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Financial Management Resources Showcase

SHOWCASE FRIDAY: FINANCIAL MANAGEMENT RESOURCES

Financial Management Resources is the focus of today’s  Christian Leadership Alliance showcase series. Let’s take a look at this week’s best of the best list.

AcctTwo

Delivering the future of finance and accounting, AcctTwo is a leading consulting firm and provider of Managed Accounting Services. Our sophisticated systems solve the issues growing middle market companies and nonprofit organizations face today. AcctTwo is also a reseller of cloud-based accounting, ERP, Financial Planning and Analysis (FP&A), and Corporate Performance Management (CPM) software. We provide the people, processes, technology, and office facilities to perform these functions while allowing clients to collaborate interactively through an online portal.

AcctTwo is headquartered in Houston, Texas and has been named Sage Intacct’s overall Partner of the Year from 2014 through 2018.

CAPINCROUSE

CAPINCROUSE provides support in the key areas of financial integrity and security. For more than 45 years, CapinCrouse has been committed to empowering nonprofits with the information, insight, and support they need to accomplish their mission and change lives. This is more than a market niche for us; it is our primary focus and our mission.

Their  goal is to provide innovative service, unique to the needs of your organization. That includes a full range of nonprofit audit, tax, and consulting services and solutions. Through years of nonprofit experience, CapinCrouse is able to provide critical insight that helps anticipate problems, improve operations, and safeguard your organization’s reputation, its people, and its stakeholder interests.

Christian Community Credit Union

Looking for a financial partner who understands your needs and shares your values? Christian Community Credit Union shares your vision for ministry growth and expansion. Whether you need to remodel a worship center, purchase property or refi your loan, we offer afford- able loans and banking services. They  make banking simple, affordable, and God-honoring.

Their mission is to partner with members and ministries to help them become better stewards and achieve their financial goals.

CLA

CLA exists to create opportunities for clients, staff, and communities through industry-focused wealth advisory, outsourcing, audit, tax, and consulting services. With more than 6,200 people, 120 U.S. locations and a global affiliation, they promise to know you and help you.

They are dedicated to building an inclusive culture that thrives on different beliefs and perspectives. By welcoming and respecting clients and each other, everyone can all experience success.

Cornerstone Management

Cornerstone Management Inc. was founded over 25 years ago as a solution to the Christian non-profit community facing the challenges of the investment landscape. Today, Cornerstone serves over 75 Christian organizations across the country by providing investment consulting, planned gift administration, and planned gift consulting services.

Cornerstone’s turnkey solution for the management of planned gift programs allows clients to focus on their mission and vision while Cornerstone acts as a co-fiduciary of the assets God has entrusted to them. Cornerstone currently advises its clients on approximately $1.2 billion as of 6/30/2020 and serves in an advisory capacity on Endowment funds, Charitable Trusts, Gift Annuity Programs, Donor Advised Programs, and other split-interest gift pools.

ECCU

ECCU is a cooperative of Evangelical Christian individuals and organizations sharing our resources to grow and support ministry.

In addition to offering all the banking options you need (checking, savings, loans, credit cards, online and mobile banking, ATMs, etc.), they go one step further. They exist to help you fulfill your mission and ministry opportunities more effectively by improving your financial life and giving you the opportunity to align your finances with your faith.

It’s their privilege to serve members as they impact the Kingdom together through the resources God has entrusted to them.

ECFA

ECFA enhances trust in Christ-centered churches and ministries. by establishing and applying Seven Standards of Responsible StewardshipTM to accredited organizations.

Founded in 1979, ECFA provides accreditation to leading Christian nonprofit organizations that faithfully demonstrate compliance with established standards for financial accountability, transparency, fundraisiing, and board governance. Collectively, these organizations represent over $25 billion in annual revenue. ECFA accreditation entitles a ministry to use the ECFA seal and receive other Accreditation Benefits. The continuing use of the seal depends on the ministry’s good faith compliance with all of the ECFA Standards.

Gallagher

Gallagher specializes in serving the faith-based sector — and has been since its founding in 1927. Their Religious Practice focuses on what matters so much to you and your ministry — preserving the right of religious freedom as a cornerstone of your organization. In the brokerage world, they do not have a peer that encompasses the world footprint they have or the breadth of their services: Insurance Brokerage; Benefits and Human Resources Consulting; Claims Administration and Advocacy; ERM (Enterprise Risk Management); Investment Advisory and Fiduciary Services; Unemployment Insurance; Alternative Risk Financing and Underwriting; Risk Management; International Mission and Travel; and Retirement Plan Consulting.

They are a company that is recognized across the world for its ethics and has a Chief Ethics Officer, with a Divinity Degree, as a corporate director (Tom Tropp). Gallagher was named by The Ethisphere Institute as one of the World’s Most Ethical Companies,1 for the fifth consecutive year. This designation is awarded to companies that conduct business at the highest standards. Arthur J. Gallagher and Co. named one of the World’s Most Ethical Companies for 2016. Ethisphere Institute, March 2016.

Insurance One Agency

Insurance One is recognized as one of the leading independent agencies insuring the needs of churches, Christian schools and other faith-based ministries, they are uniquely qualified to help you. It is not about insurance, it’s about protecting your ministry. It’s not a saying, it’s just who we are. By our dedication to your needs, Insurance One provides coverage to over 20,000 policyholders with over $100 million in premium.

They have a Risk Management department that specializes in training and providing resources to better serve our clients. Building relationships is very important. As they partner with your organization they will provide you with the information and tools necessary to protect your assets while understanding the importance of both cost and coverage.

Martus Solutions, LLC

Martus provides smarter budgeting and reporting software that is ready to use within minutes after connecting to your accounting system. Immediately start entering budget numbers into pre-built budget worksheets with current year budgets and activity as a reference, analyze in-progress budgets as they are being built and create multi-scenario personnel budgets as well as multi-year forecasts.

Easily include your leadership team in the budgeting process without dealing with cumbersome spreadsheets. These same leaders can also monitor their budget to actual performance with flexible reporting that even allows them to drill down to the transaction level to answer their own questions. Automated updates from your accounting system ensures that reports are always up to date.

Salmon Sims Thomas CPAs

Salmon Sims Thomas is an accounting firm providing tax, audit and business advisory services to nonprofits, such as churches and ministries, health and welfare agencies, associations, and K-12 private schools. Their mission is to create success by serving others through trusted partnerships, and provide strategies and solutions that add value through trust and expertise.

Over the last 25 years, they’ve established a reputation and legacy of personal service, collaboration, and professional excellence. Their Client Accounting and Advisory Services team provides virtual, outsourced CFO, accounting and business advisory services.

Outsourced virtual accounting is a great way to increase efficiency without increasing costs. They can deliver services at a fraction of the cost of a conventional approach, which translates into a substantial return on investment for your ministry. If you need an audit, review, compilation, Form 990, or if you’re interested in outsourcing accounting, please allow them to provide a proposal.

 

We encourage you to visit the websites of those we have featured in today’s showcase.

These organizations stand ready to support you and your financial management needs!

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