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Cash Flow Strategies: Innovation in Nonprofit Financial Management

John Wiley and Sons Ltd, Dec 2007, Pages: 272


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Most nonprofits use the conventional approach to handling money: capital accumulation. They rely on donations to cash reserves, endowments, and capital building campaigns in the hope of securing financial stability for the future. However, these acquired funds often remain tantalizingly out of reach for day-to-day operations.

In Cash Flow Stategies (and its companion volume The Cash Flow Solution (07879-78337), Richard and Anna Linzer introduce their revolutionary new approach to non-profit financial management that emphasizes credit, cash flow, and new methods of risk management. The book introduces this new model and allows financial managers, executive directors, and financial consultants to understand and implement the approach. It provides the underlying theory with case studies, cash flow budgets, solicitation forms, sample letters, loan agreements and press releases, as well as the tools to create a self-administered strategic financial plan.

At the heart of the book is the Cash Flow Forecaster, software on a CD that allows users to construct cash flow budgets and a series of annual forecasts, and the Real Estate Calculator, which helps readers plan whether to invest their money in buying their buildings or to invest elsewhere.

Readers will receive:
The book: A comprehensive guide to implementing cash flow forecasting in any organization

The Cash Flow Forecaster software: An Excel-based tool that allows readers to construct a 12-month (or other term) cash flow budget and a series of annual forecasts

The Real Estate Calculator software: An Excel-based tool that allows readers to determine when and if it is best to buy property instead of renting.

An effective way to attain the working capital needed to achieve their mission and impact.

The software will be sold separately as well.

Authors bio:
Richard Linzer is a nationally known consultant who works with a wide cross-section of businesses, non-profit organizations, and government agencies. His revolutionary approach to non-profit finance has been used by the National Academy of Recording Arts and Sciences, Carnegie Mellon University, Stanford University, the Pew Charitable Trusts, and other prestigious organizations.

He is a special consultant to the State of Pennsylvania, ensuring that nonprofits fulfil their fiscal and reporting responsibilities. With nearly 40 years of experience, he specializes in the use of cash flow budgeting and credit by non-profit organizations. With his co-author Anna, Richard facilitates retreats, group meetings, and information gathering sessions using the non-profit financial management publications they have co-authored.

Anna Linzer is an award-winning poet and writer who, with Richard, facilitates retreats and sessions on non-profit financial management, using the publications they have co-authored. Her recent book of fiction, Ghost Dancing (published by St. Martin's Press), won the American Book Award in 1999.



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