Finances
At College Park Church, we feel the heavy responsibility to be good stewards of what God has entrusted to us. As we read in Luke 12:48, "Everyone to whom much was given, of him much will be required."
Therefore, it is important that we ensure adequate internal controls are in place to safeguard the church's financial resources, be transparent in the financial data presented, and uphold the 501(c)(3) status of our organization.
Financial Accountability
We have an independent accounting firm conduct financial audits on an annual basis, the reports of which you may review below. Additionally, our elders review and analyze monthly financial statements to direct the mission of our church.
We are members of the Evangelical Council for Financial Accountability (ECFA), which provides accreditation to Christian nonprofit organizations that consistently demonstrate compliance with established standards for financial accountability, fundraising, and board governance.
Finally, as part of our privacy policy, we maintain strict confidentiality about those who make contributions to the ministries of College Park Church and do not sell or make available this information except where disclosure is required by law.
Giving Stocks
If you would like to donate stock to the church, you can do so via an online account with Charles Schwab.
Broker: Charles Schwab
Account #: 2492-7694
Depository Trust Company (DTC) #0164, Code 40 (if needed)
Please email Linda Sackett with what stock you are donating, the number of shares and fund designation you would like to support (General Fund, Global Missions, Local Missions, Benevolence, or Christmas Offering). Please allow 5-7 business days for the stock to process, especially at year-end.
The Fiscal Year Budget
Our annual ministry and operating budget is developed by our staff leadership, approved by the elders, and presented to the congregation for review, questions, and approval by vote.
RESOURCES
FINANCIAL STATEMENTS
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). Below are the annual audits from 2012 to present.