Money

Televangelist Ernest Angley reportedly cannot pay to fix grounded ministry jet

"...the jet will likely not be back in operation because it needs a part necessary for landing that would cost Grace Cathedral six-figures, which the ministry does not have. Pilots also refer to the Pinal Airpark as a 'boneyard' because many of the aircraft that are stored there are eventually used for parts and scrapped." - Christian Post

689 reads

When You Want to Stay at Home with Kids But Can’t

"Because you would rather stay home with your children—which is a great desire—your work outside of the home may feel more like a 'have to' than a 'want to' or a 'get to.' And that sort of situation can be the breeding ground for contempt and bitterness...So, what can you do about it? I think you have two options. With God’s help, you could either change your situation or change your heart." - TGC

248 reads

Pastors face questions after selling church property and buying million dollar lakefront home

"A husband and wife team of pastors from Eden Prairie, Minnesota, are now facing tough questions after selling their longtime church to developers then splurging on a million dollar luxury lakefront home while telling their members that God now wants them to worship in 'micro churches' held in their homes." - Christian Post

689 reads

Missionaries who argued paying taxes is ‘against God’s will’ ordered to pay $1.6M

"A 'brother' and sister pair of Australian missionaries, who argued that it is 'against God’s will' to pay taxes to their government, were ordered by a court to pay more than $1.6 million they owed after they failed to convince the Supreme Court of Tasmania." - Christian Post 

241 reads

The Church Treasurer: Reporting, Credit Cards, and Other Tips

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My wife was in pre-op for delicate tear duct surgery this past Monday. Two surgeons were involved: an otorhinolaryngologist and an ophthalmologist. The younger of the two, the ENT doctor marked Kathee’s left eye – it’s this one. In walked the older of the two1 who announced, “I’m not a surgeon, but I did sleep in a Holiday Inn Express last night.”2 Well, he really is a surgeon and I’m not an accountant and I haven’t slept in Holiday Inn Express in years! But I am resolved to follow GAAP3 and EFCA standards on financial reporting:

ECFA Standard 3 - Financial Oversight:

Every organization shall prepare complete and accurate financial statements. …

The financial statements (and the disclosure of the financial statements) are key components of transparency, both within the ministry and to donors and the public. This flows directly from biblical principles: “This is the verdict: Light has come into the world, but men loved darkness instead of light because their deeds were evil. Everyone who does evil hates the light, and will not come into the light for fear that his deeds will be exposed” (John 3:19–20 NIV).

1021 reads

Your housing allowance is safe for the forseeable future

"The group that brought the federal lawsuit against the cash version of the clergy housing allowance has decided not to appeal the unanimous Federal Appeals Court ruling that upheld the thing. They have a clever title to this news: Appeals Court Blesses Housing Allowance." - SBC Voices

233 reads

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