Ministry Matters

Why Your Ministry Might Be Overspending

A finding in the 2012-2013 Compensation Handbook for Church Staff indicated that more churches operated in the black in 2011 than in 2010. While that is encouraging, I was alarmed by the percentage of churches that still spend more than... [read more]

Category: Ministry Matters

Saving Cash Could Save Your Ministry

In a recent letter to his shareholders, Warren Buffet makes mention of wisdom he learned from his grandfather, Ernest. Buffet, who was listed again as the third richest individual in the world by Forbes... [read more]

Category: Ministry Matters

Nine Clever Ways to Thank Your Donors

I came across this great reminder of simple but important ways to thank and communicate to donors from Nonprofit Marketing Guide. I especially love this suggestion: “Write a Greeting Card, Not a... [read more]

Category: Ministry Matters

How to Budget in a Changing Economy

For years, budget planning followed the same pattern for many ministries: Review last year’s budget, gather all wish lists, and increase the budget accordingly. Then we were hit with the... [read more]

Category: Ministry Matters

Cash Reserves: How Much Is Enough?

Knowing how much liquid cash to keep on hand is difficult, but there are steps you can take to determine the appropriate liquidity for... [read more]

Category: Ministry Matters

The Upside of Unpredictable Revenue

Three ministries—each impacted differently by the economy. We asked them how changes in revenue have affected their financial management, and the impact those decisions have had on their ministry. Whether income increased, decreased, or remained stable, a... [read more]

Category: Ministry Matters