In recent years, discussions about data breaches with my church and nonprofit clients have moved from “what-if’s” to, “This just happened to one of my clients.” Cyber Liability insurance is no longer a coverage that is nice to have; it’s saving organizations money, time and reputations.
Only 42% of churches accept online donations. This stat was one of the eye-opening revelations uncovered by Dunham + Company in their latest church survey. Perhaps more startling though, is that of those churches who do offer a digital option, they only see 11 percent to 13 percent of their total contributions come through that method, on average. To better understand these numbers, and what churches can do to improve upon them, I jumped on a call with Rick Dunham, president and CEO of Dunham + Company.
If you’ve decided LED display walls are a good fit for your facilities, the next step is to ensure they’re properly positioned — a key component for maximum ministry benefit.
The loan underwriting process is centered on determining the level of risk associated with each ministry. As a part of that risk management process, we inquire about the amount of debt, cash reserves, as well as the limits and type of insurance coverage the ministry maintains.
Data and technology provide church leaders with new ways of thinking about how to overcome financial challenges or fund growing ministry opportunities. Consequently, there are a lot of new concepts and topics being discussed across ministry circles. Before you write off the ideas as “marketplace mumbo-jumbo,” let’s consider a few reasons why they might be applicable to your ministry.
If you haven’t already heard while listening to the evening news, the 15-year historic graphs indicate that while interest rates are still relatively low, they might have bottomed and be on their way up. While many think rates are likely to increase in the future, no one knows how much they will rise or when. Now might prove to be a good time to refinance existing debt and secure a long-term fixed rate if possible.
For each church, educational spaces will be quite varied: some small, some large, some flexible, some very specific. For a design to facilitate the varied forms of religious education, it must be based on an understanding of the specific needs and goals for a particular ministry.
Ergonomics isn’t just for scientists and designers — it’s an integral part of choosing the right seats for your worship space.
Today’s growing churches are seven-day-a-week operations. The ability to transport worshippers to services on Sunday is just one need; churches are also hosting children, youth and seniors well beyond Sunday. So, your transportation needs are clear — and immediate.
A sound system is one of the biggest technology investments your church will make. And although you must respect your budget, it would be a serious mistake to cut corners — or just go buy something from a big-box store to save a few bucks.