FINANCE Archives - Church Executive


Why giving stays strong while attendance drops in churches

By Sam S. Rainer III I’ve noticed a recent trend among churches. The evidence is more anecdotal, but I have no doubt the phenomenon is occurring on a national scale. While more than half of all churches are in some form of attendance decline, a segment of these declining churches experiences either stability in giving […]

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Lead stronger with data analytics

By Jack Siegman Trends aren’t easy to see while in the middle of ministry, or even by viewing reports or spreadsheets.  But the fact is, your data tells a story.    What story is your data telling? Are you using that story to make informed strategic decisions? And more important: are you able to understand […]

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Using credit responsibly

By James R. Cook In today’s world, just about everyone uses credit to obtain the things that they want or need, but do not have the cash on hand to pay for immediately.  

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What cloud computing can do for your church’s financial reporting

Futuristic design of a cloud network computing

  Like any other organization, it is necessary for a church to compile financial reports on a regular basis. Many churches use Microsoft Excel, which requires constant manual data input from a user on a designated device. The problem with this system is that configuring the information for specific reports requires a lot of work […]

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When you present your ministry to a potential financial partner‭, ‬what will the lender look for‭?‬

By Dan Mikes You’ve been offering two or three weekend worship services for quite a while, you are regularly filling more than 80 percent of the seats available in your worship facility, and you are at maximum capacity in the children’s space.  Understandably, your leadership team has decided it is time to expand. 

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ON THE MONEY: 3 seasoned financial experts talk about church leaders’ biggest challenges, and how to tackle them

By RaeAnn Slaybaugh Since 2002, Rev. Dr. Day has held numerous positions with MMBB, including providing service to members and employers. Now, she serves as director of development. In her career, Day has also served as an area minister, senior pastor, and director of campus ministry. She holds both MDiv and DMin degrees. One thing […]

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Strategies for cultivating major gifts

Did you know your church management software — and the data within it — can be a big help? When a church leader considers ways to drive major gifts, church management software / systems (ChMS) probably isn’t their first thought. Why should this tool spring to mind? Scott Romig: Unfortunately, church management systems are still […]

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Financial reserves: does my church really need them?

piggy bank and Financial insurance concept in the design of the information related to finance and business

    By Kari Boyce We talk to church leaders every day. Our team understands your concerns about meeting your ministry’s needs today and tomorrow. I’m going to show you that saving for a “rainy day” is being a good steward — and generous and wise, to boot!

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Get with the times: 10 “Millennialisms” to engage with your congregation

People born between 1981 and 1996 are quickly becoming the dominant demographic in our society, even surpassing the Baby Boomers by 8 million. Known as Millennials, they make up more than one-third of the work force, and many from the earlier years of this generational window are now having families of their own. As Millennials […]

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Sage Broadens Vertical Market Reach with Powerful New Products at Sage Intacct Advantage 2018

Industry-First Solution Helps Nonprofits Address New Revenue Recognition Guidelines NASHVILLE – October 24, 2018 – Sage, the market leader in cloud business management solutions, today unveiled new innovations purpose-built for several key vertical markets onstage at Advantage 2018. They include Sage Intacct Revenue Recognition for Nonprofits, Sage Intacct Billing Workbench for software and technology companies, and new features for distributors […]

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