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Basic Guide to Nonprofit Financial Management

This article explains fundamentals of financial management for nonprofit board members and staff. It explains how to design a budget, manage cash flow, read financial statements, hire a bookkeeper, and more.

Key Terms: bookkeeping, cash management, financial analysis, financial management, financial statements, governance

http://www.managementhelp.org/finance/np_fnce/np_fnce.htm

Author: McNamara, Carter
Published: 1999

Preferred Practices

Avoid Real or Perceived Conflicts of Interest and Abuses of Power

Pitfalls

Having Board Members Who Do Not Give

View all Practices & Pitfalls »

Common Pitfalls

Having Board Members Who Do Not Give

All board members should be asked to make a monetary contribution in accordance with their abilities to give.

Source:
Adapted From: Are You Making Fundraising Mistakes? by Bill J. Harrison

Nonprofit Good Practice Guide

Johnson Center at Grand Valley State University

Basic Guide to Nonprofit Financial Management

Preferred Practices

Pitfalls

Preferred Practice

Avoid Real or Perceived Conflicts of Interest and Abuses of Power

Common Pitfalls

Having Board Members Who Do Not Give

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Glossary Terms

Governance

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