The Cash Flow Management Book for Nonprofits: A Step-by-Step Guide for Managers and Boards [Paperback]

Murray Dropkin (Author), Allyson Hayden (Author)

Book Description

ISBN-10: 0787953857 | ISBN-13: 978-0787953850 | Publication Date: October 15, 2001 | Edition: 1st

The first and only guide of its kind to offer nonprofit executives help with the vital task of cash flow management!

Murray Dropkin--an expert in the field of nonprofit accounting and author of The Budget-Building Book for Nonprofits--reveals how to create an effective plan for cash flow management. This unprecedented guide offers you nuts-and-bolts suggestions for using this plan to develop successful strategies for the day-to-day and long-term financial planning of any nonprofit organization. Filled with to-do lists, sample forms, worksheets, schedules, policies and procedures, and checklists, The Cash Flow Management Book for Nonprofits is a fundamental financial management toolkit for nonprofit managers and board members.

Editorial Reviews

Review

"A Step by step guide for managers, consultants, and boards has been issued by Jossey-Bass (San Francisco)." (Accounting Technology, 2/1/02)

Review

"Murray Dropkin and Allyson Hayden have developed more than a practical how-to book on the critical issue of cash flow management. They provide comprehensive guidance for the financial expert and a context to enable the whole organization to develop a 'cash flow awareness.'" —Frances Hesselbein, chairman of the board of governors, the Peter F. Drucker Foundation for Nonprofit Management

"Positive cash flow is the life-blood of any organization, and The Cash Flow Management Book for Nonprofits is an essential guide to charting a course for success." —Ron Werthman, vice president, finance/treasurer and CFO, Johns Hopkins Health System, The Johns Hopkins Hospital

"The Cash Flow Management Book for Nonprofits takes the reader well beyond cash into the operational processes that generate it. The book reflects extraordinary insight into the real-life opportunities and pitfalls associated with managing in nonprofit organizations." —David H. Freed, senior vice chancellor and chief operating officer, The City University of New York

"This book provides every nonprofit, regardless of size or focus with useful strategies for enhancing their bottom line through effective cash flow management." —Carol Wolff, president, the National Area Health Education Center (AHEC) Organization

See all Editorial Reviews

Product Details

• Paperback: 240 pages
• Publisher: Jossey-Bass; 1st edition (October 15, 2001)
• Language: English
• ISBN-10: 0787953857
• ISBN-13: 978-0787953850
• Product Dimensions: 11 x 8.5 x 0.8 inches
• Shipping Weight: 1.7 pounds (View shipping rates and policies)
• Average Customer Review: 4.5 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #446,919 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

9 of 9 people found the following review helpful:

5.0 out of 5 stars Excellent Resource, November 6, 2006

By 

Beth Shaver "Non-Profit Director" (Southeast Ohio) - See all my reviews
(REAL NAME)   

This review is from: The Cash Flow Management Book for Nonprofits: A Step-by-Step Guide for Managers and Boards (Paperback)

I have found this book to be very helpful and easy to understand. We have developed new cash flow reports that have been invaluable to our staff and board. I would highly recommend this book to others in the nonprofit business.

3 of 3 people found the following review helpful:

4.0 out of 5 stars Great book for the medium sized (and larger) non-profit, April 6, 2009

By 

J. Valencheck (St. Louis, MO) - See all my reviews
(REAL NAME)   

This review is from: The Cash Flow Management Book for Nonprofits: A Step-by-Step Guide for Managers and Boards (Paperback)

This book covers a lot about how to set up a formal budgeting process and how cash flow forecasts differ from an accrual accounting process. It also covers the many different types of income a non-profit might receive and how those should be dealt with differently. I got this because I am starting a non-profit and we are VERY small right now, but need to know how to make sure we are managing our cash flows and had hoped for some more information on taxation of funds. They only go into taxation a little and the book goes into very formal ways to set up a budgeting process. It is definitely geared more towards a medium and larger sized non-profit, but its all good info for the future. I wouldn't necessarily recommend for a small non-profit that is just starting up.