Money and Ministry:
7 Financial Mistakes You Don’t Want to Make
A Joint-Learning Experience with CapinCrouse and Horizons Stewardship
Fully Resource Your Ministry
Many leaders are making expensive financial mistakes that limit their impact. Avoid the seven most problematic areas within your financial operations and discover a blueprint to fully resource your ministry and maximize effectiveness.
Learning Objectives:
- Identify and overcome the most common ways money can limit your ministry.
- Build a flexible framework to inform strategic conversations and future financial decisions.
- Learn how to engage non-financial leaders in meaningful financial conversations.
- Discover how to grow more disciples and fund more ministry.
Topics Include:
- The 7 Most Common Financial Mistakes
- Debt, Financing, and Lending Readiness
- Analytics, Data, and Sustainable Funding
- Budgeting, Annual Giving, and Financial Management
- Fraud, Internal Controls, and Donor Trust
- Stewardship, Planning, and Emerging Funding Models
- Financial Operations, Finance Committees, and Generosity Teams
Money and Ministry: The 7 Most Common Financial Mistakes
Many leaders are making expensive financial mistakes that limit their impact. Avoid the seven most problematic areas within your financial operations and discover a blueprint to fully resource your ministry and maximize effectiveness.
Topics Include:
- Not Optimizing Your Financial Operations Team
- Assuming Your Current Financial Systems Can Support Your Growth
- Not Accounting for New Expenses in a Hybrid Ministry Model
- Managing Budgets Like Nothing Has Changed
- Not Reviewing Current Commitments or Adequately Preparing For New Lending Opportunities
- Ignoring Vulnerabilities That Lead to Fraud
- Not Understanding Your Giving Data and Risks
Panelists:
Joe Park, CEO, Horizons Stewardship
Ken Tan, Partner, CapinCrouse
Stan Reiff, Partner and Consulting Practice Leader, CapinCrouse
Money and Ministry: Debt, Financing, and Lending Readiness
Now is a great time to evaluate your balance sheet, debt commitments, and how you can benefit from eliminating or reducing your debt commitments. But you’ll need to do some work in advance of your lending opportunity to ensure the most favorable rates for refinancing or new lending opportunities. Discover what you need to know to successfully lower your debt and fund more ministry.
Topics Include:
- Secure the capitalization you need when you need it
- Reduce interest on current debt commitments
- Ensure you get the most favorable rates
Panelists:
Joe Park, CEO, Horizons Stewardship
Dave Gunter, Partner and CFO, CapinCrouse
Stan Reiff, Partner and Consulting Practice Leader, CapinCrouse
Money and Ministry: Analytics, Data, and Sustainable Funding
Discover the freedom and confidence of knowing the current condition of your financial position and donor giving behavior. When you know what changes are taking place at the moment they are happening, you have the opportunity to prepare, pivot, and prosper.
Topics Include:
- Learn what to measure, when, and how
- Identify troublesome leading indicators before they become problematic
- Resolve risk in your current ministry funding model
Panelists:
Joe Park, CEO, Horizons Stewardship
Dave Gunter, Partner and CFO, CapinCrouse
Stan Reiff, Partner and Consulting Practice Leader, CapinCrouse
Money and Ministry: Budgeting, Annual Giving, and Financial Management
Persistent changes in ministry, giving, engagement, and membership require a different, more flexible approach to budgeting. Discover a better approach to budgeting and annual giving that will enable you to increase your ability to make more disciples and do more ministry.
Topics Include:
- The benefits of a clear 12-month ministry funding plan
- The role of 90-day budget conversations
- What has changed and what hasn’t
Panelists:
Joe Park, CEO, Horizons Stewardship
Ken Tan, Partner, CapinCrouse
Stan Reiff, Partner and Consulting Practice Leader, CapinCrouse
Money and Ministry: Fraud, Internal Controls, and Donor Trust
Fraud is far more rampant than most realize within ministry organizations. Without strong internal controls, it is a clear and present danger. Donor trust and giving commitments are also at risk. Your leadership around this area will set the culture of financial integrity at all levels.
Topics Include:
- Who is responsible for taking action?
- Where are you most vulnerable and how should you tighten internal controls?
- What do you need to do next if you suspect fraud?
Panelists:
Joe Park, CEO, Horizons Stewardship
Ken Tan, Partner, CapinCrouse
Dave Gunter, Partner, CapinCrouse
Money and Ministry: Stewardship, Planning, and Emerging Funding Models
Efficiently managing practices and programs that are no longer relevant is not good stewardship. You need to build alignment across your ministry around impact potential and possibilities. Tap into your ministry advantage when you bring financial leadership to the ministry strategy table.
Topics Include:
- Reduce the friction to launch new ministries and reach your community
- Build alignment across staff, volunteers, and financial leaders
- Why you need to create progress indicators and measure impact
Panelists:
Joe Park, CEO, Horizons Stewardship
Ken Tan, Partner, CapinCrouse
Stan Reiff, Partner and Consulting Practice Leader, CapinCrouse
Money and Ministry: Financial Operations, Finance Committees, and Generosity Teams
Managing your church as if nothing has changed is not helpful. You need a financial operations team now more than ever. And that includes staff leadership, finance committees, and generosity teams. Learn how to coordinate efforts and accelerate change, confidence, and clarity around the present and the future.
Topics Include:
- Use your annual funding strategy to coordinate financial leadership
- Invest in your financial operations team and their success
- Balance what you have today with what you need tomorrow
Panelists:
Joe Park, CEO, Horizons Stewardship
Dave Gunter, Partner and CFO, CapinCrouse
Stan Reiff, Partner and Consulting Practice Leader, CapinCrouse
