127 articles
Tax-Exempt Certificate: When and How to Use It Crosspoint Church is a tax-exempt organization and may make qualifying purchases without paying sales tax when using the official Tax-Exempt Certificate. State of Florida: D...
501(c)(3) Tax-Exempt Status – Global Methodist Church (GMC) Crosspoint Church operates under the tax-exempt status granted through the Global Methodist Church (GMC). This designation classifies the church as a 501(c)(3) ...
Accounts Payable Process Purpose The Accounts Payable (AP) process ensures all vendor payments are handled accurately, timely, and with proper authorization. This process protects the organization financially while maint...
Budgeting Process Overview Fiscal Year The fiscal year July 1 to June 30. Budget Timeline The annual budgeting process follows a structured timeline to ensure proper planning, review, and approval: January – Budget proce...
Stewardship of Unused Budget Funds At the end of each fiscal year, any unused budget funds across campuses are stewarded with intentionality and alignment to the overall mission of Crosspoint Church. 90% of all unspent f...
Budget and Mid-Year Adjustments Budget and mid-year adjustments ensure that all financial decisions remain aligned with the overall stewardship and priorities of Crosspoint Church. All requests must follow the establishe...
Mileage Reimbursement Mileage reimbursement is available for staff and pastors who use their personal vehicle for approved ministry-related travel. Reimbursement is calculated using the current IRS standard mileage rate....
Paying Bills (Accounts Payable Process) Crosspoint Church is committed to timely, accurate, and accountable payment of all financial obligations. This ensures strong vendor relationships, financial integrity, and operati...
Receipt Documentation Requirements To ensure all financial transactions are properly documented, auditable, and compliant with accounting standards and IRS requirements. Requirements for All Receipts All expenses must in...
Reimbursement (Use of Personal Funds) Reimbursement is intended for situations where personal funds are used to cover approved ministry or operational expenses on behalf of Crosspoint Church. The goal is to ensure timely...
Approved Payment Methods for Church Purchases (Tax Exempt)  The following payment methods are approved for church purchases: Church credit card Church check ACH or approved vendor payment  The following payment...
Cash & Check Handling (Weekday) Cash and check donations or payments received during the week must be handled securely, consistently, and with clear accountability across all campuses. Storage Requirements Each campu...
Cash Handling Procedures Purpose To ensure all cash and check handling across Crosspoint Church is conducted with integrity, accountability, and consistency. Proper handling reflects stewardship, protects staff, and main...
Confidentiality of Tithes and Offerings All financial records related to tithes, offerings, and donor giving are strictly confidential. Access to this information is limited to authorized personnel only and must be handl...
Cryptocurrency Crosspoint does not accept cryptocurrency as a form of payment or donation at this time. This includes, but is not limited to: Bitcoin (BTC) Ethereum (ETH) Any other digital or blockchain-based currencies&...
Digital Payment Platforms (Venmo, Cash App, Paypal, etc.) Crosspoint Church does not accept payments or donations through third-party peer-to-peer platforms such as Venmo, Cash App, PayPal (personal), Zelle, or similar a...
End-of-Year Giving Statements End-of-year giving statements provide donors with an official record of their contributions for the calendar year. These statements are used for personal recordkeeping and tax reporting purp...
Fundraising Guidelines At Crosspoint Church, we intentionally limit fundraising efforts. Our ministry model is built on the faithful generosity of our congregation through tithes and offerings, which fully support the mi...
Non-Cash Donations (Vehicles, Boats, Land, Furniture, and Other Items) Overview Crosspoint Church accepts non-cash donations including vehicles, boats, land, furniture, and other physical items. These gifts can be a valu...
PCI Compliance and Credit Card Handling Crosspoint Church does not retain credit card numbers for any reason. Writing down card numbers is strongly discouraged. If a card number must be written down to complete a transac...