The Cash Flow Solution The Nonprofit Board Member s Guide to Financial Success 1st Edition by Richard S Linzer, Anna O Linzer ISBN 0787978337 9780787978334

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Product details:

ISBN 10: 0787978337 
ISBN 13: 9780787978334
Author: Richard S Linzer, Anna O Linzer

Many nonprofits rely on conventional methods of making and managing money from donations to cash reserves, endowments, and capital building campaigns in hopes of securing financial stability for the future. Yet these acquired funds often remain tantalizingly out of reach for day–to–day operations; the balance sheet may look good, but the actual cash available is often surprisingly low.

In order to achieve their missions, nonprofits need to fundamentally change the way they think about money. Richard and Anna Linzer introduce a groundbreaking approach to nonprofit financial management based on cash flow and the use of credit that gives nonprofits the money they need, when they need it while ensuring the long–term financial well–being of the organization. Their revolutionary and effective financial model is explained in clear and understandable terms for decision makers in both large and small nonprofit organizations.

“The Linzers are revolutionaries in the nonprofit financial world and leaders should take notice!”
––Martha J. Perry, associate executive director, McCune Foundation

“A great book for any board member of a nonprofit organization.”
––Michael Schlesinger, attorney, author, lecturer, and commentator in the field of taxation

“Nonprofits now have a choice: Muddle along from crisis to crisis or follow the advice in this excellent, innovative book.”
––Irene Y. Namkung, past board president, the Western Arts Alliance, Northwest Folklife, and Oregon Potters′ Guild

“It′s heresy, but it works. The Cash Flow Solution presents solid steps to financial sanity in the nonprofit boardroom.”
––James A. Kolb, West Sound Academy

“From time to time a book makes so much sense you wonder why someone did not write it a long time ago. Richard and Anna Linzer′s book “The Cash Flow Solution” is such a book. The principles are as fundamental and rock–solid as they are innovative. Applying their suggestions could help many troubled organizations survive and thrive. More importantly, the Linzers′ insight could lead many nonprofits in coming closer to fulfilling their potential to deal with the many needs of our society.”

––Mike Pedretti, Artistic Director and President, Movement Theatre International

The Cash Flow Solution The Nonprofit Board Member s Guide to Financial Success 1st Table of contents:

Part I: Seeking a New Solution Using Cash Flow

The Case for Cash Flow
Annualized Summary Budgets and Cash Flow Budgets
All About Footnotes
Forecasting in a Fraction of Time
Monitoring in Moments
Cash Flow Analysis and Some Operating Principles
Part II: Applying the Cash Flow Solution

Nonprofits and Borrowing Money
Meeting Your Banker
Dealing with Deficits and Other Surprises
Capital Accumulation, the Great American Dream
Pros and Cons of Ownership by a Nonprofit
Earned Revenue and Discounts

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Richard S Linzer,Anna O Linzer,Cash Flow,Nonprofit,Financial Success