CapinCrouse Financial Seminar for Churches, Littleton, CO
Today’s changing world brings increased risks to churches in the areas of finance, tax, legal, and operations. Responding well to change begins with a fuller understanding of these risks. CapinCrouse LLP and Evangelical Christian Credit Union (ECCU) are pleased to offer this seminar to help you better steward the resources and people entrusted to your care.
Come learn from experts like Tim Sims, partner with CapinCrouse LLP, and David Lee, ministry development officer for ECCU.
8:30 a.m.— 2:30 p.m.
6399 South Santa Fe Drive
Littleton, CO 80120
- Become aware of the latest tax changes and regulatory developments that impact tax exempt organizations and churches, including how to identify potential unrelated business activities
- Understand areas of your ministry that may be susceptible to fraud and how to prevent, identify, and respond to fraud if it does occur
- Learn the differences between financial audits, compilations, reviews, and consulting engagements and how to make your ministry’s next financial audit go more quickly and smoothly
- Increase your knowledge of how to use ratios, benchmarking, and dashboard reports to better monitor and measure your ministry’s financial health
- Learn how the Affordable Care Act applies to churches
Who should attend:
- Administrative and executive pastors
- Business administrators
- Chief financial officers
- Finance managers
- Finance committee members
Cost: Each seminar is $59; lunch and materials are included.
This program allows you to earn up to 5 CPE credits1 and 0.5 NACBA CEUs2.
1 CapinCrouse LLP is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
2 CapinCrouse LLP is a National Registered Continuing Education Provider (NRCEP) with the National Association of Church Business Administration (NACBA). This program is a premier comprehensive continuing education program related to administration in the local church. It is designed to enhance the ongoing professional development of NACBA members and other ministry professionals, through the offering of quality learning experiences. 0.1 Continuing Education Units (CEUs) will be granted to persons who properly register and attend one contact hour of a minimum of 50 minutes of lecture, presentation, or discussion on approved topics.
October 2, 2012
|8:30 — 9:00 am||
Registration and Networking
|9:00 — 9:15 am||
|9:15 — 10:05 am||
“Churches and the 2012 Election”
|10:05 — 10:15 am||
|10:15 — 11:05 am||
“Tax Exempt Doesn’t Mean No Tax Impact”
|11:05 — 11:55 am||
“It Happened to Us, Can It Happen to You?”
|11:55 — 12:40 pm||
|12:40 — 1:30 pm||
“Root Canal or Financial Audit—Which Is Less Painful?”
|1:30 — 2:20 pm||
“Is Your Church Financially Healthy?”
|2:20 — 2:30 pm||
"Churches and the 2012 Election"
Presented by: Hugh Jones (Law As Ministry)
Churches face a wide range of risks. Some are obvious and some are less apparent. Hear from a nonprofit legal expert about current legal issues that are costing congregations time and money and merit careful consideration. [CPE: 1.0 (Tax)]
"Tax Exempt Doesn’t Mean No Tax Impact"
Presented by: Adam Smith (CapinCrouse LLP)
While churches are tax exempt organizations by law, many tax issues impact local congregations. Our tax expert will discuss up-to-date tax changes and developments that may impact your church, including the specific areas of unrelated business income, independent contractors versus employees, ministerial compensation, and other common tax concerns. [CPE:1.0 (Tax)]
"It Happened to Us, Can It Happen to You?"
Presented by: Vonna Laue (CapinCrouse LLP)
We often believe that fraud cannot happen in our church. During this session, we will hear from an individual whose church was the victim of fraud—what they learned and what they wish they had known before. [CPE: 1.0 (Fraud)]
"Root Canal or Financial Audit—Which Is Less Painful?"
Presented by: Tim Sims (CapinCrouse LLP)
The words “financial audit” strike fear in the hearts of many in church business offices. They invoke thoughts like “It takes too long” or “It’s hard to prepare for” or “It costs too much, and the auditors just want to find something wrong.” In this session a panel of church leaders and auditors will discuss how to make this process simpler and more effective. [CPE 1.0 (Accounting)].
"Is Your Church Financially Healthy?"
