Monday, January 28, 2019

VIP First Look for 2019

What’s in store from ECFA in 2019, and what trends and developments do church and ministry leaders need to be aware of? As we kicked off Season 3 of our Excellence in Church Administration series, ECFA set out to answer these questions and more, in our VIP First Look for 2019 podcast.

In the 31 minute podcast, Executive Vice President Vonna Laue, President Dan Busby, and I discuss some important topics for 2019:
  • 2018 State of Giving Report – ECFA member ministries noted a 5.9% increase in giving in 2018, the largest increase in 5 years. Larger ministries experienced the highest increases, while smaller ministries experienced a decrease.
  • Court Challenges – The Freedom From Religion Foundation (FFRF) continues to challenge the minister’s housing allowance as well as Form 990 exemptions. ECFA is monitoring the latest developments in both of these cases.
  • Tax Reform – The Tax Cuts and Jobs Act enacted for 2018 has implications for churches and ministries due to tax changes for individual donors, as well as in regard to the nonprofit parking tax.
  • Changes in the Accounting Standards – as Vonna says in the podcast, “If your financial statements haven’t changed to reflect the new accounting standards, this is the year it will happen."
  • 2019 is the Year of Excellence in Governance – Most organizations realize the importance of strong and effective board governance, but many lack training for their board members. As ECFA celebrates its 40th anniversary in 2019, we’ve designated this as The Year of Excellence in Governance! This emphasis will include several new books and other resources being released, as well as a series of Governance Forums being held around the country in the fall of 2019.
  • New ECFA Resources – Not only is 2019 the Year of Governance, it also seems to be the Year of Abundance in Resources! From survey results and books to podcasts and webinars, ECFA has a wealth of new tools coming your way in 2019. Be sure to bookmark the ECFA Resources page for quick reference.

To hear more about each of these topics, please listen in to the full VIP First Look for 2019 podcast.