Financial Services

Future-Forward Budgeting

Desmond Barrett - January 31, 2024

Future-forward budgeting forces the tough conversations not driven by personalities or desires but through data-driven decision-making, which comes directly from the numbers.

Who Makes Your Church’s Budget?

Marissa Postell Sullivan - January 17, 2024

Pastors indicate more variety in who is involved in creating their church’s budget. Most say the trustees or church board (77%), the treasurer (69%), the pastor (61%) and a finance or stewardship committee (58%) are involved in creating the budget.

5 Ways to Protect Your Church From an IRS Audit

Raul Rivera - December 18, 2023

When scrutinizing your church's activities, confirming that every ministry and department directly corresponds to the church's core mission is essential.

Resources

Do You Need to Pay the Federal Parking Lot Tax?

Outreach Magazine - March 12, 2019

Everything you need to know about the parking lot tax and whether your church needs to pay it.

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Seminars on Cutting College Costs Can Help Ease Stress for Parents, Teens

Matthew Allgood - September 30, 2018

College counselors in high schools have a lot on their plates, why not bring experts in to your church to offer seminars on college planning?

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How Generosity Can Combat Debt

Curt Harding - September 27, 2018

“It’s not greed or selfishness that prevents people from giving. They’re just broke.”

Resources

The Personal Use of Church-Owned Vehicles

ECFA - July 17, 2018

Before you allow the personal use of church-owned vehicles, review these guidelines to reduce the church's liability.

Resources

Breaking Down the Annual Church Audit

ECFA - July 10, 2018

Here are some helpful guidelines for the documentation you will need to track for an annual audit of your church's finances.

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Financial Management: An Audit Committee Charter for Churches

ECFA - July 3, 2018

Detailing the guidelines, responsibilities and rules of order for a church audit committee can save you headaches in the future.

Resources

Financial Management: Guidelines for Church Credit Cards

ECFA - June 26, 2018

With the right checks and balances, issuing church credit cards to staff members can be a viable option.

Resources

Financial Management: How to Handle Gifts to Church Staff

ECFA - June 19, 2018

Make sure you understand when gifts are and aren't tax-deductible. Here are some guidelines.

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