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Streetsmart Financial Basics for Nonprofit Managers [Paperback]

Thomas A. McLaughlin (Author)
5.0 out of 5 stars  See all reviews (1 customer review)


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Book Description

0471205702 978-0471205708 June 15, 2002 2nd
Essential, accessible guidelines for interpreting and using financial information

"A wonderful resource for nonprofit managers and board members alike. It hits the mark by simplifying accounting concepts and providing practical advice that can help nonprofits achieve a higher degree of accountability."
-Paula Van Ness, President and CEO, Make-A-Wish Foundation of America

"After thirty-three years of managing in the nonprofit sector, I find I could have used the information in Streetsmart when I first began my career. The book is a must-read for anyone interested in the effective management of nonprofit organizations."
-George W. Kessinger, President and CEO, Goodwill Industries International, Inc.

"The first edition of McLaughlin's book was a masterpiece-clearly written, concise, and insightful. These traits also characterize the Second Edition. This is an excellent text for students and also a reference that every nonprofit professional should have on their bookshelf."
-Norman A. Dolch, PhD, Director of the Nonprofit Programs and Professor of Sociology
Louisiana State University in Shreveport

"Tom McLaughlin contributes a valuable tool to those working for the betterment of society in the nonprofit fields: an important, highly readable, intelligent review of those issues which determine success and failure. All too often, well-meaning nonprofit managers find their organizations in constant crisis due to their mission-focus and mission-drive to the detriment of sound financial management. Streetsmart Financial Basics is a fast way of balancing management skills short of returning for an MBA."
-Jeffrey R. Solomon, PhD, President, The Andrea and Charles Bronfman Philanthropies

The Second Edition of this popular resource explains in plain English how to read, interpret, and implement financial data from bookkeepers and accountants to make management decisions that ensure an organization's long-term financial viability. Organized into four distinct parts-Analysis, Accounting, Operations, and Control-this book offers a host of hands-on resources for managers, including:
* A CD-ROM containing spreadsheet templates for financial reports, word-processing checklists, sample documents, and real-world examples of management in action
* Dozens of easy-to-read charts, tables, checklists, and instructive sidebars
* Inserted text boxes highlighting supplemental information
* Special comments in the narrative linking the material to personal financial management matters


Editorial Reviews

From the Back Cover

Essential, accessible guidelines for interpreting and using financial information

"A wonderful resource for nonprofit managers and board members alike. It hits the mark by simplifying accounting concepts and providing practical advice that can help nonprofits achieve a higher degree of accountability."
–Paula Van Ness, President and CEO, Make-A-Wish Foundation® of America

"After thirty-three years of managing in the nonprofit sector, I find I could have used the information in Streetsmart when I first began my career. The book is a must-read for anyone interested in the effective management of nonprofit organizations."
–George W. Kessinger, President and CEO, Goodwill Industries International, Inc.

"The first edition of McLaughlin’s book was a masterpiece–clearly written, concise, and insightful. These traits also characterize the Second Edition. This is an excellent text for students and also a reference that every nonprofit professional should have on their bookshelf."
–Norman A. Dolch, PhD, Director of the Nonprofit Programs and Professor of Sociology
Louisiana State University in Shreveport

"Tom McLaughlin contributes a valuable tool to those working for the betterment of society in the nonprofit fields: an important, highly readable, intelligent review of those issues which determine success and failure. All too often, well-meaning nonprofit managers find their organizations in constant crisis due to their mission-focus and mission-drive to the detriment of sound financial management. Streetsmart Financial Basics is a fast way of balancing management skills short of returning for an MBA."
–Jeffrey R. Solomon, PhD, President, The Andrea and Charles Bronfman Philanthropies

The Second Edition of this popular resource explains in plain English how to read, interpret, and implement financial data from bookkeepers and accountants to make management decisions that ensure an organization’s long-term financial viability. Organized into four distinct parts–Analysis, Accounting, Operations, and Control–this book offers a host of hands-on resources for managers, including:

  • A CD-ROM containing spreadsheet templates for financial reports, word-processing checklists, sample documents, and real-world examples of management in action
  • Dozens of easy-to-read charts, tables, checklists, and instructive sidebars
  • Inserted text boxes highlighting supplemental information
  • Special comments in the narrative linking the material to personal financial management matters

About the Author

THOMAS A. McLAUGHLIN has over twenty-five years of nonprofit experience as a nonprofit manager, trade association executive, and consultant. He is a nonprofit management consultant with Grant Thornton, LLP in Boston.

Product Details

  • Paperback: 256 pages
  • Publisher: Wiley; 2nd edition (June 15, 2002)
  • Language: English
  • ISBN-10: 0471205702
  • ISBN-13: 978-0471205708
  • Product Dimensions: 8.9 x 6 x 0.8 inches
  • Shipping Weight: 15.2 ounces
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #681,872 in Books (See Top 100 in Books)

More About the Author

I have nearly 30 years of nonprofit experience as a nonprofit manager, trade association executive, and management consultant.
Among my previous positions, I served as an executive with two major Massachusetts social service agencies and as Associate Director of the Massachusetts Council of Human Service Providers. I am currently on the management faculty at Brandeis University where I teach mission-based management MBA students.

I am a contributing editor for the Nonprofit Times, for which I write a monthly column. I was the first Nonprofit Scholar in Residence at the Isenberg School of Management at the University of Massachusetts/Amherst. I also serve on the Board of Directors of the Massachusetts Council of Human Service Providers, and I have served on the board of directors of the Make-a-Wish Foundation of Greater Boston and Family Service, Inc.

At Grant Thornton LLP, I work with all types of nonprofit clients in strategy development as well as nonprofit mergers and alliances. I am also nationally recognized as an expert in nonprofit financial management and organizational restructuring.


 

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1 of 1 people found the following review helpful:
5.0 out of 5 stars Real world finances, January 28, 2010
This review is from: Streetsmart Financial Basics for Nonprofit Managers (Paperback)
Nitty gritty, hands-on finances. A good resource for the nonprofit professional because it explains how things work in the real world, not just the theory.
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Inside This Book (learn more)
First Sentence:
The nonprofit industry is enormous. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
nonprofit public charities, materiality principle, conservatism principle, nonprofit accounting, attach schedule, private inurement, nonprofit setting, nonprofit managers, management letter, fund accounting, cash flow management
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Sample Ratio, Sample Balance Sheet, Item Dollars Executive, Liquidity Formula
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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