The Budget-Building Book for Nonprofits PDF Download

Author: Murray Dropkin
Publisher: John Wiley & Sons
ISBN: 1118047540
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
This best-selling nuts-and-bolts workbook, now in its second edition, has become the gold standard for nonprofit managers and boards who must work through the budget cycle. The book offers practical tools and guidance for completing each step of the budgeting process. Designed to be comprehensive and easy to use, The Budget-Building Book for Nonprofits provides everything budgeters and nonfinancial managers need to prepare, approve, and implement their own budgets. Includes new chapters on Zero-Based and Capital Budgeting as well as an accompanying website with spreadsheets, worksheets and a new budget-building software, the CMS Nonprofit Budget Builder, designed to help you implement the concepts in the book. The software includes an expandable standard chart of accounts (COA) and will aid in building, organizing, tracking and planning budgets.

Author: Murray Dropkin
Publisher: Jossey-Bass
ISBN:
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
Well-prepared and sound budgets are essential for effective management of nonprofit organizations. This concept "came to life" for us over thirty years ago and is the foundation of The Budget-Building Book for Nonprofits. Our client was a community based nonprofit organization running a number of pre-school programs in a county in the Northeast. The programs were in complete chaos due to poor management and the community was ...

Author: Lynne A. Weikart
Publisher: Waveland Press
ISBN: 1478649526
Category : Political Science
Languages : en
Pages : 334

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Book Description
A nonprofit’s mission cannot be achieved unless there are resources available to fund it—without a sound financial strategy, a nonprofit cannot thrive. By creating stable financial foundations for their nonprofits, managers take advantage of the nonprofit sector’s size and scope, realize all of the sources and distribution of revenues, and effectively develop fiscal risk assessment methods and apply strategies to mitigate risk. Nonprofit managers must comprehend and efficiently use the financial tools available to them to develop financial policies that will help them to succeed in many types of economies. The Second Edition presents financial concepts in a straightforward format grounded in real examples that are readily accessible to students from any background. The authors provide the groundwork for solid accounting principles and ethical guidelines, define and set standards for internal controls and audits, and explain the ingredients used to measure program performance. Today’s nonprofits must also be aware of the growing scope of the fourth sector of social enterprise, which can inspire nonprofits to be flexible, creative, and innovative in achieving their missions.

Author: Murray Dropkin
Publisher: Jossey-Bass
ISBN: 9780787953850
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
The first and only guide of its kind to offer nonprofit executiveshelp with the vital task of cash flow management! Murray Dropkin--an expert in the field of nonprofit accounting andauthor of The Budget-Building Book for Nonprofits--reveals how tocreate an effective plan for cash flow management. Thisunprecedented guide offers you nuts-and-bolts suggestions for usingthis plan to develop successful strategies for the day-to-day andlong-term financial planning of any nonprofit organization. Filledwith to-do lists, sample forms, worksheets, schedules, policies andprocedures, and checklists, The Cash Flow Management Book forNonprofits is a fundamental financial management toolkit fornonprofit managers and board members.

Author: Jeanne Bell
Publisher: Turner Publishing Company
ISBN: 1618589113
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
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.

Author: Susan Schaefer
Publisher:
ISBN: 9781941050132
Category : Business & Economics
Languages : en
Pages : 436

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Book Description
Nonprofit Board Service for the GENIUS is a first-of-its kind reference for the millions of people who are seeking to serve on a nonprofit board or already serve on one. It is a fun, informative read that candidly highlights a board member's ups and downs. Perfect for the novice, the veteran who needs a refresher, or the executive director looking to take the group to a higher level; it has been acclaimed by experts as the resource that the sector been waiting for. The book takes the reader through the process of searching for a board, the first year of membership, into the leadership realm, and beyond. It is ideal for these purposes: Decision-making tool for finding the right board Board orientation takeaway Board meeting reference Board development resource Executive director training Nonprofit training text The book and its appendices contain a number of templates and sample documents that will help any nonprofit strengthen its value. Nonprofit Board Service for the GENIUS moves sequentially through the stages of nomination, early candidacy, and more advanced topics: Part 1: Board Service with Your Eyes Wide Open Chapter 1: Why Would Anyone Want to Serve on a Nonprofit Board? Chapter 2: Board Basics Chapter 3: Just the Facts Chapter 4: Finding the Right Match Chapter 5: Getting From Here to There: From Candidate to Board Member Part 2: Hit the Ground Running Chapter 6: Ready, Set, Action Wait, Who Does What? Chapter 7: Board Anatomy 101 Chapter 8: Bylaws, Articles of Incorporation, 990s...Oh My Chapter 9: Creating a Roadmap: Strategic Thinking and Planning Part 3: Digging In Chapter 10: Budgets: A Financial Blueprint Chapter 11: Other Fun Financials Chapter 12: From Ambassador to Advocate Chapter 13: The "F" Word: Fundraising Chapter 14: Risk Management: Covering Your Assets Chapter 15: Measuring Organizational Success: The Board's Role Part 4: Behind the Curtain Chapter 16: Board Recruitment: The Dating Game Chapter 17: Orientation: An Essential Beginning Chapter 18: Make Meetings Magical Part 5: The Care and Feeding of Your Leaders Chapter 19: ED-Chair Partnership: The Dynamic Duo Chapter 20: Supporting and Evaluating the ED Chapter 21: Hiring and Firing the ED Chapter 22: What If Your Leaders Flee to Cancun? Chapter 23: Founders and Long-Time Leaders Part 6: Taking the Reins Chapter 24: Assessing the Board's Performance Chapter 25: Keeping Board Members Engaged and Connected Chapter 26: When Things Go Awry Chapter 27: Board Culture: Boards Are People Too Appendices include a sample board commitment form, individual board member fundraising plan, conflict of interest policy, whistleblower policy, document retention and destruction policy, and executive director evaluation. Nonprofit Board Service for the GENIUS is a must-have guide for these groups: Executive directors looking to propel the board to the next level Community members interested in exploring board service Novice board members driven to learn more Veteran board members who would like to brush up on basics or take on a leadership post With real examples of inspiration and what to avoid, the book's vignettes show that board work takes time and commitment, but enables creativity and provides immense personal and professional benefits and opportunities. Its spirited tone will follow readers to the boardroom and into communities around the country.

