2020 Fiscal Year Annual Report
It is our pleasure to share our 2020 Annual Report. We know we are so blessed to have such a vibrant and committed community here at MPB as we look at another strong year in our parish. About 62% of our families are now using electronic giving through Faith Direct. The number of electronic contributions is up over 100% and smashed our goal of 50% by a mile! We are excited to share that with no in-person masses for 1/3 of our fiscal year, our weekly offertory remained at the same level as the previous year. This was not the norm in many parishes across the city and country. With a Temporary Certificate of Occupancy, we now have full use of our entire campus! The projects on campus grew in scope (many deferred maintenance) from our first informal meetings five years ago. Our anticipated final cost is $12.3M and we’ve collected 86% of the $10.6 pledged. The parish is looking at a possible $2M loan with the Archdiocese.
Total Assets $8,935,937
Total Liabilities $1,673,708
Net Assets $7,262,229
Total Liabilities & Net Assets $8,935,937