2019 Financial Report

Updated: Feb 5



Bryan Tilburt, Treasurer for Highway Connections, would like to update you, our faithful supporters, on some of the highlights of our 2019 financial data. As is not uncommon in not-for-profit ministries, there is always good news, mixed with some pressing ongoing needs and occasional underfunding.

During the 2019 year, the board was faithful to the funds entrusted to us as an organization and God worked in some pretty amazing ways to allow us to continue connecting the trucking community with the faith community. To God be the glory!


2019 Highlights:

  • Highway Connections received End of Year Donations that allowed us to end the year "in the black" from a cash flow stance. With that said, some of those funds received are marked restricted for one of our 2020 Special Projects. When those are taken out of the general giving numbers we end the year in the red, just shy of in the black.

  • Overall, general fund donations were down 9.5% from 2018. This is an issue that we intend to change as an organization as we have positioned ourselves for a more successful 2020. Our anticipated YoY (Year-Over-Year) growth this year will be 5%.

  • Due to a major push for content creation and a repositioning in the digital arena during 2019, our budget reflects a 14% increase in program expenses. These expenses will continue to increase as we produce more content and promote ourselves where the trucking community is present.

  • The Organization received substantial monies from partnering with Master Arts Theatre. Thanks, MAT, for your generosity towards Highway Connections.

  • Our B54 club has increased and continues to support our yearly operating budget. Without them, we could not do what we do. Thank you! 2/3 of the B54 Club spots do still remain open and we'd like to see you join the Club to help keep the operations of Highway Connections covered. Would you pray about joining this special avenue of support? If you are interested let us know!

  • The Annual Bible Drive in 2019 was stable with steady growth from years prior.

  • Last year we placed another order for 30,000 New Bibles. Thankfully, we are already well positioned, thanks to your gifts so far, with the monies needed in our Bible Fund for the next order. Praise God! Don't stop giving, as we need to keep replenishing this constantly used fund as Bibles continue to go out and more and more.

Have more questions about our finances? Click Contact on the header and ask your questions!


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