Church Management + Budgeting
Foursquare Resources
— How to Fill out the Monthly Foursquare Missional Report in the HUB
This link explains how to fill out the Foursquare Monthly Church Report (FMCR) Missional Report. This link includes detailed instructions, a video and a blank template.
— How to Fill out the Monthly Foursquare Financial Report in the HUB
This link explains how to fill out the Foursquare Monthly Church Report (FMCR) Financial Report. This link includes detailed instructions, a video and a blank template.
— Compensation and HR Practices – Video Series
This 4-part video series walks through compensation and HR best practices, including Taxes, employing independent contractors, housing allowance, and the Fair Labor Act.
— Church Administration for Pastoral Leaders – Video Series
This 4-part video series walks through all the major components of church administration that church leaders navigate.
— Gifts to Employees, Independent Contractors, and Volunteers
Guides for IRS regulations on gifts to employees, independent contractors and volunteers
— 1099 Info for Staff + Contractors - Video
This video describes the difference between Employees and Independent Contractors (first 10 minutes.)
— Recommended Budget Metrics for Foursquare Church (undesignated giving)
“Foursquare recommends that churches use the below metrics in building their budgets, based on their expected undesignated giving. In particular, fixed expenses should not exceed 75% of their budget.”
Recommended Church Finance Firms
Ensuring that your payroll and bookkeeping are done correctly protects you and your church. We highly recommend that you have a skilled, knowledgeable bookkeeper handle your finances. In addition, this should be someone not related to the Lead Pastor of the church. Below are some recommended firms that offer a variety of payroll and bookkeeping services. (Updated Sept 2022)
— Payroll + Bookkeeping
Wisdom Over Wealth: WEBSITE
Simplify Church: INFO + WEBSITE
— Payroll Only
Ministry Works: WEBSITE
— Bookkeeping Only
Other Resources
— Securing Alternative Insurance Outside of Foursquare Insurance