Turnkey CFO · Financial Command Center

Northpoint Church

A clear, board-ready read on the money — built directly from your General Ledger. Strong giving, a major building campaign, and one structural pattern leadership isn't seeing month to month: operating spend is outrunning operating income.

Source · General Ledger Active records · Jun 2024 – mid 2025 Prepared · June 21, 2026 Confidential
General Offerings
$0
~$146K / month · steady 13-mo trend
Operating Income
$0
Offerings + events + marketplace
Operating Expense
$0
Staffing 45% · facilities 26%
⚠ Operating Net (13 mo)
$0
≈ −$34K / month · funded from reserves
Operating Cash
$0
▼ from $637K · 14-mo decline
Building Campaign
$0
Restricted — toward construction
The headline

Giving is healthy. The operating gap is the story.

Over the last 13 months of active records, operating expenses ran $437K ahead of operating income. You can see it directly in the bank: operating cash slid from $637K to $322K. The giving is strong and steady — this is a cost-structure and visibility problem, not a generosity problem.

Operating cash — the reserve trend
Month-end balance, operating checking · Jun 2024 → Jul 2025
Income vs. expense, by month
Most months spend more than they bring in
Where the money goes

71% of spending is fixed before a single ministry runs.

Reclassified by nature, the cost base is staffing plus facilities — including $668K a year in rent paid to a related-party LLC the church appears to own (a $2.9M investment sits on the books). That structure deserves its own board-visible report.

Operating expense by nature
13-month total, capital reclass excluded
Largest operating outflows
What actually moves the budget
Staffing — ~13 roles$1.44M
Facility rent — related-party LLC$668K
Programs & ministry$383K
Admin & technology$288K
Missions & care$234K
"Credit Card Misc." — 3,240 uncoded charges$434K
Generosity

Steady giving — but the books only see deposit batches.

General-fund offerings hold ~$146K/month with the expected December lift. But the ledger records giving as 374 deposit batches (avg $5K) — it can't see donors, recurring gifts, or who's lapsing. Donor-level health lives in Planning Center & GivFlow, where Turnkey builds the retention view.

General-fund offerings by month
Jun 2024 – Jun 2025
How it comes in
By deposit source
Cash / check (teller deposits)$1.82M
Online giving (ACH)$30K
Other / unspecified$8K
$5,068 avg deposit batch
$65,076 largest single batch
96% still cash / check
What the church is holding

Several pockets — no unified fund view today.

Fund & asset balances
Ending balances, as recorded
For-profit LLC investment (ownership)$2.92M
Building-fund cash$747K
Operating cash$322K
Prepaid expenses$174K
Construction in progress$150K
The related-party question

The church carries a $2.9M ownership investment in a for-profit LLC — and pays that same entity $668K/year in rent for its facility. That's a legitimate, common structure, but it's a related-party arrangement that should be transparently reported to the board every period. Right now it's buried in the ledger.

What the books can't tell the board today

Six things a clean close would surface.

1

A structural operating deficit nobody's watching

−$437K over 13 months, ~$34K/month, with operating cash down $315K. This is the single most important number leadership should see every month — and today they don't.

2

$2.15M of capital booked in one manual journal entry

A single Oct 31, 2024 entry moves $2.15M with no offsetting detail. Capital, construction-in-progress, and the LLC need real fund accounting.

3

$434K across 3,240 "Credit Card Misc." charges

Thousands of card transactions land in a catch-all. Real-time coding on Ramp keeps the books continuously close-ready instead of reconstructed weeks later.

4

Giving visibility stops at the deposit slip

The GL sees batches, not donors. Retention, recurring, and lapsed-giver insight needs the Planning Center + GivFlow layer Turnkey builds.

5

Related-party real estate, unreported

$668K/yr rent flows to an LLC the church owns. It belongs in a standing board-visible related-party disclosure.

6

The close is behind, and the COA has drifted

Records thin after mid-2025; deleted/duplicate accounts still carry history. A clean current close plus a restructured chart of accounts restores trustworthy reporting.

The engagement

Divided by control — not by task.

The people who touch the money never record it; the people who record it never approve it. Separation of duties, built in — exactly what a church board expects to see.

Turnkey CFO owns

  • The GL, monthly close & all financial reporting
  • AP & expense coding, consolidated on Ramp
  • Bank / Square / Venmo / Benevity reconciliation
  • Fund accounting — operating, building, restricted, LLC
  • Giving-health analytics & annual statements
  • Weekly cash + monthly board package + this dashboard
  • W-2 / 1099 issuance

Northpoint keeps

  • Custody of cash, checks & deposits
  • Final authorization of payments & payroll
  • Donor relationships & giving conversations
  • Ministry purchasing & scholarship decisions
  • People / giving records in Planning Center
  • Adding & removing platform users
Recommended engagement

Numbers the board can finally trust.

Essentials
$1,450/mo

Full-cycle bookkeeping, reconciliations, and a clean monthly close. The foundation.

Recommended
Full Books + Board Reporting
$2,450/mo

Everything in Essentials, plus fund accounting across all pockets, giving-health analytics, this live dashboard, and a board-ready package every month. The right fit for Northpoint's scale and the building campaign.

Reporting & Advisory
$3,200/mo

Adds annual budgeting, cash-flow forecasting, restricted-fund & campaign reporting, and a standing leadership review.

One-time onboarding & cleanup · $3,500 Ramp consolidation · $0 platform cost ~$3,000–$5,500 / yr hard savings

Onboarding restructures the chart of accounts, documents the capital / CIP and the LLC, stands up multi-fund reporting, and catches the books up to a clean current close. The Ramp move alone offsets a meaningful share of the monthly fee in year one.

The next step

A 30-minute walkthrough of this with leadership — confirm scope, lock the engagement, and start onboarding. Northpoint keeps control of every dollar; Turnkey gives the board numbers it can finally trust.