Greetings of love to all of the beloved friends of Charity Gospel Tape Ministry. The year 2002 has come and gone very quickly. God has been so good to the ministry here. The blessings abound on every hand. Many faithful servants have allowed the work to expand beyond our expectations. It seems the hunger for the Word is always on the increase. I have placed a few statistics for you to ponder in the chart below. It shows the growth of demand for tapes over the last few years. As you can see, the amount of tapes made in 2002 has increased by almost 33%. Praise the Lord! There are several reasons for this. First, John and Anna Weaver were on the road for several months visiting homeschool curriculum fairs all over central and eastern United States. They distributed many tape sets. Secondly, there were a couple of tape sets in very high demand: “The Making of a Princess” and “The Power of the Holy Spirit.” We shipped over one thousand of each of these sets. Then the “Godly Home Series” was also in demand way beyond other years. The last reason for the increase has to do with the increased exposure from the Charity Ministries website. Thank you for all your prayers and support.
I should explain the columns that follow Remnant Subscriptions. As you know, we have been working toward a more updated, active mailing list. We have done a few purges of our mailing list, and that is the reason for the decrease in subscriptions. The 800 Calls is a record of how many calls came in on the 800 number throughout the last year. This was an average of twenty-five calls each day that the office was open.
| 1999 | 2000 | 2001 | 2002 | |
|---|---|---|---|---|
| Approx. Tapes Made | 120,000 | 170,000 | 150,000 | 215,000 |
| Approx. Sets Made | 8,506 | 14,281 | 9,906 | 29,300 |
| Orders Shipped | 3,518 | 4,257 | 4,878 | 7,146 |
| First time Orders | 1,392 | 1588 | 1,889 | 2,395 |
| Weekly Tape Subscriptions | 159 | 156 | 162 | 192 |
| Remnant Subscriptions | 4,303 | 4,931 | 3,822 | |
| Mission Newsletters Subscription | 4,332 | 4,929 | 3,908 | |
| 800# Calls | 5,433 | 6,711 |
The next chart gives a general view of the financial picture for the year. We praise God for an ending balance that is above zero. There were times when we dropped below zero; however, the bottom line is a great encouragement to this “faith ministry.” I realize that many of you had a major part in this “faith ministry” by the way you prayed and the way you gave. Many of you sent extra money along when you ordered tapes. Thank you! This enables us to give to those who do not have the funds but need the tapes. Others of you simply gave to the work as the Lord moved you. Thank you also.
There is one other bright spot that I would like you to notice. The Remnant Subscription Donations and the Remnant Publishing and Mailing are almost equal. This is a great joy to me. There was a time when it was almost completely carried by the Tape Ministry funds. Thank you for remembering us in the publication costs for this magazine.
| 01/01/02 Beginning Balance | $2,270.98 |
|---|---|
| Receipts | |
| Tape Ministry Donations | $193,629.37 |
| Remnant Subscription Donations | $32,567.77 |
| Church Offerings & Local Support | $79,909.32 |
| Total Receipts | $306,106.46 |
| Disbursements | |
| UPS & Postage | $28,775.96 |
| Tapes, Albums & Labels | $149,075.62 |
| Equipment & Software Purchases | $4,486.08 |
| Equipment Maint & Repairs | $3,424.41 |
| Mailing & Office Supplies | $8,403.64 |
| Rent, Housing & Electric | $14,362.50 |
| Telephone | $6,936.87 |
| Website Development & Maintenance | $1,556.28 |
| Miscellaneous | $2,345.40 |
| Payroll Expense | $39,200.04 |
| Books & Catalogs | $4,661.71 |
| Remnant Publishing & Mailing | $33,326.39 |
| Total Disbursements | $296,554.90 |
| 12/31/02 Ending Balance | $11,822.54 |
Our Father in heaven, thank you for taking care of this ministry. It belongs to You, and we see Your hand providing for all needs. Thank you for moving upon many hearts to give; bless them, Lord. We lay the next year before Your throne. Please watch over us and the work that must continue. We trust You to provide for all our needs according to Your riches in glory by Christ Jesus. Amen.
