Creating Financially Sustainable Congregations

Download or read book Creating Financially Sustainable Congregations written by James L. Elrod and published by Church Publishing, Inc.. This book was released on 2021-06-17 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can growing churches develop a financial framework that will enhance their mission? The declining trends in religious belief and practice in twenty-first-century America are well documented, but they mask the vitality and growth experienced by many individual congregations. Unfortunately, leaders of these growing churches sometimes lack a firm grasp on what’s required for their church to maintain financial equilibrium. This is true for newly formed congregations as well as established churches. This book, which does not assume readers’ familiarity with principles of accounting or finance, will help facilitate constructive conversations between clergy and lay leaders on money matters. By describing in everyday language some of the practical issues that promote (or erode) financial sustainability, this book will remove the mystery and frustration faith communities often experience when discussing their financial challenges. What activities within the organization’s control promote long-term financial sustainability? The answers create a framework that is a prerequisite for meeting any church’s missional objectives over the long run.