Every nonprofit organization exists to provide value and benefits. The BoardSource eBook Understanding Nonprofit Financial Statements concentrates on one major and widely recognized method of measuring value: financial statements and their implications for outcomes. Our no-nonsense explanations will help you quickly understand complicated financial concepts so that you are equipped to perform your legal and fiduciary responsibilities, to set realistic financial goals, and to determine your organization’s performance.

The third edition of this best-selling title includes practical tips for board members and a comprehensive glossary. It also includes downloadable content with a ready-made presentation designed to help your entire board understand and review the organization’s finances.

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