The Board Member S Easier Than You Think Guide To Nonprofit Finances

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The Board Member's Easier-than-you-think Guide to Nonprofit Finances

Author : Andy Robinson,Nancy Wasserman
Publisher : Emerson & Church
Page : 0 pages
File Size : 46,7 Mb
Release : 2012
Category : Boards of directors
ISBN : 1889102431

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The Board Member's Easier-than-you-think Guide to Nonprofit Finances by Andy Robinson,Nancy Wasserman Pdf

With the possible exception of How do I avoid fundraising? a board member's most commonly unasked question is, What do all these numbers mean and what am I supposed to do with them? Financial planning and budgeting combine all of our money taboos with that common disorder, math phobia. Andy Robinson and Nancy Wasserman help trustees (and their staff colleagues) confront and address this fear with wisdom, clarity, humor, and humility. If you find math mysterious and scary, yet need to understand financial statements to do your job as a board member ... read this book. Complements The Ultimate Board Member's Book, by Kay Sprinkel Grace.--Provided by Amazon.com.

The Nonprofit Board Answer Book

Author : BoardSource
Publisher : John Wiley & Sons
Page : 313 pages
File Size : 48,5 Mb
Release : 2010-12-21
Category : Business & Economics
ISBN : 9781118047484

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The Nonprofit Board Answer Book by BoardSource Pdf

“Think for a moment of the best conversations you’ve had with friends and colleagues. You were honest with one another—not shy about speaking up but relaxed, even if the topic being discussed was serious in nature. That’s the type of conversation The Nonprofit Board Answer Book aims to have with you in the pages that follow. It follows a question-and-answer format, enabling you to quickly find an answer to a burning question you have right now. At the same time, it’s easy to pick up and read straight through, either cover to cover or one section at a time. At the end of each question-and-answer pairing you’ll find suggested action steps. These offer ways to put the information to a practical use on your own board and within your own nonprofit organization. Implementing some of these steps may lead to more questions as you become even more committed to fulfilling your responsibilities as a board member. Remember: behind every good answer lies a good question. So keep asking those questions.”--from the Introduction

Nonprofit Financial Management

Author : Charles K. Coe
Publisher : John Wiley & Sons
Page : 261 pages
File Size : 49,6 Mb
Release : 2011-06-28
Category : Business & Economics
ISBN : 9781118011324

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Nonprofit Financial Management by Charles K. Coe Pdf

A timely, practical, and concise handbook of best practices for nonprofit financial management In 2010 an estimated 325,000 charities, membership groups, and trade associations?with small nonprofits disproportionately represented?stand to lose their tax exemptions for failure to comply with financial management requirements. Nonprofit Financial Management: A Practical Guide is a timely, functional, and concise handbook of best practices for nonprofit organizations of every size. Addresses federal reporting requirements and discusses methods to decrease expenses, ensure accounting control, increase revenues through professional cash management, and understand budget statements Explains how to read financial statements and analyze a nonprofit's financial condition by using the most recent IRS 990 reporting form Covers the full range of financial-management topics, including accounting, internal controls, auditing, evaluating financial condition, budgeting, cash management and banking, purchasing and contracting, 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.

Board Member Orientation

Author : Michael E. Batts
Publisher : Createspace Independent Publishing Platform
Page : 0 pages
File Size : 48,6 Mb
Release : 2011-02-03
Category : Boards of directors
ISBN : 1456304917

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Board Member Orientation by Michael E. Batts Pdf

