church finances Archives - Church Executive


The sustainable metric — where cash is always king

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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Understanding metrics that quantify leveraged assets

By Rebecca M. DaVee, CPA In 1856, 16 individuals formed First Presbyterian Church of Dallas. For 15 years, the congregation met in various locations, including the Dallas County Courthouse. Fast forward to 1872 — the Dallas Presbyterians had found a new church home, located on Elm and Ervay. With the arrival of the railroads, downtown […]

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Creating generosity: Technology doesn’t have to be SCARY

ExperienceChurch.tv® in Puyallup, WA, isn’t afraid of technology. Early adopters of live streaming (hence, the .tv), digital child check-in and more, Senior Pastor Dennis Cummins and his team embrace tools and technologies that simplify processes and free up resources for ministry. Mobile giving, then, was a natural fit.

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Church accounting basics: transparency & accountability

How to lay the foundation for true church CHURCH ACCTNGaccounting stewardship

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Church accounting basics: EMPLOYEE — to be or not to be

If your church is anything like mine, you are constantly trying to navigate the requirements of our nation’s employment laws. When researching the topic of “employee versus independent contractor,” what I find is consistently inconsistent. It’s easy to get lost in the lack of interpretation.

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Does it make sense to refinance right now? (Even though you might be facing a prepayment penalty)

If you haven’t already heard while listening to the evening news, the 15-year historic graphs indicate that while interest rates are still relatively low, they might have bottomed and be on their way up. While many think rates are likely to increase in the future, no one knows how much they will rise or when. Now might prove to be a good time to refinance existing debt and secure a long-term fixed rate if possible.

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Religious institution financing truths—regardless of the lending climate

As the business administrator of a religious institution, you don’t need to be an experienced commercial developer to get a construction loan — you just need an expert ministry bank.

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“Church management software: focus on financial functions” — New eBook Available

In this insightful new eBook, Mark Kitts — a founding pastor prior to joining the software world — talks about how ChMS-enabled financial functions can truly support a church. He also details some of the most underused ChMS financial functions.

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Financial planning for clergy and church administrators: upcoming webinars

The statistics on Americans and retirement planning are staggering. More than half of us do not know how much we will need to live a comfortable retirement, and 60 percent have saved less than $25,000. For clergy, the economics of retirement can be even more challenging.

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New eBook spotlights finances & administration — especially for church leaders

In a valuable new eBook, “Finances & Administration for Church Leaders” Rev. Dr. Sara Day, CFP®, examines the value of a pastoral relations committee — among the most effective methods for strengthening the lines of communication between the pastor and the congregation.

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