Description

Book Synopsis
Intentionally provocative, Alban founder and former president Loren Mead''s dynamic work sets out dramatic and compelling challenges for today''s churches. Mead chose the word "meltdown"-a strong term, indeed-very carefully and consciously. His clarion call urges congregations to direct attention to their dwindling financial resources and their unreliable fiscal practices, and to take major action now-or face disaster in the future. Mead addresses changing church giving patterns; the inconsistent ways congregations keep financial records; the lack of coordinated short- and long-range planning; the need for knowledge of sound financial techniques such as accounting for inflation; an over-reliance on "restructuring" to fix problems; and lack of defensive planning for operational costs.

Financial Meltdown in the Mainline?

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    A Paperback / softback by Loren B. Mead

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      Publisher: Alban Institute, Inc
      Publication Date: Publication Date: 01/11/1998
      ISBN13: 9781566991971, 978-1566991971
      ISBN10: 1566991978

      Description

      Book Synopsis
      Intentionally provocative, Alban founder and former president Loren Mead''s dynamic work sets out dramatic and compelling challenges for today''s churches. Mead chose the word "meltdown"-a strong term, indeed-very carefully and consciously. His clarion call urges congregations to direct attention to their dwindling financial resources and their unreliable fiscal practices, and to take major action now-or face disaster in the future. Mead addresses changing church giving patterns; the inconsistent ways congregations keep financial records; the lack of coordinated short- and long-range planning; the need for knowledge of sound financial techniques such as accounting for inflation; an over-reliance on "restructuring" to fix problems; and lack of defensive planning for operational costs.

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