Nonprofit Resources
Board Governance in Churches: So Who’s in Charge, Anyway?
Church “polity” often defines your church’s structure, board roles, and responsibilities. If you are a church board member, it’s critical that you understand the role of your church governing body in relation to your church polity in order to help you understand your role and responsibilities.
Corporate Credit Cards and Your Church: Important Considerations and Guidelines
Corporate credit cards can be very useful for church staff, but they need to be used properly, with adequate documentation provided on time.
Five Questions to Ask About Your Organizational Philosophies
Whether you are new to your organization or have been there many years, it is important to step back periodically and examine existing organizational philosophies to determine whether they are helping or hindering your ministry’s leadership and objectives.
Not-for-Profit Financial Reporting 3.0: New FASB Exposure Draft
Even with the challenge of learning a new framework and educating others, this may be an update to welcome.
Measuring Your Church’s Financial Performance
How does your church compare with similar churches? What financial issues should you monitor, and how? This article explores a few of the measurements and ratios that will help you assess your financial health and identify areas for improvement.
Reducing the Temptations of Fraud in Your Church
Risks of fraud in the church often go unrecognized due to a high-trust environment and a lack of adequate training among leadership. Learn how to reduce the temptations of fraud in your church, specifically the misuse of church funds or assets by a church leader for personal gain.
The Who, What, When, and How of Church Internal Audits
There are several reasons why a church may perform an internal audit. Whatever leads to an internal audit at a church, however, it’s important to perform it at the right time and through the right process. This article explains who and what an internal audit should involve, when to perform one, and how to report the results.
Employing the Wisdom of Small Creatures for Big Organizational Change
Rather than thinking of ants and locusts as pests, what if we viewed them as little creatures we can learn and unearth big organizational truths from? After all, Proverbs 30:24 describes ants and locusts as “exceedingly wise.”
How to Ensure Your Church Bookstore is Tax-Exempt
Church bookstores can be wonderful resources for attendees and the church. It’s important to be aware, however, that your church bookstore may generate what the IRS considers unrelated business income (UBI), which is taxable. This article will help you understand the requirements for operating in a tax-exempt manner and how to remain in compliance.
Six Simple Suggestions for Improving Financial and Operational Efficiency
There is a noticeable and consistent trend for church business administrators or the finance and accounting teams to be over-worked, overwhelmed, and in some cases a little underappreciated. God designed ministries to function in a way that allows them to serve people effectively. These suggestions can help alleviate some common problems in ministry and enable your organization to operate more efficiently.