Finally! Board member orientation truly simplified. Serving on a nonprofit board can be an incredibly rewarding experience for the properly prepared board member. This book is for the generous and busy people who agree to give of their time and talents by serving on nonprofit boards. Nonprofit boards often fail to do a good job of board member orientation for a variety of reasons. It takes a significant amount of time and effort to plan and conduct quality board member orientation programs, and every time a new board member arrives, it's time to do it again! Because of the challenges associated with providing quality board member orientation, many nonprofit organizations do not do it at all, leaving their board members to wing it. This book provides help and support to the truly great men and women serving on nonprofit boards whose service makes a positive difference in the lives of countless people every day. This book is a concise and appropriately comprehensive guide to nonprofit board service designed especially for new board members. It is a quick read, (about one hour), yet it addresses with accuracy the most significant elements of board service, such as mission, responsibility, duty, risk, liability, and board meeting dynamics. Hooey Alerts! Watch for Hooey Alerts! where the author identifies and dispels common myths and legends about nonprofit board service. There are many sources of false or misleading information about the nonprofit board service environment. A perfect example is the often vaguely-worded and intimidating assertion or implication that the Sarbanes-Oxley Act passed by Congress in 2002 applies to nonprofit organizations in a manner similar to how it applies to publicly-traded companies. (It does not.) Reviews "This book is the perfect guide for every nonprofit board member! Concise, highly informative, and loaded with nuggets of wisdom, it's a must read that will take board members to the next level of successful board governance." -- J. Todd Chasteen, General Counsel, Samaritan's Purse "Mike Batts has put his quarter century of advising and serving on nonprofit boards to good use in this accurate and easy-to-read book. In addition to describing major principles of nonprofit law and governance, the book provides helpful questions to guide board members in understanding the practical applications of the concepts discussed. While geared primarily toward helping new board members get up to speed quickly, it should also help veteran board members discharge their stewardship roles wisely and efficiently." -- Chuck Hartman, Associate Professor of Business Law and Accounting, Cedarville University "This book, Board Member Orientation, is exactly what a busy volunteer board member needs. The board member's duties are presented in a clear and concise manner from the perspective of someone who has been around many boards. With a focus on those issues that are most common and/or most important, it is perfect for board member orientation and for quick reference reminders for the experienced board member." -- Doug Starcher, Partner, Broad & Cassel "This book provides clear, no-nonsense guidance on the basic issues for new nonprofit board members. Using this book for board member orientation will ensure your organization has communicated fundamental governance issues and will assist the board in determining risk management strategies." -- Dan Busby, President, ECFA *********************************** The Simple Board Member Orientation Process Using This Book: 1.Your board members read Chapters 1-9 of the book, which will provide them with insights regarding the key elements of nonprofit board service. 2.You provide the board members with copies of the documents described in Chapter 10 related to your organization. 3.You meet with your board members to discuss the unique attributes of your organization following the discussion questions provided in Chapter 10. Done!

Joining a Nonprofit Board

Author : Marc J. Epstein,F. Warren McFarlan
Publisher : John Wiley & Sons
Page : 226 pages
File Size : 55,8 Mb
Release : 2011-03-23
Category : Business & Economics
ISBN : 9781118007198

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Joining a Nonprofit Board by Marc J. Epstein,F. Warren McFarlan Pdf

Praise for Joining a Nonprofit Board ""As an individual who has served on various nonprofit boards, and as the president and CEO of a large nonprofit organization, I can attest to how valuable this book is. Marc Epstein and Warren McFarlan offer insight into the expectations of nonprofit board members, which is extraordinarily beneficial to individuals considering their first nonprofit board and to seasoned professionals already serving on boards." —Gail McGovern, President and CEO, American Red Cross Excerpted from Foreword" "This book is a roadmap for the business person who wants to serve on a nonprofit board, and unwittingly assumes that the approaches that worked so well in the for-profit world can be seamlessly extrapolated to the nonprofit board room." —Roseanna H. Means, M.D., founder and president, Women of Means "A must-read for all new and existing nonprofit board members. It is full of practical advice that will help improve the effectiveness of nonprofit board members and the organizations they serve." —Roger Servison, president emeritus, Boston Museum of Fine Arts, and vice chairman, Boston Symphony Orchestra "What a powerful tool now available for anyone involved with governance of America's nonprofit enterprises. The analysis is cogent and concise, amply supported by real-life examples." —George B. Beitzel, chairman emeritus, Amherst College, and chairman emeritus, Colonial Williamsburg Foundation "Joining a Nonprofit Board offers practical advice in complementing your business experience with the nuances of nonprofit governance, performance, and management in order to fully achieve the societal mission." —Jeffrey C. Thomson, president and CEO, Institute of Management Accountants "This book will guide you through the differences between for-profit and nonprofit organizations (and boards). It will help you navigate through all the nuances in which nonprofit organizations actually operate on a day-to-day basis."—Elaine Ullian, former president, Boston Medical Center "Joining a Nonprofit Board is a must-read. This book should be required reading and distributed at the opening board meeting." —Agnes C. Underwood, former head, Garrison Forest School and National Cathedral School; vice president/managing associate, Carney, Sandoe and Associates "A Board needs a unifying and visionary objective—'It must be World Class.' This book successfully shows how to create a World Class Board." —W. Richard Bingham, former chairman, California Academy of Sciences

