Streetsmart Financial Basics for Nonprofit Managers: Edition 4

Sold by John Wiley & Sons
Free sample

The complete guide to the basics of nonprofit financial management

Let's be honest. Most books about financial management are densely written, heavy on jargon, and light on practicality. Expert financial consultant and author Tom McLaughlin takes a different approach with his fourth edition of Streetsmart Financial Basics for Nonprofit Managers. This comprehensive guide provides effective, easy-to-use tips, tools, resources, and analyses.

The light, humorous tone in Streetsmart Financial Basics for Nonprofit Managers makes it an accessible resource for nonprofit executives, board members, students, and those new to the field. This book forgoes useless, pretentious verbiage in order to outline real-world strategies that work. This edition includes:

  • New insights, updates, vignettes, case studies, and examples to deal with the implications of nonprofit financial management
  • An examination of nonprofit business models in relation to growing demands from the government and other funders
  • How to construct business plans for virtually any nonprofit entity
  • Customizable resources—including financial worksheets, forms, and Excel templates to help nonprofit managers complete their day to day assignments
  • A guided tour through common aspects of nonprofit management, such as financial analysis, accounting, and operations

Practical and informative, Streetsmart Financial Basics for Nonprofit Managers is the go-to financial management reference for nonprofit managers, boards of directors, and funders.

Read more

About the author

THOMAS A. MCLAUGHLIN is the founder of McLaughlin & Associates, a nonprofit consulting firm. He is a contributing editor for the NonProfit Times, and he taught financial management and strategic management to mission-based MBA and international students at Boston University and Brandeis University for 28 years.

Read more
Loading...

Additional Information

Publisher
John Wiley & Sons
Read more
Published on
Feb 23, 2016
Read more
Pages
368
Read more
ISBN
9781119061328
Read more
Language
English
Read more
Genres
Business & Economics / General
Business & Economics / Nonprofit Organizations & Charities / Finance & Accounting
Read more
Content Protection
This content is DRM protected.
Read more
Read Aloud
Available on Android devices
Read more

Reading information

Smartphones and Tablets

Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.

Laptops and Computers

You can read books purchased on Google Play using your computer's web browser.

eReaders and other devices

To read on e-ink devices like the Sony eReader or Barnes & Noble Nook, you'll need to download a file and transfer it to your device. Please follow the detailed Help center instructions to transfer the files to supported eReaders.
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

 Have you ever known a person elected as treasurer who works into the wee hours to keep their association or club finances in perfect balance? Whether using an abacus, stones, a calculator, or fingers and toes, the job is all about being able to answer basic questions about the financial assets of the association.

 

The fundamental nature of the treasurer’s position is more closely linked to the size of the association than any of the other leadership positions. The treasurer of a local club will likely be the sole keeper of the association’s financial records and perform all of the tasks associated with the position, while the treasurer of a large national association will probably never write a check or make a deposit. We refer to the treasurer who performs the financial tasks as the practicing treasurer, and the treasurer who works with a paid staff who performs the financial tasks as the fiduciary treasurer. Whatever the tasks, all treasurers have the responsibility to serve as the elected custodian of the association’s funds.

 

Like the other tools in the Great Leaders Collection, there  are two sections: a front section that explains how to make the financial handoff from one treasurer to another, basic records, and instructions for conducting audits, creating budgets, and other financial reports; the back section contains forms and templates for invoices, receipts, reimbursements, and a variety of reports. Sample financial policies are also included.

 

Where procedural rules are quoted, they are substantially in conformance with the rules contained in Robert's Rules of Order Newly Revised, eleventh edition (Da Capo Press 2011), also called RONR, and American Institute of Parliamentarians Standard Code of Parliamentary Procedure (McGraw Hill, 2012), also called AIPSC. However, for clarity and ease of use by the average member, some of the more detailed points of these books have been omitted. For complex situations, we suggest that the reader refer to the association's specific parliamentary authority. Additional information has been included that is based on the author's experience with boards of directors and organizations throughout the country.

 

A Great Meeting Needs a Great Treasurer is the perfect resource for the treasurer.

The complete guide to the basics of nonprofit financial management

Let's be honest. Most books about financial management are densely written, heavy on jargon, and light on practicality. Expert financial consultant and author Tom McLaughlin takes a different approach with his fourth edition of Streetsmart Financial Basics for Nonprofit Managers. This comprehensive guide provides effective, easy-to-use tips, tools, resources, and analyses.

The light, humorous tone in Streetsmart Financial Basics for Nonprofit Managers makes it an accessible resource for nonprofit executives, board members, students, and those new to the field. This book forgoes useless, pretentious verbiage in order to outline real-world strategies that work. This edition includes: New insights, updates, vignettes, case studies, and examples to deal with the implications of nonprofit financial management An examination of nonprofit business models in relation to growing demands from the government and other funders How to construct business plans for virtually any nonprofit entity Customizable resources—including financial worksheets, forms, and Excel templates to help nonprofit managers complete their day to day assignments A guided tour through common aspects of nonprofit management, such as financial analysis, accounting, and operations

Practical and informative, Streetsmart Financial Basics for Nonprofit Managers is the go-to financial management reference for nonprofit managers, boards of directors, and funders.

©2018 GoogleSite Terms of ServicePrivacyDevelopersArtistsAbout Google
By purchasing this item, you are transacting with Google Payments and agreeing to the Google Payments Terms of Service and Privacy Notice.