4.5.11 Qualified Charitable Distribution
Apr 28, 2026
Qualified Charitable Distribution (QCD) What is a QCD? A Qualified Charitable Distribution (QCD) is a direct transfer of funds from an Individual Retirement Account (IRA) to a qualified nonprofit organization, such as Cr...
4.5.12 Refund Guidelines (Tuition, Food, Trips (missionsyouth), Bargain Box, Other Payments)
Apr 28, 2026
Refund Guidelines (Tuition, Food, Trips (missions/youth), Bargain Box, Other Payments) All refunds must be issued in the same form of payment as originally received. No exceptions. Refunds will not be processed until fun...
4.5.13 Refund Policy (Tithes and Offerings)
Apr 28, 2026
Refund Policy (Tithes and Offerings) To provide clear guidance on how Crosspoint handles requests for refunds related to tithes and offerings. Tithes and offerings are given as voluntary contributions to support the miss...
4.5.14 Restricted vs Unrestricted Accounts
Apr 28, 2026
Restricted vs. Unrestricted Funds – Knowledge Article Understanding the difference between restricted and unrestricted funds is critical for proper stewardship, compliance, and financial reporting. Every dollar given mus...
Retail Sales & Merchandise Guidelines (T-Shirts, Books, etc.) Crosspoint may sell items such as t-shirts, books, and other materials when they support ministry efforts. These activities must remain aligned with our m...
4.5.16 Stock Donations
Apr 28, 2026
Stock Donations Crosspoint Church accepts stock donations throughout the year. Donating appreciated securities can be a tax-efficient way for donors to support the mission. Key Guidelines Stock donations are accepted yea...
Tithes and Offerings – Loans and Check Cashing Tithes and offerings are sacred funds given to support the mission and ministry of Crosspoint and must be handled with the highest level of integrity and stewardship. Under ...
4.6.1 Financial Reporting Expectations
Apr 28, 2026
Financial Reporting Expectations To ensure financial transparency, accountability, and informed decision-making across Crosspoint Church, monthly financial reporting provides leadership with a clear and accurate view of ...
4.3.7 Reimbursement (Use of Personal Funds)
Apr 28, 2026
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...
4.3.6 Receipt Documentation Requirements
Apr 28, 2026
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...
4.3.4 Paying Bills (Accounts Payable Process)
Apr 27, 2026
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...
4.3.3 Mileage Reimbursement
Apr 27, 2026
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....
4.3.1 Accounts Payable Process
Apr 27, 2026
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...
4.3.3 Budget and Mid Year Adjustments
Apr 27, 2026
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...
4.3.2 Stewardship of Unused Budget Funds
Apr 27, 2026
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...
4.3.1 Budgeting Process Overview
Apr 27, 2026
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...
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) ...
4.2.2 Tax Exempt Certificate When and How to Use It
Apr 27, 2026
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...
4.2.1 Understanding Our Tax-Exempt Status
Apr 27, 2026
Understanding Our Tax-Exempt Status Crosspoint Church operates as a tax-exempt organization under IRS 501(c)(3) guidelines. This status provides significant financial and legal benefits, but it also requires strict compl...
2.5 Finance Team – Role and Responsibility
Apr 27, 2026
Finance Team – Role and Responsibility The Finance Team is responsible for the financial stewardship of Crosspoint Church. This includes overseeing all financial activity to ensure integrity, accountability, and alignmen...