Finance

Salary Reductions • Boundary-Setting • Unliked—and That’s Okay: Management Roundup
Trends, tips, ideas, and stats to help church leaders manage well this week.
Salary Reductions • Boundary-Setting • Unliked—and That’s Okay: Management Roundup

1. Exercise caution with salary reduction agreements. “Many churches have established ‘salary reduction agreements’ to handle certain staff expenses. The objective is to reduce an employee's taxable income since only the income remaining after the various ...

Five Free Tax Articles for Churches and Clergy
Available for a limited time.
Five Free Tax Articles for Churches and Clergy

"The preparation of ministers’ tax returns presents a number of challenging issues that often are not well understood," writes Richard Hammar in "Avoiding Costly Tax-filing Mistakes." "This can lead to innocent mistakes, which in turn can lead ...

Church Pay • Co-Worker Conundrum • Saving Time: Management Roundup
Trends, tips, ideas, and stats to help church leaders manage well this week.
Church Pay • Co-Worker Conundrum • Saving Time: Management Roundup

1. Setting fair pay for church pastors and staffs. Setting compensation packages for pastors and staff is a bit like Goldilocks' experiences with seeking perfect porridge. Churches can't pay too much (too hot!), given the budget constraints they often face and the potential ...

Church Payroll Audits • Getting Clarity • Leader Energy: Management Roundup
Trends, tips, ideas, and stats to help church leaders manage well this week.
Church Payroll Audits • Getting Clarity • Leader Energy: Management Roundup

1. New payroll audit protections for churches. “In the past, the IRS did not apply the protections of section 7611 to ‘employment tax inquiries’ in which the IRS sought to determine a church's compliance with payroll tax reporting requirements. The current ...

Financial Fraud in Churches: A Major Risk in 2017
Why church leaders should assess the way they collect and record money.
Financial Fraud in Churches: A Major Risk in 2017

Editor’s Note: In a podcast on the 10 major trends for churches in 2017, Thom Rainer and Jonathan Howe of LifeWay talk about financial fraud in churches and offer valuable insights for church leaders on the subject. We've highlighted part of this podcast.

Jonathan: ...

QuickBooks at Church • Punting Passivity • Team Teaching: Management Roundup
Trends, tips, ideas, and stats to help church leaders manage well this week.
QuickBooks at Church • Punting Passivity • Team Teaching: Management Roundup

1. Making QuickBooks work for churches."Some accountants cringe at the name QuickBooks. However, I believe that if you are aware of the possible shortcomings and create a couple of good processes, you can use this software package successfully within your church. Here is ...

Substantiating Contributions • Stuck Ministries • Growing Others: Management Roundup
Trends, tips, ideas, and stats to help church leaders manage well this week.
Substantiating Contributions • Stuck Ministries • Growing Others: Management Roundup

1. Substantiating 2016 charitable contributions. "Churches should take the following two steps to ensure compliance with the requirement that their written acknowledgments to donors be contemporaneous: (1) issue contribution receipts as soon as possible after the close ...

Funding Fixes • Church Platforms • Seeking Laborers: Management Roundup
Trends, tips, ideas, and stats to help church leaders manage well this week.
Funding Fixes • Church Platforms • Seeking Laborers: Management Roundup

1. Funding unexpected repair jobs. "Every air-conditioning unit, every piece of carpet, every window, every light, and the entire roof will need to be replaced at some point. It's vital for leaders to recognize all of it needs to be replaced sooner or later. And setting ...

Dylann Roof Guilty • Embezzler Embezzles • Fake Church’s ‘Inurement’: News Roundup
This week’s headlines that affect churches and church leaders.
Dylann Roof Guilty • Embezzler Embezzles • Fake Church’s ‘Inurement’: News Roundup

Dylann Roof Found Guilty of Murder, Hate Crimes. “Dylann Roof is guilty of murder and hate crimes, a federal jury decided Thursday in the slayings of nine people last year at Emanuel AME Church in Charleston, South Carolina. The next question is whether the jury will give ...

The Top Church Management Conferences for 2017
Training across the nation to gain knowledge in financial, legal, and risk matters.
The Top Church Management Conferences for 2017

A number of conferences are available for those who work with legal, financial, and risk management matters for their church. Here are some we recommend:

1. 2017 XP-Seminar

This event, led by XPastor.org founder David Fletcher, educates and encourages executive pastors, senior ...

