Financial Management for Nonprofit Organizations

Financial Management for Nonprofit Organizations
  • Author : John Zietlow,Jo Ann Hankin,Alan Seidner
  • Publisher : John Wiley & Sons
  • Pages : 624
  • Relase : 2011-02-15
  • ISBN : 1118046277

Financial Management for Nonprofit Organizations Book Review:

Indispensable for all types and sizes of nonprofit organizations, this important book imparts a clear sense of the technical expertise and proficiency needed as a nonprofit financial officer and includes real-world case studies, checklists, tables, and sample policies to clarify and explain financial concepts.

Financial Management for Nonprofit Organizations

Financial Management for Nonprofit Organizations
  • Author : Jo Ann Hankin,John Zietlow,Alan Seidner,Tim O'Brien
  • Publisher : John Wiley & Sons
  • Pages : 768
  • Relase : 2018-04-06
  • ISBN : 9781119382591

Financial Management for Nonprofit Organizations Book Review:

Essential tools and guidance for effective nonprofit financial management Financial Management for Nonprofit Organizations provides students, professionals, and board members with a comprehensive reference for the field. Identifying key objectives and exploring current practices, this book offers practical guidance on all major aspects of nonprofit financial management. As nonprofit organizations fall under ever-increasing scrutiny and accountability, this book provides the essential knowledge and tools professional need to maintain a strong financial management system while serving the organization’s stated mission. Financial management, cash flow, and financial sustainability are perennial issues, and this book highlights the concepts, skills, and tools that help organizations address those issues. Clear guidance on analytics, reporting, investing, risk management, and more comprise a singular reference that nonprofit finance and accounting professionals and board members should keep within arm’s reach. Updated to reflect the post-recession reality and outlook for nonprofits, this new edition includes new examples, expanded tax-exempt financing material, and recession analysis that informs strategy going forward. Articulate the proper primary financial objective, target liquidity, and how it ensures financial health and sustainability Understand nonprofit financial practices, processes, and objectives Manage your organization’s resources in the context of its mission Delve into smart investing and risk management best practices Manage liquidity, reporting, cash and operating budgets, debt and other liabilities, IP, legal risk, internal controls and more Craft appropriate financial policies Although the U.S. economy has recovered, recovery has not addressed the systemic and perpetual funding challenges nonprofits face year after year. Despite positive indicators, many organizations remain hampered by pursuit of the wrong primary financial objective, insufficient funding and a lack of investment in long-term sustainability; in this climate, financial managers must stay up-to-date with the latest tools, practices, and regulations in order to serve their organization’s interests. Financial Management for Nonprofit Organizations provides clear, in-depth reference and strategy for navigating the expanding financial management function.

Budgeting and Financial Management for Nonprofit Organizations

Budgeting and Financial Management for Nonprofit Organizations
  • Author : Lynne A. Weikart,Greg G. Chen,Ed Sermier
  • Publisher : CQ Press
  • Pages : 408
  • Relase : 2012-06-22
  • ISBN : 9781483301952

Budgeting and Financial Management for Nonprofit Organizations Book Review:

In the nonprofit sector, money drives mission. Well-managed budgets and investments can spur long-term growth and achievement, while financial mismanagement can damage or destroy an organization. Lynne A. Weikart, Greg G. Chen, and Ed Sermier—in their exciting new text geared wholly to nonprofits—provide the financial tools nonprofit managers need to thrive in pursuit of mission success. Given the wide array of nonprofit managers' backgrounds and a common fear of "the financials," the authors explain financial concepts without leaning unnecessarily on intimidating jargon. The result is a practical, accessible resource the prepares the next generation of nonprofit managers in financial planning and analysis as well as conventional and entrepreneurial financial management. Grounded in real-world cases and offering plenty of opportunity for application and practice, Budgeting and Financial Management for Nonprofit Organizations helps readers develop a stable fiscal foundation and sound financial strategies for their organizations to prosper in times of economic expansion and contraction.

