7 STANDARDS OF RESPONSIBLE FINANCIAL TRANSPARENCY
Coastal Fellowship Church follows the guidelines of the ECFA’s Seven Standards of Responsible Stewardship™, drawn from Scripture. These Seven Standards help ensure that donations are handled with the highest degree of fiscal responsibility and are fundamental to operating with integrity.
Accountability to God is vital, but people form their impressions of both people and organizations by looking at the outward appearances (1 Samuel 16:7).
The basis for establishing ECFA Guidelines and developing Seven Standards of Responsible Stewardship™ is stated clearly by the Apostle Paul in 2 Corinthians 8:21 (NIV):
"For we are taking pains to do what is right, not only in the eyes of the Lord but also in the eyes of men." 2 Corinthians 8:21 (NIV)
Or, as the New American Standard puts it in verses 20 and 21:
"taking precaution that no one should discredit us in our administration of this generous gift, for we have regard for what is honorable, not only in the sight of the Lord, but also in the sight of men."
The ECFA standards are infrequently changed, providing members a steady baseline for consistent application of the standards to members. The standards have been described as simple but not simplistic. The brief statements included in the standards have significant implications for organizations that pledge to follow these standards. They are not standards that allow for grading on the curve. Rather, they are pass-fail standards. ECFA members must comply with all of the standards.