Revised – Fiscal Year 2025-26 Ends on Positive Note for Esperanza

The 2025-26 fiscal year closed on June 30th with some encouraging results. For the year, pledged and unpledged giving totaled $377K, which beat the budgeted plan by nearly $25K and ran $44K more than the previous year.

Expenses for the year were well controlled, coming in at $3.4K less than planned. It should be noted that we still may see some preschool flood re-construction expenses which may carry over into the 2026-27 year (which started July 1). Aside from that, total revenues less total expenses provided a $31.5K surplus. The forecasted plan called for a breakeven year, so the surplus was indeed, welcome.

Other items of note: Our net worth grew to over $2.047 million. Also, our unrestricted cash position started the year at $188K and finished at $257K. However, it should be noted that $27K of that likely will be used to pay bills for the preschool flood repairs.   Mark Krach, Treasurer.

June FYTD Total Revenue Total Expenses Net Income or Loss
Actual Results $405,495 $373,919 $31,576
Mission Plan (budget) $377,400 $377,364 $36