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Why Every Church Should Show a Year-End Financial Report

By Filings on Thu, 12/09/21
Church & Ministry
Church Finance
Year in Review
Ministry Leadership
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“A year-end report is a celebration of impact that answers the question, ‘How did God allow us to participate with Him in the past year?’ Who wouldn’t want to communicate that with their church?” - Lifeway

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Discussion

Profile picture for user Craig Toliver
Craig Toliver

New3 reports

Thu, 12/09/21
  • Balance sheet
  • Income and expense
  • Expense to budget

Quarterly

Ask for it

I heard the Seattle guy was paid $ 650K per year

https://jubileecast.com/articles/12088/20141124/mark-driscolls-salary-f…

egregious!!

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Profile picture for user Rob Fall
Rob Fall

NewHSBC hands out

Fri, 12/10/21

an accounting of funds each quarter and an annual report at the annual meeting. It helps that over the years we may not have had any plumbers in the membership but we’ve had two or three CPAs.

Hoping to shed more light than heat..

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Profile picture for user dcbii
dcbii

NewRob Fall wrote:

Mon, 12/13/21

[Rob Fall]

[HSBC hands out] an accounting of funds each quarter and an annual report at the annual meeting.

That sounds very similar to what we do at my current church and previous churches I have attended. If a church is committed to a congregational form of church government, I would expect that to be the norm.

Dave Barnhart

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Related . . .

Topics: Church Finance
  • Surge in the Number of Religious Facilities Unable to Pay Their Mortgages
  • Lifeway Survey: Pastors Report the Economy’s Continued Negative Impact on Churches
  • Most Churches’ Fiscal Years Begin in January, More Variety in Who Makes the Budget
  • Churches provide fertile ground for scammers and con artists
  • Online giving sees slower growth than online worship

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There is one who speaks rashly like the thrusts of a sword,
But the tongue of the wise brings healing.

(NASB, Proverbs 12:18)

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