Creating An Operating Reserve

By |2017-04-21T12:32:32-05:00April 13th, 2017|Nonprofit, Saving|

Consider the consequences for your nonprofit if an unexpected event were to deplete your cash on hand. You could be forced to divert funds from essential programs to cover the shortfall. When cash flow is tight or funds are needed due to unforeseen circumstances, an operating reserve fund can help sustain your organization. Building Reserves [...]