Financial Services Archives - Church Executive


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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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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Still using Excel for your church financial reporting? Come to the cloud: Learn how!

cloud computing stress

Learn how “Cloud Computing” can do the heavy lifting for you. Join Church Executive and Sage Intacct for a FREE WEBINAR:   Wednesday, September 26 10 am ET / 9 am CT / 7 am PT In just 60 minutes, we’ll tell you how to “Leverage the Cloud for Quick & Easy Financial Reporting for  Faith-Based […]

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Delivering planned giving results

By Michael Prior, J.D. In our first two installments, this series discussed: So, what exactly is planned giving? and Recognizing planned giving as a ministry. Now, we’ll examine how a proactive planned giving stewardship program can deliver impressive, real-world results.

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Clergy tax planning… there is a difference

By Louis P. Barbarin, CPA When it comes to taxes, clergy people often ask questions such as, “How can I save money or reduce my tax bill?” or “Will itemizing my deductions help reduce my tax bill?” or “How does the Housing Allowance affect my taxes?” You might not realize it, but tax planning for […]

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[Webinar] Leveraging the Cloud for Quick & Easy Financial Reporting for Faith-Based Organizations

Date: Wednesday, May 23 Time: 11 AM PT / 2 PM ET Cost: FREE As a faith-based finance organization, you need to provide up-to-the-minute, accurate information to a variety of stakeholders — pastors, ministers, program managers, and board members. But instead, you’re stuck with manual, Excel-based reporting, resulting in delays and inaccurate data. Learn why […]

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Will the Tax Cuts and Jobs Act affect YOUR CHURCH?

  On Dec. 20, 2017, Congress passed the Tax Cuts and Jobs Act (the “Act”) which represents the most substantial overhaul of the tax code since the 1990s. The Act brings significant changes to individual and corporate income tax filers. How will the Act affect tax exempt organizations — and specifically, religious organizations? Churches and […]

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