All posts from “church finance”

$600,000 Stolen from Joel Osteen's Church

March 13, 2014 11:15 AM

An online story this week on ChristianityToday.com reports that "an estimated $600,000 was stolen from Joel Osteen's Lakewood Church." A statement from the church said the theft includes "cash, checks and envelopes containing written credit card information, and it...

How Millennials View Church Finances

March 4, 2014 8:00 AM

Millennial Christians are not reticent to speak up about church finances. They often lament how many dollars of the church budget are directed toward looking after the needs of the existing membership and how few dollars go to the...

Monday Church Management Roundup: 2/3/14

February 3, 2014 8:00 AM

Before you switch church management software providers. Think your church management software misses the mark? Nick Nicholaou provides these important tips to verify it does before paying to make a potentially costly switch: Make sure you're running the most...

Tips for Protecting Church Donation Boxes

January 30, 2014 8:00 AM

Setting up a donation box at church may seem like an easy way to collect money for causes or the weekly collection, but it comes with risks. If left unattended, thieves may find a way to break into them....

Churches: Important January 31 Deadline Looms

January 21, 2014 10:45 AM

Churches and businesses must issue their employees' 2013 W-2s by January 31. This applies to clergy who report themselves as employees, but not the self-employed. This is a critical date for all organizations. When churches don't issue W-2s in...

Firm: 2013 Religious Giving Fared Better than Expected

January 14, 2014 4:30 PM

Atlas of Giving, a company that tracks and predicts charitable giving, said overall giving—including giving to religious causes—grew in 2013, according to a Monday article in the Los Angeles Times. The results were significantly different from what the Dallas, Texas-based...

Surprising Trends on Church Pay

November 8, 2013 8:00 AM

A friend of mine who serves as an associate pastor for a local church emailed last week to see when our 2014-2015 Compensation Handbook for Church Staff would release. The reason: "I wanted to know if it will be available...

5 Tips for Keeping Online Banking Safe

October 29, 2013 8:00 AM

Online banking has proven to be an efficient, environment-friendly way to pay bills and manage bank accounts. For all of its benefits though, there are still safety precautions churches need to take to protect their money. Mark Jones, money...

31 Free Articles on Church Law, Finance, and Risk

October 1, 2013 8:00 AM

Church leaders will have an unprecedented opportunity throughout October when ChurchLawAndTax.com, a sister site of ours, unlocks a new article each day on a significant law, tax, finance, or risk management matter leaders face. The "31 in 31" campaign...

Protecting the Church Offering

July 30, 2013 8:00 AM

Earlier this month, an entire offering from an evening church service was stolen when the church board member counting it momentarily stepped away, according to NewsChannel 3. It's reported that he heard a door slam and then discovered the...

Mixing Donations and Technology

July 25, 2013 8:15 AM

When I stand in line at my favorite coffee shop, I notice many people don't grab a wallet to pay anymore. Instead, they pull out a smartphone and present a phone app to the cashier to pay. Each year, technology...

Four Poor Responses to Church Money Problems

June 18, 2013 8:00 AM

Randy Marsh, ministry development officer for the Evangelical Christian Credit Union, shared four poor responses church leaders make to money problems while speaking recently in Dallas at the 2013 XP-Seminar, a conference involving nearly 200 executive pastors from across...

Thom Rainer's Top 10 Rules of Thumb for Healthy Churches

June 6, 2013 8:00 AM

Thom Rainer (the president and CEO of LifeWay Christian Resources) recently offered his Top 10 rules of thumb for healthy churches in America. Several caught our eye, including: 8. Effective giving: For every person in average attendance, including children...

Five Ways to Survive Summer with a Balanced Church Budget

May 23, 2013 8:00 AM

Churches have historically dreaded summer due to one thing: giving. That's because activities and costs peak with summer missions trips, camps, and Vacation Bible School just as regular weekly contributions wane. The challenge for every church leader is to...

What's Next: Will Church Bonds Make a Comeback?

April 25, 2013 8:00 AM

Editor's Note: This is the final post in a guest series from Dave Travis' book, What's Next?:2012 Edition. The first posts addressed church finances, financial accountability, the use of interns and residents, and outsourcing work. Travis is CEO of Leadership...

What's Next: How Churches are Using Outsourcing

April 18, 2013 8:00 AM

Editor's Note: This is the fourth in a series of guest posts from Dave Travis' book, What's Next?:2012 Edition. The first three posts addressed church finances, financial accountability, and the use of interns and residents. Travis is CEO of Leadership...

