FINANCE Archives - Church Executive


4 ways to nurture your community & engage your congregation

    By Troy Pollock As you and your team return from a summer season filled with vacations, conferences and enjoying time with family, it’s a great time to reset priorities and develop a plan for the rest of the year. What are your goals? Challenges? Opportunities for growth? And more importantly, what steps are […]

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Church Trends and Statistics

Annual Report Shows Americans Gave Over $427 Billion to Charity in 2018 In June, Giving USA Foundation, a public service initiative of The Giving Institute, released its latest annual report: Giving USA 2019: The Annual Report on Philanthropy for the Year 2018. According to researchers, 2018 was a complex year for giving due to a […]

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Sustained giving strategies

Tried-and-true advice for driving predictable cash flow at your church For most churches, just how big a problem is sustained giving? Paul K. Knickelbein: For a nonprofit or church to succeed, it must have sustained giving from its members. Donations are what keep the doors open and the mission alive. As anyone who has managed a […]

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Planning for healthcare expenses in retirement

    By Rev. James R. Cook, CFP® If you think Medicare will cover all your healthcare costs when you retire, think again. The sobering reality is that Medicare generally only covers about 60 percent of the cost of basic healthcare services for individuals aged 65 and older. The remaining 40 percent must be covered by […]

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What you should know about church insurance

  For many people, churches are much more than just buildings. They are sacred spaces that carry great meaning to all who gather there for prayer, community, connection and spirituality. It is for these reasons that churches must take steps to provide safe spaces for occupants and mitigate risk on their properties. Purchasing insurance is […]

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Free Supplies for Churches?

How Churches Are Stretching their Budgets through Gifts-in-Kind Organizations By Gary C. Smith It’s a given that with budgets tighter than ever, churches need to be creative in doing more with less. Yet many dismiss one very real resource because they’re convinced there must be a catch. But it’s not too good to be true. That resource […]

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Giving reports to the pastor: 8 reasons why the pastor should know what people tithe

This article is an excerpt from “CHURCH BUSINESS: Making the Business of the Church Easier, Simpler, and Much Less Painful.” By Nathan Freeland Should the pastor know what people tithe? I used to think he shouldn’t. But then I learned about Dan. Knowing the truth about Dan changed my mind. Dan had been a leader […]

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How data can drive better ministry

Your church management software is a treasure trove of actionable information … but only if you know how to mobilize it. What are the most important, yet often overlooked, ChMS data points? Gordon Proud: First, member management — who’s attending your church, how often and what classes or ministries they’re involved in. In addition, it’s […]

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TOM LUNAK & CALVARY CHAPEL FORT LAUDERDALE: An informed approach to refinancing drives church health & growth

By RaeAnn Slaybaugh     By anyone’s standards, Tom Lunak, CFO of Calvary Chapel Fort Lauderdale, has extensive experience in the banking industry. In his career, he has held senior-level titles at, and done consulting work for, several banking institutions. So, it was a pleasant surprise when, a few years ago, he was asked to […]

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Theft, fraud & embezzlement: how to protect your church

Red flags and best practices to better protect your religious organization They’re on the news on a regular basis: stories of church theft, fraud and embezzlement. Sometimes the culprit is the church accountant who intentionally misrepresents church spending. Sometimes it’s the church food pantry director, who purchases food for the church — and $30,000 in […]

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