The No Stress Guide to Prepping for Your Next Elder Board Meeting

Preparing for regular meetings with Elders, Board or the Leadership Team can be overwhelming, but it doesn't have to be!

Not sure what your board wants to know? 

Here are some examples of the key metrics we think are most important to relay. 

Key Metrics 

• Annual Budget (This gives context of what the entire year looks like)
• Income Budget vs Actual (YTD)
• Expense Budget vs Actual (YTD)
• Operating Net Income (Net income of just the church)
• Net Cash Increase for the Month (Found on Statement of Cash Flow for last month )
• Net Cash Increase for the Year (Found on statement of cash flow YTD)
• Bank Balance(s) - Will help give concrete data on the financial position of the physical funds (Found on the balance sheet)

We make sure to get this information to our clients regularly so XPs are prepared with all the relevant information. This allows you to focus less on the numbers and more on the people and the ministry.

Download the Example Monthly Financial Report here!

Interested in learning more?

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