North Way's Accountability
The Pastors and Elders of North Way Christian Community believe that the proper stewardship of our church's resources is one of our most important responsibilities. As such, we give great care to insure we have established independent checks and balances throughout the process.
North Way is a church governed by its Elders, a group of biblically qualified men called by God to lead this body. They appoint the Elder's Council, a subset of Elders with business and administrative gifts to manage North Way's business affairs. In addition to the Elders Council, North Way's financial affairs are also overseen by a group of member-ministers that comprise the church's Finance Council. This provides us with independent oversight at several levels in our organization. These councils have drafted and approved a set of Financial Disciplines that guide church leadership on the handling of resources brought into the church.
Next, though not required by law, North Way voluntarily submits all financial transactions to an independent Certified Public Accounting firm. The CPA firm completes a full external financial audit of North Way each year in full accordance with generally accepted auditing standards (GAAS). We have successfully passed every financial review each year since we initiated the practice in 1988. In addition, we voluntarily make these audited financial statements available publicly, demonstrating our careful stewardship and accountability with our congregation's resources. Any member of North Way can obtain a copy of the most recent audited financial statements by contacting Traci Patrick, Director of Accounting via e-mail at Tracip@northway.org.
North Way also takes the additional step of voluntarily submitting to the standards of accountability required to become a member in good standing of the Evangelical Council for Financial Accountability (ECFA), the benchmark oversight organization for stewardship excellence in the non-profit sector.
We have gone to great lengths to remain faithful and proactive in safeguarding North Way's financial integrity through careful stewardship and internal and external accountability. As we work to be good stewards, our partnership with you, our church-family is crucial in our efforts to honor God with our use of all of God's resources to bring Jesus to the forefront of all we do. Thank you for your partnership, stewardship, and faithful giving!
North Way's United Way Code: 224954
North Way is a proud member-in-good-standing of the ECFA
ECFA membership requires strict compliance with their standards, including comprehensive screening prior to membership, annual reviews, and field audits.