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Retirement Savings and the Rule of 72s
What pastors and church staff can learn about the power of compounding.
Retirement Savings and the Rule of 72s
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Pastors and church staff often are overwhelmed by the thought of setting aside money for their future retirements. But the sooner they start, the quicker they can make the money they save and invest work to their advantage.

This is because of the concept of compounding. It works ...

How to Finish the Year Strong
Get a head start on year-end tasks.
How to Finish the Year Strong
Image: Glenn Carstens-Peters / Unsplash

The holidays are just around the corner—and unfortunately, the rush of the season can shift the focus away from essential tasks that need to be accomplished before the New Year.

This year, don’t be caught off guard when the end of December rolls around. Instead, jump ...

How to Recognize and Confront Fraud
Two telltale signs, and the best and worst ways to respond to suspected stealing.
How to Recognize and Confront Fraud
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Nathan Salsbery, a partner and executive vice president with the accounting firm CapinCrouse, is an expert at detecting and rooting out fraud in churches. ManagingYourChurch.com talked with Salsbery about what churches can do to better protect their finances from internal theft. ...

Responding to Injuries at Church
What to do when employees or volunteers get hurt.
Responding to Injuries at Church
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A pastor falls off a ladder while hanging a banner. A volunteer trips while playing with second-graders in the kids ministry. A staff member gets injured during an on-site church activity.

Injuries are surprisingly common at churches. Responding quickly to them can help get an ...

Hiring Involves Strategic Planning and Careful Budgeting
Don't hire before you ask a few key questions.
Hiring Involves Strategic Planning and Careful Budgeting
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As a partner with the CPA firm CapinCrouse, Stan Reiff guides churches and other nonprofits through various parts of ministry, including strategic planning and ministry operations. Reiff recently talked to ManagingYourChurch.com about key issues related to hiring practices.

Where ...

5 Tips to Increase Giving This Summer
Practical ways to encourage donations during these typically slower months.
5 Tips to Increase Giving This Summer
Image: Kupono Kuwamura / Unsplash

Giving is often a difficult topic for pastors to discuss with their congregations. The common worry is that no one likes to be told how to use their money. But donations are vital to keep the local church running effectively.

The Barna Group shares that only 5 percent of the ...

Church Cell Tower Leases and Zoning Laws
How to navigate the process smoothly and with minimal problems.
Church Cell Tower Leases and Zoning Laws
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Kevin Donohue spent decades building networks for wireless companies before switching sides to represent landowners through his work with Tower Genius—a consultant firm that helps churches, businesses, and private citizens with lease agreements. He spoke with ManagingYourChurch.com ...

The Tricky World of Copier Leases and Purchases
What a church must consider before buying or leasing.
The Tricky World of Copier Leases and Purchases
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Vonna Laue is an expert on church finances. She served 20 years with a CPA firm focused on churches and ministries and is an editorial advisor for Church Finance Today. Here, she offers advice on navigating the complex world of copier leases and purchases.

What advice would you ...

Largest US Protestant Denomination Reports Rise in Pastor Salary, Decline in Benefits
What a study from the Southern Baptist Convention shows about changes in pastors' pay.
Largest US Protestant Denomination Reports Rise in Pastor Salary, Decline in Benefits
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The Southern Baptist Convention’s (SBC) biannual “SBC Church Compensation Study” revealed that compensation for full-time senior pastors within their denomination increased by 3.4 percent over the past two years, placing it well above growth rate for the consumer ...

How You Can Help Church Staff Determine Fair Pay
Take this survey that will provide data for a new digital compensation-setting tool.
How You Can Help Church Staff Determine Fair Pay
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Many pastors and church staff members don’t know whether their pay is fair—but you can change that. If you work for a church, you can help by taking the National Church Compensation Survey (and encouraging others to take the survey, as well!).

A digital compensation-setting ...

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

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

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
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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 ...

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
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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 ...

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
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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 ...

Senior Pastor's Role in Building a Culture of Generosity
Senior Pastor's Role in Building a Culture of Generosity
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I talked with Ron Edmondson, senior pastor of Immanuel Baptist Church in Lexington, Kentucky, about some practical ways senior pastors can foster a culture of generosity in their churches.

Ron and Immanuel have a great story of seeing the heat turned up on the church’s ...

Matching Grants vs. Challenge Grants
Why one is better in church fundraising.
Matching Grants vs. Challenge Grants
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Matching grants are a reasonably common tool used in churches, particularly for church planting, as well as ministries and nonprofit organizations. However, a small body of research strongly suggests that challenge grants work more effectively than matching grants in terms of ...

BREAKING—New Overtime Rule Challenged by Officials from 21 States
Two new federal lawsuits seek to block the Department of Labor’s overtime changes.
BREAKING—New Overtime Rule Challenged by Officials from 21 States
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In order to block the new overtime rule of the US Department of Labor (DOL), the attorney general for Nevada, Adam Laxalt, filed a lawsuit in federal court on September 20, according to the Associated Press (AP). The new overtime rule is set to take effect on December 1. Attorney ...

The Secret Struggle of Pastors and Finances
For many pastors, finances are a huge problem—but one they won’t tell you about.
The Secret Struggle of Pastors and Finances
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At some point in his or her career, your pastor has most likely struggled with finances—but chances are you (and most of your fellow congregants) wouldn’t know it.

In a recent article from SeminaryGradSchool.com titled “9 Secrets Pastors Keep,” Cincinnati ...

Interview: The Definition—and Danger—of 'Inurement'
Richard Hammar offers a definition for a common mistake that can have serious consequences.
Interview: The Definition—and Danger—of 'Inurement'
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While you may have heard the word “inurement,” you may be unsure of its definition. In this interview, Richard Hammar provides a definition of inurement.

Could inurement have implications for a church’s tax-exempt status? Hammar addresses instances where ministries ...

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Youth Ministry in a #MeToo Culture

Youth Ministry in a #MeToo Culture Member access only

Develop boundaries and a reporting structure that keeps your youth program safe for everyone.
Unrelated Business Income — The General Rules

Unrelated Business Income — The General Rules Member access only

How unrelated business income, and the possible taxes owed from it, works for churches.