Praise for Zone of insolvency
How Nonprofits Avoid Hidden Liabilities and Build Financial Strength
"Zone of Insolvency is a true wake–up call to all board and executive leaders in the nonprofit sector. The combination of real–life cases and practical tools provides a clear and powerful guide to a financially sound and responsible organization."
Carol Thompson Cole President and CEO, Venture Philanthropy Partners
"Zone of Insolvency raises the vexing financial questions that every nonprofit organization needs to ask itself regularly to justify its continued existence, and Ron Mattocks serves well the entire sector by combining research, practice, and an action plan that fits all sizes of nonprofits."
Dr. Tim SeilerDirector, Public Service and The Fund Raising School, Center on Philanthropy at Indiana University
"Too many nonprofits think the risk of financial insolvency doesn′t apply to them since they operate on the financial edge so much of the time. It′s way too easy to slip into the zone and way too difficult to get out. I hope nonprofit execs, financial managers, and board members use this excellent resource to help them recognize the peril of operating in, or even near, the Zone of Insolvency."
Christine Park President, New York Life Foundation
"A comprehensive and thoughtful guide . . . required reading for any nonprofit board member."
Darrell Clark, Attorney
"Ron Mattocks′s book is a must–read for any nonprofit executive who wishes to be a good steward of its resources."
Chad W. Davis, MBA, CPAC.W. Davis & Associates
"Zone of Insolvency should top the reading list for every nonprofit board member, manager, or donor . . . Ron Mattocks articulates a compelling strategy that will launch your organization to a whole new level of fiscal strength."
Frank Lofaro CEO, Christian Management Association
1. United Way of America: Business or Charity?
2. Foundation for New Era Philanthropy: Too Good To Be True.
3. Allegheny Health, Education & Research Foundation: Toxic Growth.
4. National Allianceace of Business: Proactive In Closure.
5. United Way National Capital Area: Rights of Ownership.
6. Baptist Foundation of Arizona: Too Good To Be True (Act II).
7. Western Fairfax Christian Ministries: Faith Vs. Prudence.
8. American Red Cross: Aggressive Stance Against Fraud.
9. Electronic Industries Alliance: Dissolution Celebration.
10. Women in Community Service: Know When To Fold ′em.
Part Two: Naming the Disease.
11. Detecting the Zone of Insolvency.
12. Governance Risks.
Part Three: Symptoms.
13. Fundraising Hazards.
14. Dissolution Issues.
15. Common Characteristics of Financially Distressed Nonprofits.
16. Common Characteristics of Financially Strong Nonprofits.
Part Four: The Cure.
Ron Mattocks has over thirty years′ experience developing financial strength for nonprofit organizations. He has served as executive staff, board member, and/or consultant with a wide array of nonprofits, from the largest to the smallest, from financially strongest to financially weakest, participating in hundreds of board meetings and working with dozens of management teams. As a consultant, lecturer, and author, he focuses on helping nonprofit organizations identify the liabilities of living in the Zone of Insolvency, and commit to solutions for long–term strength. For additional information, visit www.zoneofinsolvency.com.