Other Consulting Services
Sustainability Studies
We help create a comprehensive plan that leverages the organization’s resources in a way that prevents their depletion and promotes long-term sustainability, perpetuating its ability to fulfill its mission.
Key focus areas can include:
- Financial sustainability
- Leadership succession planning
- Strategic planning
- Adaptability
Reconfiguration Planning
Supports religious institutes in merging smoothly by addressing key areas, including:
- Accounting
Streamlining systems and accounts - Banking
Centralizing cash management - Budgeting
Merging budgets efficiently - Development
Unifying fundraising efforts - Staffing
Assessing and optimizing roles - Health Care
Establishing shared healthcare options - Insurance
Consolidating policies - Investments
Centralizing and setting guidelines. We help evaluate assets, develop allocation models, unify policies, provide independent assessments, and assist in selecting managers. - Legal
Reviewing key documents - Ministry Obligations
Evaluating contracts - Properties
Streamlining systems and accounts - Accounting
Reviewing real estate use
Social Security Reporting
Religious organizations participating in Social Security must report “wages” for their members, paying both the employee and employer portions of FICA tax. Reporting is required regularly, with penalties for late submissions. Consulting Solutions offers a streamlined process to help institutes meet these requirements, enrolling members and paying FICA for them, so they get Medicare/Medicaid when they retire.
Our services include:
- Filing W-2 information with the government on behalf of the institute
- Preparing W-2 and 941 forms for institute submission
- Calculating, managing, and processing required tax payments