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 …
church budget Articles and Interviews (tag)
Can Your Church Benefit From An ICS (Insured Cash Sweep)?
Most people don't recognize that operating a church is every bit as complicated as running any other organization and carries the same amount of weight. For example, all 501(c)(3) organizations must designate a Treasurer or CFO. Even when a team guides the financial direction, the person bearing …
Effectively Sharing Church Financial Information
We live in a time when it's easy to take for granted our incredible access to data. It's everywhere, and thanks to the internet and our willingness to have our voices heard through surveys, it's current. For example, in July 2023, Gallup posted their survey results on Americans' faith in major …
Activating The 25% That Doesn’t Financially Support Your Church
Money. Is there a more unpopular topic for churches to discuss? The very mention of it makes everyone uncomfortable, from the pastor to the skeptic. Pastors feel awkward because they know how many people in their church are financially hurting and don't want to heap guilt on top of their misfortune. …
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 …
Church Budget: How Adding Positive Pay Saves Time and Money
A few years ago, the bookkeeper at our church was reconciling the operating checking account. During the process, she identified a check on the bank reconciliation that was not in our accounting system with a duplicate number and an unrecognized amount. It was clear we were the victim of fraud. …
