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Best Practices of Churches  and Districts Presented by Mark R. Patrick, CPA District Treasurer North Florida District May 19, 2010
Who is the Local treasurer? ,[object Object],[object Object],[object Object],[object Object]
Local Treasurer’s Duties ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Who is the District Treasurer? ,[object Object],[object Object],[object Object],[object Object]
District Treasurer’s Duties ,[object Object],[object Object],[object Object],[object Object],[object Object]
What Is good governance  in a church? ,[object Object],[object Object],[object Object],[object Object]
What Is good governance  in a church? ,[object Object],[object Object],[object Object]
Definition of Internal Control ,[object Object],[object Object],[object Object],[object Object]
Definition of Internal Control ,[object Object]
Elements of Internal Control ,[object Object],[object Object],[object Object]
Elements of Internal Control ,[object Object],[object Object]
Components of Internal Control  ,[object Object],[object Object],[object Object]
Components of Internal Control  ,[object Object],[object Object],[object Object],[object Object]
Why does this concern us?  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Fraud Theory Triangle Opportunity Rationalization Perceived Need Ability/Agility We Should Assume Everyone Will Commit Fraud!
Does your Church have Internal Controls? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Tactics For Fraud Prevention ,[object Object],[object Object],[object Object],[object Object],[object Object]
Best Practices ,[object Object]
Church & Clergy Tax & Business Issues Presented by Mark R. Patrick, CPA District Treasurer North Florida District May 19, 2010
 
How do we handle payroll? ,[object Object],[object Object],[object Object],[object Object]
How do we handle payroll? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How do we handle payroll? ,[object Object],[object Object],[object Object],[object Object],[object Object]
How do we handle payroll? ,[object Object],[object Object],[object Object]
How do we handle payroll? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How do we handle payroll? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How do we handle payroll? ,[object Object],[object Object],[object Object],[object Object]
How do we handle payroll? ,[object Object],[object Object],[object Object],[object Object]
What about personally provided benefits? ,[object Object],[object Object]
Do you have UBTI  in your church? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Do you have UBTI in your church? ,[object Object],[object Object],[object Object],[object Object],[object Object]
What qualifies as a charitable contribution? ,[object Object],[object Object],[object Object],[object Object]
What qualifies as a charitable contribution? ,[object Object],[object Object]
Your Church & the Hire Act ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What about insurance? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What about insurance? ,[object Object],[object Object],[object Object],[object Object]
Church & Clergy Issues ,[object Object]
Funding the Mission in the Church of the Nazarene It’s a Whole New Game for 2010
The Old System ,[object Object],[object Object],[object Object],[object Object]
Why Was It Changed? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The New Plan ,[object Object],[object Object],[object Object],[object Object]
Effect on Budget Recipients ,[object Object],[object Object],[object Object],[object Object]
The New Plan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Transition Rules ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How The Math Works $  44.52  $  49.77  $  52.50  District Contribution 5.25% $  21.20  $  23.70  $  25.00  Education Contribution 2.50% $  16.96  $  18.96  $  20.00  Pensions & Benefits Contribution 2.00% $  100.00      Mission Specials Contribution $  51.98  $  51.98  $  55.00 WEF Contribution 5.50% $1,000.00 $ 1,000.00 $  1,000.00 YTD Church Income 100.00% What It Could Be What It Really Is What You Would Expect Factor Percentage
What If? Calculator
What If? Calculator
What If? Calculator
Local Church Reports ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Reporting & Paying Online ,[object Object],[object Object],[object Object],[object Object],[object Object]
Individual Giving Online ,[object Object],[object Object],[object Object],[object Object]
District Payments ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
District Website
District Website
Where do denominational budgets go? ,[object Object],[object Object],[object Object]
Where does district money go? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Where does district money go? ,[object Object],[object Object],[object Object],[object Object],[object Object]
The New Plan ,[object Object]
The New Plan ,[object Object]
More help or questions? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Best practice funding-the_mission

  • 1. Best Practices of Churches and Districts Presented by Mark R. Patrick, CPA District Treasurer North Florida District May 19, 2010
  • 2.
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  • 15. Fraud Theory Triangle Opportunity Rationalization Perceived Need Ability/Agility We Should Assume Everyone Will Commit Fraud!
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  • 19. Church & Clergy Tax & Business Issues Presented by Mark R. Patrick, CPA District Treasurer North Florida District May 19, 2010
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  • 38. Funding the Mission in the Church of the Nazarene It’s a Whole New Game for 2010
  • 39.
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  • 45. How The Math Works $ 44.52 $ 49.77 $ 52.50 District Contribution 5.25% $ 21.20 $ 23.70 $ 25.00 Education Contribution 2.50% $ 16.96 $ 18.96 $ 20.00 Pensions & Benefits Contribution 2.00% $ 100.00     Mission Specials Contribution $ 51.98 $ 51.98 $ 55.00 WEF Contribution 5.50% $1,000.00 $ 1,000.00 $ 1,000.00 YTD Church Income 100.00% What It Could Be What It Really Is What You Would Expect Factor Percentage
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Notas do Editor

  1. Rev. Rul. 2006-56