Posts Tagged ‘Financial Management’
Money Talk by Peter J. Mahler
Let’s Talk About Money and Weathering the Storm! Money has become a key topic of conversation for Christians across the country. Because the coronavirus (COVID-19) has forced many businesses to close their doors, millions of Americans are unemployed. As a result, many churches and other Christian organizations may face potentially catastrophic reductions in income, even…
Read MoreImportant Accounting and Auditing Updates By Junice Jones and Frank Jakosz
Important Accounting and Auditing Updates for Nonprofits Several accounting and auditing standards updates go into effect in 2020 and 2021. Nonprofits need to understand these changes and plan for effective implementation. Below is an overview of three of the key changes and how they may affect your organization. We’ll discuss these and other updates in…
Read MoreThe Importance of Financial Management By Vonna Laue
Financial Management Matters! For our programs and ministries to be successful, we need to realize financial management matters. It is nearly impossible to accomplish the mission of your organization without cash and that is why financial management matters. Sometimes we are so focused on the specific program activities and outcomes that we neglect the infrastructure…
Read MoreChristian 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…
Read MoreAttention to Value By Mark L. Vincent
A Steward Leader Pays Attention to Value By Mark L. Vincent, PhD CCNL~ When you hear the phrase “maximize financial value” what does it mean to you? Making more profit? (Which feels problematic for many nonprofit and ministry leaders.) Squeezing maximum benefit of each dollar by reducing costs, and thus preserving a bank balance? (Something…
Read More4 Ways to Gracefully Let Someone Go by Jeremy Kingsley
By Jeremy Kingsley I hate firing people. My heart always wonders if I could have done more to make it work, or if I should have given them another chance. But I know that I cannot be a good steward and continue to employ people who don’t meet the organization’s standards or reflect its values.”…
Read MoreShould Christians Save for Retirement?
by Gary G. Hoag, Ph.D. This is one of those “elephant in the room” questions. Before I try to tackle it in a blog post I want to share three statements that reveal the basis for my thinking: I will approach this question from a biblical perspective. Should you grapple with my comments, please search…
Read MoreGenerosity: The Road Less Traveled
Rich Haynie From the beginning of this nation, charitable giving has hovered around the 2-3% average of personal income. All the transactional and cultural techniques have not significantly increased our generosity for 200+ years. We need a revolution . . .a transformation for increased generosity! Surveys validate that an understanding of the truth “God owns…
Read MoreTurbo-Powered Finance
By Mark Tjernagel “Wow! I am not used to that kind of acceleration and power … ,” I muttered to myself in my empty rental car on a recent business trip. My “sports car” rental provided a much different driving experience than my four-cylinder economy car back home. Normally, when I step on the gas…
Read More3 Principles of Truth and Trust By Dan Busby
Trust is difficult to earn, easy to lose, and even more difficult to regain. It has been said, “Trust leaves on horseback and returns on foot.” If true, it is no wonder it feels like the Kentucky Derby, Belmont Stakes, and Preakness Stakes have all three been running 24/7 in some high circles in the…
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