Keeping Your Church’s Deposits Safe in a Jittery Bank Environment
Silicon Valley Bank’s failure shows we never really know whether a bank is truly safe and sound.
Finances
On-Demand Webinar
Church and Nonprofit Ministry Finance: Planning for the New Normal
Discussing how the pandemic has challenged church and nonprofit ministry finance, finding the new normals, and more.
What the New Coronavirus Stimulus Package Means for Churches
The Coronavirus Stimulus Package creates an extension of the Paycheck Protection Program with different eligibility requirements.
Advantage Member Exclusive
Rethinking Your Church’s Budgeting Process for 2021
On-Demand Webinar: Guidance on how church leaders can adjust their current budgeting processes to adapt to changes caused by the pandemic.
On-Demand Webinar
Keeping Internal Controls In Check During a Pandemic
Guidance on how to adjust and maintain strong internal controls.
Will Your Church’s “Good Faith Certification” for a Paycheck Protection Loan Come into Question?
For loans under $2 million, the SBA will assume the borrower determined in “good faith” that it met the PPP loan requirement.
New Stimulus Funding Replenishes Paycheck Protection Program
Churches still in need of a forgivable loan should immediately restart their efforts.
Q&A: How Should Churches Handle the Bookkeeping for Paycheck Protection Loans?
Also, do you recommend a separate bank account for these loans?
Paycheck Protection Program FAQ
Answers to 30 frequently asked questions from church leaders.
Church Loan Modifications in a Crisis
Restructuring your church’s debt when full payment, or any payment, becomes difficult.
Recommended Reading
Online Giving: How to Start or Strengthen It
Editor's picks of articles and information to help you keep offerings coming in.
SBA: Religious Liberty Protections Will be Provided with Loan Program
SBA says religious liberty protections will be maintained with loan program for small employers affected by pandemic.
How Churches Can Apply for the Paycheck Protection Program
What leaders should know—including a change extending the application deadline to August 8, 2020.
With Interest Rates Up, Should Churches Borrow to Build?
Some considerations regarding debt to fund expansion or new construction.
The Role of Your Church Board in Providing Financial Oversight
Consider the value of strong finance and audit subcommittees with specific responsibilities.
Know Your Audience: Tips for Church Financial Reporting
Church financial reporting is a crucial part of church governance. That's why it's wise to remember your audience.
Reduce Your Church’s Expenses
How to strengthen your bottom line and eliminate activities that miss your mission.
Q&A: Business Acumen Matters to Church Lenders
For a mortgage loan application, don’t assume a consultant is best.
Responding to Financial Crisis
One crisis management consultant offers tips for churches to avoid bankruptcy.
Q&A: Credit Card Fees for Donations
How does a church account for fees charged on donations?