Financial management for nonprofit organizations policies and practices
Clear guidance on analytics, reporting, investing, risk management, and more comprise a singular reference that nonprofit finance and accounting professionals and board members should keep within arm's reach. Updated to reflect the post-recession reality and outlook for nonprofits, this new edi...
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| Format: | eBook |
| Language: | English |
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[Place of publication not identified]
Wiley
2018
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| Edition: | Third edition |
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| Online Access: | |
| Collection: | O'Reilly - Collection details see MPG.ReNa |
Table of Contents:
- 3.3 What Are the Organization's Mission, Vision, and Goals/Objectives?(a) Strategy and the ""Bottom Line""; (b) What Are Strategic Decisions?; 3.4 Strategic Management Process; (a) SWOT Analysis; (b) What Are Internal Strengths and Weaknesses?; (c) Using Environmental Scanning to Detect External Opportunities and Threats; (d) Strategic Management Is an Ongoing Process; (e) Financial Leadership, Sustainability, and the Business Model; (f) Sustainability; (g) Business Model; 3.5 Implementing the Strategic Plan; (a) Three Steps in Implementation; (b) Cutback Strategies
- (A) Institutional Factors(b) Managerial Philosophy Factors; (c) Liquidity Implications of Institutional and Managerial Philosophy Factors; (d) Watchdog Agency Standards on Solvency and Liquidity; (e) Assessment of Watchdog Standards; 2.6 What Is the Appropriate Level of Liquidity?; (a) Establishing the Liquidity Position Based on Financial Vulnerability; (b) Diagnostic Tools to Assist in Setting the Appropriate Liquidity Target; 2.7 Conclusion; Notes; Chapter 3: Managing Mission, Strategy, and Financial Leadership; 3.1 Value of Strategic Planning; 3.2 What Is Strategic Planning?
- Cover; Title Page; Copyright; Contents; About the Authors; Preface; Acknowledgments; Chapter 1: Understanding Nonprofit Organization Finances; 1.1 The Impact of the Great Recession; 1.2 Definition of Nonprofit Organizations; (a) 501(c)(3) Corporations; (b) Bylaws and Articles of Incorporation; 1.3 Characteristics of Nonprofit Organizations; (a) Organizational Mission; (b) Organizational Structure; 1.4 Understanding the Language of the Nonprofit Organization; 1.5 Financial Policies; 1.6 Financial Practices; 1.7 Primary Financial Objective
- (B) Are Nonprofits Overly Risk-Averse?2.2 Noncommercial Nonprofit Organizations; (a) Guidance from Finance Theory; (b) Evaluation of Finance Theory; (c) Complexity of Nonprofit Cash Flows; 2.3 Evidence on Liquidity Management in the Nonprofit Sector; (a) Liquidity Management in the Healthcare Sector; (b) Liquidity Management in Colleges and Universities; (c) Liquidity Management in Faith-Based Donative Organizations; 2.4 Facets of Liquidity Management; (a) Layers of Liquidity; (b) Solvency; (c) Liquidity; (d) Financial Flexibility; 2.5 Importance of Liquidity Management
- (A) Differences Between Businesses and Donative Nonprofits(b) Survey Evidence on the Primary Financial Objective; (c) Financial Objective for Purely Financial Decisions; (d) Recommended Primary Financial Objective: Appropriate Liquidity Target; 1.8 Conclusion; Notes; Appendix 1A The Lilly Study Findings; The Lilly Study; Keep the Mission First!; Management and Financial Objectives; On-Site Interviews, Questionnaires, and Archival Studies; The Appropriate Liquidity Target Model; Note; Chapter 2: Liquidity Management; 2.1 Introduction; (a) Importance of Liquidity
- Includes bibliographical references