In my role as Executive Pastor, one of the things I can never avoid is doing the budget for the church each year. The budget is due to the eldership in early December, and it takes a bunch of work to get it together. I usually start working on it in mid to late August. I wanted to share the process I go through each year, along with a few pointers. I’ll assume your church uses QuickBooks or some other application … [Read more...]
Capital Campaign Names
A Little Help With What Some Think Is The Most Difficult Part Of A Capital Campaign
We've run a total of 5 separate capital campaigns at my church since 2004. We're now working on a 6th. So, I've had plenty of experience with them. I have also had the privilege of helping other church leaders with stewardship strategies and capital fundraising campaigns for their churches. The last campaign I helped a church with, I'm happy to say, went very well. They were able to raise 120% of their goal over a … [Read more...]
How Much Is Enough When It Comes To Cash Reserves?
Determining The Amount Of Reserve Cash To Keep On Hand In The Church
I've been asked more than once over the years ... "How much does your church keep in reserve?" My answer? "It depends." I haven’t come across a “standard” as it relates to cash reserves, at least that works for everyone. As church leaders, we know having a reserve is a good thing, but we’re not in the money-saving business. We’re in the money spending business (for the good of the Kingdom, of course). We have to … [Read more...]
How To Develop A Compensation Program For Your Church
The 5 Important Components Of Any Good Church Compensation Program ... Explained
Every church, regardless of size or denomination, must have a "structured method" of determining fair and equitable compensation for staff. Why? Having a program developed, documented, and readily available for staff to read and understand solves or prevents issues staff sometimes have related to their compensation. Everyone knows where they stand in the organization and they are confident that their compensation is … [Read more...]
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