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.