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Nonprofit Success Strategies for Challenging Times
Financial Planning for Nonprofit Organizations provides practical, proven strategies to safeguard your nonprofit organization’s financial future. It coaches you in the essentials of financial planning and supplies easy-to-use tools, concepts, and techniques for the financial management of nonprofits of every size and type. Drawing upon her extensive experience in financial management for nonprofits, author Jody Blazek:
This invaluable guide is must-reading for directors, managers, trustees, accountants, lawyers, and anyone involved in the financial survival of a nonprofit organization.
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Based on the author's firsthand experience advising nonprofits, this excellent, hands-on resource presents proven, easy-to-implement strategies to make financial management a more streamlined, effective process for nonprofits of all types and sizes. Blazek avoids technical financial language and trendy business terms in favor of simple, straightforward guidance. Supplies dozens of checklists, worksheets, and forms to guide readers step-by-step through the financial planning process.From the Inside Flap:
Nonprofit Financial Planning Made Easy
"Financial planning for nonprofits, like a nonprofit's very purpose for existence, is based upon the philosophical aspirations of persons joining together to accomplish mutual goals. The very purpose for existence of a nonprofit is based on hope, sometimes on prayer, and almost always on dreams...The challenge is to stretch and balance precious resources to best accomplish the dream. Together, the two functions—performing the mission and providing the requisite resources—work in tandem to sustain the nonprofit's existence."
—From Chapter 1 of Nonprofit Financial Planning Made Easy
Are charities wisely using resources to fulfill their missions? Or, are they more concerned about the end of this year, at the future's expense? Good financial planning has always been essential for nonprofits, and nonprofit managers are beginning to realize just how essential, as they face intense competition for a shrinking fund base.
Nonprofit Financial Planning Made Easy presents straightforward strategies to make financial management a more smooth and successful process. Including a glossary of tax and financial terms unique to nonprofits, this book explores:
The process of preparing and monitoring budgets
How to monitor cash flow to maximize the yield on cash and other invest-ment assets
Financial records and the decisions an organization makes in establishing its accounting systems
Ratio analysis techniques useful in pinpointing weaknesses and identifying hidden trends
The criteria for, and the means ofobtaining and retaining, special tax treatment
Filled with practical forms and checklists to aid nonprofit managers in planning and managing their organizations' financial resources, Nonprofit Financial Planning Made Easy equips nonprofits with step-by-step solutions to the dilemmas involved in keeping financial resources and the mission in balance.
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