Great Boards for Small Groups

Author : Andy Robinson
Publisher : Emerson & Church, Publishers
Page : 116 pages
File Size : 52,7 Mb
Release : 2006
Category : Business & Economics
ISBN : 1889102040

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Great Boards for Small Groups by Andy Robinson Pdf

Yours is a good board, but you want it to be better.-You want clearly defined objectives ?-Meetings with more focus ? -Broader participation in fundraising ?-And more follow-through between meetings.You want these and a dozen other tangibles and intangibles that will propel your board from good to great.Say hello to your guide, Andy Robinson, who has a real knack for offering ?forehead-slapping? solutions ? ?Of course! Why haven?t we been doing this??Take what he says about written agreements among board members. ?Any meaningful job description must be reciprocal: it defines what is expected of you, but also what you can expect in return.? Example: ?I accept fiduciary responsibility for the organization and will oversee its financial health and integrity. By the same token, I expect timely, accurate, and complete financial statements to be distributed at least quarterly, one week in advance of the relevant board meeting.?In other words, the board knows what to expect; the staff knows what to do. Each is accountable.Simple, right? So why does the 10-item sample agreement Robinson provides seem so revolutionary? Perhaps because so few people have tried an agreement like this.Then there?s what the author calls the ?Fundraising Menu.? Here, board members are asked to generate a list of all the ways (direct and indirect) they could assist in fundraising. The list is prioritized and then used to help each trustee prepare a personalized fundraising agreement that meets his or her specific needs, interests, and limitations.Again, simple, but it?s the closest thing you?ll find to guaranteeing a board?s commitment to raising money.Toward the end of his book, in a number of ?How to Fix It? chapters, Robinson homes in on specific problems, such as poorly attended meetings, spotty follow-through on commitments, inactive board members, narrow consensus, conflicts of interest, weak agendas, and much more. And Robinson doesn?t offer up easy nostrums. Quite the opposite. Over the past 20 years, as a board member, a volunteer, and a consultant, he?s put into practice what he preaches and stands unshakably behind his fog-burning advice. Great Boards for Small Groups contains 31 brief chapters. In fact the whole book can be read in an hour. Funny thing, though, its impact on those who heed its advice will last for years.

The Cash Flow Solution

Author : Richard S. Linzer,Anna O. Linzer
Publisher : John Wiley & Sons
Page : 157 pages
File Size : 49,5 Mb
Release : 2006-10-25
Category : Business & Economics
ISBN : 9780470052075

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The Cash Flow Solution by Richard S. Linzer,Anna O. Linzer Pdf

Many nonprofits rely on conventional methods of making and managing money—from donations to cash reserves, endowments, and capital building campaigns—in hopes of securing financial stability for the future. Yet these acquired funds often remain tantalizingly out of reach for day-to-day operations; the balance sheet may look good, but the actual cash available is often surprisingly low. In order to achieve their missions, nonprofits need to fundamentally change the way they think about money. Richard and Anna Linzer introduce a groundbreaking approach to nonprofit financial management based on cash flow and the use of credit that gives nonprofits the money they need, when they need it while ensuring the long-term financial well-being of the organization. Their revolutionary and effective financial model is explained in clear and understandable terms for decision makers in both large and small nonprofit organizations. "The Linzers are revolutionaries in the nonprofit financial world and leaders should take notice!" --Martha J. Perry, associate executive director, McCune Foundation "A great book for any board member of a nonprofit organization." --Michael Schlesinger, attorney, author, lecturer, and commentator in the field of taxation "Nonprofits now have a choice: Muddle along from crisis to crisis or follow the advice in this excellent, innovative book." --Irene Y. Namkung, past board president, the Western Arts Alliance, Northwest Folklife, and Oregon Potters' Guild "It's heresy, but it works. The Cash Flow Solution presents solid steps to financial sanity in the nonprofit boardroom." --James A. Kolb, West Sound Academy "From time to time a book makes so much sense you wonder why someone did not write it a long time ago. Richard and Anna Linzer's book "The Cash Flow Solution" is such a book. The principles are as fundamental and rock-solid as they are innovative. Applying their suggestions could help many troubled organizations survive and thrive. More importantly, the Linzers' insight could lead many nonprofits in coming closer to fulfilling their potential to deal with the many needs of our society." --Mike Pedretti, Artistic Director and President, Movement Theatre International

