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by Jeanne Bell (Author), Elizabeth Schaffer (Author)
Guide your organization to financial sustainabilityMaking sure that your nonprofit is going to be around long-term requires financial leadership. This means creating a financial vision for your organization and planning how you'll get there. Financial Leadership for Nonprofit Executives gives you the framework, specific language, and processes to lead with confidence. With it, you'll learn how to protect and grow the assets of your organization and accomplish as much mission as possible with those resources.The good news is you don't have to be a trained accountant, earn an MBA, or have run a for-profit business in another lifetime. You already have many of the skills it takes to be a financial leader. This useful guide makes the process understandable and doable. Logical, clear, and well-writtenYou'll find clear, logical steps to learn how to
- Get accurate financial data--in a format you can understand
- Use financial data to evaluate your organization's health
- Plan around a set of meaningful financial goals
- Communicate progress on these goals to your staff, board, and external stakeholders.
- five foundational financial leadership principles
- three overarching questions every financial leader needs to be able to answer (and where to find those answers)
- two fundamental budgeting principles
- five steps to building a strong annual budget.