Author: Leslie R. Crutchfield
Publisher: John Wiley & Sons
ISBN: 1118118804
Category : Business & Economics
Languages : en
Pages : 469

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Book Description
An updated edition of a groundbreaking book on best practices for nonprofits What makes great nonprofits great? In the original book, authors Crutchfield and McLeod Grant employed a rigorous research methodology derived from for-profit books like Built to Last. They studied 12 nonprofits that have achieved extraordinary levels of impact—from Habitat for Humanity to the Heritage Foundation—and distilled six counterintuitive practices that these organizations use to change the world. Features a new introduction that explores the new context in which nonprofits operate and the consequences for these organizations Includes a new chapter on applying the Six Practices to small, local nonprofits, including some examples of these organizations Contains an update on the 12 organizations featured in the original book—how they have fared, what they've learned, and where they are now in their growth trajectory This book has lessons for all readers interested in creating significant social change, including nonprofit managers, donors, and volunteers.

Author: John Zietlow
Publisher: John Wiley & Sons
ISBN: 1119382599
Category : Business & Economics
Languages : en
Pages : 770

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Book Description
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.

Author: Jason Saul
Publisher: Fieldstone Alliance
ISBN: 0940069431
Category : Business & Economics
Languages : en
Pages : 114

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Book Description
The no-cost way to improve your organization on a daily basis Most nonprofits are already benchmarking informally. This unique book defines a formal way to benchmark. You'll learn how to prepare your organization, measure performance, and implement best practices as well as learning the five key steps of benchmarking, the arguments against benchmarking--and why you should disregard them, how benchmarking differs from evaluation and assessment, how to form a benchmarking team, how to create a "success equation" that helps you measure your organization's performance, how to make sure to measure what matters, how to choose your benchmarking partners--and what you can learn from the "wrong" partner, and how to overcome staff resistance to benchmarking. Practical tools help you benchmark what matters Real-world examples illustrate benchmarking in action. Exercises and worksheets guide you through processes such as drafting a benchmarking plan; identifying and analyzing the things in your organization that need improvement; prioritizing which processes to focus on; identifying your CTQ (critical to quality) outcomes; and more. The way to survive as a nonprofit in today's market is to thrive. With so many organizations seeking the same dollars, only the best will endure. Benchmarking ensures that your organization is always operating at peak performance. It's something you can't afford not to do--especially since you can do it for free!

Author: Stan Hutton
Publisher: John Wiley & Sons
ISBN: 0470595736
Category : Business & Economics
Languages : en
Pages : 346

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Book Description
Tips and techniques to help your nonprofit thrive in any economy Due to the recent downturn in the economy, a significant number of nonprofit organizations have experienced a major decrease in funding and contributions. Nonprofit Kit for Dummies, 3rd Edition caters to these organizations and shows you how your nonprofit can thrive and survive even in the current economic climate. With 25% new and revised material, Nonprofit Kit For Dummies, 3rd Edition offers new tips and information on everything you need to navigate the process of setting up and effectively running a nonprofit organization. Covers raising money, applying for grants, and developing the perfect mission statement Details on how state laws vary; conducting program evaluations; and conforming to accounting standards CD includes forms, worksheets, templates, and more Whether you're thinking about starting your own nonprofit or are already working in the sector, Nonprofit Kit For Dummies, 3rd Edition is a valuable source for getting the latest information and practical advice on running a prosperous nonprofit organization.