Year In Review
Click through these slides to see various Preston Road stats and numbers from 2024!
Our Mission and Vision: Loving God and Loving Others
With God’s help, we will do this by: Sharing God’s love and the good news of Jesus Christ; Growing in Christ’s likeness; Extending justice and mercy to those in need; and Passing on God’s story to future generations.
The leadership of Preston Road has carefully aligned our financial operations and our budget with our mission and vision. Sixty-four percent of the budget shown below is for ministries. Thirty percent is set aside for future needs to be used as other ministry needs and opportunities arise. Together these amount to ninety-four percent of our budgeted contributions for 2025.
Building maintenance costs are allocated based on space usage. Payroll costs are allocated based on area of service.
Missions & Outreach includes Arms of Hope, Christ’s Family Clinic, ChristianWorks, New Friends New Life, East Asia (David & Michelle Allen), Latin America, SMU Campus Ministry, and Earl Young’s Team. Future Needs provides funds for such items as upcoming capital repairs to our facility, deferred maintenance items, additional missions and outreach opportunities, disaster relief calls, the effects of inflation on budget items, and other major expenses that will arise in the future.
Receipts and expenses in donor-restricted funds and funds set aside from prior years’ operations are not included in budgeted numbers. In 2024, we received $56,000 in contributions to these funds and used $445,000 for benevolence, missions, and outreach.