Sorry if I have posted in the wrong section.. This is my first post.. Please move it if need be..
Last night I was told by a pastor that since churches are non profit, that at the end if the year the church account has to be zero.. You cannot carry over any money from one year to the next.. I know the church I belong to has a fund that is never touched just in case of emergencies .. Is this wrong? Thanks !
Last night I was told by a pastor that since churches are non profit, that at the end if the year the church account has to be zero.. You cannot carry over any money from one year to the next.. I know the church I belong to has a fund that is never touched just in case of emergencies .. Is this wrong? Thanks !
