The 508 Company Presents
The 508 Conference
About The 508 Conference
We know many of you are unable to attend The 508 Conference in person August 28-30, 2024. So, we’ve worked with our film team to develop a unique virtual conference experience we think you’ll enjoy and almost feel like you were at the conference with us.
- Virtual Conference. You’ll receive 30 days of exclusive access to the Virtual Conference.
- Session Recordings. Access to Video + Audio Recordings of Each Session.
- Exclusive Content. Exclusive Digital Access to Behind-the-Scenes Content.
- Our goal is that you leave The 508 Conference empowered and equipped to be the hands and feet of God’s Kingdom.
Operating a ministry is exciting and rewarding, but can be overwhelming. The Lord puts it this way, “For which of you, desiring to build a tower, doesn’t first sit down and count the cost, to see if he has enough to complete it? Or perhaps, when he has laid a foundation and isn’t able to finish, everyone who sees begins to mock him, saying, ‘This man began to build and wasn’t able to finish.’” (Luke 14:28-30)
The fact that 50% of nonprofits fail within their first year is the reason it’s imperative that men and women of faith have the tools they need to succeed and impact future generations.
Where is The 508 Conference Located?
Glen Eyrie at 3820 North 30th Street, Colorado Springs, CO 80904
Home to the U.S. Air Force Academy, Navigators, and Focus on the Family, Colorado Springs has a largely conservative population of almost 446,000. Nestled against the foothills, the Springs (as the locals call it) boasts breathtaking scenery along with all the conveniences of a large city.
The beauty of the Glen Eyrie property in Colorado Springs, Colorado where The 508 Conference is hosted is perfect for connecting with God’s creation and other like-minded, God-fearing men and women.
What will you learn at The 508 Conference?
Below are some of the main topics presented at The 508 Conference among many other invaluable information you will learn from ministry, business, and faith leaders in their respective fields.
01.
What is a "508"?
Guidance on the Four Ways to Start a Ministry that Operates Under Section 508(c)(1)(A) of the Tax Code, also called a “508”, presented by Corey Scott, Founder and CEO of The 508 Company.
02.
What's the Difference?
The key differences between a 508, PMA, Corporation Sole, Free Church, Faith-Based Organization (FBO), and other ministry structures.
03.
Legal Compliance
Legal compliance session Legal highlighting the Internal Revenue Code, IRS regulations, and relevant tax-exempt court cases by attorney Nick Farnsworth.
04.
Taxes, Taxes, Taxes
How to navigate tax benefits, deductions, and compliance for your personal, ministry, and business taxes presented by Matthew Hale, Certified Public Accountant (CPA).
05.
Financial Freedom & Stewardship
Financial freedom and stewardship session presented by Daniel Bailey, Financial Advisor and Regional Vice President at one of the nation’s largest independent financial services organizations.
06.
Ministry Spotlight Sessions
There will be special Ministry Spotlight Sessions from actual faith leaders operating successful ministries across the country including Dalena Wallace, Dr. Lisa Dunne, and more.
Yes, I need this! Save my spot today.
