By Rebecca M. DaVee, CPA Our last metric is the sustainable operating metric. When you boil it down to the last key performance indicator — the one that tells the true story for sustainability — what is it? It’s not based on an account buried in the profitability of the organization, (i.e., statement of activities […]
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A Remote Roundtable Discussion: Two seasoned church giving experts share 4 tried-and-true strategies any church leader can use — featuring Eliot Crowther and Becky Kopplin Q: For most churches, just how big of a problem is a drop-off in summer giving? Crowther: Really, we need to expect that attendance is going to dip during the […]
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5 mindsets to transform your ministry funding strategy By Joel Mikell & Curt Swindoll The challenges the local church faces today are markedly different compared to those of a decade or two ago. Gone are the days of significant numbers of church members attending on Sunday mornings, evenings, and Wednesday nights. Tithing is no longer […]
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By Dan Mikes As you might have noticed, interest rates have been on the move. Also, recent economic signals seem to imply the federal government will be more active in 2017. Consider comments economist Dr. Scott Anderson made on February 17 under the heading, “Inflation Runs Hot, Will the Fed?”: The urgency to hike interest […]
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By Rev. Dr. Patricia Hunter, CFP® In today’s world, most of us have debt. One of the keys to achieving financial wellness is learning how to manage that debt. Debt does not have to be an insurmountable problem Is debt distracting you from your ministry? As servants of God, we often place the needs of […]
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There’s a storm coming. A tsunami. Tornado. A hurricane. A teeming horde. I’m talking, of course, about the tidal wave of people headed for your church on April 16. It’s a time of traditions: spiral-sliced ham, perfectly good eggs covered in thick layers of paint, and going to church with grandma. But for those in […]
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GLENN WOOD / CHURCH ADMINISTRATOR / SEACOAST CHURCH / MT. PLEASANT, SC By RaeAnn Slaybaugh For more than 22 years, Glenn Wood has — innovatively — served as business administrator at Seacoast Church in Mt. Pleasant, SC. At the administrative helm of a rapidly growing church (now with 13 locations!), Wood’s vast, varied business management […]
Read More >A clear financial plan, including a sound investment policy, protects a church, its ministries and its people from a potentially devastating financial misstep. However, did you know this same plan can actually drive better giving, too? John Regan, Partner and Chief Investment Officer at New York-based Permanens Capital, which counts among its clients several large churches […]
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While many church plants are simply trying to make it week to week, Shoreline Church in Knoxville, Tenn., leveraged new ways of thinking to eliminate the guesswork for funding ministry. Through data & analytics, Shoreline developed a plan that resulted in a $653,000 one-day offering. It also laid the foundation for a culture of generosity. […]
Read More >By Darren Thompson & Richard Koon with Robert “Bo” Gutzwiller You might be successfully pastoring a church and thinking the “next step” for your ministry is starting a school. CAUTION: Your skill and experience with operating a church might or might not translate into the unique challenges that schools present. Who wouldn’t be interested in […]
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