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Posted by: Charles P Myrick CPA Posted on: Aug 07 2018

Do Costly Repairs to Your Church Create a Fiscal Crisis?

Church leaders and their congregations know the importance of maintaining the structure that houses their ministry. They want to preserve the value of the building for future generations, protect their assets, and maintain the safe and efficient operations of the facility. Unfortunately, churches frequently find themselves addressing problems of deterioration and safety as they happen, often without the necessary funds.

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Posted by: Charles P Myrick CPA Posted on: Jul 03 2018

What Makes a Successful Annual Budget for Churches

Developing an annual budget is a challenge for any organization, but churches have special considerations to keep in mind. Because faith-based organizations exist primarily to support the faith of their members, tasks like preparing an annual budget can get lost in the shuffle of other responsibilities.

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Posted by: Charles P Myrick CPA Posted on: May 22 2018

The Challenge for Churches: A Consistent Cash Flow

As far as nonprofits go, a church is one of the most complex organizations for leadership. Church leaders have to balance the spiritual needs of their congregations with the programmatic needs of the communities their churches serve. Meeting these needs requires resources, both human and financial. When your church income relies on the weekly donations of your congregation, it can be a little tricky to ensure that you have consistent cash flow.

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