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“The voice of one crying out in the wilderness, ‘Make straight the way of the Lord’”

Financial Report for 2004

From the beginning of Christian Ethics Today in 1995, the Journal has been sent free of charge to anyone requesting it. The cost of publishing five issues last year (Winter/Spring/Summer/Fall/Christmas) was about $74,000, or about $21 for each of over 3600 subscribers (an increase of 400 over last year). Due to the labor and love of dedicated assistants from Beeville to Wimberley and Dallas to Des Moines, the annual budget remains very frugal, even with 10% increases in circulation each year.

During 2004, 541 contributors (an increase of 37 over 2003) gave $73,140 (an increase of $5,246). These gifts ranged from $10 to $1000—$1000 or more gifts came from 10 individuals (including one gift of $10,000), 2 foundations, and 2 churches. The majority of supporters sent $25 to $30, which paid for their subscription.

Our heartfelt gratitude to every person or church who supported the ministry of Christian Ethics Today in 2004. Without each of you the Journal could not continue. Because of your support we are able to send the Journal to hundreds of students, colleges, seminaries, and churches.

Special Thanks to the “Valentine Supporters”

Our special gratitude to these supporters who have honored the dream of our founding editor Foy Valentine by providing major support of $1000 or more in 2004:

Patricia Ayers, Austin, TX	Northminster Baptist Church, Jackson, MS
Barbara Baugh, San Antonio, TX	Burton Patterson, Southlake, TX
J. Lillian Brown, Austin, TX	Ralph Ramsey III, Lubbock, TX
Van and Lou Morton Ellis Foundation	Herb Reynolds, Waco, TX
First Baptist Church, Plainview, TX	Paul Robertson, Sugar Land, TX
Jeff Holloway, Marshall, TX	David M. Smith, Houston, TX
Noble Hurley Endowment, Dallas, TX	Robert L. Stephenson, Norman, OK
	Foy Valentine, Dallas, TX

A Growing Number of Churches Support CET. The following churches contributed $100 or more in 2004 to the ministry of CET.

First Baptist Church, Gainesville, GA	North Stuart Baptist Church, Stuart, FL
First Baptist Church, Plainview, TX	Northminster Baptist Church, Jackson, MS
Gambrell St. Baptist, Ft. Worth, TX	Second Baptist Church, Lubbock, TX

In 2004, we visited the communities of Tyler, Longview, Marshall, Lubbock, Plainview (TX), Atlanta, and Birmingham (AL) meeting with supporters and promoting CET. We encouraged them and you to enlist your church to support the Journal in 2005.

Our goal is thirty-five churches providing $1000 annually from their budget or special gifts (or seventy churches $500). This amount would provide a financial base of one-half of the CET annual budget. Would you represent us to your church in this appeal?

SUMMARY OF FINANCIAL STATEMENT 2004
Balance on Hand 12/31/03:	$23,537
*Expenditures 2004:	$73,991
*Gifts/Income 2004:	$73,140
BALANCE 12/31/2004:	$22,686
TOTAL:	$96,677
*Designated gift for book publication was not included in Income or Expenditures.

Updated Saturday, March 26, 2005

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by The Christian Ethics Today Foundation
Web Site started November 14, 2000.
Include the following if your use/reference any material:
^©2000-2008 by The Christian Ethics Today Foundation
www.ChristianEthicsToday.com and
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Your comments and inquiries are always welcome. Manuscripts which fulfill the purposes of Christian Ethics Today may be submitted to the editor for publication consideration. Contact for postal address. Format for Submissions

Special Thanks to the “Valentine Supporters”

SUMMARY OF FINANCIAL STATEMENT 2004