As we head into 2025 and a new financial year for the church, I thought it might be useful to provide a brief overview of the two main financial statements used for reporting by most churches. I know this information may come as a review for many, but the explanations below might be helpful for new…
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Twenty-five years ago we entered a new millennium with a ton of hysteria! Much could be written about that time, but my thoughts in this season go to the fact that hardly anybody I knew, talked to, or heard ever said anything about 2025, the day and age in which we live now. In that day, 2025 seemed…
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If you have ever attended a Prepare to Plant training (formerly Church Planting Bootcamp), you’ve heard about creating strategies. God has given us a mission – to make disciples, and to live out that mission requires intentionality and planning. Or, to put it another way, our mission requires a strategy. Actually, it requires several strategies.…
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Recently, when on the road traveling in the district, I checked into the hotel I was staying at one night. There was a new person behind the counter, even though I’ve stayed at that hotel literally dozens of times through the years. I had my license and credit card ready when I checked in. The person…
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It’s that time again. Time for year-end processing. Below are some reminders. Designate housing allowance. Housing allowance should be set at a board meeting before January 1. Housing allowance can only be declared prospectively (that is, after board approval). Review W-4 forms. All employees should review their W-4 form and submit a new form if their financial status…
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