NONPROFIT FINANCIAL HEALTH

By Howard Max

Nonprofit leaders are challenged to constantly balance money and mission. With limited finance staff, changing economic environment, unpredictable revenue and increasing costs to do business, it’s no wonder these leaders and their supporters often struggle to ever obtain financial health and solvency. How can nonprofit executives identify what matters most when examining finances and measures of performance? Where does an organization start to create a financially healthy organization? What step by step path can a nonprofit take to manage true financial health? Most importantly, how does it last? Nonprofit Financial Health, is an actionable guide that provides clarity into what steps to take in managing a financially healthy, mid market nonprofit organization in the United States. It focuses on time tested practices, real word applications, proven business tactics and sound financial methodologies schools don’t teach.