Free PDF Nonprofit Sustainability: Making Strategic Decisions for Financial Viability
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Nonprofit Sustainability: Making Strategic Decisions for Financial Viability
Free PDF Nonprofit Sustainability: Making Strategic Decisions for Financial Viability
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About the Author
Jan Masaoka (San Francisco, CA) is a leading nonprofit thinker, writer, and editor of Blue Avocado, a bimonthly online magazine (50,000 subscribers) that features Jan's signature column Board Cafe (from which her book Best of the Board Café (Fieldstone, 2003, 2009) was compiled. As the former executive director of CompassPoint Nonprofit Services, she was named Executive Director of the Year in 2002 by Nonprofit Times, and California Community Leader of the Year in 2005 by Leadership California. She served on the Governance & Fiduciary Responsibility Committee of the Panel on the Nonprofit Sector, convened by Independent Sector to advise the U.S. Senate Finance Committee. Steve Zimmerman, (Milwaukee, WI) M.B.A., C.P.A., is principal at Spectrum Nonprofit Services, a multi-service consulting firm specializing in business planning, strategy and financial analysis for nonprofits and foundations. An MBA and CPA, Zimmerman's previous work includes Projects Director at CompassPoint Nonprofit Services, Associate Director for Earth Island Institute, and CFO and Development Director for other community-based nonprofit organizations. In addition to his consulting and training, he writes for Blue Avocado as well as The Nonprofit Quarterly and BoardSource. Jeanne Bell (San Francisco, CA) is CEO of CompassPoint Nonprofit Services, a leading consulting, research and training firm for nonprofits. Based on her own CFO and COO experiences along with extensive consulting work, Jeanne coauthored Finance Leadership for Nonprofits (Fieldstone, 2005), and her published research work includes numerous nonprofit-oriented studies. The former Advisory Board Chair for the Institute for Nonprofit Organization Management at USF, she serves on the Alliance for Nonprofit Management board.
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Product details
Paperback: 208 pages
Publisher: Jossey-Bass; 1 edition (November 9, 2010)
Language: English
ISBN-10: 0470598298
ISBN-13: 978-0470598290
Product Dimensions:
7 x 0.4 x 9.1 inches
Shipping Weight: 12 ounces (View shipping rates and policies)
Average Customer Review:
4.4 out of 5 stars
36 customer reviews
Amazon Best Sellers Rank:
#74,858 in Books (See Top 100 in Books)
Nonprofit Sustainability is a must-read for nonprofit leaders and board members. I only wish the book came out years ago. This is a breakthrough resource on many levels. Sustainability is a hot topic today but too often it's discussed in platitudes. Not here. The authors address the nexus between mission impact and viability, and they give you a framework, a road map, and valuable hands-on tools, not to mention a variety of different examples that illustrate the tools in action. They take powerful concepts from the business world and adapt them to the nonprofit sector in ways that reflect the nuances and differences of the sector, based on the authors' deep experience with nonprofits of all shapes and sizes. Each chapter brings new "Aha!" moments. Get this book for your staff and board and go back to the drawing board with a matrix map analysis and a sustainable business model. You'll be glad you did!
Tons of great info! I'm starting a non profit and the book is helping me set it up so that financial sustainability and program effectiveness are firmly linked. In my experience with non profits, the biggest problem was the attitude that we should all welcome poverty & self sacrifice because our cause was more important. Nonsense! Now I can see that getting by on a shoestring not only short-changes the effectiveness of vital programs, the constant financial stress causes burnout among the ranks and saps energy that could be better used making a difference. P.S. the Ford Family Foundation offers several titles for free to those starting a non profit.
rather than a book. Essentially relabeling the Boston Consulting Group star / dog / cash cow diagram and applying it to non-profits if I understood it correctly. Not a bad read, but the point could have been conveyed far more succinctly, and I think I WAY overpaid for the simplified content.
I was privileged to serve 30 years as a nonprofit CEO. Over those years, I've collected my favorite one-liners on nonprofit sustainability:--One of my favorite profs, especially gifted in one-liners (and magic tricks), often chuckled, "We're nonprofit, but we didn't plan it that way."--"Nonprofit is a tax designation, not a management philosophy."--I've listened to thousands of staff members whine: "Yeah, but are we a ministry or a business?" (Their answer is in their question and the way they intone that nasty B-word.)My response: that's the wrong question. The Bible doesn't create the negative dichotomy between business and ministry. The better question is: "Whatever tax code we use to serve others, will we be sustainable and God-honoring over the long-term?"--Jesus taught us in Luke 14:28-30, "Is there anyone here who, planning to build a new house, doesn't first sit down and figure the cost so you'll know if you can complete it? If you only get the foundation laid and then run out of money, you're going to look pretty foolish. Everyone passing by will poke fun at you: `He started something he couldn't finish.'" (The Message)So with that introduction, I was delighted to find this resource-rich book, Nonprofit Sustainability: Making Strategic Decisions for Financial Viability. The three co-authors deliver the perfect PowerPoint slide on page 25--and then build their case across all 173 pages. It's part Nonprofit 101 and part Harvard Business School.Getting to nonprofit sustainability involves three steps: --The Matrix Map Analysis --Decision Making --The Sustainable Nonprofit Business Model"The Dual Bottom Line" matrix map addresses mission impact and financial sustainability--with four easy-to-remember icons:Stars: High Mission Impact, High ProfitabilityHearts: High Mission Impact, Low ProfitabilityMoney Tree: Low Mission Impact, High ProfitabilityStop Sign: Low Mission Impact, Low ProfitabilityPop Quiz! Assemble your team and draw the Dual Bottom Line Matrix Map on your flipchart or whiteboard--and then plot every program, service and product you provide into one of the four quadrants.Your Results:Stars: If you have an abundance of stars, way to go!Hearts: Here you're leading with your heart--and that may be appropriate--but if you're too heavy here, you'll need more oomph in the Money Tree quadrant.Money Tree: If you have some "cash cows" (to mix metaphors), terrific. Maybe you can make adjustments and increase mission impact.Stop Sign: This is a no-brainer. Fix these programs or stop doing them.As I often prod leaders, delegate your reading. Several people on your staff and your board must read this book--and review it at your next staff or board meeting. It will be on my year-end Top-10 list. Here are a couple of questions you might ask:--Many organizations put inappropriate time and budget into lagging programs and services, rather than using the authors' "invest and grow" strategy for "Stars." Are we investing and growing in our Stars--or trying to resuscitate one or more dead horses?--When is the last time we held up a "Stop Sign" to a program, product or service. If it were up to you, what would we stop doing immediately--and cut our mounting losses? To help, I often pass along this insight:"Dakota tribal wisdom says that when you discover you are riding a dead horse, the best strategy is to dismount."
I'm the executive director of a small educational nonprofit and this book has revolutionized our approach to strategic planning. Every year, at our board retreat, we map out our programs (business lines) based on their mission impact and profitability. This framework provides a foundation for meaningful discussions about the best way to both execute our mission and keep our organization solvent in the long-term. This book should be required reading for all board members and nonprofit leaders.
I'm relatively new to a non-profit board and was asked to give a presentation on this concept. I was able to get through the book in a couple of sittings and prepare a few slides that were very helpful to our group. The book has lots of examples about different types of non-profit organizations, so I was able to find examples that were comparable to our charity.
The authors provide a very good framework for CEO, CFO, and board members to strategically evaluate an NFP organization. Especially well written for non-financial thinkers to use to understand the relationship between mission and business model.
easily accessible for novices, yet helpful also for veterans in the nonprofit field. concise, understandable, and relevant. lots of examples to solidify concepts.
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