budgeting Archives - Page 22 of 26 - Church Executive


Metrics that drive sustainability: what gets measured — and managed

Over the past 30 years, I’ve sat in business meetings with pastors and board members and watched them cringe (literally) when required to review yet another financial report from the business office. Their eyes glaze over, and they begin doodling and drawing pictures on the financial statements.

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Glenn Wood: Finding the financial "fuel" Seacoast needs to grow

With 13 locations (and growing!), Seacoast Church’s vision proved to be beyond its previous financial partner’s comfort level.

The challenge: find one that understands who the church is, what it wants to do, why… and how to make it happen.

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Finances & college planning

The thought of preparing for your child’s college education can be daunting. There are so many questions: How much do I need to save? When do I need to start? What are my options? Here, we tackle four common questions about college planning.

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JOEL SIMS: a son’s legacy — and a father’s foundation

At 33, Pastor Joel Sims of Word of Life Church in Flowood, MS, has already served in executive church leadership for more than a decade. He has also undertaken $29.4 million in construction projects — some completed, and some just beginning.

By anyone’s standards, Joel is a young pastor with a big, big job.

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New York Times best-selling author Dr. John Townsend to launch the Townsend Institute at Concordia University Irvine

Partnership makes Concordia the only university in the nation to offer the Townsend Institute for Leadership & Counseling

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7 key questions when evaluating a church software solution

One of the challenges I have run into when selecting a software provider is the distraction of the new and shiny features, keeping me from selecting a solution that is the best fit for the organization. I have learned from my mistakes over the years, and I now have 7 questions I always ask when evaluating any software provider in order to select the best solution possible.

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How a non-traditional building approach can avoid traditional construction challenges

Most church leaders will tell you that making a decision to build a new facility — or to expand their current campus — is among the most difficult challenges they face. Concerns about managing the process, stewardship of funding, and keeping church members happy with the results all contribute to the worry.

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The stewardship of savings

For a faith-based organization, a procurement services company provides a system for buying products and services that will reduce costs. Through their association with large, multi-facility clients — as well as with hundreds of manufacturer and distribution partners — these companies can provide value to smaller clients by sharing the discounts brought by the volume.

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The spiritual benefits of capital planning

Each year, thousands of people come to Mater Dolorosa in search of spiritual enrichment. Mater Dolorosa — a Passionist retreat center in the San Gabriel foothills, in the city of Sierra Madre near Los Angeles — is a sacred place whose spiritual work depends on some decidedly material things. Mission-style buildings, a stunning outdoor Stations of the Cross, and many other physical improvements set the stage for lives to be changed in faith.

To help preserve the beauty and soul-changing power of the places in their care, Mater Dolorosa’s board and staff rely on a professionally prepared capital plan.

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Can your church REALLY afford a pastor? Maybe not in the traditional sense…

More and more churches are asking themselves if they can truly afford a pastor. As a result, discussions on clergy compensation, burdensome seminary debt, and alternative pastoral models are taking place in seminaries and denominational bodies across the country — and ultimately, this question (or a similar one) is at the core of those conversations.

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