Suggested Financial Principles That Can Reduce Your Ministry Financial Risks
1. We believe your financial budget anchors should include the follow general aspects to develop the proper balance that can build and sustain a growing ministry over time.
- Ministry programs 30%
- Salaries 30% or less
- Debt service 30% or less
- Daily operations 10%
2. A ministry missing financial balance functions much like a vehicle with a flat tire. A ministry missing financial balance will find it difficult to sustain its mission principles over time unless it's flat is fixed. Flat tires develop very naturally as a ministry find it necessary to pull funds from one key area to maintain the growing demands of another.