June 25 financial update

We've been reviewing our recent monthly donor reports from SIM, including the May report that just arrived. We've been watching these pretty carefully in light of the financial crisis. We'd like to ask you to pray for our support level, because we're suddenly seeing a pretty significant drop-off.

Here are some of the current realities that we're looking at:

* Our support income has dropped by $750 since we arrived back on the field 16 months ago. Some donors have let us know that they are not able to continue. Others have stopped giving for the last several months, and we can't be sure of their intentions.
* Our support requirement has gone up by $361 since returning to the field, to $8,244. The increased requirement is due mainly to annual increases in medical insurance and SIM administrative charges.
* We need an additional $880/month (beginning right now, June 2009) just to make it to home assignment (June 2010) with a zero balance in our support account. We're not even certain that we want to take home assignment at that point, but our support situation has the potential to leave us with no other option.
* We began our term with a buffer in our support account of roughly one month's support requirement. Now we project that our support account buffer runs out next month, July 2009. That balance has been dropping slowly up until just the last couple of months, when it's taken a much steeper dive.


We're asking you to pray with us, and we want you to know that we're praying with complete confidence in the Lord's ability to accomplish all that he desires, and with that in mind we're asking him to fully provide for our supporters and for us. We know that lots of people are hurting, and many of those who continue to give are doing so very sacrificially. We really appreciate your prayers as well!

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