Business Administration Manager, Non-Profit Organization Salary
Job Description for Business Administration Manager, Non-Profit Organization
A business administration manager of a non-profit organization plays a key role in ensuring that their organization uses its scarce financial resources in the most effective ways possible. These managers also work with other department managers to develop and approve workable budgets, expenditures, and cash outlays. They also work with their organization's accounting and bookkeeping personnel to constantly monitor cash flow and with fundraising managers to determine the working capital needed to maintain operations and meet the group's goals.Read More...
Because non-profit organizations do not generate revenue for profit, it is important that any generated revenue is accounted-for and used according to legal guidelines governing the organization. The business administration manager ensures that all funds raised are used either for the group's stated aim or in some other way within its operations. For larger groups, this may include overseeing the investiture of funds which are meant to be part of their overall fundraising operations.
Non-profits must typically stay clear of onerous debt, so it is the business administration manager's job to set and continually monitor budgets and expenditures. This manager must constantly revisit and adjust these budgets as needed to ensure the organization operates within its means. He/she also works to keep these operations as efficient and transparent as possible, as many donors to such non-profit groups also examine the ways they utilize their operating capital.
To be a business administration manager for a non-profit organization, a person must typically have at least a college degree in business, perhaps with an area of emphasis in finance. This is generally a full-time position (depending on the particular organization) which requires long hours during the work week. Those in this position typically work in office environments.
Business Administration Manager, Non-Profit Organization Tasks
- Plan, direct, or coordinate supportive services of a non profit organization, such as managing and analyzing the financial operations.
- May oversee facilities planning and maintenance and custodial operations.
- Maintains all financial records, oversees client accounting and manages and organizes the office.
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Popular Skills for Business Administration Manager, Non-Profit Organization
Survey results show that Non-Profit Business Administration Managers use a fair number of skills. Most notably, skills in Project Management, Budget Management, Human Resources, and People Management are correlated to pay that is above average, with boosts between 9 percent and 15 percent. Skills that pay less than market rate include Accounting. Most people familiar with Accounting also know Human Resources.
Pay by Experience Level for Business Administration Manager, Non-Profit Organization
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Non-Profit Business Administration Managers with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Although individuals who have less than five years' experience earn $41K on average, people with five to 10 years benefit from a notably larger average of $48K. Non-Profit Business Administration Managers bring in $51K after working for 10 to 20 years. People who have worked for more than 20 years report a median income of $52K, which is barely higher than the median for folks with 10 to 20 years of experience.
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