663.29

NON-RESTRICTED/RESERVE CASH AVAILABLE :             $            86,731.88

Commentary

Facility Improvement Reserve Fund – This is money set aside for planned replacements and repairs. It is not part of the operating budget. For example, when we paid over $57,000 to replace the sanctuary HVAC system, neither the operating budget nor non-restricted cash available (savings) was impacted.

Operating Expense Reserve Fund – This is money set aside to cover three months of operating expenses if the revenue stream is seriously impacted. We have never had to use even a portion of this in over 10 years. 

Non-restricted/reserve Cash Available (savings) 

• Currently at almost $87,000.
• As a result of Robin’s retirement in early January, savings will be increased by $18,000 when staff and volunteers take over her workload.
• An additional $13,000 granted from the Endowment Committee was not included in the budgeted income for this fiscal year.
• Total will exceed the $98,000 deficit shown on the Summary report.  

Looking Ahead

While it is reassuring to know that we have enough savings to cover a deficit budget without tapping into reserves, it is essential to run successful End of Year Gift and Pledge Campaigns to maintain a financially healthy community.