Book Description
Essential, accessible guidelines for interpreting and using financial information "A wonderful resource for nonprofit managers and board members alike. It hits the mark by simplifying accounting concepts and providing practical advice that can help nonprofits achieve a higher degree of accountability." Paula Van Ness, President and CEO, Make-A-Wish Foundation® of America "After thirty-three years of managing in the nonprofit sector, I find I could have used the information in Streetsmart when I first began my career. The book is a must-read for anyone interested in the effective management of nonprofit organizations." George W. Kessinger, President and CEO, Goodwill Industries International, Inc. "The first edition of McLaughlins book was a masterpiececlearly written, concise, and insightful. These traits also characterize the Second Edition. This is an excellent text for students and also a reference that every nonprofit professional should have on their bookshelf." Norman A. Dolch, PhD, Director of the Nonprofit Programs and Professor of Sociology Louisiana State University in Shreveport "Tom McLaughlin contributes a valuable tool to those working for the betterment of society in the nonprofit fields: an important, highly readable, intelligent review of those issues which determine success and failure. All too often, well-meaning nonprofit managers find their organizations in constant crisis due to their mission-focus and mission-drive to the detriment of sound financial management. Streetsmart Financial Basics is a fast way of balancing management skills short of returning for an MBA." Jeffrey R. Solomon, PhD, President, The Andrea and Charles Bronfman Philanthropies The Second Edition of this popular resource explains in plain English how to read, interpret, and implement financial data from bookkeepers and accountants to make management decisions that ensure an organizations long-term financial viability. Organized into four distinct partsAnalysis, Accounting, Operations, and Controlthis book offers a host of hands-on resources for managers, including: A CD-ROM containing spreadsheet templates for financial reports, word-processing checklists, sample documents, and real-world examples of management in action Dozens of easy-to-read charts, tables, checklists, and instructive sidebars Inserted text boxes highlighting supplemental information Special comments in the narrative linking the material to personal financial management matters
Download Description
Provides essential, accessible guidelines for interpreting and using financial information. Explains in plain English how to read, interpret, and implement financial data from bookkeepers and accountants to make management decisions that ensure an organization's long-term financial viability.
Book Info
Provides essential, accessible guidelines for interpreting and using financial information. Explains in plain English how to read, interpret, and implement financial data from bookkeepers and accountants to make management decisions that ensure an organization's long-term financial viability. Softcover. CD-ROM included.
From the Back Cover
Essential, accessible guidelines for interpreting and using financial information "A wonderful resource for nonprofit managers and board members alike. It hits the mark by simplifying accounting concepts and providing practical advice that can help nonprofits achieve a higher degree of accountability." Paula Van Ness, President and CEO, Make-A-Wish Foundation® of America "After thirty-three years of managing in the nonprofit sector, I find I could have used the information in Streetsmart when I first began my career. The book is a must-read for anyone interested in the effective management of nonprofit organizations." George W. Kessinger, President and CEO, Goodwill Industries International, Inc. "The first edition of McLaughlins book was a masterpiececlearly written, concise, and insightful. These traits also characterize the Second Edition. This is an excellent text for students and also a reference that every nonprofit professional should have on their bookshelf." Norman A. Dolch, PhD, Director of the Nonprofit Programs and Professor of Sociology Louisiana State University in Shreveport "Tom McLaughlin contributes a valuable tool to those working for the betterment of society in the nonprofit fields: an important, highly readable, intelligent review of those issues which determine success and failure. All too often, well-meaning nonprofit managers find their organizations in constant crisis due to their mission-focus and mission-drive to the detriment of sound financial management. Streetsmart Financial Basics is a fast way of balancing management skills short of returning for an MBA." Jeffrey R. Solomon, PhD, President, The Andrea and Charles Bronfman Philanthropies The Second Edition of this popular resource explains in plain English how to read, interpret, and implement financial data from bookkeepers and accountants to make management decisions that ensure an organizations long-term financial viability. Organized into four distinct partsAnalysis, Accounting, Operations, and Controlthis book offers a host of hands-on resources for managers, including: A CD-ROM containing spreadsheet templates for financial reports, word-processing checklists, sample documents, and real-world examples of management in action Dozens of easy-to-read charts, tables, checklists, and instructive sidebars Inserted text boxes highlighting supplemental information Special comments in the narrative linking the material to personal financial management matters
About the Author
THOMAS A. McLAUGHLIN has over twenty-five years of nonprofit experience as a nonprofit manager, trade association executive, and consultant. He is a nonprofit management consultant with Grant Thornton, LLP in Boston.
Streetsmart Financial Basics for Nonprofit Managers FROM THE PUBLISHER
A complete, hands-on guide to nonprofit financial management, Streetsmart Financial Basics for Nonprofit Managers makes it easier than ever for smart, dedicated nonfinancial managers like you to acquire the basic financial knowledge you need to make sound business decisions. Written by Thomas McLaughlin, a veteran nonprofit manager and consultant to numerous nonprofit organizations, it features friendly, informal, easy-to-understand explanations of all the essentials from balance sheets and cost analyses to budgeting and cost control. Short on complex math and technical jargon and long on practical guidance and real-world solutions, Streetsmart Financial Basics for Nonprofit Managers gets you up and running in no time with everything you need to know to read and interpret financial information, analyze and control costs, develop budgets and financial plans, and much more. Tom McLaughlin helps shorten the learning curve by centering his discussions around IRS Form 990 - the government form which drives virtually all nonprofit accounting and financial reporting in the United States. He not only makes crystal clear the basic logic behind nonprofit financial reporting, but also bridges the gaps between different types of nonprofits, making this a book that can be used by managers working in organizations ranging from health and social service agencies to churches and trade associations.