Nonprofit Financial Management: Finding the Balance is a concise, approachable, and timely reference for nonprofit leaders and students alike. It covers everything you need to know to be an effective nonprofit leader driving change and making an impact in current times. Written by three scholar-practitioners with experience across a variety of industries in the nonprofit sector, we share insights on how to make informed and strategic decisions based on the effective use of financial information.
From the classroom to the boardroom, this book focuses on the skills and financial capabilities that all nonprofit managers need to possess to lead their organization forward. The approach to using this book is based on not only explaining technical aspects, but also answering the questions, “why is this information important," and "how is this critical information related to and integral to all aspects of running and governing nonprofits?"
Key topics include:
- Using financial statements to determine the fiscal health of an organization and areas for improvement
- Building a comprehensive budget that considers the priorities of key stakeholders
- Setting up strong internal controls that ensure timely reporting and fiscal best practices