Private Professor
Nonprofit Financial Management
Budgets, Reporting, and Staying Legal: A Complete Guide for Treasurers and Executive Directors
You've just become responsible for your nonprofit's finances. Maybe you're a new treasurer who raised your hand at a board meeting, or a first-time ED who suddenly needs to understand fund accounting, file Form 990s, and keep state regulators happy—all while making sure the organization doesn't run out of cash. Here's the uncomfortable truth: nonprofit financial management has legal requirements that don't exist in the for-profit world, and violations can threaten your tax-exempt status. The good news? The rules aren't arbitrary. Once you understand why nonprofit accounting works differently, compliance becomes logical rather than mysterious.
Inside this guide
- Fund Accounting: Why Nonprofit Books Work Differently
- Restricted vs. Unrestricted Funds: The Money That Isn't Really Yours
- The Form 990: Your Organization's Public Financial Report Card
- State Compliance: The Hidden Regulatory Burden
- Financial Reporting to the Board: Making Numbers Drive Decisions
- Audits, Reviews, and Compilations: What You Actually Need
- Internal Controls: Protecting the Organization from Good People