Financial Leadership for Nonprofit Executives

Financial Leadership for Nonprofit Executives
  • Author : Jeanne Bell,Jeanne Peters,Elizabeth Schaffer
  • Publisher : Fieldstone Alliance
  • Pages : 134
  • Relase : 2005
  • ISBN : IND:30000100446958

Financial Leadership for Nonprofit Executives Book Review:

Making sure that your nonprofit is going to be around long-term requires financial leadership. This means creating a financial vision for your organization and planning how you'll get there. Financial Leadership for Nonprofit Executives gives you the framework, specific language, and processes to lead with confidence. With it, you'll learn how to protect and grow the assets of your organization and accomplish as much mission as possible with those resources. The good news is you don't have to be a trained accountant, earn an MBA, or have run a for-profit business in another lifetime. You already have many of the skills it takes to be a financial leader. This useful guide makes the process understandable and doable. You'll find clear, logical steps to learn how to get accurate financial data?in a format you can understand; use financial data to evaluate your organization's health; plan around a set of meaningful financial goals; and communicate progress on these goals to your staff, board, and external stakeholders. You'll also find five foundational financial leadership principles; three overarching questions every financial leader needs to be able to answer (and where to find those answers); two fundamental budgeting principles; and five steps to building a strong annual budget. At the end of each chapter is an evaluation tool. You can rate how your organization is doing relative to the component of financial leadership covered in each chapter. Each attribute is scored as being red, yellow, or green. ?Red” items are below standard and require immediate attention; ?yellow” items are widely practiced though not generally ideal; and ?green” items are considered best practice. Over time, as you and your partners on the board and staff move the organization toward ?green” in each of these areas, you will create an environment in which financial leadership can flourish.

Financing Nonprofit Organizations

Financing Nonprofit Organizations
  • Author : Inigo Garcia-Rodriguez,M. Elena Romero-Merino
  • Publisher : Routledge
  • Pages : 194
  • Relase : 2020-01-23
  • ISBN : 9780429560439

Financing Nonprofit Organizations Book Review:

The financial issues of nonprofit organizations (NPOs) have increased their importance in recent years, especially after the last global economic downturn. In this way, NPOs have been threatened by a reduction of income, while their work and expenses have not decreased. In this book, the editors bring together several topics that the academic literature has previously addressed, connecting them to each other and evaluating how all these issues are interrelated. Financing Nonprofit Organizations analyses the state of art of all these financial topics and the consequences of the last economic crisis. It dives into the interrelations of these concepts to suggest lines of future research and to reflect on the future of the different sources of funding of the NPOs. It will be of interest to students, practitioners, and researchers interested in initiating and updating their knowledge in the growing field of the financial aspects of the NPOs.

Nonprofit Sustainability

Nonprofit Sustainability
  • Author : Jeanne Bell,Jan Masaoka,Steve Zimmerman
  • Publisher : John Wiley & Sons
  • Pages : 208
  • Relase : 2010-11-05
  • ISBN : 047088696X

Nonprofit Sustainability Book Review:

Praise for NONPROFIT SUSTAINABILITY "This is much more than a financial how-to book. It's a nonprofit's guide to empowerment. It demystifies mission impact and financial viability using The Matrix Map to provide strategic options for any organization. A must-read for every nonprofit CEO, CFO, and board member." —Julia A. McClendon, chief executive officer, YWCA Elgin, Illinois "This book should stay within easy reaching distance and end up completely dog-eared because it walks the reader through a practical but sometimes revelatory process of choosing the right mix of programs for mission impact and financial sustainability. Its use is a practice in which every nonprofit should engage its board once a year." —Ruth McCambridge, editor in chief, The Nonprofit Quarterly "Up until a few years ago, funding and managing a nonprofit was a bit like undertaking an ocean voyage. Now, it's akin to windsurfing—you must be nimble, prepared to maximize even the slightest breeze, and open to modifying your course at a moment's notice. Innovative executive directors or bold board members who want their organization to be able to ride the big waves of the new American economy must read this book." —Robert L. E. Egger, president, DC Central Kitchen/Campus Kitchens Project/V3 Campaign "Most nonprofits struggle to find a long-term sustainable business model that will enable them to deliver impact on their mission. Thanks to Jeanne Bell, Jan Masaoka, and Steve Zimmerman help is now in sight. This book offers practical, concrete steps you can take to develop your own unique path to sustainability without compromising your mission." —Heather McLeod Grant, consultant, Monitor Institute, and author, Forces for Good: The Six Practices of High-Impact Nonprofits "At last! An urgently needed framework to prepare leaders to meet head-on the persistent twin challenges of impact and sustainability. This is a practical tool based on good business principles that can bring boards and staff members together to lead their organizations to sustainable futures." —Nora Silver, adjunct professor and director, Center for Nonprofit and Public Leadership, Haas School of Business, University of California, Berkeley "Together, Jeanne Bell, Jan Masaoka, and Steve Zimmerman equal wisdom, experience, and know-how on sustainability and lots of other things. Buy, read, and learn from this terrific book!" —Clara Miller, president and CEO, Nonprofit Finance Fund "Wisdom, experience, and know-how. Buy, read, and learn from this terrific book!" —Clara Miller, president and CEO, Nonprofit Finance Fund

Nonprofit Finance

Nonprofit Finance
  • Author : Sheila Shanker
  • Publisher : CreateSpace
  • Pages : 204
  • Relase : 2015-02-03
  • ISBN : 150599540X

Nonprofit Finance Book Review:

Written by a CPA, this book guides you through the nonprofit sector with a practical focus on finance and accounting areas. If you ever wonder what a "release from restrictions" or a "Statement of Functional Expenses" is, this book is for you. It includes taxes, internal controls, and OMNI Circular issues.--Cover

Understanding Nonprofit Law and Finance

Understanding Nonprofit Law and Finance
  • Author : Erik Estrada
  • Publisher : Rowman & Littlefield
  • Pages : 292
  • Relase : 2019-08-23
  • ISBN : 9781538126936

Understanding Nonprofit Law and Finance Book Review:

A quick-hitting professional resource of 48 core legal and financial principles for anyone sitting on a nonprofit board. The 24 legal questions and 24 financial questions provide nonprofit leaders with a framework for understanding the key issues that are likely to affect their current or future roles in the nonprofit sector.

How to Read Nonprofit Financial Statements

How to Read Nonprofit Financial Statements
  • Author : Andrew S. Lang,Tammy Ricciardella,William D. Eisig,Lee Klumpp
  • Publisher : John Wiley & Sons
  • Pages : 272
  • Relase : 2017-03-13
  • ISBN : 9781118976692

How to Read Nonprofit Financial Statements Book Review:

"The current nonprofit accounting standards have been in place for 20 years. Recently, the FASB nonprofit accounting committee (NAC) agreed to significantly update the standards for nonprofit financial reporting. These changes will be formalized and released to the industry in late 2015. In addition to walking readers line by line through the financial reports key to every nonprofit organization, this edition will include the new FASB standards with detailed a explanation of what they are and how to implement them correctly. The authors have deep knowledge of the FASB standards and forthcoming changes and will share their insider knowledge with readers. The new standards will focus on: 1) Reporting model for the statement of activities, 2.Net asset classification, 3.Statement of cash flows, 4.Financial statement disclosures and 5. New footnote disclosures for improving financial statement relevance and understandability"--

Streetsmart Financial Basics for Nonprofit Managers

Streetsmart Financial Basics for Nonprofit Managers
  • Author : Thomas A. McLaughlin
  • Publisher : John Wiley & Sons
  • Pages : 288
  • Relase : 2009-03-23
  • ISBN : 0470480793

Streetsmart Financial Basics for Nonprofit Managers Book Review:

