Understanding Nonprofit Financial Statements

Our no-nonsense explanations will help you quickly understand complicated financial concepts so that you are equipped to perform your legal and fiduciary responsibilities, to set realistic financial goals, and to determine your organization's performance. The third edition of this best-selling title has been thoroughly updated to reflect changes in financial practices and rules. It has been expanded to include practical tips for board members and a comprehensive glossary. It also includes a CD-ROM with a ready-made presentation designed to help your entire board understand and review the organization's finances.