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New Financial Statement Model By Fran Brown
The New Financial Statement Model and What Nonprofits Need to Know About FASB ASU 2016-14 The nonprofit financial statement model changes are finally here. FASB Accounting Standards Update (ASU) 2016-14 is the most significant update to nonprofit financial reporting standards in 25 years, and it is in effect for fiscal years beginning after December 15,…
Christian Leadership Alliance Member Spotlight: Christian Community Credit Union
Christian Leadership Alliance Founder’s Council Member: Christian Community Credit Union At Christian Community Credit Union (CCCU), partnering with members and ministries to help them become better stewards and achieve their financial goals is their mission. Focus CCCU focus’s on people not profits. They help build God’s Kingdom by partnering with individuals and ministries to help…
Christian Leadership Alliance Member Spotlight: BMWL
Christian Leadership Alliance Founder’s Council Member: Batts Morrison Wales & Lee (BMWL) Batts Morrison Wales & Lee is a national CPA firm exclusively serving Christian ministries and other nonprofit organizations and their affiliates across the United States.Offering unparalleled audit and assurance, tax, and strategic advisory services. BMWL helps nonprofit organizations maintain strong donor trust and…
Christian Leadership Alliance Member Spotlight: CapinCrouse
Christian Leadership Alliance Founder’s Council Member: CapinCrouse CapinCrouse, knows you need more than services — you need insight and real-world solutions that fit your organization. Nonprofit organizations are under ever-increasing pressure, from increased public scrutiny and competition for resources to ever-changing regulatory, legal, and financial accounting requirements. To accomplish your mission of changing lives, it’s…
Christian Leadership Alliance Member Spotlight: ENVOY FINANCIAL
Christian Leadership Alliance Founder’s Council Member: ENVOY FINANCIAL For almost three decades, Envoy Financial has specialized in the unique retirement needs of churches, missionaries, and other faith-based organizations. Envoy offers cost-effective plans for both individuals and organizations so no one in ministry is unprepared for their future. Envoy’s open architecture platform allows access to over…
Got Budget? By Dr. Gary Hoag
Do you live on a budget? Most budgets include four (or five) basic categories, namely, money for giving, spending, saving, paying taxes, and (if necessary) debt repayment. Statistics show that only about one-third of American households live on a budget (Gallup 2013). Not living on a budget can contribute to further challenges, such as making…
The Double Bottom Line By Mark L. Vincent
There is more to the story when you focus on your double bottom line. So many nonprofits forget to use the presentation of their financials as a means to inspire and highlight the double bottom line. They opt, instead, to merely report. This is especially true of association systems—organizations that have chapters, affiliates, congregations, franchises,…
Christian Leadership Alliance Member Spotlight: ECFA
Christian Leadership Alliance Founder’s Council Member: Evangelical Council for Financial Accountability (ECFA) ECFA enhances trust in Christ-centered churches and ministries by establishing and applying Seven Standards of Responsible Stewardship™ to accredited organizations. Dr. Johnathan Kraus at Love Never Fails International shared, “Our dream was to bear the ECFA seal to demonstrate to donors that we are…
Charitable Giving By Dr. Gary Hoag
Charitable Giving at Year-End Since the signing of the War Revenue Act of 1917 – exactly 100 years ago – Americans have used the provision in the income tax code known as the charitable gift deduction to maximize their contributions as a portion of income. This provision leads many people, especially those in higher tax…
What Fuels Charitable Intermediaries? By Tony DiFranco
Corporate Citizenship Fuels Charitable Intermediaries Over the past decade, there has been an enormous increase in the number of companies engaged in charitable-giving initiatives as they strive for a reputation of an organization that gives back to its communities. Many credit the rise in corporate citizenship to the millennial generation. Corporate donations translate into goodwill,…
What is Christian Leadership Alliance?
Christian Leadership Alliance equips and unites leaders to transform the world for Christ. We are the leaders of Christ-centered organizations who are dedicated to faithful stewardship for greater kingdom impact.
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