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 […]
Read More >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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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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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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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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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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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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By Colin E. Nass, CFP®, AEP®, RICP® & James R. Cook, CFP® Retirement savings plans, such as the 403(b) plan, offer benefits to both employees and employers First, let’s look at how employees can make the most of a 403(b) plan. For many, saving for retirement is one of the largest goals we will need […]
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By RaeAnn Slaybaugh Sixteen years ago, when Collin Lucas joined the staff at Cornerstone Fellowship of Livermore, he worked in IT. However, he also brought with him extensive experience in the business management consulting realm. Now, as Cornerstone’s CFO, his secular business background has proven instrumental in helping build — and fund intelligently — the […]
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In 1992, Dr. Brent Taylor joined the staff at First Baptist Carrollton as the summer youth minister. Seven years later, he was lead pastor. It was his first pastor position. As a new, young pastor, he admits that fundraising represented a very steep learning curve. “I grew up in the church and was part of […]
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