top of page

Title:             Nonprofit Accounting & Financial Statements:
                      Overview for Board, Management, and Staff
                      Revised 2nd Edition

Author:        Thomas R. Ittelson

Publisher:    Mercury Group Press, Cambridge, MA

ISBN:             978-0-9971089-6-5 (paperback)
                      978-0-9971089-7-2 (Kindle)

Price:            $17.95 (paperback)
                      $9.95 (Kindle)

Published:   September 2017

Nonprofit Accounting & Financial Statements: Overview for Board, Management, and Staff.

Order your copy now from Amazon - now.

Read the book review by Peter Lowy, Peter Editor & Publisher of MassachusettsNonprofit News A Resource to Boost Nonprofit
Financial and Accounting Literacy
(May 2017)

Revised 2nd Edition with 2017 Accounting Standards Update.

A simple, yet complete (and very readable) guide to nonprofit accounting and financial statements preparation. Ideal for non-financial board members, managers and staff.


Teaches how money enters the organization as donations and grants and then exits the organization as expenses or capital purchases. Shows how nonprofit financial transactions are recorded and how summaries are prepared and presented to stakeholders—board members, managers, staff, customers, clients, community, and government for review. Pared down to the essentials for easy understanding.


No prior accounting knowledge is required. No jargon is used and complete definitions of all necessary terms are supplied. Focus is on key nonprofit accounting and financial reporting concepts and on communicating “the numbers” efficiently for effective use in oversight and decision-making.


Immensely helpful information made accessible in an informal and witty way. An accounting book that is actually as enjoyable as it is useful. See testimonials.


Information contained in this book can be customized for a particular organization. Specialized teaching materials are available from the author and the publisher. For additional information and/or quantity pricing of this book for nonprofit organizations, please contact the publisher at:

bottom of page