Praise for Streetsmart Financial Basics for Nonprofit Managers, Third Edition "Tom McLaughlin is a proven master at making the daunting concepts of nonprofit financial management clear and engaging. This book is a superb introduction for new nonprofit executives, board members, and students. It is also an excellent refresher and reference for those of us who have been around the nonprofit sector for a while. It is well written, concise, and thought provoking." —J. Gregory Dees, Professor of the Practice of Social Entrepreneurship and Nonprofit Management at Duke University's Fuqua School of Business, and coauthor of Enterprising Nonprofits and Strategic Tools for Social Entrepreneurs "A very practical guide to understanding and managing the finances of a nonprofit organization. As nonprofits strive for greater accountability, Tom McLaughlin's real-world examples and accessible style make this book indispensable for nonprofit executives, managers, and board members at organizations of any size." —Gordon J. Campbell, President and CEO, United Way of New York City "Tom McLaughlin's powerful book is far more than a useful tool. It provides the philosophical approach to instill strong stewardship and future viability to those in the world of nonprofits. He takes apart the complex issues of nonprofit stewardship just as Einstein translated relativity into a simple equation. Purely masterful." —Jim Mellor, Senior VP, Chief Financial Officer, YMCA of the USA Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.

Financing Nonprofits

Financing Nonprofits
  • Author : Dennis R. Young
  • Publisher : Rowman Altamira
  • Pages : 428
  • Relase : 2007
  • ISBN : 0759109893

Financing Nonprofits Book Review:

Nonprofits often struggle financially, overwhelmed by the need to muster a complex combination of income streams that range from grants and government funding to gifts-in-kind and volunteer labor. Financing Nonprofits draws upon a growing body of scholarship in economics and organizational theory to offer a conceptual framework for understanding this diverse mix of financing sources. By applying theory, readers can understand when a nonprofit organization should pursue particular sources of income and how it should manage its portfolio of income from different sources. Organized under the auspices of the National Center on Nonprofit Enterprise, Financing Nonprofits argues that those who would manage nonprofit organizations must first develop a conceptual framework through which they can understand the complicated and fast-paced landscape surrounding nonprofit decision-making. It offers a piece by piece analysis of the many potential components of nonprofit operating income, including a detailed study on how to accumulate the capital needed for major infrastructure projects or endowments and an examination of how to maintain a healthy investment profile once sufficient capital exists. By melding theory with practice, Young and the other contributors to Financing Nonprofits have created a volume that will serve as a practical guide to financing strategies for executive directors, CFOs, and board members of nonprofit organizations in a wide variety of fields; as a text for graduate students in nonprofit finance; and as a source of ideas for researchers to continue to probe and illuminate the many subtle issues associated with finding the right mix of resources to support the essential work of nonprofit organizations in our society.

Financial Management for Nonprofit Organizations

Financial Management for Nonprofit Organizations
  • Author : John Zietlow,Jo Ann Hankin,Alan Seidner,Tim O'Brien
  • Publisher : John Wiley & Sons
  • Pages : 768
  • Relase : 2018-03-22
  • ISBN : 9781119382614

Financial Management for Nonprofit Organizations Book Review:

Essential tools and guidance for effective nonprofit financial management Financial Management for Nonprofit Organizations provides students, professionals, and board members with a comprehensive reference for the field. Identifying key objectives and exploring current practices, this book offers practical guidance on all major aspects of nonprofit financial management. As nonprofit organizations fall under ever-increasing scrutiny and accountability, this book provides the essential knowledge and tools professional need to maintain a strong financial management system while serving the organization’s stated mission. Financial management, cash flow, and financial sustainability are perennial issues, and this book highlights the concepts, skills, and tools that help organizations address those issues. Clear guidance on analytics, reporting, investing, risk management, and more comprise a singular reference that nonprofit finance and accounting professionals and board members should keep within arm’s reach. Updated to reflect the post-recession reality and outlook for nonprofits, this new edition includes new examples, expanded tax-exempt financing material, and recession analysis that informs strategy going forward. Articulate the proper primary financial objective, target liquidity, and how it ensures financial health and sustainability Understand nonprofit financial practices, processes, and objectives Manage your organization’s resources in the context of its mission Delve into smart investing and risk management best practices Manage liquidity, reporting, cash and operating budgets, debt and other liabilities, IP, legal risk, internal controls and more Craft appropriate financial policies Although the U.S. economy has recovered, recovery has not addressed the systemic and perpetual funding challenges nonprofits face year after year. Despite positive indicators, many organizations remain hampered by pursuit of the wrong primary financial objective, insufficient funding and a lack of investment in long-term sustainability; in this climate, financial managers must stay up-to-date with the latest tools, practices, and regulations in order to serve their organization’s interests. Financial Management for Nonprofit Organizations provides clear, in-depth reference and strategy for navigating the expanding financial management function.

Financing Nonprofit Organizations

Financing Nonprofit Organizations
  • Author : Inigo Garcia-Rodriguez,M. Elena Romero-Merino
  • Publisher : Routledge
  • Pages : 194
  • Relase : 2020-01-23
  • ISBN : 9780429555961

Financing Nonprofit Organizations Book Review:

The financial issues of nonprofit organizations (NPOs) have increased their importance in recent years, especially after the last global economic downturn. In this way, NPOs have been threatened by a reduction of income, while their work and expenses have not decreased. In this book, the editors bring together several topics that the academic literature has previously addressed, connecting them to each other and evaluating how all these issues are interrelated. Financing Nonprofit Organizations analyses the state of art of all these financial topics and the consequences of the last economic crisis. It dives into the interrelations of these concepts to suggest lines of future research and to reflect on the future of the different sources of funding of the NPOs. It will be of interest to students, practitioners, and researchers interested in initiating and updating their knowledge in the growing field of the financial aspects of the NPOs.

Understanding Nonprofit Finances

Understanding Nonprofit Finances
  • Author : Michael K. Wells
  • Publisher : Continuing Education Press
  • Pages : 224
  • Relase : 2006-03-30
  • ISBN : 0876781199

Understanding Nonprofit Finances Book Review:

Explains why understanding how a budget works is a key part of any grant proposal, and instructs the grantwriting professional in how to present the budget clearly and tie it to the narrative.

Nonprofit Law & Finance Essentials e-book set

Nonprofit Law & Finance Essentials e-book set
  • Author : Bruce R. Hopkins,Thomas A. McLaughlin,Laurence Scot
  • Publisher : John Wiley & Sons
  • Pages : 880
  • Relase : 2012-07-23
  • ISBN : 9781118478424

Nonprofit Law & Finance Essentials e-book set Book Review:

The ultimate insider guide to managing your nonprofiteffectively and protecting its mission—all in one affordablecollection This e-book bundle demystifies nonprofit laws and financialresponsibilities, providing you with the expert advice tofinancially manage your nonprofit effectively and understand itscomplex legal issues. Written by renowned nonprofit leaders BruceHopkins, Thomas McLaughlin, and Laurence Scot, the Nonprofit Lawand Finance Essentials e-book collection equips you to meet andmanage your nonprofit's legal and financial obligations withstep-by-step guidance, practical tools, and concretestrategies. Fundraising Law Made Easy/Bruce R.Hopkins—features the ins and outs of fundraising law fromnonprofit law authority Bruce Hopkins Streetsmart Financial Basics for Nonprofit Managers, ThirdEdition/Thomas A. McLaughlin—presents plain-Englishdirection for reading, interpreting, and implementing financialdata The Simplified Guide to Not-for-Profit Accounting, Formation& Reporting/Laurence Scot—offers a wealth of solidinformation for understanding nonprofit financial transactions,financial statements, and internal and external reports Learn how constitutional law, governance, and IRS auditpractices pertain to charitable fundraising. Make managementdecisions that ensure your organization's long-term financialviability. Navigate unique nonprofit accounting rules. It's all atyour fingertips with Wiley's Nonprofit Law & FinanceEssentials e-book set, equipping you with the tools to managemoney and mission.

