In recent years, we’ve found that church roadmaps are getting tougher to build and forecasts are becoming harder to predict. All businesses have been impacted by the pandemic, for example, but most of those businesses are not directly reliant on outside or loyal donations to continue thriving. Read on to discover the 4 steps to building your church’s financial plan, which include eliminating virtual bookkeeping myths and empowering you to prioritize your mission.
Though summer often doesn’t see the amount of giving that Christmas generates, there are many creative ways to get people to increase their church giving during this time of year.
Nonprofit organizations face similar risks as for-profit businesses. However, nonprofits must navigate around tight budgets while honoring their donors’ intentions. This article details 6 risks facing nonprofit organizations on a daily basis.
Considering the heightened risk of cybersecurity attacks, Nonprofits need to step up their game with cybersecurity, information security etc.
If your business isn’t doing as well as you think it should— or if it’s not doing well at all— perhaps it's time for some serious assessment of your finances. Check out our article on how smart financial management can help you and your business turn the corner:
As religious institutions, churches have unique needs when it comes to reporting their finances. Wondering whether to hire an in-house accountant or to outsource? Check out our article on the many considerations churches face
A treasurer is responsible for sharing financial information effectively with stakeholders. Let’s explore what this role looks like in the nonprofit setting.
Take a look at some of the ways you can assess your reporting system and make changes to adapt to your individual needs.
A lack of order in finances can keep nonprofits from succeeding but it's never too late to get your nonprofit’s finances in order.
As long as your financial management is protected and handled by a professional staff, financial transparency can offer key benefits to your nonprofit.