Nonprofit Financial Oversight

Author : Michael E. Batts
Publisher : Createspace Independent Publishing Platform
Page : 178 pages
File Size : 46,9 Mb
Release : 2017-08-13
Category : Nonprofit organizations
ISBN : 1974634205

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Nonprofit Financial Oversight by Michael E. Batts Pdf

Finally! Nonprofit financial oversight is simplified. If you are looking for a way to quickly and efficiently equip your nonprofit board or finance committee members to oversee the financial affairs of your nonprofit organization, look no further. With more than 30 years of hands-on experience serving hundreds of nonprofit organizations, Mike Batts brings his concise and clear communication style to this important topic. Each chapter of this book is an easy read, and the book is loaded with information provided in a plain-language format. The Appendices provide a wealth of useful resources. You don't need to be a financial expert to oversee the financial affairs of a nonprofit organization, but you do need to know what to look for and how to evaluate the information you receive. Nonprofit Financial Oversight - The Concise and Complete Guide for Boards and Finance Committees helps you do just that - simply and efficiently. Resources in this book include: Annual Board Financial Oversight Checklist Your board or finance committee can know the bases are covered by using this helpful plain-language checklist as a reminder of key financial oversight issues that should be addressed in your organization every year. Sample Policies Not only does this book tell you in a straightforward manner what policies most nonprofit organizations should have in place, it provides an array of sample policies to greatly simplify the process of adopting them. Sample Finance Committee Charter This book will help you determine whether your organization needs a finance committee or an audit committee. And if you do, you are ready to go with a sample finance committee charter and guidelines for an audit committee charter! Chapter Titles 1. The Duty of Board Members to Oversee Financial Operations 2. The Finance Committee 3. Audits and Other Accountability Practices 4. Key Areas of Financial Oversight 5. Governing Documents and Policies 6. Internal Financial Reporting and Monitoring 7. Financial Health 8. Tax Compliance 9. Risk Management Appendices A. Annual Financial Oversight Checklist for Boards and Finance Committees B. Sample Conflicts-of-Interest Policy C. Sample Executive Compensation-Setting Policy D. Sample Policy on Dishonesty, Fraud, and Whistleblower Protection E. Sample Donor Privacy Policy F. Sample Gift Acceptance Policy G. Sample Expense Reimbursement Policy

How are We Doing?

Author : Gayle L. Gifford
Publisher : Emerson & Church, Publishers
Page : 124 pages
File Size : 52,7 Mb
Release : 2005
Category : Business & Economics
ISBN : 1889102237

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How are We Doing? by Gayle L. Gifford Pdf

