Currently Browsing: Money
Posted on Oct 15th, 2013 | 0 comments
Are you ready for this? One word. Audit.
When was the last time your church did an external audit?
True, it’s expensive.
But it’s necessary.
It’s the one way to be absolutely, independently sure that your church has the highest form of financial integrity and accountability.
When was the last time your church did an audit?
Here’s more information…
Posted on Aug 8th, 2013 | 2 comments
Mark Brooks from The Charis Group writes about how the shift from writing checks to electronic payments will eventually impact your church in a great way:
As your congregation gets younger by attrition, you’ll see check-writing become more infrequently used. If we don’t change our process for collecting the offering, we’ll see our offerings decline!
The reason is simple: The harder we make it for people to give, the less likely they are to do so. If our only means of collection remains the traditional offering plate, people will put in the few dollars they have on their person. The percentage of...
Posted on Jul 17th, 2013 | 2 comments
Does being generous spur more generosity?
It would appear so. From the Huffington Post:
A donut shop in Amesbury, Mass., witnessed an incredible string of customers “paying it forward” — and forward, and forward, and forward.
A total of 55 customers came through Heav’nly Donuts’ drive-thru on Saturday offering to pay the bill of the person behind them, CBS Boston affiliate WBZ reported.
The chain of generosity began after a stranger paid for Eileen Taylor’s drink on Friday. When she went back the next day committed to do the same for someone else, she started a...
Posted on May 22nd, 2013 | 1 comment
Margaret Marcuson thinks it’s time for you to face the financial facts in your church. Do you know the following basic information about how people give in your church?
What are the trends in giving and expenses?
What is the giving pyramid – how many givers do you have at successive giving levels?
What is the pace of income through the year – what percentage comes in during December each year?
What percentage of income goes to ministries outside your congregation?
She offers seven tips to dealing and working with these facts:
Be as open as possible.
Even difficult facts, calmly presented...
Posted on May 16th, 2013 | 2 comments
Mark Brooks writes:
If you have not established a culture of generosity at your church you will never raise significant dollars!
If you cannot raise significant dollars you will be hampered in terms of the amount of ministry and missions your church accomplishes.
If you don’t have a solid base of missions and ministry you are dying as a church.
If you are dying as a church you are not fulfilling God’s call to ministry.
From 1968 to 2010 the amount of money Americans gave to the church of their incomes fell from 3.11% to 2.4%. That represents BILLIONS of dollars a year lost for Kingdom purposes.
Posted on May 7th, 2013 | 1 comment
Thom Rainer asked post pastors and congregants “If your church budget receipts were to increase tomorrow by 50 percent, what would you like to do with the extra funds?”.
Here are the answers he got from his informal survey:
Pastors & Other Paid Ministers
Missions beyond our community
Ministry in and to our community
Start new churches or campuses
Upgrade existing buildings
Pay down debt
Upgrade sound and lighting
Increase pay of existing staff
Increase social media presence
Missions beyond our community
Posted on Apr 22nd, 2013 | 4 comments
Do you use checks?
Do you even know where your checkbook is? (I don’t)
Studies suggest that check writing is in rapid decline as people have begun to use them only for large purchases. Mark Brooks shares these stats:
Paper check usage declined from 61% of all payments in 2000 to just 26% by 2010.
In 2011, the number of checks processed by the Federal Reserve fell at its steepest rate yet, down 17, a third of the volume processed 20 years ago.
The average check size has approximately doubled, rising from an average of $879 in 2001 to $1,460 in 2011, as many smaller-value payments are transacted...
Posted on Apr 15th, 2013 | 2 comments
I came across this interesting site.
If you put in your annual salary, it will show you how you rate compared to everyone else in the world.
It’s pretty interesting… and makes you do a little soul searching.
Turns out that if you make around $50,000 a year (or a little less) you are still in the worlds top 1% of earners.
That’s pretty amazing… and something we don’t consider much here in the States.
The site was created by a London interactive media company to ‘challenge people’s perception of their personal wealth”. They are also hoping to encourage...
Posted on Apr 8th, 2013 | 8 comments
According to a new StateofthePlate.info research study, tithers are actually better off than non-tithers.
Take a look at this graphic.
What are your thoughts?
Find out more here…
Posted on Feb 14th, 2013 | 0 comments
In one of the coolest stories I have read in quite some time, Community Bible Church of San Antonio Pastor Robert Emmitt felt the Holy Spirit calling him to take a huge step of faith. After hearing about a fire that destroyed Childress Memorial Church of God in Christ he felt led to give the church $100,000 towards rebuilding efforts.
We hear a good bit of negative press about churches and money, churches fighting against one another, or church scandals… it is stories like this that reminds me why I love the church, and how cool it can be to see the church step up and be The Church.
Have you ever...