Willing Steward Ministries, LLC 703-203-6399.

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Presentation transcript:

Willing Steward Ministries, LLC

*My Experiences

*Clearly establish a biblically-sound stewardship focus for giving

*Care for the Pastor and Clergy based on the ability of the ministry.

*Choose the Right CFO & Finance Committee Sold-Out for God Committed to the Vision given to you for the ministry Able to communicate the bad news while understanding that God is in control.

*Planning is Key to Success; Cash Flows, Budgeting, Policies, etc Must plan for using our limited resources Puts the vision into achievable to-do’s Provides a guideline for when we are off track.

*Use Fund Accounting to manage your financial operation. Use of a General Fund to support the basic mission of the ministry for all and frees the ministry up to fund its vision. Relieves the desire to fundraise for specific needs. Fundraising is not biblical.

*Institute IRS-sound policies & procedures, incorporate, 501c(3), 1099’s, giving stmts… It’s easier…………….. It’s the law and we are to render unto Caesar what belongs to him but……..he only gets what he is due!

*Manage your Cash Flow tightly – Cash is a king and its rough in the kingdom without it! Review planned expenditures at least monthly Financial statements are historical, develop procedures that allow you to plan and monitor your available cash.

*Implement a ChMS (Church/Non-Profit Management System) QB is fine, but there are good products out there made specifically for churches and ministries. Cloud-based systems make life easier for volunteers. Integrated online giving, mobile giving, etc…….

Willing Steward Ministries, LLC