Streetsmart Financial Basics for Nonprofit Managers

by Thomas A. McLaughlin

Praise for Streetsmart Financial Basics for Nonprofit Managers , Third Edition "Tom McLaughlin is a proven master at making the daunting concepts of nonprofit financial management clear and engaging. This book is a superb introduction for new nonprofit executives, board members, and students. It is also an excellent refresher and reference for those of us who have been around the nonprofit sector for a while. It is well written, concise, and thought provoking."
— J. Gregory Dees , Professor of the Practice of Social Entrepreneurship and Nonprofit Management at Duke University's Fuqua School of Business, and coauthor of Enterprising Nonprofits and Strategic Tools for Social Entrepreneurs "A very practical guide to understanding and managing the finances of a nonprofit organization. As nonprofits strive for greater accountability, Tom McLaughlin's real-world examples and accessible style make this book indispensable for nonprofit executives, managers, and board members at organizations of any size."
— Gordon J. Campbell , President and CEO, United Way of New York City "Tom McLaughlin's powerful book is far more than a useful tool. It provides the philosophical approach to instill strong stewardship and future viability to those in the world of nonprofits. He takes apart the complex issues of nonprofit stewardship just as Einstein translated relativity into a simple equation. Purely masterful."
— Jim Mellor , Senior VP, Chief Financial Officer, YMCA of the USA CD-ROM/DVD and other supplementary materials are not included as part of eBook file.

Genres: Business, Nonfiction, Grad School

304 pages, Paperback

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.