From the Memo Board: January 2023

Dates to Know

January 1 – November Financial Reports will be due for US Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.

January 1 – December Financial Reports will be due for Non-Resident Missionaries. This includes FNPO Reports for those with Foreign Non-Profit Organizations.

January 10 – All Missionaries will receive their statements of December Support Received.

January 12 – All missionaries (except those on an R-1 Visa) will receive their final December support on this day, regardless of the day they normally receive support.

January 15 – Missionaries on an R-1 Visa will receive their deposit(s) as usual.

January 15 – December Financial Reports will be due for US Missionaries, along with any remaining receipts or financial paperwork for 2022. This includes FNPO Reports for those with Foreign Non-Profit Organizations.

January 29 – Those who normally receive funds on the 29th will receive their deposit(s) as usual.

February 1 – 1099 Forms and other tax documentation for the 2022 tax year will be available on Secure Cloud.

February 5 – Those who normally receive funds on the 5th will receive their deposit(s) as usual.

SecureCloud Packets

At the end of each month, we scan any mail that has come to the Office and place it in your SecureCloud folder. This would include check stubs for all bills paid by the office, as well as any cards or correspondence from donors. Please be sure to check SecureCloud periodically, especially once you receive the notice that December packets have been uploaded, as many missionaries have received Christmas cards and letters which are available to you there.

January Income Totals

During a typical month, we close the books on the 25th, and any checks received after that date are posted to the following month. Due to receipting requirements, we cannot do this in the month of December. As a result, please be aware that your December support total received in mid-January may be higher than normal, while your January support total may be lower than normal. Please be sure to plan ahead for this!

New Excel Template for US Missionaries

A new Excel template for the year 2023 will be available on February 15. This will give us time to review the need for any possible updates. January financial reports for US Missionaries will be due on March 1. Should you wish to complete your January report before the new template is available, you are welcome to submit it on the 2022 template. However, starting with the February report please be sure to use the new template.

New Mileage Rate

Beginning on January 1st, the IRS mileage rate has increased to $0.655 per mile for business/ministry miles. This change will be reflected in the new Excel template for 2023 which will be available on February 15.

Family Fellowship Week

Family Week is fast approaching! We are excited about the new location and hope you are planning to attend. The week will begin with dinner on Monday evening, April 10, and will end with the Thursday night service. There will be free time in the afternoons so you and your family can enjoy the facilities or take in local attractions. Attendees are asked to stay for the entire week. Check out will be Friday morning after breakfast.

If you have not yet contacted us to reserve your spot please do so ASAP by clicking here. Your final plans regarding attendance for you and any guests need to be communicated to our office by February 1, 2023. Changes made after this date will affect our contract with the retreat center. Click here to see more information and details about the week. We look forward to seeing you there!