| |
| |
| About The Author | |
| |
| |
| Preface | |
| |
| |
| |
| Introductory Concepts | |
| |
| |
| How To Use This Book | |
| |
| |
| Attributes Of Nonprofits | |
| |
| |
| Can Nonprofits Profit? | |
| |
| |
| Meaning Of Profit | |
| |
| |
| Profit Prohibitions | |
| |
| |
| Why Seek A Profit? | |
| |
| |
| Difference Between Nonprofits And For-Profits | |
| |
| |
| Capitalization: Philanthropists Versus Investors | |
| |
| |
| Revenues: Constituents Versus Customers | |
| |
| |
| For-Profit Tools | |
| |
| |
| Pursuit Of Financial Success: Some Observations | |
| |
| |
| Be Realistic About Expectations | |
| |
| |
| Make Use Of Intangible Resources | |
| |
| |
| Nonprofit Mentality Is Often "Penny Wise And Pound Foolish" | |
| |
| |
| Financial Accounting For Nonprofits Is Different | |
| |
| |
| Producing An Audit Trail Benefits The Organization In Many Ways | |
| |
| |
| Enhancing Computer Capabilities May Not Cure Financial Ills | |
| |
| |
| Respect The Organizational Structure Or Change It | |
| |
| |
| Know Who's In Charge | |
| |
| |
| Economic Conditions Must Be Anticipated | |
| |
| |
| Long-Range Planning Is Indispensable | |
| |
| |
| Know Why The Nonprofit Organization Has Tax-Exempt Status | |
| |
| |
| Comprehensive Financial Planning Checklist | |
| |
| |
| |
| Structuring The Organization For Fiscal Strength | |
| |
| |
| Establishing The Hierarchy | |
| |
| |
| The Role Of The Board | |
| |
| |
| Standards For Directors | |
| |
| |
| Impact Of Sarbanes-Oxley | |
| |
| |
| A Director's Duties | |
| |
| |
| Reviewing Financial Reports | |
| |
| |
| Filling Board Positions | |
| |
| |
| Finding Prospects | |
| |
| |
| Staff Representation On The Board | |
| |
| |
| Compensation For Board Service | |
| |
| |
| Number Of Directors | |
| |
| |
| Role Of The Treasurer And The Cfo. | |
| |
| |
| Inside And Outside Accountants | |
| |
| |
| Financial Management Team | |
| |
| |
| Defining Inside And Outside Accountants | |
| |
| |
| Selecting Financial Reporting Services | |
| |
| |
| Understanding The Auditing Process | |
| |
| |
| When To Audit | |
| |
| |
| Review And Compilation Processes | |
| |
| |
| Requests For Proposals For Accounting Services | |
| |
| |
| Conflict-Of-Interest Policy | |
| |
| |
| Chapter 3 | |
| |
| |
| Balancing Mission And Finances | |
| |
| |
| Defining The Mission | |
| |
| |
| Mission Statement | |
| |
| |
| Prioritizing Goals | |
| |
| |
| Assessing The Resources | |
| |
| |
| Making Micro Resource Decisions | |
| |
| |
| Macro Resource Analysis | |
| |
| |
| |
| Budgeting | |
| |
| |
| Budget Planning Issues | |
| |
| |
| Balancing | |
| |
| |
| Timing | |
| |
| |
| Evolution | |
| |
| |
| Accountability | |
| |
| |
| Zero Basis Versus Incremental | |
| |
| |
| Forecasting | |
| |
| |
| Types Of Budgets | |
| |
| |
| Advantages And Disadvantages | |
| |
| |
| Who Participates In Budgeting? | |
| |
| |
| Selling The Budget | |
| |
| |
| Budget Policy Manual | |
| |
| |
| Communicating The Process | |
| |
| |
| Scheduling Budget Process | |
| |
| |
| Changing Budget Midyear | |
| |
| |
| Timing Dilemmas | |
| |
| |
| Preparing Forecasts | |
| |
| |
| Donations And Memberships | |
| |
| |
| Service Delivery Fees | |
| |
| |
| Grants And Contracts | |
| |
| |
| Investment Income | |
| |
| |
| Expenses | |
| |
| |
| Statistical Operational Data | |
| |
| |
| Sample Customer Survey | |
| |
| |
| Useful Statistics | |
| |
| |
| Capital Additions Budget | |
| |
| |
| Monitoring Variances | |
| |
| |
| Model Budgets | |
| |
| |
| Proposed Overall 20xx Budget Compared To 20xx Actual | |
| |
| |
| Functional Revenue And Expense Budget | |
| |
| |
| Member Services Budget Worksheet | |
| |
| |
| Budget Increases (Decreases) Projected For 19x7 | |
| |
| |
| Personnel Budget | |
| |
| |
| Program Cost Analysis | |
| |
| |
| Other Reports And Analysis | |
| |
| |
| A Budgeting Checklist | |
| |
| |
| |
| Asset Management | |
| |
| |
| Maximizing Resources | |
| |
| |
| Getting Resources | |
| |
| |
| Forming Alliances | |
| |
| |
| Business Income | |
| |
| |
| Planned Gifts | |
| |
| |
| Cash Flow Planning | |
| |
| |
| Understanding CPA's Cash Flow Statement | |
| |
| |
| Cyclical Fluctuations | |
| |
| |
| Designing Cash Flow Budgets | |
| |
| |
| Beyond Cash Flow Imbalances | |
| |
| |
| More Money In The Bank | |
| |
| |
| To Borrow Or Not | |
| |
| |
| Prudent Investment Planning | |
| |
| |
| Facing The Unknown | |
| |
| |
| Risk Versus return | |
| |
| |
| Investment Cycles | |
| |
| |
| Measuring Investment return | |
| |
| |
| Restricted Gifts | |
| |
| |
| Isolating Restricted Grants | |
| |
| |
| Administrative Costs | |
| |
| |
| Endowments | |
| |
| |
| Who Gets | |