Wednesday
August 28th
Conference schedule subject to change
Day One
- 12:00pm: Lunch + Meet & Greet
- 1:00pm: Relax + Explore Glen Eyrie
- 4:00pm: Rooms Check-In
- 6:00pm: Dinner + Meet & Greet
- 7:00pm: Protecting Your Ministry: Catching the Little Foxes (Song of Songs 2:15)
- 8:00pm: Mini Strings Concert Presented by Members of Wonder's Concert Orchestra
Thursday
August 29th
Conference schedule subject to change
Day Two
- 7:30am: Breakfast + Meet & Greet
- 8:30am: The Key Differences Between a 508, PMA, Corporation Sole, Free Church, Faith-Based Organization (FBO), and other Ministry Structures Presented by Corey Scott, Founder and CEO of The 508 Company
- 9:45am: Guidance on the Four Ways to Start a Ministry that Operates Under Section 508(c)(1)(A) of the Tax Code, also called a “508” presented by Corey Scott, founder and CEO of The 508 Company
- 11:00am: Ministry Spotlight Session: “...because he practiced the same trade, he lived with them and worked, for by trade they were tent makers.” (Acts 18:1-3) How to Build an Income-Generating Business That Can Support Your Personal Finances and Your Ministry
- 12:00pm: Lunch + Meet & Greet
- 1:30pm: Legal Compliance: Highlighting the Internal Revenue Code, the IRS Regulations, and Relevant Tax-Exempt Court Cases Presented by Attorney Nicholas T. Farnsworth
- 2:45pm: How to Navigate Tax Benefits, Deductions, and Compliance for Your Personal, Ministry, and Business Taxes Presented by Matthew Hale, Certified Public Accountant (CPA)
- 4:00pm: Financial Freedom and Stewardship Session Presented by Daniel Bailey, Financial Advisor and Regional Vice President at One of the Nation's Largest Independent Financial Services Organizations
- 5:00pm: Break
- 6:00pm: Dinner + Meet & Greet
- 7:30pm: Mini Strings Concert Presented by Members of Wonder's Concert Orchestra
Friday
August 30th
Conference schedule subject to change
Day Three
- 7:30am: Breakfast + Meet & Greet
- 9:00am: Ministry Spotlight Session: How Microschools and Creative Christian Learning Environments (CCLEs) are Transforming Communities presented by Dalena Wallace, president and founder of Heartland Christian Ministries Association
- 10:00am: Ministry Spotlight Session: How We Can Work Together to Shift the Culture of Education for the Next Generation by Dr. Lisa Dunne, president and founder of Chula Vista Christian University
- 11:00am: What's Next? How Your Ministry Will Change the World
- 12:00pm: Lunch + Farewells
- 1:30pm - 4:00pm: Open Group Sessions + Testimonials + Q&A with The 508 Company
FAQs
Bring your Bible and a journal or notebook to take lots of notes! The 508 Conference attire is business casual that’s less formal than business wear but still professional. It’s not a suit, but not shorts and a t-shirt, either. There will be professional photography and videography throughout the conference so think of how you want to be seen in photos and video beyond the conference. Be sure to bring a comfortable change of clothes and shoes if you plan to explore the beautiful grounds at Glen Eyrie’s 723 acres of awe-inspiring property in Queen’s Canyon on the front range of the Rocky Mountains. It’s summer in Colorado and weather can be unpredictable, so pack a light jacket and a couple layers, just in case.
The 508 Conference requires payment in full at the time of registration. Registrations cancelled at any time prior to the start date will be applied as a credit toward any of The 508 Company’s Formation Services.
Conference attendees do not select their own rooms. Rooms are assigned (including a couple’s own children, if applicable) by conference staff based on reservation size and availability. Glen Eyrie contains guest rooms located in 7 buildings, including the historic Castle. None of the rooms have televisions, although free wi-fi is available throughout the property. Rooms contain coffee makers, but no microwaves or refrigerators which are available for use in each building’s common area.
Please notify us of any allergies or dietary needs in advance when you register for The 508 Conference. Glen Eyrie’s Food & Beverage team can accommodate gluten-free, dairy-free, vegan and vegetarian diets with advance notice. However, Glen Eyrie is not a gluten-free certified kitchen, and cross-contamination may occur.
If you can’t attend The 508 Conference in-person, you can purchase a Virtual Conference Pass and you’ll receive full access to the session recordings, materials, and special behind-the-scenes content.
Please note, this event will NOT be live streamed. The Virtual Conference link will be available 7 days after the conference.
Live, In-Person Speakers
Corey Scott, Founder and CEO of The 508 Company
Corey founded The 508 Company in 2022 and has helped hundreds of men and women of faith across the country start their 508 churches and ministries. Corey and Helen have been married since 2005 and are homeschooling parents of their six children. In 2020, they founded one of the largest privately-funded faith-based homeschool music, arts, and enrichment programs in Colorado serving over 60 families and more than 150 students every year.
