Financial Management and IRS Compliance Assessment by pl0rfFN

VIEWS: 9 PAGES: 12

									                                                                                                      The Elocin Group
                                                                                                      25 Knight Boxx Rd, Ste. #4103
                                                                                                      Orange Park, FL 32073
                                                                                                      Phone:      904-610-5879 / Fax 1-888-833-1779
                                                                                                      E-mail:         mycfm@theelocingroup.com

                                                                                                      Web:            www.theelocingroup.com




                         FINANCIAL MANAGEMENT AND IRS COMPLIANCE ASSESSMENT
Please complete all sections marked with an X
 x   A. CHURCH OR MINISTRY INFORMATION:

     President/Pastor:                                                                                   Affiliate Number:
     Corporate Name:                                                                                  # of planted churches under main church

      Street Address:                                                                                                P.O. Box:

      City:                                                        State:                                           Zip Code:

      Telephone:                                                 Fax Number:                                       Year Started:

     Contact Person:                                      Contact Telephone:                                    Best time to call:

      Federal ID #:
                                                      Website:                                                   E-mail:




 x   B. CHURCH AFFILIATION:

     Convention/Conference/Denomination Affiliation

     TEG has a referral program. Do you know of any other Pastors in your ministry that might benefit from our services?                  Yes     No   Does your Ministry have an email database of all your

     If so, please email their contact information to info@theelocingroup.com.
     What is the best way to disseminate information to your State Churches and Leaders?

     C. BOOKKEEPING
     How does the organization maintain its current books and records?

     How often do you pay bills? Weekly/ Biweekly / Monthly / 1st and 15th etc?

     How many bills do you pay a month?

     Do you keep a current database of all Accounts Payables and Receivables?

     How many checking accounts do you possess?

     How many credit cards do you possess?

     What services are needed for the records and books of your ministry?

     How often do you require your reporting (i.e. profit and loss, cash flow, and balance sheet)?

     How often do you require access to your financial reporting (i.e. online, daily, weekly, monthly, or annual

     Do you require an annual audit?

     Are you required to file form 940/941?

     Are you required to file sales tax? If yes, how often? (monthly/quarterly/annually)




                                                                                                     PAGE 1 OF 12
    D. PAYROLL PROCESSING

    Do you require payroll processing? (You can have as little as one employee)

    How often is your payroll cycle? (weekly/biweekly/monthly etc)

    Number of employees on payroll?

    Number of W-2 employees?

    Number of 1099 employees to include honorariums and guest Pastors making more than $600 annually?

    Do you require end of year federal tax reporting?
    E. WOULD YOUR MINISTRY OR ANY OTHER CHURCH AND/OR CHURCH LEADER BE INTERESTED IN THE FOLLOWING:

x   Church Lending (Purchase, Refinance, or Construction)                                                         Yes   No

    Pastoral Retirement Planning                                                                                  Yes   No

    Church Property and Casualty Insurance                                                                        Yes   No

    Key Man Insurance for Pastors                                                                                 Yes   No

    Officers and Executive Insurance for Church Leaders                                                           Yes   No

    Financial Empowerment Workshops for Churches and Members (Budgeting, Finance, and Insurance)                  Yes   No




                                                                                                   PAGE 2 OF 12
PAGE 3 OF 12
PAGE 4 OF 12
PAGE 5 OF 12
               Jacksonville, FL 32222   904-304-3222




PAGE 6 OF 12
PAGE 7 OF 12
PAGE 8 OF 12
PAGE 9 OF 12
PAGE 10 OF 12
PAGE 11 OF 12
nesmith@theelocingroup.com




                             PAGE 12 OF 12

								
To top