Streetsmart Financial Basics for Nonprofit Managers

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.

PART ONE: ANALYSIS.Organizational Structure: Programs and Corporations.Mission: Managing Your Two Bottom Lines.Accounting as a Second Languag a Nine Point Program.Balance Sheets: How They Get That Way.Financial Analysis: A Few Diagnostic Tools.PART TWO: ACCOUNTING.Nonprofit Accounting: Acknowledging the Strings Attached.Cost Accounting: How Much Does It Cost?Auditing: Choosing and Using an Auditor. PART THREE: OPERATIONS.Cash Flow Management: Why Cash Is King.Capital: Why Capital Is Not a Four Letter Word.Budgeting: Taming the Budget Beast.Indirect Costs and Other Despised Items.Pricing: How Much Should It Costs?Profit: Why and How Much?PART FOUR: CONTROL.Internal Controls for External Goals.To Raise More Money, Think Cows.Title to Come.Management Controls: Toward Accountability for Performance.Appendix: Using the Disk.Index.