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Related Topics: Business & Economics >> Nonprofit Organizations & Charities
Financial Planning for Nonprofit Organizations,9780471412854
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Financial Planning for Nonprofit Organizations


Edition: 1st
Author(s): Jody Blazek (Blazek & Vetterling, LLP)
ISBN10:  0471412856
ISBN13:  9780471412854
Format:  Paperback
Pub. Date:  10/1/2000
Publisher(s): Wiley

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SummaryTable of ContentsAuthor Biography
Nonprofit Success Strategies for Challenging Time

Financial Planning for Nonprofit Organizations provides practical, proven strategies to safeguard your nonprofit organization’s financial future. It coaches you in the essentials of financial planning and supplies easy-to-use tools, concepts, and techniques for the financial management of nonprofits of every size and type. Drawing upon her extensive experience in financial management for nonprofits, author Jody Blazek Covers major functional issues in financial planning: administration, roles and responsibilities, budgeting, asset management, and internal controlsArms you with easy-to-implement processes and procedures that make financial management a more streamlined, effective processDescribes surefire methods for understanding, interpreting, and using financial informationSupplies dozens of worksheets, forms, and checklists that make it easier than ever to manage your organization’s precious financial resourcesThis invaluable guide is must-reading for directors, managers, trustees, accountants, lawyers, and anyone involved in the financial survival of a nonprofit organization

www.wiley.com/accountin

List of Exhibits
xvii
Introductory Concepts
1(26)
How to Use This Book
2(3)
Attributes of Nonprofits
5(2)
Can Nonprofits Profit?
7(3)
Difference Between Nonprofits and For-Profits
10(2)
For-Profit Tools
12(2)
Pursuit of Financial Success: Some Observations
14(5)
Comprehensive Financial Planning Checklist
19(8)
Structuring the Organization for Fiscal Strength
27(28)
Establishing the Hierarchy
31(1)
The Role of the Board
32(8)
Filling Board Positions
40(2)
Role of the Treasurer and the CFO
42(3)
Inside and Outside Accountants
45(1)
Selecting Financial Reporting Services
46(3)
Conflict-of-Interest Policy
49(6)
Financing the Dream
55(10)
Balancing Mission and Finances
55(2)
Defining the Mission
57(2)
Assessing the Resources
59(6)
Budgeting
65(36)
Budget Planning Issues
66(3)
Types of Budgets
69(1)
Advantages and Disadvantages
70(1)
Who Participates in Budgeting?
71(1)
Selling the Budget
72(1)
Scheduling Budget Process
73(4)
Preparing Forecasts
77(5)
Statistical Operational Data
82(1)
Capital Additions Budget
83(4)
Monitoring Variances
87(1)
Model Budgets
87(7)
A Budgeting Checklist
94(7)
Asset Management
101(36)
Maximizing Resources
102(2)
Getting Resources
104(4)
Cash Flow Planning
108(7)
Beyond Cash Flow Imbalances
115(2)
Prudent Investment Planning
117(8)
Restricted Gifts
125(1)
Endowments
126(11)
Nonprofit Accounting
137(48)
What Is Accounting?
138(9)
Computerized Accounts
147(4)
Chart of Accounts
151(5)
Why a Double Entry?
156(3)
Choosing a Method
159(5)
Design of the Financials
164(2)
Meaning of FASB and GAAP
166(5)
Internal Controls
171(14)
Special Financial Tools
185(32)
Financial Indicators to Critique Performance
186(6)
Cost Accounting
192(4)
Purchasing Procedures
196(9)
Affiliations and Agency Agreements
205(5)
Who's an Employee?
210(7)
Obtaining and Maintaining Tax-Exempt Status
217(30)
Characteristics of Tax-Exempt Organizations
218(4)
Understanding the Nonprofit's Legal Form
222(3)
Testing Suitability for Tax-Exemption
225(5)
Maintaining Recognition of Exempt Status
230(17)
Appendix 247(4)
Glossary 251(12)
Bibliography 263(4)
Index 267
JODY BLAZEK, CPA, is a partner in Blazek & Vetterling, LLP, an accounting firm that focuses on financial planning, tax compliance, and auditing for tax-exempt organizations and the individuals who create, fund, and work for them. She is also a founding director of Texas Accountants and Lawyers for the Arts and a board member of the Anchorage Foundation, Houston Artists Fund, River Pierce Foundation, and the Planned Giving Council of Houston. Blazek’s nonprofit concentration began when she worked at KPMG Peat Marwick and continued when she served as chief financial officer of the Menil Foundation. She is the author of Tax Planning and Compliance for Tax-Exempt Organizations, Third Edition. She received her BBA from the University of Texas at Austin and attended South Texas School of Law.

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