Ah, simplicity.That?s not a word usually voiced in the same breath as ?board evaluation.? Or conciseness ? and clarity ? and cogency.Yet all four aptly describe Gayle Gifford?s book, How Are We Doing: A 1-Hour Guide to Evaluating Your Performance as a Nonprofit Board. Until now, almost all books dealing with board evaluation have had an air of unreality about them. The perplexing graphs, the matrix boxes, the overlong questionnaires. It took only a thumbing through to render a judgment: "My board?s going to use this? Get real!"Enter Gayle Gifford. Inhale the fresh air. See the ground break. Watch the clutter clear.Gifford has pioneered an elegantly simple and enjoyable ? yes, enjoyable ? way for nonprofit boards to evaluate and improve its overall performance.It all comes down to answering a host of straightforward questions ? questions that, as Graham Greene would say, get to "the heart of the matter." Here is a sampling:-Have we set a goal for the good we want to do?-How well do we know our community?s needs?-Do we know if our programs are having an impact?-Do we ask the right financial questions?-Do we govern and resist the temptation to manage?-Do we recruit the board members we need?-Have we decided the board?s role in fundraising?It doesn?t matter whether the setting is formal, as in a special board meeting, or casual ? the chairperson?s living room. It doesn?t matter whether you have 75 board members or seven.It doesn't matter whether yours is an established institution or a grassroots start-tup. All that matters is that the questions are answered candidly and the responses discussed. It doesn?t get any easier than that.It?s all so refreshing ? the thought of an invigorating discussion taking place, without pretense or pedantry, during which board members reflect on their job, gain a fuller understanding of their organization, explore their strengths and shortcomings, grow more cohesive, sense new potential ? and come away genuinely energized by the process ? and far better equipped to govern.Gifford has done nothing less than transform the way boards will evaluate themselves from this day forward.Oh, the simplicity of it all.

The Ultimate Board Member's Book

Author : Kay Sprinkel Grace
Publisher : Emerson & Church, Publishers
Page : 116 pages
File Size : 47,9 Mb
Release : 2009
Category : Business & Economics
ISBN : 1889102393

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The Ultimate Board Member's Book by Kay Sprinkel Grace Pdf

Nonprofit Boards That Work

Author : Maureen K. Robinson
Publisher : John Wiley & Sons
Page : 177 pages
File Size : 41,6 Mb
Release : 2001-06-15
Category : Business & Economics
ISBN : 9780471151197

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Nonprofit Boards That Work by Maureen K. Robinson Pdf

Praise for Nonprofit Boards That Work "This book offers a refreshing and candid look at the challenges ofnonprofit boards. It moves away from theoretical frameworks to takeyou inside the real world of nonprofit organizations. . . . A mustfor any executive director who needs reassurance that buildingeffective boards is tough work, but well worth the effort."-SherryRockey, Executive Director, International Women's MediaFoundation "Maureen Robinson is uniquely qualified to help us understand theissues related to boards that are effective, those that are not,and why. It is certain that board members, potential board members,and executive directors who read this book will better understandtheir roles and responsibilities, and will be better able to avoidcommon pitfalls. As a result, the impact of their efforts on thosewhom their organizations exist to serve will be enhanced."-RonBurkard, Executive Director, World Neighbors As more than 10 million people in the United States alone say yesto board service, they also expect to see their time and talentsused effectively. This invaluable book presents a straightforwardapproach to understanding the role of the board, tailoring its workto meet the needs of specific organizations, and creating a cultureof board productivity that makes participation rewarding for boardmembers as well as the organizations they serve. Nonprofit BoardsThat Work: * Distinguishes between theory and practice and encourages boardsto explore how they genuinely add value to the work of theorganization * Goes beyond the hows and whys of nonprofit governance to providefrank advice and real-world examples of what works, what doesn't,what requires a miracle, and what can be achieved through diligentand deliberate effort * Offers practical yet flexible strategies that can be tried by anynonprofit board, whatever its current effectiveness . . . and much more to guide nonprofit organizations and theirboards toward accomplishing the goals they seek.

Nonprofit Finance: a Practical Guide

Author : Sheila Shanker
Publisher : Createspace Independent Publishing Platform
Page : 0 pages
File Size : 42,7 Mb
Release : 2015-02-03
Category : Nonprofit organizations
ISBN : 150599540X

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Nonprofit Finance: a Practical Guide by Sheila Shanker Pdf

Written by a CPA with extensive experience with the nonprofit sector, this book guides finance professionals and boards of directors on the typical issues facing nonprofit organizations, including financial statements, taxes and grant situations. Specific topics covered in this publication include: Net assets, net asset releases, pledges, fundraising events, internal controls, and budgeting. The author's own experiences with the topics and recommendations are unique features of this book.

