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Building Operating Reserves 2017
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According to the National Council of Nonprofits, only 23 percent of nonprofits had more than six months of cash in reserve in 2015. In fact, the majority of the nonprofits reported that they had less than three months of operating reserves on hand. And 12 percent had less than 30 days. This may be the reality for many nonprofits, but that does not mean that it is optimal.
Listen to this informative webinar where you'll learn:
Why operating reserves are so important,
How to determine the optimal amount for your operating reserve; and
How to set a path towards achieving your goal.
Claudia Schechter, Independent Public Lands Consultant
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Public Lands Alliance
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