September 23, 1999 | Read Time: 1 minute
Budgeting for Not-for-Profit Organizations
By David Maddox
This book offers a primer on crafting a budget plan to serve non-profit groups of any size, and to accustom their leaders to terms such as “performance against target” and “zero-based budgeting.”
Mr. Maddox, a management consultant at KPMG Peat Marwick, begins by explaining different types of budgets — such as centralized, incremental, or institutional — and by defining such concepts as “transparency,” which is the ability to see the economic forces behind numbers on the balance sheet.
He then delves into the details of budget financing with chapters that cover budget cycles; budget components; and capital, cash, and operating budgets. Further sections explore budget management, budget trends, and tools one can use to assist in preparing and evaluating a budget.
To illustrate his points throughout, Mr. Maddox refers to the hypothetical budgets of four types of non-profit organizations: a university, a human-services charity, an arts council, and a church.
Publisher: John Wiley & Sons, One Wiley Drive, Somerset, N.J. 08875; (800) 225-5945; fax (908) 302-2300 or (800) 597-3299; http://www.wiley.com; 269 pages; $85; I.S.B.N. 0-471-25397-9.
