Nonprofit Financial Management: A Practical Guide

In 2010 an estimated 325,000 charities, membership groups, andtrade associations?with small nonprofits disproportionatelyrepresented?stand to lose their tax exemptions for failure tocomply with financial management requirements. Nonprofit FinancialManagement: A Practical Guide is a timely, functional, and concisehandbook of best practices for nonprofit organizations of everysize.

• Addresses federal reporting requirements and discusses methodsto decrease expenses, ensure accounting control, increase revenuesthrough professional cash management, and understand budgetstatements
• Explains how to read financial statements and analyze anonprofit's financial condition by using the most recent IRS 990reporting form
• Covers the full range of financial-management topics, includingaccounting, internal controls, auditing, evaluating financialcondition, budgeting, cash management and banking, purchasing andcontracting, borrowing and risk management

Written in an easy-to-read style, with more than 100 exhibits,this book is essential for every nonprofit financial manager.