King’s Chapel, a historic Christian Unitarian Church in Boston, was established in 1686. It is renowned as one of the oldest churches in the city and is an integral part of the Freedom Trail, guiding visitors through American Revolution-era sites. The church, with a small yet active congregation, offers weekly worship services, historical tours, recitals, concerts, and space rentals to area nonprofits. While committed to religious acceptance, King’s Chapel also recognizes its historical ties to enslaved labor, striving to create a more just society.
King’s Chapel faced the challenge of maintaining organized finances. Constantly changing volunteer treasurers and part-time bookkeepers resulted in high turnover and inconsistency in bookkeeping. This financial disarray distracted the church from its core mission of building a vibrant and welcoming church community.
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BooksTime stepped in to streamline King’s Chapel’s financial operations. Beyond standard bookkeeping services, BooksTime helped the church grasp the bigger picture of its finances. A dedicated bookkeeper managed payables and receivables, utilizing Quickbooks Desktop (QBD) and later transitioning to Quickbooks Online (QBO) for remote bookkeeping during the pandemic. BooksTime also assisted in setting up systems to track loans, capital projects, and tax reporting.
The BooksTime team at King’s Chapel includes George Mastaby, a highly experienced accountant with 30+ years in finance and accounting, and Olena Doroshenko, a Senior Bookkeeper with a Master’s in Accounting & Audit and strong QuickBooks skills.
The collaboration between BooksTime and King’s Chapel has led to several benefits, including significantly improved financial efficiency, tracking of loans and capital projects, and transparency in budget management. With the consistency provided by BooksTime, King’s Chapel can navigate transitions between volunteer treasurers more effectively and allocate more time and effort to community building.
In one of its longstanding partnerships, BooksTime has not only provided exceptional financial services to King’s Chapel but has also contributed to the church’s mission of preserving history and promoting social justice. With organized finances and reduced operational burdens, King’s Chapel can now focus on its core goal of fostering a welcoming and vibrant church community.
