Budgeting and Financial Management for Nonprofit Organizations : Using Money to Drive Mission Success

In the nonprofit sector, money drives mission. Well-managed budgets and investments can spur long-term growth and achievement, while financial mismanagement can damage or destroy an organization. Lynne A. Weikart, Greg G. Chen, and Ed Sermier-in their exciting new text geared wholly to nonprofits-provide the financial tools nonprofit managers need to thrive in pursuit of mission success. Given the wide array of nonprofit managers' backgrounds and a common fear of "e;the financials,"e; the authors explain financial concepts without leaning unnecessarily on intimidating jargon. The result is a practical, accessible resource the prepares the next generation of nonprofit managers in financial planning and analysis as well as conventional and entrepreneurial financial management. Grounded in real-world cases and offering plenty of opportunity for application and practice, Budgeting and Financial Management for Nonprofit Organizations helps readers develop a stable fiscal foundation and sound financial strategies for their organizations to prosper in times of economic expansion and contraction.