MANP Nonprofit Resource Library

Operating Reserves for Nonprofits (National Council of Nonprofits) 

10-12-2022 09:13 PM

Many nonprofits report they have less than three months of operating reserves on hand. This may be the reality for many nonprofits, but that does not mean that it is optimal. Many nonprofit boards adopt policies to maintain an operating reserve because it is prudent to have some cash set aside “for a rainy day.” 


#finance
#businessplanning

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