The Church of Jr Deputy Accountant Latter Day Saints?
Pic credit: Church planters
As many of you know, Going Concern has me doing a weekly column on non-profit accounting because no one else was available (really no one else wanted to do it and since I'm such a giving person, I volunteered my services for the greater good of the little accountants). My topic this week? Cheating 501(c)(3) rules to write checks as your own church. Rules? Pfft!
I had no idea how much a minister can make but now I do. Wait a minute, this just tells me how to bypass Service rules by writing checks in the church’s name. I might totally be in the wrong line of work.
Free Church Accounting (I’m not kidding) brings us a question from “Sharon” of Corsicana, Texas:How much money does a minister have to make in order for money to be reported?
I started my church back up after 12 years vacancy. I do not have very many members. Right now we are 3 active members and other people stop in from time to time. I do not actually receive money. Since the church is striving I use the money to pay the light bill, get the grass moved.
I took the preliminary “Are You a Tax-Exempt Church” quiz on their website and failed miserably so I guess I’d make an awful 501(c)(3) but that’s probably for the best.
If you'd like to see how to fudge the rules and fake church status from Free Church Accounting, have at it over at Going Concern. Please, or else I'm going to have to start Ebaying my collection of Fed shwag to pay the bills. Not my shred! Anything but that!
And hey, if I do decide to start a church, who is with me in burning some sacrifices on the JDA altar? Let's start with Federal Reserve Notes and work our way up to virgins and lambs. It's a process, people, be patient.