What's Next: Should We Use Interns and Residents?

April 4, 2013 8:00 AM

Editor's Note: This is the third in a series of guest posts from Dave Travis' book, What's Next?:2012 Edition. The first post addressed church finances and the second post addressed financial accountability. Travis is CEO of Leadership Network. Where will...

Are Annual Church Pledge Drives Still Relevant?

April 2, 2013 8:00 AM

I recently sat through a workshop involving financial officers and business administrators from churches in metro Denver. A panel of three finance officers, convened to discuss cash flow and cash reserves, focused mostly on appropriate cash levels, metrics, and forecasts...

What's Next: Transparency is the Order of the Day

March 28, 2013 8:00 AM

Editor's Note: This is the second in a series of guest posts from Dave Travis' book, What's Next?:2012 Edition. The first post addressed how much--or little--the economy is to blame for church failures. Travis is CEO of Leadership Network. Here...

What's Next: It's the Economy—or Is It?

March 21, 2013 8:00 AM

Editor's Note: This is the first in a series of guest posts from Dave Travis' book, What's Next?:2012 Edition. Travis is CEO of Leadership Network. The recession has left its mark everywhere--on our friends, our families, our cities, our churches....

New Study: Churches Say Giving is Up, But So are Costs

March 7, 2013 12:48 PM

Our colleagues at Christianity Today just posted a quick analysis of new research on giving at churches conducted by the Lake Institute on Faith & Giving at the Indiana University School of Philanthropy, the Alban Institute, the Indianapolis Center...

Four Money Lessons for Churches from the "Great Recession"

February 21, 2013 8:00 AM

Randy Marsh, ministry development officer for the Evangelical Christian Credit Union, shared four money lessons for churches while speaking Wednesday in Dallas at the 2013 XP-Seminar, a conference involving nearly 200 executive pastors from across the country. Marsh said ECCU...

Big Churches Expect Big Things in 2013

February 19, 2013 5:00 AM

Leadership Network released its 2013 economic outlook this morning, relaying a mostly upbeat forecast for the nation's big Protestant churches in the year ahead. The organization created the report, written by Warren Bird and Stephanie Jackson, by combining responses...

Firm Issues Gloomy 2013 Forecast for Religious Giving

January 24, 2013 2:21 PM

A company specializing in computer-based reports and forecasts for charitable giving in the United States says giving to religion rose steadily in 2012 compared to 2011. The religious sector, though, has seen its share of the overall charitable giving...

Will Churches Pay More in 2013?

January 10, 2013 8:00 AM

A few months ago, our friend Warren Bird at Leadership Network informally surveyed nearly 600 Protestant churches to find out their plans for hiring and pay raises in 2013. The survey results appeared encouraging: 74 percent expected to give raises...

5 Tools for Managing Your Ministry’s Money

October 9, 2012 8:30 AM

October 18 is National Church Administration Day (NCAD). In conjunction with this day, the National Association of Church Business Administration (NACBA) will feature local chapter meetings throughout the country focusing on the theme “Accounting Principles—Mechanisms to Manage Your Church’s Money.”...

Preventing Payroll Mistakes

October 2, 2012 8:00 AM

When Christianity Today and Brotherhood Mutual Insurance Company sponsored a webinar featuring Richard Hammar on Prevent Payroll Mistakes: What Churches Need to Know, a record number of church leaders registered for the event. That's likely because payroll taxes present...

Free Church Payroll Webinar Rescheduled

September 11, 2012 3:24 PM

Due to illness, Richard Hammar’s “Prevent Payroll Mistakes—What Churches Need to Know” webinar, which was originally scheduled for tomorrow (Wednesday, September 12, 2012), has been rescheduled. In an effort to best serve you, we have rescheduled this free webinar to...

Q&A: Should Churches Perform a Compensation Study?

July 26, 2012 8:00 AM

Q: At the end of every year, our board discusses the salary for our ministers for the upcoming year. We would like to compensate our ministers for all they do for our church, and some have suggested we get a...

Church Business Matters

July 5, 2012 8:00 AM

Most ministers have managerial responsibilities, such as budgeting, hiring, supervising, and purchasing, though it seems many church members either do not understand this or harbor doubts about pastors’ competence in these roles. When our interviewees were asked why they...

