The Oregon Ministry Network is taking the opportunity amidst a global pandemic to represent how to lead change. Our finances have maintained stability despite uncertainty in our surrounding environment. I am grateful to announce that our 2019 audit proved to uphold a clean opinion.
Finance
“There will be interruptions, and I don’t know when they will occur, and I don’t know how deep they will occur, I do know they will occur from time to time, and I also know that we’ll come out better on the other end”
Warren Buffett
2020
2020 Giving
2017-2020
Ministers Tithe
2017-2020
Network Partners
2020
Financial Position
Total Assets: $12,975,395
Cash: 5%
Investments: 29%
Fixed Assets: 24%
Other Assets: 43%
Debt-Equity Ratio
What do we owe compared to own?
Oregon Fire Relief
89
Individuals & Churches gave to the Oregon Fire Relief Fund
2020 CARES Act
$219k
Received through a Payroll Protection Loan. The loan is 100% forgiven.
2019 Audit
“
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Oregon Ministry Network as of December 31, 2019 and 2018…
Tom Glogau, GMSCPA Lead Auditor
2020 was not a year of defeat, but truly a year of dreams for our Network. In the midst of what was called a “disastrous year,” we can testify that our all-sufficient God demonstrated His power and faithfulness.
