Financial Leadership for Nonprofit Executives: Guiding Your

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Financial Leadership for Nonprofit Executives: Guiding Your Organization to Long-Term Success

Making 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 youâ€™ll get there.

Financial Leadership for Nonprofit Executives gives you the framework, specific language, and processes to lead with confidence. With it, youâ€™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 donâ€™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.

Youâ€™ll find clear, logical steps to learn how to get accurate financial dataâ€”in a format you can understand; use financial data to evaluate your organizationâ€™s health; plan around a set of meaningful financial goals; and communicate progress on these goals to your staff, board, and external stakeholders.

Youâ€™ll also find 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; and five steps to building a strong annual budget.

At the end of each chapter is an evaluation tool. You can rate how your organization is doing relative to the component of financial leadership covered in each chapter. Each attribute is scored as being red, yellow, or green. â€œRedâ€ items are below standard and require immediate attention; â€œyellowâ€ items are widely practiced though not generally ideal; and â€œgreenâ€ items are considered best practice.

Over time, as you and your partners on the board and staff move the organization toward â€œgreenâ€ in each of these areas, you will create an environment in which financial leadership can flourish.

Country	USA
Author	Elizabeth Schaffer
Binding	Kindle Edition
EISBN	9781618589118
Format	Kindle eBook
IsAdultProduct
Label	Fieldstone Alliance
Manufacturer	Fieldstone Alliance
NumberOfPages	152
PublicationDate	2013-05-05
Publisher	Fieldstone Alliance
ReleaseDate	2013-05-05
Studio	Fieldstone Alliance

Financial Leadership for Nonprofit Executives: Guiding Your Organization to Long-Term Success

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