Saving Money in Nonprofit Organizations

A very practical, walk-away-with-dozens-of-new-ideas book fornonprofit managers who face the constant challenge of increasingincome and reducing expenses. The author not only encourages goodfiscal management, he motivates the reader and provides a road mapfor saving a lot of money. --John Pearson, CEO, Christian Management Association A straightforward, no-nonsense guide to streamlining expenseswithout sacrificing valuable programs and services. Even in a good national economy, nonprofit organizations can havetight financial constraints. And since most nonprofits are alreadyoperating close to the fiscal balance line, they feel the financialpinch sooner and more acutely than business or government when theeconomy takes a downward spin. This nuts-and-bolts resource will help you find ways to: --Effectively balance your budget --Minimize spending through thirty general money-saving principlesand opportunities --Maximize your organization's various assets --Save money on personnel costs without firing anyone --Reduce office equipment and supply costs --Negotiate the best possible price with vendors--Develop long- andshort-term strategies for expense reduction --Create an action plan as well as a cost-saving team The money-saving tips that Gregory Dabel presents in this usefulguide will benefit even those organizations whose revenues arethriving. Saving Money in Nonprofit Organizations is forprofessionals who are ready to take action and improve theirfinancial bottom lines.

HOW YOUR NONPROFIT CAN START SAVING MONEY. 1. Balancing the Budget Does Not Have to be a Gut-WrenchingExperience. 2. Thirty General Money-Saving Principles and Opportunities. 3. Preventive Medicine--Avoiding the Really Big Expenses. 4. Maximizing Your Organization's Assets. MONEY-FINDING AND MONEY-SAVING IDEAS YOU CAN USE TODAY. 5. Saving Money on Personnel Costs Without Firing Anyone. 6. Mandatory Employee Benefits, Costs, and Payroll Taxes. 7. Optional Employer-Provided Benefits. 8. Office Space and Other Occupancy Costs. 9. Equipment That Can Stretch Those Dollars. 10. Traveling on a Nonprofit Budget. 11. Insurance Doesn't Have to Be at a Premium. 12. Consulting and Professional Services on a Tight Budget. 13. Communications--Making Talk Cheap. 14. Miscellaneous Line Items--More Dollars in Your Pocket. HOW TO GET EVERYONE TO SAVE MONEY. 15. Removing Obstacles to Reducing Expenses. 16. Making a Plan of Action and Starting to Save Money. 17. Creating a Cost-Saving Team.