This chapter explains about on financial management as the first in series of essential skills chapters in this book was a deliberate one. The focus on financial health is no less important in the non-profit world. The income statement always represents particular period of time and lists all revenues received during that period and expenses incurred. Budgets are prospective documents that seek to describe a program's present performance and predict future revenue and expense. The balance sheet is a snapshot of an organization's financial position- the actual amounts of all of its assets and liabilities-at a given point in time. Capital structure is a concept that is common to companies, both for-profit and non-profit, and pertains to ways which an organization is capitalized, or funded. The focus on financial health is no less important in the non-profit world. There is a common phrase well known by most social work managers and leaders of non-profit human service organizations-'no money, no mission'.