All the Way to the Bank : Smart Money Management for Tomorrow's Nonprofit

by Stevens, Susan Kenny; Anderson, Lisa M.

• ISBN13: 9780965220873
• ISBN10: 0965220877
• Format: Paperback
• Copyright: 1999-06-01
• Publisher: Larson Allen Weishair & Co Llp

Summary

Smart money managers know that financial health is not about how much you have, but what you do with it. And the less you have, the more you need to make of it. Practical tools and techniques to help your nonprofit make the most of its financial resources. In plain English, with helpful charts and graphs, this book is a must-read for anyone concerned about the financial health of their organization.

Table of Contents

Foreword Making the Most of What You Have	v
Smart Money Management for Tomorrow's Nonprofit	1	(8)
Understanding Nonprofit Income	1	(2)
Why Nonprofits Need Banks More Than Ever	3	(1)
The Financial Services Industry in a Nutshell	4	(5)
If Nonprofits Counted	9	(20)
Yesterday's Reality	10	(2)
Getting Real About Financial Worth	12	(3)
Determining Your Financial Worth	15	(3)
Tracking Income and Expense	18	(3)
Financial Analysis Techniques	21	(2)
Tracking the Trends	23	(2)
Presenting Your Worth to Financial Partners	25	(4)
Getting Your Money's Worth From Your Local Bank	29	(18)
It All Starts With a Handshake	29	(1)
Small Banks vs. Large Banks	30	(2)
Selecting the Right Bank for You	32	(1)
The Importance of Timing	33	(3)
Basic Bank Products: Checking and Savings Accounts	36	(1)
Reading Your Bank Statement	37	(3)
Taking Care of Business With Technology	40	(3)
Bank Products That Make Your Life Easier	43	(4)
Managing Cash Flow	47	(8)
Defining Negative Cash Flow	47	(2)
Anticipating Revenues and Expenses	49	(1)
Projecting Cash Flow	49	(2)
Payables and Receivables	51	(3)
Planning Ahead	54	(1)
Smart Savings: Making the Most of Your Excess Cash	55	(12)
Setting Financial Goals	56	(1)
Surpluses and Fundraising	57	(1)
Understanding the Savings Sequence	58	(3)
Investment Options	61	(6)
Getting Credit For What You Do: How and When to Borrow Money	67	(16)
Borrowing Myths	67	(2)
Knowing When to Borrow	69	(2)
Determining the Type of Loan You Need	71	(4)
Getting the Loan	75	(4)
Dealing With Denial	79	(4)
Financial Trouble Shooting	83	(8)
Taking Your Financial Pulse	83	(3)
Signs of Financial Trouble	86	(2)
Choosing the Right Audit Firm	88	(3)
Epilogue Becoming Tomorrow's Nonprofit	91	(6)
Acronyms	97	(2)
Glossary	99	(14)
Index	113