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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
"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