We counsel, guide and direct our church in the management of finances. Our goal is to ensure that adequate internal controls are in place to safeguard the church's financial resources, protect the reputation of The Village, be transparent in the financial data presented and uphold the 503(c)(3) status of our organization.
We also maintain strict confidentiality about our donors and do not sell or make available this information without prior permission of the donors, except where disclosure is required by law. Our elders review and analyze monthly financial statements to direct the mission of our church.
Each year, an annual budget is presented to the church body for review, analysis, questions and approval. The operating budget is fundamental to our accountability, transparency and integrity.
We take stewardship seriously. Each year, an independent certified public accounting firm performs an annual audit in accordance with U.S. generally accepted auditing standards (GAAS) with our financial statements being prepared in accordance with U.S. generally accepted accounting principles (GAAP). To the right are the past three years' annual audits.
To provide the church with our current financial status, we present the most recent monthly un-audited financial statements online. For administrative reasons, these financial statements are not prepared wholly in accordance with U.S. generally accepted accounting principles (GAAP). We do prepare our financial statements in accordance with GAAP for audit purposes and year-end reporting.