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  • Phone: (651) 464-3323
  • Mailing Address: 886 North Shore Drive, Forest Lake, MN 55025

 

 

Faith Ministry Stories

2020 Updated Annual Report

Posted by Jennifer Tolzmann on

 

In January 2021, we published an annual report and incorporated the messages from that report into a Sunday worship service. We highlighted the joys and challenges of ministry in 2020 and cast a vision for strengthening our shared ministry. At that time, we were waiting on forgiveness for a Paycheck Protection Program (PPP) loan, which would change our 2020 financial statement. We were also in a period of rapid change and anticipated a budget revision in 2021. After a year of change and uncertainty, we prepared to remain adaptable and nimble.

The time to adapt has arrived! This document contains a revised 2020 financial statement, reflecting an adjustment in net income due to the PPP loan forgiveness on March 9, 2021. Thank you, Faith, for your incredible generosity during the pandemic, leaving us in a place of financial stability.

An updated 2020 Annual Report is now available for download. Please use the button below for your copy.

 

2020 Updated Annual Report