Nonprofit Resources
How to Be a Specialist in Supporting Your Support Team
Without support roles in the church, little or no ministry would take place. Your church should take care not to minimize the importance of these responsibilities. You can help ensure they are given their due by following a few key guidelines.
Is Your Organization Managing Risk – or is Risk Managing You?
All entities make decisions based on risk every day. That means Enterprise Risk Management (ERM) is a process that all higher education institutions, churches, schools, and ministries are already implementing. The question is: Is your organization managing the ERM process – or do you just react to risk after the fact?
Employee Benefit Plan Service Helps Nonprofits Assess Compliance
Many nonprofit organizations provide a retirement plan for their employees. But unless the plan is already required to have an independent audit*, most organizations are unaware of the high standard of fiduciary responsibility the IRS and Department of Labor place on plan sponsors to oversee their benefit plans and operate them in accordance with regulations.
Joint Costs: The Right Way to Allocate
With so much attention these days paid to fundraising ratios, many nonprofits feel pressure to minimize their fundraising expenses. This makes allocating joint costs — costs associated with activities that have both fundraising and other functions — appealing. But before you take that step, make sure you’re familiar with some frequently misunderstood accounting rules.
Ten Steps to Finalizing Your Annual Budget
No organization has an infinite supply of resources. Follow these steps to create a realistic and effective budget that will help your organization use the resources you do have in a way that accomplishes your goals and furthers your mission.
How Healthy is Your Leadership?
Every church is only as healthy as its leadership, and the healthier the church, the better the chances it will maintain sound financial management. Review these eight factors of healthy church leadership and consider where your team is strong and where there may be weaknesses.
Planning Your Budgeting Process
The word “budget” can strike fear in the heart of nearly any staff member. These considerations will help you prepare to budget, resulting in a more successful process and an effective budget that supports your church’s goals.
15 Questions Nonprofit Board Members Should Be Able to Answer
If you serve as a nonprofit board member, we recommend that you review the organization’s Form 990 and be informed enough to answer these 15 questions.
Ideas for Encouraging Engagement and Support in Your Church
The face of ministry has changed. Demographic shifts, new technologies, and changing attendee expectations require new ways of encouraging engagement and stewardship.
Six Debt Ratios and Measurements Your Church Should Monitor
This article explains six debt ratios and measurements you can use to monitor your church’s dependence on debt levels and identify any needed adjustments.