Ministry Support E-Mail
We don’t often talk about resources in our correspondence, but we want to give you a financial update on our 2023 and aims for 2024.
Our financial statement is simple, “Ask God & Tell His People” about our financial “Shortfall” but we always want to do this with total “Integrity, Transparency and Accountability”.
We love what King David said in 1 Chronicles 29:14 “But who am I, and who are my people, that we should be able to give as generously as this? Everything comes from you, and we have given you only what comes from your hand”.
We love what the Macedonian believers said in 2 Corinthians 8:4 “They urgently pleaded with us for the privilege of sharing in this service to the saints”.
We believe that we must be totally Transparent with Gods people in relation to our ministry Shortfall, only then can we ask them to be Accountable, by “Owning the Challenge of our Ministry Funding”.
P&L Financial 2023 Overview
Genesis Network financial budget for 2023, £55,340. (Overheads + Events Subsidy)
Opening Balance £21,797.67 - Income £39,182.56 - Expenditure £53,666.56 - Closing Balance £7,313.67 (30th Nov 2023 month 10)
Ministry Support Partnership.
Kingdom Builders, a ministry support partner, have offered to support us through their JOG-50 Initiative. (Joy of generosity)
They have agreed to add a 50% Match, to £19,998 of our income, under special conditions.
Special Conditions, income must be from new partners or extra income from existing partners.
JOG-50 Initiative is to help us raise £30,000 current position.
Income received £9950 + JOG-50 Match £4,975 = £14,925.
Income outstanding £10,048 + JOG-50 Match £5,027 = £15,075.
£14,925 + £15,075 = £30,000.
Our prayer is that we receive the £10,048 before the end of 2023,
…so that we can apply for a JOG-50 Initiative in 2024.
2024 Plans
Our 2024 Budget is £87,205 (an increase of £31,865)
This budget reflects the growth that Genesis Network has experienced over 2023 and the opportunities that are opening up for 2024.
Key areas leading to our need to increase the budget for 2024:
At the start of 2023, Genesis Network had two HUBs (Lisburn and North Down). As of November 2023, we have added four additional regular HUBs (Belfast, Ballymena, Lurgan and North West). We have further 3 locations establishing HUBs in the near future.
Entering the South of Ireland is core to the heart of our mission and we are excited to see doors beginning to open.
Chaplaincy – Following our successful training programme we hope to be able to launch this resource to councils, chambers and business organisations in Q1 2024. Our dream is to see chaplains who have business experience and a heart to serve, supporting business leaders across Ireland.
Mentoring – Over 2023 we have developed how we can do mentoring within the network and we are now in place to offer this to our network in 2024.
Ministry lead – The Genesis Network is at a critical time in our journey. The success of this year has led to a lack of time and skill resource to move the Network forward into a season of more opportunity than ever. We hope to begin the search for the right person before the end of 2023 subject to success in securing new funds for 2024.
We are deeply appreciative of your ongoing support. Your time, money, participation and prayer has been instrumental in fuelling our growth over the past year, and we anticipate this positive trajectory to continue into 2024 and beyond.
If you would be interested in helping with our 2024 aims, would you please consider donating.
We will update you again with how we are getting on soon.
A summary of the financials can be requested by contacting us below:
Contact Information:
Liz Cousins: Email - accounts@thegenesisnetwork.com Telephone – 07808395807
Daniel Jackson: Email – daniel@cornerstoneni.com, Telephone – 07809445415
