Building A Budget
In the absence of a giving goal
You may find it disorientating to project a church budget and a mission giving goal for your church. The Funding the Mission website includes an online calculator to help you project what your church’s giving goals may be if your church raises what you hope to raise in a fiscal year.In the absence of an exact giving goal: You may find it disorientating to project a church budget and a mission giving goal for your church. The Funding the Mission website includes an online calculator to help you project what your church’s giving goals may be if your church raises what you hope to raise in a fiscal year.
Auditing
Often overlooked in the responsibilities of the church board is maintaining the integrity of funds in the church. The Manual states the duties of the local church concerning annual audits:
139.23. … appoint an auditing committee or a committee of independent examiners, or such other qualified persons, that shall audit or examine, to at least the minimum standard required by national or state law if applicable, or other recognized professional standards, at least annually, the financial records of the treasurer of the church, the Nazarene Youth International (NYI), the Nazarene Discipleship International (NDI) Board, Nazarene childcare/schools (birth through secondary), and any other financial records of the church. The pastor shall have access to all records of the local
church.
An annual audit may be conducted internally or utilizing a professional auditing/accounting service. Information about conducting an internal audit can be found in Nazarene Benefits USA Memo #8 – the Annual Church Audit. https://www.nbusa.org/index.php/memos
The Funding the Mission tool allows the local church to record income, track progress toward allocation goals, and make itemized online contributions. Not signed up yet? Contact your district office or email stewardship@nazarene.org.