Compensation Planning for Churches, Part 6

June 21, 2012 8:00 AM

Editor’s Note: Today is part six of a multiple-part series reviewing church compensation planning that complies with IRS guidelines. Last week we looked at how to properly classify employees who are ministers. Determining the parts of compensation that are taxable...

Compensation Planning for Churches, Part 5

June 14, 2012 8:00 AM

Editor’s Note: Today is part five of a multiple-part series reviewing church compensation planning that complies with IRS guidelines. Last week we looked at how noncash benefits must count as compensation. Classifying the employees who are ministers is a crucial...

Compensation Planning for Churches, Part 4

June 7, 2012 8:00 AM

Editor’s Note: Today is part four of a multiple-part series reviewing church compensation planning that complies with IRS guidelines. Last week we looked at how to avoid costly penalties when setting pay. Before an organization can move on to...

Compensation Planning for Churches, Part 3

May 31, 2012 8:00 AM

Editor’s Note: Today is part three of a multiple-part series reviewing church compensation planning that complies with IRS guidelines. Part one looked at why churches should carefully think through what qualifies as compensation and taxes on compensation. Part two...

Compensation Planning for Churches, Part 2

May 23, 2012 8:00 AM

Editor’s Note: Today is part two of a multiple-part series reviewing church compensation planning that complies with IRS guidelines. Part one looked at why churches should carefully think through what qualifies as compensation and taxes on compensation. One of...

Compensation Planning for Churches, Part 1

May 17, 2012 8:00 AM

Editor’s Note: This post first appeared on Elaine Sommerville’s blog Elaine’s Tax Tips for Nonprofits. Today is part one of a multiple-part series reviewing church compensation planning that complies with IRS guidelines. One of the most common areas that...

ManagingYourChurch.com Honored by Press Association

May 15, 2012 2:41 PM

Today's post is a little different than the norm because we have some good news to share. ManagingYourChurch.com received a top honor Friday from the Evangelical Press Association during the organization's 2012 conference. The site received the Award of Excellence--the...

10 Tips for Counting Cash

May 10, 2012 8:00 AM

When churches receive tithes and offerings, there's more going on than meets the eye. Along with physically collecting people's money and bringing it to the bank, you should be tracking how much comes in, who it comes from, what...

Five Lessons from The Journal’s Church Fraud Piece

May 8, 2012 8:00 AM

For the second time in less than a month, The Wall Street Journal featured a piece focused on the sensitive, but important, topics of churches, finances, and transparency. First it was columnist Al Lewis taking deceitful pastors to task...

Five Online Giving Lessons for Churches

May 1, 2012 8:00 AM

A report issued in February by a major provider of fundraising technology and consulting services offers some helpful insights for church leaders as it relates to online giving. In short: Use of online giving continued to grow in 2011,...

A Breakdown of Salaries and Benefits for Senior Pastors

April 3, 2012 8:00 AM

Editor's Note: The 2014-2015 Compensation Handbook for Church Staff is now available. This resource details pay and benefits data for 14 church positions, including two new ones—part-time musician and part-time childcare provider. Each position is analyzed based on a variety...

With Fraud Prevention, Patience and Planning Reign Supreme

March 29, 2012 8:00 AM

Fraud prevention in churches isn’t an easy subject to bring up. The topic naturally creates tension, pushing up emotion levels with staff, lay leaders, and volunteers. And for good reason: One significant prevention tactic requires two people—not one—to handle...

Is Income Exceeding Expenses at Your Church?

March 13, 2012 8:00 AM

Findings from the 2012-2013 Compensation Handbook for Church Staff reveal that the overall percentage of churches operating in the black—income EXCEEDS expenses—declined in almost every region....

The Top 7 Paid Positions at Churches

February 7, 2012 8:00 AM

Editor's Note: The 2014-2015 Compensation Handbook for Church Staff is now available. This resource details pay and benefits data for 14 church positions, including two new ones—part-time musician and part-time childcare provider. Each position is analyzed based on a variety...

Part 1: When Raises Aren’t Possible for Church Staff

January 12, 2012 8:00 AM

Editor’s Note: Liz Ryan spent 20 years as a corporate human resources leader. During that time, she saw the best and worst of how employers treat their employees. She’s now a full-time writer and consultant on workplaces and writes...

How Much Are Pastors Earning These Days?

January 5, 2012 8:00 AM

How much are the pastors of Protestant churches nationwide earning these days? The chart below shows the national averages for compensation and benefits earned by full-time senior pastors, based on Christianity Today's biannual survey of 4,600 churches nationwide. The survey...