Nonprofit Sustainability

Author : Jeanne Bell,Jan Masaoka,Steve Zimmerman
Publisher : John Wiley & Sons
Page : 210 pages
File Size : 50,5 Mb
Release : 2010-11-05
Category : Business & Economics
ISBN : 9780470886960

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Nonprofit Sustainability by Jeanne Bell,Jan Masaoka,Steve Zimmerman Pdf

Praise for NONPROFIT SUSTAINABILITY "This is much more than a financial how-to book. It's a nonprofit's guide to empowerment. It demystifies mission impact and financial viability using The Matrix Map to provide strategic options for any organization. A must-read for every nonprofit CEO, CFO, and board member." —Julia A. McClendon, chief executive officer, YWCA Elgin, Illinois "This book should stay within easy reaching distance and end up completely dog-eared because it walks the reader through a practical but sometimes revelatory process of choosing the right mix of programs for mission impact and financial sustainability. Its use is a practice in which every nonprofit should engage its board once a year." —Ruth McCambridge, editor in chief, The Nonprofit Quarterly "Up until a few years ago, funding and managing a nonprofit was a bit like undertaking an ocean voyage. Now, it's akin to windsurfing—you must be nimble, prepared to maximize even the slightest breeze, and open to modifying your course at a moment's notice. Innovative executive directors or bold board members who want their organization to be able to ride the big waves of the new American economy must read this book." —Robert L. E. Egger, president, DC Central Kitchen/Campus Kitchens Project/V3 Campaign "Most nonprofits struggle to find a long-term sustainable business model that will enable them to deliver impact on their mission. Thanks to Jeanne Bell, Jan Masaoka, and Steve Zimmerman help is now in sight. This book offers practical, concrete steps you can take to develop your own unique path to sustainability without compromising your mission." —Heather McLeod Grant, consultant, Monitor Institute, and author, Forces for Good: The Six Practices of High-Impact Nonprofits "At last! An urgently needed framework to prepare leaders to meet head-on the persistent twin challenges of impact and sustainability. This is a practical tool based on good business principles that can bring boards and staff members together to lead their organizations to sustainable futures." —Nora Silver, adjunct professor and director, Center for Nonprofit and Public Leadership, Haas School of Business, University of California, Berkeley "Together, Jeanne Bell, Jan Masaoka, and Steve Zimmerman equal wisdom, experience, and know-how on sustainability and lots of other things. Buy, read, and learn from this terrific book!" —Clara Miller, president and CEO, Nonprofit Finance Fund "Wisdom, experience, and know-how. Buy, read, and learn from this terrific book!" —Clara Miller, president and CEO, Nonprofit Finance Fund

Money Matters for Nonprofits

Author : Melisa F. Galasso, CPA
Publisher : Greenleaf Book Group
Page : 335 pages
File Size : 40,8 Mb
Release : 2022-08-17
Category : Business & Economics
ISBN : 9781632995926

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Money Matters for Nonprofits by Melisa F. Galasso, CPA Pdf

You serve on a nonprofit board to make a big impact. You know that a nonprofit must be financially well to do the most good. If you’re not a numbers person, or it’s been a while since you’ve worked with numbers, you may find financial statements hard to decipher. Money Matters for Nonprofits demystifies financial statements and basic accounting to empower you in your role as nonprofit board member. ​A CPA with nearly twenty years of experience in the accounting profession, Melisa Galasso is the founder and CEO of Galasso Learning Solutions LLC. A natural teacher, Melisa designs and facilitates accounting and auditing courses, including not-for-profit accounting. In Money Matters for Nonprofits, Melisa makes complex topics easy to understand with lots of examples and clear explanations of how financial statements work. With this resource at your fingertips, you as a board member will feel equipped to better advise your nonprofit and make an even greater difference in the world.

Financial Planning for Nonprofit Organizations

Author : Jody Blazek
Publisher : Unknown
Page : 312 pages
File Size : 49,8 Mb
Release : 1996-08-10
Category : Business & Economics
ISBN : UOM:39015041360267

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Financial Planning for Nonprofit Organizations by Jody Blazek Pdf

Ms. Blazek leads you step-by-step through the major areas of financial planning, including general administration (tracking, reporting, and financial analysis); the roles and responsibilities of staff, board members, and professional advisors; developing and implementing budgets; asset and resource management; and internal controls to prevent waste and fraud. With a thorough understanding of the complexities of nonprofit financial planning, you'll make wiser decisions about your organization's future.