Spiritual Life Center Financial Update
April 27, 2020
Dear Spiritual Life Center Family,
First and foremost, we are grateful for each and every one of you. We are thankful to those of you who are continuing to give and support our spiritual community at your usual level. We would also like to express a huge amount of appreciation and thanks to those who have even increased giving during this time. Additionally, we send love and light to all who cannot continue to give as they have in the past, due to changing circumstances. We love and accept you just as you are, no exceptions. Thank you all for continuing to support our mission to transform lives through our online services, daily meditations, and small group connections.
Each week, staff and the Board have been closely analyzing our donations and having special budget meetings to stay on top of changing circumstances. As we remain in a consciousness of abundance, circumstances sometimes occur that we have no control over. What we are currently experiencing is one of those times.
For us to remain as good stewards of SLC finances we must address the possibility of a budget gap for 2020. With the quarantine restrictions on services and events, we can say that as of April 21, 2020 we are uncertain about $55k of our total operating income for the year. The potential $55k gap is mostly loss in net income from cancelled events, classes, etc., and potential loss of unrestricted offerings based on current giving trends.
Although we must continue to embrace abundance, knowing that all that we need will be provided, we must also tell you we need your help. We ask only for what you are comfortably able to do. We will continue to carefully analyze our finances and will keep you informed. Your support is greatly appreciated!
Peace and Blessings,
Rev. James Trapp, Senior Minister
Your SLC Staff and Board of Trustees