The Budget-Building Book for Nonprofits: A Step-by-Step Guide for Managers and Boards

This best-selling nuts-and-bolts workbook, now in its second edition, has become a must-have resource for nonprofit managers and boards who are required to work through the budget cycle. The book offers practical tools for completing each step of the budgeting process. Designed to be comprehensive and easy to use, the second edition of The Budget-Building Book for Nonprofits provides everything budgeters and nonfinancial managers need to prepare, approve, and implement their own budgets. The Budget-Building Book for Nonprofits addresses the importance of budgets and budgeting, discusses basic types of nonprofit budgets, and outlines budget implementation, tracking, and reporting. In addition to updating the broad range of material, this second edition contains new information on such timely topics as zero-based budgeting and capital budgeting. New to this edition is a CD containing the CMS Nonprofit Budget Builder Software as well as electronic versions of the worksheets and exhibits to guide you through all stages of building a solid budget. Praise for the First Edition "This is a book every nonprofit needs." -Peter F. Drucker "Provides clarity, strategy, and utility to the financial and asset management of social-sector organizations." -Frances Hesselbein "This book is clear, insightful, and required reading for all who are responsible for the success of not-for-profits. If you work for or run a not-for-profit agency, you should read this book." -Peter Block, author, Flawless Consulting and The Empowered Manager "The Budget-Building Book for Nonprofits is a definitive and practical guide to the art of budgeting. It is well-written and reliable, as well as easily understandable." -Ronald J. Werthman, vice president, finance/treasurer and CFO, Johns Hopkins Health System, The Johns Hopkins Hospital Praise for the Second Edition "This book is the gold standard for providing executive managers with information essential to making the best decisions for their organizations, and will give the confidence in their fiscal systems needed in the competitive world of nonprofit management." -Don Sykes, former director, the Office of Community Services for the Clinton Administration, and president, Community Development Solutions "Written in clear language easily understood by the layman, this book contains guidance on both proper procedures and the real-world challenges of getting the organization to adopt them. The worksheets and sample forms alone are worth the price." -Elizabeth Rosen, retired chief financial and systems officer, The Morgan Library and MuseumBill La Touche is the author of 'The Budget-Building Book for Nonprofits: A Step-by-Step Guide for Managers and Boards', published 2007 under ISBN 9780787996031 and ISBN 0787996033.