If your church carries a mortgage, chances are your church is like many homeowners in Southern California, house rich and cash poor. That means your church has more equity locked into the value of your property and facility than it has in liquid assets. This disparity brings … [Read more...] about How Much Should the Church Budget Dedicate to Facilities?
Who Should Create a Church Budget
The church budget should not be a mystery to the board (yes, all non-profit organizations need a board of directors), the staff, the ministry leaders, or even the congregation. But who gets to spend hours and hours of intensive labor to produce the final product? Is it just one … [Read more...] about Who Should Create a Church Budget
What are Sinking Funds and Why Your Church Needs Them
Think about this for a moment. The average life of a membrane roof is 20-25 years, the average life of a commercial HVAC unit is about 15 years, and a sound system can last anywhere from 15 to 25 years. If you want, you can Google carpet, paint, and even … [Read more...] about What are Sinking Funds and Why Your Church Needs Them
Creating A Church Budget Target
As someone who loves to play golf and help others, landing the position of Help Desk Supervisor for industry leader Callaway Golf was a dream come true. I could help people with their technical issues and hit golf balls at lunch. For over eleven years, I spent my lunch hitting … [Read more...] about Creating A Church Budget Target
How Much Should a Church Keep in Reserves
If I heard it once, I heard it a million times, save something for a rainy day. This idiom dates back as far as the 1500s. How did someone back in the 1500s know that flat roofs, which are so common on industrial buildings in California, leak? This story sounds personal because … [Read more...] about How Much Should a Church Keep in Reserves
