Financial Summary: 2008 – 2010

Our ministry is one of commitments. When we establish a mission partnership with your church; it sets in motion a series of commitments between you, us, suppliers, and most importantly, those we serve. Some of our responsibilities include reserving space and projects, and developing evangelism strategies with local churches. Our goal is to contribute to the spiritual progress of our mission partners, meet our commitments to people we serve, provide for the summer staff called to work with us, and enable long-term, sustainable growth for Camp Tipton.

Camp Tipton funding comes from three primary sources, the Chilhowee Baptist Association, day camper fees, and mission groups. As a core value, integrity in our stewardship of financial and physical resources is very important to us. Therefore, we want you to know how we are doing as stewards of this ministry. The following chart summarizes the Camp Tipton professions of faith and financial history for 2008 through 2010 and projected figures for 2011.

Camp Tipton Financial Review: 2008-2011

 

		2008	2009	2010	2011 (proj)
Professions of Faith		5	59	44
Income
»Associational Support		30,000	30,000	24,000	18,000
»Day Camps		25,575	12,377	22,120	23,000
»Mission Camps		32,084	63,245	66,741	68,000
»Other		27,082	25,802	17,263	18,350
»Program Grants		15,500	0	0	¹10,650
Total		130,240	131,424	130,124	138,000
Expenses
»Facilities		39,683	39,968	52,270	45,400
»Children’s Ministries		28,722	15,274	15,232	13,600
»Mission Camps		21,436	34,785	29,090	24,500
»Staff		36,810	42,097	42,269	45,100
»Other		32,279	1,748	3,116	9,400
Total		129,930	133,872	141,977	138,000
Net		310	(2,448)	²(11,853)	0

1 - This $10,650 TBC Cluster Grant awarded for use in Project 83 non-salary expenses.

2 – 2011 Net Income, an $11,853 deficit, was affected by:

∙ Mission Teams commitments that did not materialize, resulting in a $12,000 reduction in gross income that Camp Tipton could not replace due to time limitations.
∙ Camp Tipton fully funding the staff and transportation expenses of Project 83 during the summer resulting in an $800 weekly additional expense totaling $5,600.