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

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. <strong>Lynne A. Weikart</strong>, <strong>Greg G. Chen</strong>, and <strong>Ed Sermier</strong>—in their exciting new text geared wholly to nonprofits—provide the financial tools nonprofit managers need to thrive in pursuit of mission success. <br /><br />Given the wide array of nonprofit managers' backgrounds and a common fear of "the financials," 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. <br /><br />Grounded in real-world cases and offering plenty of opportunity for application and practice, <strong><em>Budgeting and Financial Management for Nonprofit Organizations </em></strong>helps readers develop a stable fiscal foundation and sound financial strategies for their organizations to prosper in times of economic expansion and contraction.