Nicholas T. Farnsworth, Esq.
Nick is an attorney licensed to practice law in Colorado and Arizona based out of Colorado Springs. After beginning his career with a local business law and civil litigation firm, Nick launched his own practice in August 2022 focused on solving problems and crafting practical solutions for individuals, families, and small businesses. Nick’s areas of expertise include business and non-profit law, real estate matters, estate planning, and probate.
Matthew Hale, Founder and Owner of Salt of the Earth CPA
Matthew is a licensed Certified Public Accountant (CPA) in the State of Tennessee. He is a husband, father of three girls, and owner of Salt of the Earth CPA. Matthew founded Salt of the Earth CPA in 2024 after several years of practice and working with clients across the globe. He values serving those in need, across all states, to help businesses and families with their financial and tax needs. Because of his years of experience with 508s and strategic tax knowledge, Matthew is skilled in saving his clients on taxes, which allows his clients to use their funds in a way to benefit the community around them and those who are in need.
Daniel Bailey, Financial Advisor and Regional Vice President
Daniel Bailey currently serves his community in Virginia as a Regional Vice President in the financial services industry. He has been operating his own business for the past four years in his hometown of Abingdon, VA. With his years of experience, he enjoys working with a variety of clients from individuals and families to businesses and have helped them achieve their financial goals. Through his relationship with Christ, he has been blessed to build a business that teaches the core concepts to personal finance as well as helping individuals with the most stressful topic in life, money. “I believe that money can create stress in our everyday lives and through time if not handle can cause a burden as well. Through education, knowledge and a financial plan, we can create goals and provide a clear roadmap to achieve those goals. Then in turn be able to fulfill our purpose and be good stewards of what God has entrusted us with.” 1 Corinthians 4:2
Dalena Wallace, Founder of Heartland Christian Ministries Association
Dalena is the founder of Heartland Christian Ministries Association and Wichita Innovative Schools and Educators (WISE), a collaboration of educational entrepreneurs in the Wichita, Kansas area. Dalena is the founder of AIM Educational Collaborative LLC which helps provide assistance and coaching for others who would like to build Autonomous, Innovative, and Missional educational models.
Dr. Lisa Dunne, Founder of Chula Vista Christian University
Dr. Lisa Dunne is a dynamic author, speaker, lifelong homeschooler, and the founder of Chula Vista Christian University, a mentor-driven, faith-based, debt-free model of higher education designed to counteract America’s highly dysfunctional government school system. She holds a Ph.D. in human development, a Master’s degree in communication studies, and a Master’s degree in human and organizational development. She is the author of several books, including The Multigenerational Marketplace, The Science of Social Influence, and Outsourced: Why America’s Kids Need an Education Revolution. Her forthcoming book is The Bachelor Epidemic: Confronting the Rise of Artificial Attachment. Her podcast is The Communication Architect, and her radio show MindsetMatters airs weekly on KPraise Radio.
Dr. Dunne is passionate about the transformative power of education, the primacy of the local church, and the stable family as the cornerstone of healthy culture. As an expert in Gen Z educational methodology and psychosocial development, she helps pastors launch church-based academic support centers to rescue their congregations from public school indoctrination. She has founded 32 homeschool-based academies across America. Learn more about her national work at AcademicRescueMission.com.
Dr. Dunne has been married to her British husband, Adrian, for 33 years, and they have two intelligent and compassionate homeschooled graduates who are their true resume. Learn more about her books, blogs, coaching, and resources at CVCU.us.
Don't Miss Out!
We believe the information you will receive at The 508 Conference will be life-changing and put you on the path to operating a successful, and compliant ministry with the peace-of-mind you deserve.
The 508 Company helps churches and ministries establish their nonprofits under Section 508(c)(1)(A) — the right way. Since 2022, The 508 Company has worked with and consulted almost 100 ministries and churches across the country in every time zone (including Hawaii!).