Those working in ministry must learn how to work through adversity to survive. It's part of the calling. Proverbs 24:10 says, "If thou faint in the day of adversity, Thy strength is small." Adversity is a strange and wonderful way to refine and reveal character, resolve, and priorities. Admittedly, …
Search Results for: church budget compensation
Church Budget: Using Survey Data Effectively
We live in a time when data is everywhere. Organizations use surveys and statistics to tell all kinds of stories. Depending on who pulled and culled the data, it can look like charitable giving is up while donations to churches are down - but compared to what? Some reports compare today's giving to …
Is Your Church Ready for the Minimum Salary Increase?
When it comes to building a church budget, nothing is as important, sensitive, and even controversial as compensation. And for good reasons, compensation typically consumes the lion's share of the budget, somewhere between 45% and 55% for healthy churches. There is never a shortage of opinions on …
5-Step Plan for Building A Church Budget
It's almost May, and for our church, that means it's time to start planning the upcoming fiscal year's budget. In case you are wondering, our fiscal year begins in October and ends in September. That's right; we take five months to prepare the budget fully. Of course, not every church needs that …
Fundamentals to Creating an Effective Church Budget
My Dad worked for Titleist Golf for over 25 years and spent much of his time grinding irons for tour pros. He would watch them swing, listen to their feedback, and then make their clubs work perfectly for them. As you can imagine, spending all this time around golf pros, he developed a pretty good …
Top Three Church Budget Failures
Our church recently met with the vice president of the bank, who holds the note for the church's loan. He's a new VP at the bank and wanted to see our facility and have an opportunity to meet us face-to-face. Since it's been almost five years since the last rate reset, it was the perfect time to …