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COMPASS Journey Application

Our COMPASS Journey Grants have been distributed but you may still apply and join our WAITLIST! As grants become available, we’ll contact those on the waitlist ASAP.

Instructions

The COMPASS Journey is a year-long process of education, training, and accountability for pastors and associate pastors who meet certain financial qualifications. If you are accepted into the Journey you will be expected to do the following:

  1. Form a COMPASS Team consisting of you, your spouse (if married), and two lay leaders from your church who have financial savvy and whom you trust to encourage you and hold you accountable to your Journey Plan.
  2. Develop a COMPASS Journey Plan to spend at least 40 hours in financial education, training, and teaching during the next year that will improve your financial literacy and that of your congregation.
  3. Follow through on your Journey Plan, with regular prayer and accountability with your key lay leaders.
  4. Submit quarterly progress reports to the COMPASS Initiative through your online account.

Personal Information

Application Type
This form is used for the Journey application, as well the True North Retreat registration. Journey applicants and True North Retreat participants are both required to complete the entire form.

Requirements

Requirements
All three are required for participation in the COMPASS Journey. Los tres son necesarios para participar en el viaje COMPASS.

Qaulifications

Select all that apply. At least 4 must be true to qualify.
Qualifications

Savings

Debt

(Debt Ratio = Total monthly debt payments, divided by gross monthly household income, times 100)
What is the combined household student debt total?
Do NOT include mortgage(s).

Do you live in a church provided parsonage?

Do you live in a church provided parsonage?
Do you receive a housing allowance?
Do you own the home in which you currently live?
(Equity = Estimated selling price, minus the mortgage principal and estimated closing costs)

Financial Leadership, Management & Well-Being

Church Expense

(Debt Ratio = Annual rent or mortgage payments, divided by the church's annual income, times 100)
Use church's actual expenditures only. US Ministers - Total of annual salaries, taxes, housing allowance, SECA reimbursements, insurance, & church's portion of retirement contributions (for all pastoral personnel), divided by church's total annual income, times 100). Canadian Ministers - Total of annual salaries, taxes, insurance, & church's portion of retirement contributions (for all pastoral personnel), divided by church's total annual income, times 100).

Denominational Allocations

Has the church paid 100% of their denominational allocations for the past three years?

Biblical Stewardship Classes

COMPASS Journey Team

I understand that the COMPASS Journey is a cooperative effort between me and my spouse (if married) and two lay leaders in my local church. Below are two individuals with whom I could have safe and transparent conversations regarding my personal finances.

This application is complete and ready for review by the steering committee.
If any information is missing or you do not meet all three requirements, you may not be considered for participation in the COMPASS Journey.
This field is for validation purposes and should be left unchanged.

The Church of the Nazarene is a Protestant Christian church in the Wesleyan-Holiness tradition.

Organized in 1908, the denomination is now home to about 2.5 million members worshipping in more than 30,000 congregations in 165 world areas.

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