FINANCE Archives - Page 18 of 61 - Church Executive


Managing the added expenses involved with reopening your church

As we begin the new year, the country will already have witnessed health care workers and others receiving the first vaccines developed to protect us against COVID-19. It is a testament to science — and, I believe, a miracle — that a vaccine has been developed so swiftly.  Nevertheless, it will be later this year […]

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2 COVID-era church design trends that are likely to endure

As an architecture firm that works almost exclusively with churches and Christian schools, we must confess to allowing our collective joy to slip away every now and again during this rollercoaster ride of 2020. With 129 faith-based projects in active design or construction stages, we have walked along this path of uncertainty with many church […]

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“… BUT GOD!”

(above) Living Water Bible Fellowship in Alamosa, Colo. When considering the church facility construction outlook in 2021 and beyond, I believe it boils down to these two words. On a flight recently, I happened to be seated next to a project manager from a commercial construction company with projects across the United States. Naturally, I […]

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Leading during disruption: 2020

No one was — or could have been — prepared for what was coming with COVID-19. But, for better or worse, there’s no substitute for experience. In this spirit, we asked several church executives who have graced our cover in the past few years to reflect on leading during disruption. How have they and their […]

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Finding the silver lining: positive impacts of the global pandemic

By Molly Matthews The global pandemic has brought about immense change, and many have unfortunately felt negative effects. However, not everything that has come out of this is doom and gloom: some churches have seen positive impacts from pivoting their business strategies. Primarily, ministries were forced to turn to digital solutions to maintain connection with […]

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Bookkeeper saves church $8,000

By Amy Manderscheid  Before she started working for StartCHURCH, Angela worked in various accounting jobs. Now, she is one of our dedicated bookkeepers. One day, while reconciling accounts for one of the churches she works with, she noticed something off in the numbers. She quickly discovered the church was being charged $600 a month for […]

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Missionary response to COVID drives collections

By Matthew F. Manion The impact of COVID-19 on parish collections this year could be devastating, but it doesn’t have to be. Churches still have time to pivot to a new model of being church before the economic impact is irreversible. But they need to act quickly. To assess the financial impact of COVID-19 on […]

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Blessed under trial

With preparation, persistence and wise collaboration, Bridgeway is saving $450,000+ in yearly interest — even amid a pandemic By RaeAnn Slaybaugh Heidi Coughran has spent most of her career in church operations. She says it’s “exactly my wheelhouse.” So, when the opportunity arose in 2015 to join the staff at her beloved home church — […]

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Selecting investments to achieve your goals

By James R. Cook, CFP®, RICP® Before you devise an investment strategy, define your goal. Are you saving for retirement, to purchase a home, to fund your child(ren)’s education or something else? In this article, we will focus on saving for retirement. Risk tolerance and risk capacity When investing for retirement, consider your risk tolerance […]

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#GivingTuesday: have you decided?

From NonProfitPRO / By Laurence Pagnoni Just weeks away, #GivingTuesday will take place on Tuesday December 1. This day of global giving has grown into an impressive movement that inspires hundreds of millions of people to give, collaborate and celebrate generosity. The average online gift is $111. It may be an opportunity for you to leverage […]

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