Finance Report · Board Update
April 2026
Board Update
10 Months Year-to-Date · FY2026
Chicago Sinai Congregation
Revenue
April YTD Actual
$2,849,989
107% of YTD plan
+$190K ahead
Dues 102%
Strong collections — ahead of full-year budget through 9 months
Bridge Gift
$301K received — Y1 of 3-yr anonymous commitment, not budgeted
Rel. School 118%
Revenue ahead of plan on strong enrollment and tuition
$144K held
Investment drawdown contingency not yet required
Expenses
April YTD Actual
$2,257,115
95% of YTD — under budget
−$109K
−$109K under
All expenses below YTD budget — disciplined spending across departments
Pre-School 81%
$39K under budget reflecting lower enrollment this year
HHD $20K saved
High Holy Day expenses well-controlled — came in under budget
Net Income
$592,656 vs. budget $293,721 — 202% of plan
Balance Sheet
Total Assets (incl. Restricted)
$10,024,303
as of April 30, 2026
Chase Cash Accounts (total)
$1,034,564
↳ Rabbi's Restricted
$114,684
↳ Restricted Cash Account
$366,972
Chase Unrestricted
$552,908
Investment Gross
2,246,832
↳ Investment Restricted
$335,561
Investment Net
$1,911,271
Foundation Account
6,742,907
Total, excluding Restricted
$9,207,085
Total Assets (incl. restricted)
$10,024,303
Chicago Sinai Congregation
Opening · Jun 30, 2025
513
Starting membership
Joined
+62
New members
Resigned
−47
Resigned
Deceased
−4
Deceased
Net Change YTD
+11
YTD
Paying Members
524
Apr 30, 2026
Membership Summary · Mar 31, 2026
Dues-Paying Members524
Total Accounts (incl. Complimentary)595
Total Dues Billed$1,729,017
Average Dues per Paying Member$2,906
Net Change (Jul 2025 – Mar 2026)
+11
Dues by Account Type · YTD Mar 31, 2026
| Account Type | Members | Dues Billed | Avg |
|---|---|---|---|
| Family 40+ | 232 | $814,446 | $3,511 |
| Sustaining | 56 | $349,425 | $6,240 |
| Individual 40+ | 99 | $252,203 | $2,548 |
| Patrons & Pillars | 14 | $194,875 | $13,920 |
| Family 35–39 | 67 | $86,007 | $1,284 |
| Individual 35–39 & Under | 17 | $12,143 | $714 |
| Out-of-State & Associate | 40 | $18,919 | $473 |
| Complimentary & Non-Paying | 70 | $1,000 | — |
| Grand Total | 595 | $1,729,017 | $2,906 |
Chicago Sinai Congregation
April YTD Actual
$2,961,101
YTD Budget
$2,840,075
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Ahead of YTD Budget
Category April YTD Actual YTD Budget Variance % Plan | ||||
| Strong collections3000 · Member Dues | $1,583,254 | $1,513,020 | +$70,234 | 105% |
| Below plan3010 · High Holy Day | $43,772 | $59,634 | −$15,862 | 73% |
| Timing reconciled3100 · Benefit Revenue | $164,362 | $124,803 | +$39,559 | 132% |
| Below plan3110 · Religious School | $158,205 | $188,456 | −$30,250 | 84% |
| Low enrollment3120 · Pre-School Revenue | $254,904 | $308,452 | −$53,548 | 83% |
| Y1 of 3-yr gift3910 · Donations (Bridge Gift) | $301,536 | $50,250 | +$251,286 | 600% |
| Appeal behind plan3940 · Temple Fund / Appeal | $267,653 | $290,487 | −$22,835 | 92% |
| Not yet drawn3942 · Revenue Contingency | $0 | $144,000 | −$144,000 | 0% |
| FEMA grant included3960 · Security Reimbursement | $162,108 | $133,974 | +$28,134 | 121% |
| Gross Revenue | $2,961,101 | $2,840,075 | +$121,026 | 104% |
Chicago Sinai Congregation
April YTD Actual
$2,578,699
YTD Budget
$2,587,611
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Under YTD Budget
Category April YTD Actual YTD Budget Variance % Plan | ||||
| Over budget4000 · Administrative | $962,280 | $929,476 | +$32,804 | 104% |
| Cantor installation5000 · Music | $39,550 | $35,686 | +$3,864 | 111% |
| Over budget5500 · Occupancy | $554,944 | $542,398 | +$12,546 | 102% |
| Under — low enroll.6000 · Pre-School | $196,137 | $228,898 | −$32,762 | 86% |
| On budget6900 · Program Expenses | $34,170 | $37,703 | −$3,533 | 91% |
| Slightly over7005 · Pulpit | $607,632 | $599,034 | +$8,598 | 101% |
| Controlled8000 · Religious Education | $109,783 | $119,564 | −$9,781 | 92% |
| $20K under budget9000 · High Holy Day | $75,102 | $94,853 | −$19,751 | 79% |
| Total Expenses | $2,578,699 | $2,587,611 | −$8,913 | 100% |
| Net Income | $382,494 | $252,464 | +$130,030 | 151% |