Tuesday, May 14, 2019
Hey Fletch … Our finances have trended downward and we borrowed $20,000 from the unused balances of restricted funds. This caused some controversy on the church board. What is your counsel?
DRF—I have […]
Tuesday, May 7, 2019
Hey Fletch … Do you have benchmark data that documents total compensation as a percent of total revenue (restricted and unrestricted), not just of the operating budget? I know over the years […]
Church board members are eager to fulfill their fiduciary responsibility and watch over the long-term economic health of the church. However, most are not used to reading nonprofit financial statements. This can make it challenging […]