Church Productions • Online Giving • Sacrificial Leadership: Management Roundup
Trends, tips, ideas, and stats to help church leaders manage well this week.
Church Productions • Online Giving • Sacrificial Leadership: Management Roundup

1. Who owns volunteer-created material for church productions? "This case illustrates the Copyright Act is very clear about who owns something when it is created. Think of church volunteers. It may be a volunteer worship leader or a volunteer Sunday school teacher. A volunteer ...

The Top 10 Church Management Articles of 2016
Articles that drew the most interest on ManagingYourChurch.com
The Top 10 Church Management Articles of 2016

The end of the year is a great time to reflect on the past year with a top 10 list. The list of the most popular articles on ManagingYourChuch.com shows the variety of financial, legal, safety, and tax matters that church leaders often encounter in their work.

This list is based ...

For-Profit vs. Church Financial Management
The head of the Evangelical Council for Financial Accountability shares the differences to help people transition from the business world into a nonprofit ministry.
For-Profit vs. Church Financial Management

Dan Busby serves as president of the Evangelical Council for Financial Accountability. Busby recently spoke with Church Finance Today on best practices for financial professionals who transition from the for-profit business world into a church setting.

What unrealistic expectations ...

Collaborating Churches • Ministry Confidence • Costly Disorganization: Management Roundup
Trends, tips, ideas, and stats to help church leaders manage well this week.
Collaborating Churches • Ministry Confidence • Costly Disorganization: Management Roundup

1. Collaborating churches do benevolence better. "Under the silo effect, the church wastes hundreds of volunteer hours on duplicated efforts. Church­es become easier targets for con artists. The food pantry and used clothing inventory requires con­stant monitoring ...

‘State of the Plate’ 2016 Report Sheds Light on Church Giving Trends
With only flat or declining giving, churches are "scrambling" for giving solutions.
‘State of the Plate’ 2016 Report Sheds Light on Church Giving Trends

The 2016 State of the Plate survey is a survey conducted by several ministries and church businesses. MAXIMUM Generosity, Tithe.ly, ChurchMag, Elvanto, ChurchOS, and Apollo Church Apps all sponsored the survey, according to its summary report.

The survey, although not scientific, ...

BREAKING—New Overtime Pay Rules Put on Hold
Injunction delays December 1 implementation of new salary threshold.
BREAKING—New Overtime Pay Rules Put on Hold

New overtime rules that were set to take effect on December 1 have been put on hold after a nationwide injunction was handed down late Tuesday, November 22, by a federal judge in Texas.

The changes would have significantly increased the salary threshold used under the Fair Labor ...

"Comp Time" Conundrum • Sustainable Ministry • Better Meeting Agendas: Management Roundup
Trends, tips, ideas, and stats to help church leaders manage well this week.
"Comp Time" Conundrum • Sustainable Ministry • Better Meeting Agendas: Management Roundup

1. Why "comp time" can't replace overtime pay for church employees. "While you can't give employees future 'comp time' instead of overtime pay, you can adjust schedules within a workweek to prevent employees from incurring overtime. For example, ...

Planning for Facility Repairs and Ongoing Maintenance
Facilities expert says ignoring facility issues can be extremely costly in the long run.
Planning for Facility Repairs and Ongoing Maintenance

Kevin Folsom is director of campus operations at Trinity Christian Academy in Addison, Texas. He previously served in a similar role with Dallas Theological Seminary for 25 years and has been active 20 years with APPA, an association of higher education facility officers. Folsom ...

Fraud Prevention • Six-Month Plans • Clear Coaching: Management Roundup
Trends, tips, ideas, and stats to help church leaders manage well this week.
Fraud Prevention • Six-Month Plans • Clear Coaching: Management Roundup

1. The threat of fraud in churches. “Fraud remains a surprising threat. In many cases, the perpetrator is a staff member or volunteer who has worked with the church several years, and the total theft often surpasses $100,000. … Michael Batts, a CPA and co-author ...

Set Housing Allowances Soon • Redeeming Criticism • Work Rhythms: Management Roundup
Trends, tips, ideas, and stats to help church leaders manage well this week.
Set Housing Allowances Soon • Redeeming Criticism • Work Rhythms: Management Roundup

1. Set 2017 ministerial housing allowances soon. "The board or congregation should designate a housing allowance for next year for ministers who own or rent their home (and for ministers who live in a parsonage and who pay some of their housing expenses). A housing allowance ...

Screening Underage Workers

Screening Underage Workers

Learn how to properly screen underage workers.
2016-2017 Compensation Handbook for Church Staff

2016-2017 Compensation Handbook for Church Staff

Compare your salary and benefit plans with thousands of other church workers nationwide.