Linking donations to accounting is one of the unique features of IconCMO. This is part 1 of a four part series. See part 2, part 3, part 4. Donors expect that churches will be faithful and responsible with their gifts. One aspect of the trust relationship is that churches need to make sure they use… ⪼ Continue Reading…
donations
IRS – Reporting a Change in Responsible Party
Does your church need to report a change in its “responsible party”? What is the “responsible party” anyway? Basically, the responsible party is the person in charge of, or in control of, the church’s finances. It’s the person held answerable for the church’s financial activity. The IRS requires a church to identify someone as the… ⪼ Continue Reading…
Noncash Donations: When Businesses Donate Pt. III
This is our third and final post dealing with how your church can responsibly handle noncash donations from other organizations. People often call such donations gifts in kind or in-kind donations. (See a definition here.) So far, in part 1 and part 2, we’ve only talked about donations of money. But what if instead of… ⪼ Continue Reading…
Training Videos – IconCMO Church Management System
Below you will see some recorded training videos that show users how to use the IconCMO Church Management Software Solution. IconCMO Membership Webinar Recording Part 1 http://youtu.be/WDLmKmt_ED4 Part 2 http://youtu.be/_BnEje3iKgA Part 3 http://youtu.be/49l2qoBb3oQ Part 4 http://youtu.be/EKIX_vHEzQM Part 5 http://youtu.be/vz3hCaAuWn0 IconCMO Donation Webinar Recording: Part 1 http://youtu.be/PyY_PdNZwAA Part 2 http://youtu.be/iW01XW5KwU4 Part 3 http://youtu.be/T92ap1vd9gA Part 4 http://youtu.be/NJLFJ3vQkGU… ⪼ Continue Reading…
When Organizations Donate to Your Church (part 2)
This is part 2 of a series regarding how churches respond when other organizations collect donations on their behalf. Last week, we looked at a scenario where people donate to a nonprofit, which in turn sends the total of those donations to the church for one of the church’s functions. Now let’s put a twist… ⪼ Continue Reading…
When Organizations Donate to Your Church
Donations to a church don’t necessarily always come from members, or even outside donors. They can also come from organizations – either nonprofit or for-profit. The organizations may be donating to the church directly from their own funds, or they may be collecting donations on behalf of the church. If the latter’s true, the original… ⪼ Continue Reading…