BYU ScholarsArchive

Title

Best Practices for Financial Success in the Nonprofit Sector

Authors

Zach McKenzie, Brigham Young UniversityFollow
Benjamin Hendricks, Brigham Young UniversityFollow
Emily Foskey, Brigham Young UniversityFollow
Michelle Baria, Brigham Young UniversityFollow
Gabriel Walker, Brigham Young UniversityFollow

Files

Keywords

nonprofit, finance, best practices, management, museum, financial analysis, west, stability, philanthropy, fundraising

Abstract

With the recent upturn in economic success over the past year, United States citizens are becoming more and more poised to contribute to nonprofits and philanthropic causes. The aim of this project was to establish the best practices for financial success in the nonprofit sector as nonprofits look for an increase of funding from this philanthropic surge. Using ratio and environmental analysis, we found several best practices that can be applied to other organizations.

BYU ScholarsArchive Citation

McKenzie, Zach; Hendricks, Benjamin; Foskey, Emily; Baria, Michelle; and Walker, Gabriel, "Best Practices for Financial Success in the Nonprofit Sector" (2018). FHSS Mentored Research Conference. 340.
https://scholarsarchive.byu.edu/fhssconference_studentpub/340

Document Type

Poster

Publication Date

2018-04-12

Language

English

College

Marriott School of Management

Department

Management

University Standing at Time of Publication

Senior

Course

RECM 497R

Copyright Use Information

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