3 Year End Processes – Part 1 – Contributions
Since we are approaching the end of the year, I’m kicking off a 3 part series on 3 calendar year-end finance processes to make your year-end as smooth as possible. […]
Robert
A System for Determining Raises for Church Staff
All churches give their Pastor and Staff raises as appropriate and when finances allow. Hopefully. But how and under what guidelines or philosophy? The system I recommend: Give a Cost […]
Ministry Health Metrics
Here’s my companion post to my quantitative Ministry Metrics Series (see the first in that series here). Number-based metrics reveal facts which are needed to keep you grounded in reality. It’s […]
How the Member Churn Rate Can Make Your Church Better
As I mentioned in my post, 3 Back Door Ministry Metrics, it’s better to focus on engaging as soon as someone becomes less active rather than after they’ve left altogether. […]
New Overtime Rules Are Out – For Now
A Federal Judge issued a Nationwide Preliminary Injunction on the new overtime rules, meaning they won’t take effect on December 1st as scheduled. We’ll see what happens. Will the […]
Generational Giving – What Does the Future Hold?
A few years ago, I put a Generational Giving Analysis together for my church just to see what it revealed. I found the results fascinating. Take a look. A Few […]
Should You Use a Purchase Order System?
That’s a great question. The majority of churches use a Purchase Order (PO) system. One where most purchases have to be approved. But, why? I think most believe it’s a […]
The Power of Collusion and What You Can Do
Merriam Webster defines Collude as – to work with others secretly, especially in order to do something illegal or dishonest. And Collusion as – a secret or illegal cooperation or conspiracy, […]
the Budget to Actual Report – Executive & Finance Teams
Church leaders simply must know where their church stands in relation to budget. Today, we’re talking about what is perhaps the most well known and employed (as it should be) […]
the Cash Flow Statement – Executive & Finance Teams
Today, we’re going to look at perhaps the most misunderstood or mysterious of the Major Financial Reports – the Statement of Cash Flow. “Cash Flow” at the most basic level […]