Members - Finance info to Church 5004-01 ZZchu

                                                       - - - Rejoice in the Lord always, again I say Rejoice !!!! - - -  

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                              TO: Interested Churches                                                                                                                           FROM: Jim Bramer, Retired CPA-Auditor
                                                                                                                                                                                                        FILE: 5004-01/chu

                              RE: Church Finance Info to its Members                                                                                              Originated:  January 1988                                         

     ->    It is important for the Church family to have an overview of its Finances.

     ->    Church Bulletin - show whole dollars; reflect weekly giving need per budget and amount of actual per last week on a weekly basis and fiscal year to date basis - per examples below:;

                       1>   Weekly General Fund Needs             5,500
                       2>   Actual amount received last week      4,600
                       3>    Operations/Budget to date:  +  1,398 ( if the YTD General Fund is operating in the black) or  -  788  (if the YTD General Fund is operating in the red) July 1, through last Sunday or xx/xx/xx.  Below is a example of what one Church includes in their weekly bulletin:

                           General Fund Budget:
    Last Week's Giving to the General Fund     $21,948  (1)YTD Giving    $538,694
    Weekly Need                                           $29,898      YTD Need     $538,164

    Weekly Giving to the Building Fund  (1)      $  8,967       To date        $399,572

       (YTD = Fiscal Year to Date)
       (1) Or some other high profile Church project

    ->     Clearly show status at periodic membership meetings.  If Missions is funded from special offerings, show separate budget vs actual, at least monthly. Go to   5012   for a link to a sample "Big Pix" report that could be used for this purpose. Some Boards allow a member to see during the year the latest "Big Pix" upon request.   Click Here for samples of other reports.

    ->     Annual Reports - make good use of Pie Charts and Bar Graphs to visually portray financial status and flow during the period.  

 Please Click here for list of Church resources here on www.bcidot.org.   This publication originated in January 1988 and was   UPTD:  April 28, 2008

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        (1) An Online Document, or WRIT (Writing), may be applicable to all Ministries, or it may be designed for just groups like: Evangelical Church, School, Missionary Agency or Organization, Christian Camp / Conference, or other named group.
       (2) WRIT formats include the perspective of   Jim@bcidot.org   via IOMs (Inter-Office Memos) to the Ministry Finance Team (MFTeam); THRDs, a hypothetical Online conversation with members of the MFTeam; GLEANINGS, or Scripture within context of the MFTeam; FWIW; A periodic editorial (For What it is Worth); TRUISM, or believed Ministry Finance principles; and FAQ, response to Frequently Asked Questions;