Streetsmart Financial Basics for Nonprofit Managers

by Thomas A. McLaughlin

A solid understanding of basic accounting and finance is essential to an organization's success, yet many nonprofit managers do not have training in these areas. This practical guide to nonprofit financial management introduces and explains complex accounting and finance topics in an informal style. It includes a 3.5" IBM-compatible disk containing spreadsheet templates for financial reports, word-processing checklists and sample documents.

Genres: Business, Nonfiction, Grad School

256 pages, Hardcover

First published March 1, 1995

Reviews

[Cris · Rating 4 out of 5]

So I should be rating my pleasure reads, but I used this as a text in the public policy course I just taught. Very straightforward and often funny. Highly recommend for nonprofit managers with no finance background and even those with basic knowledge that need to brush up.

[Karen · Rating 4 out of 5]

4.5 Easy to understand and practical with plenty of good examples. I almost gave this a five on the strength of readability alone. So far, every other book on this subject I have seen is as dry as a bone. The corny humor here held my attention throughout.

[Amber · Rating 3 out of 5]

Book required for my class, Financial Management for Nonprofit Organizations. Clear, easy to follow, and not extremely boring.

[Shayna Dix · Rating 5 out of 5]

Great advice with practical tools and definitions for any one of us mere mortals to understand nonprofit accounting.

[Laura · Rating 3 out of 5]

I had to read this for one of my master's classes. I despise math and financial stuff (this was an unfortunate required course), but for a finance book it was incredibly easy to read and fairly easy to understand (there is only so much one can do to make IRS forms and finance laws easy to understand). I would recommend it for anyone looking to get financially involved in a nonprofit, whether it is in a leadership position or just reviewing their records to determine if they are a good company to invest in.

[John Hopkins · Rating 4 out of 5]

This is an excellent overview, especially for the many ways it lines out the differences between bookkeeping in for-profit enterprises, which most of us have some familiarity with, and that in the nonprofit world. I recommend it for anyone who is thinking about starting a charity, who is new on the board of a nonprofit organization, or who may be helping to reorganize such a group.

[Sarahc Caflisch · Rating 5 out of 5]

Not to be the most boring human on the earth, but this is actually a very good book, kinda cleverly written.

[Jean]

Required for class.