Can You Afford a Stewart Sign?
Stewart Church Signs is committed to providing you the best possible information when investing in a new church sign.
For calculating a return-on-investment, we use the following real-world factors:
The number of new church families per year is divided by 12 and applied per month.
This results in a "ramping up" of new church members throughout the year, instead of the less realistic scenario
of all new families joining on January 1st and contributing throughout the year.
Here's an example to see how this makes a difference:
If the number of new church families per year is not cleanly divisible by 12, a fractional value is used.
This allows us to "average out" the differences of when an individual family could have joined.
The easiest way to see this is an example using only one family:
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Stewart Sign? Calculator
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12 new families per year, each donating $100 per month.
If you made the assumption that they all joined Jan 1. and donated throughout the year, the calculation for the first year would be: $100 * 12 families * 12 months = $14,400 More realistically this means one new family per month, resulting in the following monthly calculation for the first year: $100 + $200 + $300 + $400 + $500 + $600 + $700 + $800 + $900 + $1000 + $1100 + $1200 = $7800 |
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1 new family per year, donating $100 per month
If you make the assumption that the family joined in January, the calculation would be: $100 * 1 family * 12 months = $1200 However, the family could have joined at anytime during the year. For example, if they join in December the calculation is: $100 * 1 family * 1 month = $100 To get the best estimate without knowing when the family joined, we apply a fraction of the family each month: ($100 * 1/12) + ($100 * 2/12) + ($100 * 3/12) + ... etc. = $650 This also equals the average of the two extremes above. |
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