Accounting Practices + Accountability
Go2 Church Planting Ministries is grateful for the monetary gifts God provides and believes in being a good steward of those funds as we work together to plant churches in North America and beyond. We use the practices and standards of the Evangelical Council for Financial Accountability (ECFA) as a guide to ensure we act ethically and responsibly with regard to the handling of the finances entrusted to us. Our desire is to be transparent in all of our financial practices and to use the funds donated to us for church planting purposes.
Doctrinal Statement
Agreeing to subscribe to a written statement of faith clearly affirming the organization’s commitment to the evangelical Christian faith and conducting its financial and other operations in a manner which reflects those generally accepted biblical truths and practices.
Financial Statements
Undergo audits performed by an independent certified public accounting firm in accordance with U.S. generally accepted auditing standards (GAAS) with its financial statement prepared in accordance with U.S. generally accepted accounting principles (GAAP).
Use of Resources
Exercise the management and financial controls necessary to provide reasonable assurance that all resources are used (nationally and internationally) in conformity with applicable federal and state laws and regulations to accomplish the exempt purposes for which they are intended.
Conflicts of Interest
Transactions with related parties may be undertaken only if all of the following are observed:
- a material transaction is fully disclosed;
- the related party is excluded from the discussion and approval of such transaction;
- a competitive bid or comparable valuation exists; and
- the organization’s board has acted upon and demonstrated that the transaction is in the best interest of the organization.
Fundraising
Exhibit ethical practices with regard to all aspects of fundraising, fund management and donor relations, namely:
- Truthfulness in Communication
- Communication and Donor Expectations
- Communication and Donor Intent
- Projects Unrelated to a Ministry’s Primary Purpose
- Incentives and Premiums
- Financial Advice
- Percentage Compensations for Fundraisers
- Tax-deductible Gifts for a Named Recipient’s Personal Benefit
- Conflict of Interest on Royalties
- Acknowledgment of Gifts-in-Kind
- Acting in the Interest of the Donor
To understand more about these standards and best practices, please visit the ECFA website.
Visit our Donation Portal to make a donation.