An organization may have plenty of capacity in the long run, but in the short run, donor restrictions and limited financing options are constraining. Here-and-now liquid assets are the only resources available. Finance Fundamentals for Nonprofits: Building Capacity and Sustainability shows how to measure a nonprofit organization's financial capacity in different time frames and how to measure its ability to sustain capacity in each case.
Filled with real-world case studies and actionable advice relating financial health to financial capacity and sustainability, this book is essential reading for every nonprofit professional.
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WOODS BOWMAN, PhD, is a Professor of Public Service at DePaul University who brings to the classroom a range of experience in public finance and a passion for ethical governance. He is the former CFO of Cook County, a former member of the House of Representatives, Illinois General Assembly, from 1977?1990, and former chair of the Appropriations II Committee. He is a board member of the Association for Research on Nonprofit Organizations and Voluntary Action. He received the Chairman's Award from Goodwill Industries International for his service to a local affiliate. His articles have appeared in Nonprofit Management and Leadership and Nonprofit and Voluntary Sector Quarterly. In addition, Dr. Bowman writes a column on ethics for the Nonprofit Quarterly.
What is the nonprofit equivalent of profit? Should nonprofits try to maximize it, the way businesses strive to boost revenue? Rich with practicality, Finance Fundamentals for Nonprofits: Building Capacity and Sustainability clearly lays out the best practices and solid finance principles you need to understand the business of being nonprofit.
Public finance expert Woods Bowman starts by looking at the two essential dimensions of financial health?capacity, an ability to do things and withstand unexpected shocks, and sustainability, the maintenance of financial capacity?explaining how to measure your nonprofit's financial capacity in different time frames and then measure its ability to sustain that capacity.
Along with a companion website featuring a variety of online tools, this hands-on guide explores topics, including:
Accrual accounting, highlighting treatment of non-commercial (alternative) income
The legal and management issues an endowment raises
How to configure budgets to conform to nonprofit accounting rules
Reconciling budgets with both financial statements and the IRS Form 990
How federal tax law classifies tax-exempt institutions
Ordinary service providers
Membership associations
Endowed service providers
Grantmakers
How producers of goods and services can improve sustainability through revenue management
The ethical duties of nonprofits
Filled with real-world case studies, this user-friendly, jargon-free guide uniquely blends business and public service perspectives on nonprofit financial management, providing you with the know-how and confidence you need to establish the financial capacity your nonprofit's mission requires?and sustaining it over time.
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Spese di spedizione:
EUR 3,72
In U.S.A.
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Descrizione libro Hardback. Condizione: New. New copy - Usually dispatched within 4 working days. A complete guide to the financial requirements a nonprofit organization must follow to indefinitely maintain the volume and quality of their services An organization may have plenty of capacity in the long run, but in the short run, donor restrictions and limited financing options are constraining. Codice articolo B9781118004517
Descrizione libro Condizione: New. Codice articolo 10545519-n
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