Streetsmart Financial Basics for Nonprofit Managers - (Wiley Nonprofit Law, Finance and Management) 4th Edition by Thomas A McLaughlin (Paperback)

About the Book

Revised edition of the author's Streetsmart financial basics for nonprofit managers, 2009.

Book Synopsis

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.

From the Back Cover

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.

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.