We need your prayers and your help at this time to keep doing all that we do to restore homeless men to society as productive, contributing members of our community. Our income always decreases in the summer months, but this summer our finances are especially tight. We currently are running over $90,000 behind in operating income versus expenses. Here’s why:
- We just found out that a major grant of $86,500 that seemed like a sure thing will not be coming our way any time soon if at all. One of our supporting foundations decided a year ago to cease operations and planned to give us this generous grant as a final distribution. However, they were recently told by the Attorney General’s Office of the state in which they are incorporated that we as well as other non-profits slated to receive a final distribution are not eligible for a final grant since the foundation’s charter (from the 1800’s) limits its grant making to a very specific geographical area of which we are not part. The foundation and we are stunned. This seemed like money in the bank and was actually included in our budget for this year. $86,500 is a huge hole to fill.
- Some of the churches and individuals that support us have had to significantly reduce their financial support because of their own financial struggles.
- Other much needed budgeted grant income is reduced this year. Applying for grants is very competitive, and many foundations do not fund the same organization every year.
- Ten years after our rebuilding from the arson fire, many things are wearing out all at the same time. On a monthly basis we have had HVAC, electrical, sprinkler system, fire alarm, plumbing, and equipment repairs and replacements. Thankfully some of the bigger ticket items have been paid for by special gifts, but the other repairs continue to add up.
- Our budgeted sales for our two thrift stores are behind by $28,500. Not just our stores, but many thrift stores in the Philadelphia area are struggling. In fact, one large chain of five thrift stores recently filed for bankruptcy. Thankfully we are still far from that point.
Our fiscal year ends on September 30, 2018, and we are praying fervently, cutting expenses, not replacing staff, and working hard to pay our bills and end the year without a deficit. We need your help and prayers over the next six weeks by September 30, 2018. Thanks so much!
Trusting the Lord (Psalm 20:7),
Robert A. Emberger, D.Min.