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| List of Exhibits | |
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| Preface | |
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| Acknowledgments | |
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| The Authors | |
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| Introduction | |
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| Cash Flow Management: Overview | |
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| The Importance of Proper Cash Flow Management | |
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| How Can Nonprofits Benefit from Effective Cash Flow Management? | |
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| What Issues Are Important in Cash Flow Management? | |
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| Who Will Benefit from a Better Understanding of Cash Flow Management? | |
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| Who Should Be Involved in Cash Flow Management? | |
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| An Example | |
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| Types of Nonprofit Income: Financial and Cash Flow Management Considerations | |
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| Classifying Income | |
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| Managing Donated Income and Resources | |
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| Managing Earned Income | |
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| Managing Asset-Generated Income | |
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| Which Chapters in This Book Are Most Relevant to Your Organization? | |
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| Cash Flow Management and Internal Controls: An Overview | |
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| The Control Environment | |
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| Cash Receipts | |
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| Receivables | |
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| Cash Disbursements | |
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| Petty Cash | |
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| Bonding | |
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| Investments | |
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| Payroll | |
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| Inventory | |
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| Property and Equipment | |
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| Using Policies, Forecasts, Budgets, Strategies, and Technology to Improve Cash Flow Management | |
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| Cash Flow Policy and Procedure Development | |
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| General Guidelines for Policy Development | |
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| Characteristics of Effective Policies | |
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| Policies Related to Cash Flow Planning and Management | |
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| Operating Budgets in Cash Flow Management | |
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| Operating Budgets: Basic Concepts | |
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| Overview of Budgeting | |
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| Budgeting Strategies | |
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| Budgeting Calendars | |
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| Budgeting Goals, Guidelines, Policies, and Procedures | |
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| Cash Flow Forecasting | |
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| Fundamentals of Cash Flow Forecasting | |
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| Cash Flow Forecasting Based on the Operating Budget | |
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| Short-Term Cash Flow Forecasting | |
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| Periodic Review of the Cash Flow Forecast | |
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| Corrective Actions for Forecasted Cash Shortages | |
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| Cash Flow Reporting, Monitoring, and Analysis | |
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| Cash Receipts and Disbursements Reports | |
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| Variance Reports | |
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| Strategies for Improving Cash Flow Management | |
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| Income Improvement Strategies | |
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| Working Capital, Liquidity, and Financial Flexibility Strategies | |
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| Investment Strategies | |
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| Banking Strategies | |
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| General Cash Flow Improvement Strategies | |
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| Solutions for Short-Term Negative Cash Flow Problems | |
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| Solutions for Serious Cash Flow Problems | |
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| Effective Ongoing Cash Flow Management | |
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| Special Topics on Cash Flow Improvement | |
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| Cash Flow Planning and Budgeting for Capital Projects | |
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| Evaluating Your Organization's Operating Environment | |
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| Evaluating Economic Variables | |
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| Evaluating Capital Projects | |
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| Financing Capital Projects | |
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| Cash Flow Technology | |
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| Technology as an Ongoing Concern | |
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| Key Considerations in Technology Upgrades | |
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| Cash Flow Technology and the Internet | |
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| Additional Considerations for Using Technology to Improve Cash Flow | |
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| Specific Cash Flow Management Strategies for Various Types of Income | |
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| Program Service Income | |
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| Effective Policies and Procedures | |
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| Cash Flow Forecasting and Planning | |
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| Cash Flow Reporting, Monitoring, and Analysis | |
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| Cash Flow Technology Issues | |
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| Additional Considerations | |
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| Income from Sales of Inventory | |
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| Effective Policies and Procedures | |
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| Cash Flow Forecasting and Planning | |
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| Cash Flow Reporting, Monitoring, and Analysis | |
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| Cash Flow Technology Issues | |
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| Additional Considerations | |
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| Income from Contributions | |
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| Effective Methods for Soliciting Contributions | |
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| Cash Flow Forecasting and Planning | |
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| Cash Flow Reporting, Monitoring, and Analysis | |
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| Cash Flow Technology Issues | |
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| Additional Considerations | |
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| Income from Grants | |
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| Private Sector Grants | |
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| Government Grants | |
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| Cash Flow Forecasting, Planning and Grant Budgeting | |
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| Cash Flow Reporting, Monitoring, and Analysis | |
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| Cash Flow Technology Issues | |
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| Additional Considerations | |
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| Interest, Dividend, and Royalty Income | |
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| Interest | |
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| Dividends | |
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| Royalties | |
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| Cash Flow Forecasting and Planning | |
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| Cash Flow Reporting, Monitoring, and Analysis | |
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| Cash Flow Technology Issues | |
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| Additional Considerations | |
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| Income from Membership Dues | |
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| Opportunities and Considerations | |
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| Cash Flow Forecasting and Planning | |
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| Cash Flow Reporting, Monitoring, and Analysis | |
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| Cash Flow Technology Issues | |
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| Additional Considerations | |
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| Income from Special Events | |
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| The Role of Special Events in Cash Flow Management | |
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| Special-Event Planning | |
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| Cash Flow Forecasting and Planning | |
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| Cash Flow Reporting, Monitoring, and Analysis | |
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| Cash Flow Technology Issues | |
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| Additional Considerations | |
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| Real Estate and Rental Income | |
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| Challenges and Considerations | |
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| Cash Flow Forecasting and Planning | |
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| Cash Flow Reporting, Monitoring, and Analysis | |
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| Cash Flow Technology Issues | |
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| Additional Considerations | |
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| Income from Sales of Assets | |
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| Sales of Various Types of Assets | |
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| Cash Flow Forecasting and Planning | |
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| Cash Flow Reporting, Monitoring, and Analysis | |
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| Cash Flow Technology Issues | |
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| Additional Considerations | |
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| Putting It All Together | |
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| Your Cash Flow Management Plan in Action | |
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| Sample Cash Flow Improvement Plan: Overview | |
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| Sample Cash Flow Improvement Plan: Step-by-Step Guide | |
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| Conclusion | |
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| Collaboration | |
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| Flexibility | |
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| Information and Knowledge | |
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| Forethought, Planning, and an Orientation Toward the Future | |
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| Practical Cash Flow Management Resources | |
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| Sample Cash Flow Reports and Forms | |
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| Sample Grant Checklist for Cash Flow Planning and Management | |