Nonprofit Finance

Complimentary copies are available to current BMWL clients.  Please email [email protected] to request additional copies.

Nonprofit Finance: The Field Guide for Financial Operations of Ministries, Schools, and Other Public Charities

Author: Michael E. Batts, CPA

Financial administration is a critically important and foundational element of a sound and healthy nonprofit.  If done poorly, every day can bring a new emergency or crisis, which can impair the credibility of the organization’s message or impede its ability to carry out its mission effectively.  That said, Mike Batts’ Nonprofit Finance: The Field Guide for Financial Operations of Ministries, Schools, and Other Public Charities, was designed specifically to provide the clarity and guidance needed to successfully navigate financial administration while effectively pursuing your nonprofit’s purpose.

With so many laws, rules, best practices, and other considerations that can apply to the financial administration of a nonprofit, even the best financial and administrative leaders need help at times.  Therefore, the main goal of this book is to aid nonprofit leaders in their journey in a practical way that supports daily operations.

Table of Contents

Chapter Titles

1. Mission, Purpose, and Budgeting
2. Accounting and Financial Reporting
3. Income—Contributions
4. Other Revenue Sources
5. Compensation
6. Managing Liquidity and Financial Position
7. Maintaining Sound Internal Control
8. Audits and Other Financial Accountability Activities
9. Tax Compliance
10. Governance and Policies
11. Risk Management

Appendices

Appendix A. Sample Conflicts-of-Interest Policy

Appendix B. Sample Executive Compensation-Setting Policy

Appendix C. Sample Policy on Dishonesty, Fraud, and Whistleblower Protection