The ChurchBiz Podcast

In this episode, our team talks through the basics of monthly financial reports for a church or non-profit, covering the Profit and Loss Statement (Statement of Financial Activity) and the Balance Sheet. We hope to help pastors and finance team members better understand their monthly financial reports. You can also check out the full video version on our YouTube Page - https://youtu.be/RMosanw3ouY

This episode is the audio from our 1099 Webinar. In this episode, we talk about important issues related to contractors that every church needs to know to stay in compliance with the IRS.

The Human Resource function is critical for any organization, including churches. Hear from one of our trusted partners, Melissa Stephan, about all things church HR in this podcast and the plans ChurchBiz has to roll out HR services.

Timestamps:
0:00 Introduction
3:00 Chris introduces Melissa and they talk about their dogs
6:08 Melissa's background and getting into Human Resources (HR) for churches
9:05 Why do churches need HR support?
10:45 Defining HR services for churches
14:05 What are the most important HR topics for churches?
17:45 HR services Melissa provides for churches
21:35 ChurchBiz plans to begin offering HR services

In our latest episode, we introduce our team member, Tyler. In this episode, we get to know him and learn more about his story and what brought him to ChurchBiz. Tune in to hear more!

Chris Mallonee interviews his brother-in-law, BJ McCurdy, pastor of New Shores Church in Sweeny, Texas. BJ discusses their church's recent generosity campaign and shares his thoughts on the importance of stewardship and generosity in the life of Christians.

We are thrilled to introduce our team member, Brandi, through our latest podcast episode. In this episode, we get to know Brandi and learn more about her story and what brought her to our team. Tune in to hear more!

In this episode, Chris Mallonee leads us through an in-depth discussion on 1099s. We talk about everything from why churches need to file 1099s to what to do if you failed by this year's January 31st deadline.

• What is a 1099 and how are they relevant for churches? - 3:28
• What are the different types of 1099 forms? - 5:14
• What is the difference between a W2 employee and a 1099 contractor? - 6:40
• Real-life scenarios: 1099 Contractor or W2 employee? - 10:47
• Why would a church want to pay someone as a 1099 contractor rather than a W2 employee? - 15:05
• Do payments to mission organizations or benevolence require a 1099? - 26:53
• What kind of contractor payments requires a 1099? - 27:58
• What is a W9 and how does it help us discern who needs a 1099? - 31:45
• Does how we pay for a service make a difference to filing 1099s? What if you failed to file 1099s in 2022? - 47:36
• Closing advice for pastors and finance team leaders - 52:32

If you would like more info or help with filing 1099s you can email us here - info@churchbizsupport.com

In this episode, Chris and Josh discuss the challenge of expense reporting. They explore why this is needed and evaluate three expense management solutions.

0:00 - 5:00     Intro on expense management
5:00 -  12:33   Pros/cons of using Excel
12:33 -  21:10  Pros/cons of using Expensify
21:10 -  33:38  Pros/cons of using Divvy

In this podcast episode, Josh Reeves shares his story of working with ChurchBiz as a church planter. Chris and Josh also remind us of the importance of being faithful to minister in whatever vocation we work in and wherever God sends us to do that work.

Join us as the owners of ChurchBiz, Chris Mallonee and Kevin Aderholt, share about fund accounting and some helpful tips.

2:45   What is fund accounting?

• Definitions / Framework
• What is a fund?

4:50   Financial statements for a church

• Differences between church financials and business financials      

9:18   Restricted and unrestricted funds

• Church governance and authority to allocate funds
• Differences between legal restrictions and church-imposed restrictions on funds

18:00  Why do some churches track multiple funds and others don't?

• Impacted by church governance model

22:57  ChurchBiz recommendations for fund accounting

• How our church manages governance and fund accounting  
• Bi-laws should be in line with the vision of the church

Join us as the owners of ChurchBiz, Chris Mallonee and Kevin Aderholt, share the story of ChurchBiz, how they got involved, and what we hope to see God do in the future.