Murray Dropkin, Jim Halpin and Bill La Touche, The Budget-Building Book for Nonprofits: A Step-by-Step Guide for Managers and Boards (w/CD), 2nd Edition. Jossey-Bass, 2007.
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Referenced in: Church Finance
LifeandLeadership.com Summary
This manual is not written exclusively to churches, and some of the information will assume a more refined governance than the typical congregation, but for any church that finds itself in an increasingly complex financial management situation, this is a valuable guide. It covers every conceivable budget issue, some of which may not be dealt with in standard church budgeting manuals. It is a companion volume to Dropkin and Hayden’s The Cash Flow Management Book for Nonprofits.
From the Publisher
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.
From the Back Cover
This nuts-and-bolts workbook guides nonprofit managers and boards through the budget cycle, offering practical tools for completing each step of the process. Comprehensive and easy to use, The Budget-Building Book for Nonprofits provides everything budgeters and non-financial managers need to prepare, approve, and implement their own budgets.
- Examples, to-do lists, worksheets, schedules and other hands-on tools help readers: Establish budgeting policies and procedures
- Prepare budgeting requests
- Present the budget to top management and boards
- Create a budgeting calendar
- Orient program and department managers to budgeting
- Estimate income and expenses
- Determine how the board should review the budget
- And much more
Based on the authors’ years of experience in working with nonprofit management and finance, this workbook is an essential tool for anyone involved in financial management within a nonprofit organization. This workbook addresses the importance of budgets and budgeting, basic types of nonprofit budgets, and budget implementation, tracking, and reporting. The Budget Building Book for Nonprofits provides the solid foundation and hands-on tools for building successful, effective budgets.
Editorial Reviews
“This is a book every nonprofit needs.” Peter F. Drucker
“Provides clarity, strategy, and utility to the financial management 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 of 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.” Ron Werthman, vice president, finance/treasurer and CFO, Johns Hopkins Health System, The Johns Hopkins Hospital
About the Author
Murray Dropkin is president of CMS Systems, Inc., a consulting firm that specializes in improving the financial operations of nonprofit and for-profit organizations. He is the coauthor of Bookkeeping for Nonprofits and The Cash Flow Management Book for Nonprofits.
Jim Halpin has written articles for technical publications and has developed accounting software and other applications for clients in a wide variety of industries. He is the coauthor of Bookkeeping for Nonprofits and the coauthor, with Dropkin, of the newsletter Nonprofit Report.
Bill La Touche used his writing, planning, training and organizing skills to help a wide range of individuals, groups, and organizations get what they want from complex business, governmental, and nonprofit entities.
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