This session will be co-presented with David Lee, ministry development officer with ECCU, and will discuss ratios, benchmarking, and dashboard reports. It will also explore the benefits of using the Church Financial Health Index™ as a tool for your leadership to make better decisions. [CPE 1.0 (Specialized Knowledge)]
Law As Ministry
Hugh founded Law As Ministry in 2012 and serves as its executive director. He provides legal advice directly to religious organizations and coordinates the work of Law As Ministry’s volunteer attorneys.
Hugh advises religious organizations of all types and sizes, including mission agencies, relief and development organizations, publishers, denominations, and churches. He spent four years working in the religious organizations practice group at Holme, Roberts & Owen (and later Bryan Cave) in Colorado Springs.
A graduate of the University of Michigan Law School, Hugh is a member of Christian Legal Society and the American and Colorado Bar Associations, an allied attorney with Alliance Defense Fund, and a child advocate with Compassion International.
Hugh and his wife Rachel have three daughters.
Adam joined CapinCrouse in June 2007, initially working on both the audit and tax teams before transitioning exclusively to nonprofit tax work. He serves a variety of clients consulting on various tax issues including: Unrelated business income, foreign activities, minister’s taxation, and missionary taxation.
For the past three years, Adam has been helping many organizations comply with the new requirements of the revised IRS Form 990 as well as identifying unrelated business income and filing the appropriate federal and state forms.
He obtained his B.A. from Western State College and is a member of the American Institute of Certified Public Accountants.
Vonna is responsible for audit and accounting services rendered to our clients. Her activities include review of audit procedures and processes, interaction with client personnel and the audit team, and involvement in complicated audit areas. She works closely with the audit team and keeps management informed of the progress of their work. She is also available throughout the year to answer questions, assist with special projects, and address the ever-changing needs that face the not-for-profit entity.
Vonna earned her bachelor’s degree from Black Hills State University and her master’s degree in leadership and human resource management from the University of Colorado.
She has served local organizations in a variety of positions and has published articles in national church business administration publications as well as co-authored the book Essential Guide to Church Finances. In 2010, Vonna was inducted into the Church Management Hall of Fame by the National Association of Church Business Administration (NACBA). Her speaking experience includes annual church seminars as well as various regional and national conferences.
Vonna is a member of the American Institute of Certified Public Accountants, Society for Human Resource Management, and NACBA.
With more than 19 years of public accounting experience, Tim has spent much of his career serving not-for-profit clients, including associations, foundations, church denominations, international mission organizations, colleges, and universities. He also has extensive for-profit experience working with construction, real estate, manufacturing, and technology clients and has provided services to many clients with respect to their employee benefit plans.
Prior to joining CapinCrouse, Tim served 12 years with Grant Thornton, including a two-year placement in Cape Town, South Africa, and for 5 years with BKD, LLP in Colorado Springs.
Tim’s concentration on not-for-profit organizations includes conducting seminars on best practices under the Sarbanes-Oxley Act, fraud and ethics, and specific accounting pronouncements.
Tim holds a B.S. degree in accounting from John Brown University. He is currently serving on the board of the Christian Leadership Alliance chapter in Colorado Springs and has served as treasurer or a board member on several not-for-profit organizations in Colorado Springs.
Tim is a member of the American Institute of Certified Public Accountants and the Colorado Society of CPAs.
Dan joined CapinCrouse LLP in July 2008. He has more than 18 years of professional experience, including audit experience with an international public accounting firm. His recent experience includes eight years of senior financial leadership in the commercial construction industry. During this time, he served as controller and chief financial officer while gaining significant experience with internal and external financial reporting, cost accounting, budgeting, cash management, system implementation, and process improvement.
Dan earned B.S. degrees from Florida State University and University of Central Florida and an M.B.A. from the University of Florida. In addition to being a Certified Public Accountant, he is a Certified Management Accountant and a Certified Financial Manager.
Ministry Development Officer
David is a ministry development officer for ECCU’s Colorado regional office. He has been serving ministries at ECCU for the last 20 years in various development and management positions.
David is also on the pastoral staff of a Denver-area church and has pastored for over 21 years. He has served as president of the Colorado Springs chapter of the Christian Leadership Alliance and is completing his third term on their board.
He earned his bachelor’s degree in finance from California State University Fullerton and his master’s degree in Christian education from Talbot School of Theology. As a Certified Treasury Professional®, David is committed to equipping ministries to be better informed and helping them to be more effective at reaching their communities with the gospel.
6399 South Santa Fe Drive
Littleton, CO 80120