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Many nonprofits rely on conventional methods of making and managing money-from donations to cash reserves, endowments, and capital building campaigns-in hopes of securing financial stability for the future. Yet these acquired funds often remain tantalizingly out of reach for day-to-day operations; the balance sheet may look good, but the actual cash available is often surprisingly low. In order to achieve their missions, nonprofits need to fundamentally change the way they think about money. Richard and Anna Linzer introduce a groundbreaking approach to nonprofit financial management based on cash flow and the use of credit that gives nonprofits the money they need, when they need it while ensuring the long-term financial well-being of the organization. Their revolutionary and effective financial model is explained in clear and understandable terms for decision makers in both large and small nonprofit organizations. "The Linzers are revolutionaries in the nonprofit financial world and leaders should take notice!" --Martha J. Perry, associate executive director, McCune Foundation "A great book for any board member of a nonprofit organization." --Michael Schlesinger, attorney, author, lecturer, and commentator in the field of taxation "Nonprofits now have a choice: Muddle along from crisis to crisis or follow the advice in this excellent, innovative book." --Irene Y. Namkung, past board president, the Western Arts Alliance, Northwest Folklife, and Oregon Potters' Guild "It's heresy, but it works. The Cash Flow Solution presents solid steps to financial sanity in the nonprofit boardroom." --James A. Kolb, West Sound Academy "From time to time a book makes so much sense you wonder why someone did not write it a long time ago. Richard and Anna Linzer's book "The Cash Flow Solution" is such a book. The principles are as fundamental and rock-solid as they are innovative. Applying their suggestions could help many troubled organizations survive and thrive. More importantly, the Linzers' insight could lead many nonprofits in coming closer to fulfilling their potential to deal with the many needs of our society." --Mike Pedretti, Artistic Director and President, Movement Theatre International

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Book Details

ISBN: 9780787978334
ISBN-10: 0787978337
Format: Paperback
(228mm x 155mm x 12mm)
Pages: 160
Imprint: Jossey-Bass Inc.,U.S.
Publisher: John Wiley & Sons Inc
Publish Date: 24-Nov-2006
Country of Publication: United States

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Author Biography - Richard S. Linzer

Richard Linzer is a nationally known consultant and facilitator who works with a cross-section of businesses, nonprofit organizations, and government agencies. With nearly forty years of experience, he specializes in the use of cash flow budgeting and credit by nonprofit organizations. Anna Linzer is an award-winning poet and writer who, with Richard, leads retreats and sessions on nonprofit financial management. Her book of fiction, Ghost Dancing, received the American Book Award in 1999.

Books By Author Richard S. Linzer

Cash Flow Strategies by Richard S. Linzer

Cash Flow Strategies

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