Nonprofit Financial Management

Nonprofit Financial Management
  • Author : Charles K. Coe
  • Publisher : John Wiley & Sons
  • Pages : 242
  • Relase : 2011-06-28
  • ISBN : 9781118011324

Nonprofit Financial Management Book Review:

Nonprofit Financial Management addresses federal reporting requirements and discusses methods to decrease expenses, ensure accounting control, and increase revenues through professional cash management. It explains how to read financial statements and analyze a nonprofit's financial condition by using the most recent IRS 990 reporting form.

Finance Fundamentals for Nonprofits, with Website

Finance Fundamentals for Nonprofits, with Website
  • Author : Woods Bowman
  • Publisher : John Wiley & Sons
  • Pages : 224
  • Relase : 2011-08-09
  • ISBN : 9781118004517

Finance Fundamentals for Nonprofits, with Website Book Review:

A complete guide to the financial requirements a nonprofit organization must follow to indefinitely maintain the volume and quality of their services An organization may have plenty of capacity in the long run, but in the short run, donor restrictions and limited financing options are constraining. Here-and-now liquid assets are the only resources available. Finance Fundamentals for Nonprofits: Building Capacity and Sustainability shows how to measure a nonprofit organization's financial capacity in different time frames and how to measure its ability to sustain capacity in each case. Explains how nonprofits differ from businesses and how they promote values-centered management Reveals how to improve financial capacity and sustainability Written by a nonprofit scholar Filled with real-world case studies and actionable advice relating financial health to financial capacity and sustainability, this book is essential reading for every nonprofit professional.

Governmental and Nonprofit Financial Management

Governmental and Nonprofit Financial Management
  • Author : Charles K. Coe PhD
  • Publisher : Berrett-Koehler Publishers
  • Pages : 346
  • Relase : 2007
  • ISBN : 9781523097326

Governmental and Nonprofit Financial Management Book Review:

The first book to comprehensively discuss both governmental and nonprofit financial management! Governmental and Nonprofit Financial Management makes it easy for both nonprofit and governmental managers to understand essential governmental and nonprofit financial management topics and their various subfields. • Understand the similarities and differences between governmental and nonprofit financial management standards and procedures • Learn multiple cost-saving techniques • Explore highly technical financial management subfields, from auditing and financial analysis to capital budgeting and risk management • Use over 40 applications to calculate everything from T-bill yield to lost cash discounts • Benefit from the in-depth coverage — an excellent primer for the non-accountant Bonus! Apply what you have learned by completing problems, cases, and report writing exercises at the end of each chapter.

Nonprofit Financial Planning Made Easy

Nonprofit Financial Planning Made Easy
  • Author : Jody Blazek
  • Publisher : John Wiley & Sons
  • Pages : 256
  • Relase : 2008-02-13
  • ISBN : 0470259213

Nonprofit Financial Planning Made Easy Book Review:

Nonprofit Financial Planning Made Easy presents straightforward strategies to make financial management a more smooth and successful process. Filled with practical forms and checklists to aid you in planning and managing your organizations' financial resources, Nonprofit Financial Planning Made Easy equips your nonprofit with step-by-step solutions to the dilemmas involved in keeping financial resources and the mission in balance.

Nonprofit Finance

Nonprofit Finance
  • Author : Thad D. Calabrese
  • Publisher : Brill Research Perspectives in
  • Pages : 89
  • Relase : 2020
  • ISBN : 9004428704

Nonprofit Finance Book Review:

In Nonprofit Finance: A Synthetic Review Thad D. Calabrese reviews the current state of research on nonprofit finance. The book comprehensively addresses core finance topics with a focus on those issues that differentiate nonprofit finance from traditional finance.