FINANCE Archives - Church Executive


Amidst the pandemic, U.S. churches increase online church accounting software investment

ChMS software

By Marcus Wagner AcctTwo, a leading provider of online church accounting software and nonprofit financial services, recently reported that the U.S. church sector has accelerated investments in financial and accounting solutions in 2020 in response to the COVID-19 pandemic. AcctTwo has increased its church clients by 10% since February 2020 and continues to see more demand, up 136% […]

Read More >
Share

Study reveals sharp increase in planned gifts + COVID-19 planned giving impact

A new study released by BNY Mellon Wealth Management’s Planned Giving Practice reveals that, despite concerns the 2017 Tax Cuts and Jobs Act would have a negative impact on the future of giving, philanthropists increased their support of the non-profit sector during 2019.  Non-profit organizations represented in BNY Mellon Wealth Management’s 2020 Annual Charitable Gift […]

Read More >
Share

Don’t forget the offering!

From OnlineGiving.org “I can count on one hand the number of times I’ve seen vision connected to the offering.” That comment was made by a denominational leader to me recently. He revealed what I have long known: the offering is the least prepared moment of our worship services. Now that we’re all worshipping remotely, my […]

Read More >
Share

Buy. Renovate. Build. Repeat?

Flexibility — and familiarity — in financing ensure one church’s buy/renovate/build expansion project is a smooth operation By RaeAnn Slaybaugh Recently, Northridge Church in Rochester, NY, found itself in a unique position. To accommodate growth, it would need to buy, renovate and build. It was a different project than the church’s 2008 sanctuary build-out — […]

Read More >
Share

Compensation basics

Compensation is always a challenging subject for church leaders, but even more so right now as they and their congregations struggle through the pandemic. Here’s some great advice from MMBB Financial Services (New York, NY), financial experts and pastors alike on how to approach the compensation equation (and discussion) right now. When we talk about […]

Read More >
Share

The stewardship of space

Amid coronavirus, churches are (literally) reimagining their worship spaces. Portable equipment — platforms, risers, barricades and more — can make your space work, if you know how to maximize them. As you work with church leaders right now, what are their biggest questions about post-COVID operations? Cindy Albrecht: Church leaders come to us seeking solutions […]

Read More >
Share

A transformation, truly

By RaeAnn Slaybaugh A Florida church’s design proves big impact is possible on a budget For Westside Family Worship Center in Jacksonville, Fla., everything changed overnight. Always a strong military community, the closure of a nearby Navy base meant the church immediately lost 60 families. Meanwhile, left empty, multiple mobile parks across the street from […]

Read More >
Share

Increase engagement, streamline ministry management — and solve some of today’s toughest ministry problems

By Troy Pollock COVID-19 has forced churches across the nation to transition to a digital-first strategy to engage their congregations. However, in meeting with some of today’s leading churches and discussing the implementation of technology, one of the biggest pain points they communicate is the lack of seamless integration between their systems and tools. In […]

Read More >
Share

Lights, controls, savings! (And safety, too)

During COVID-19, consider using the facilities’ downtime to drive cost savings — and create safe, clean spaces for the ‘new normal’ The COVID-19 pandemic has caused many churches to operate remotely or with a limited schedule. The empty buildings provide parishes an opportunity to make facility upgrades that will last well beyond the pandemic. LED […]

Read More >
Share

Remote control

During COVID-19 — and beyond — an energy management suite (EMS) can do so much: streamline operations, increase control, reduce wear-and-tear, save time, keep people safe, and drive significant savings. Many churches are working and worshipping remotely and operating on a limited schedule. How are they managing their campuses’ HVAC / temperature control?  Sam Boutros: We […]

Read More >
Share