Nonprofit Financial Planning Made Easy
An essential guide to understanding the basics ofnonprofit financial planning, written by a well-known and respected name in the field\ Nonprofit Financial PlanningMade Easy provides proven and practical techniques to improve your nonprofit's financial planning. Drawing upon her extensive experience in the financial management of nonprofits, author and nonprofit financial expert Jody Blazek:\ \ Discusses how to structure your organization for fiscal strength\ Arms readers with easy-to-use...
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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 EasyAre 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 budgetsHow to monitor cash flow to maximize the yield on cash and other invest-ment assetsFinancial records and the decisions an organization makes in establishing its accounting systemsRatio analysis techniques useful in pinpointing weaknesses and identifying hidden trendsThe criteria for, and the means ofobtaining and retaining, special tax treatmentFilled 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.
List of ExhibitsCh. 1Introductory Concepts1Ch. 2Structuring the Organization for Fiscal Strength27Ch. 3Financing the Dream55Ch. 4Budgeting65Ch. 5Asset Management101Ch. 6Nonprofit Accounting137Ch. 7Special Financial Tools185Ch. 8Obtaining and Maintaining Tax-Exempt Status217Appendix247Glossary251Bibliography263Index267
