How To Read Nonprofit Financial Statements
For example, if unrestricted net assets are $120,000 and monthly expenses are $20,000, the operating reserve ratio is 6. This means the organization has enough reserves to cover six months…
For example, if unrestricted net assets are $120,000 and monthly expenses are $20,000, the operating reserve ratio is 6. This means the organization has enough reserves to cover six months…
Since you have some control over these expenses, this is where a lot of decision-making will happen. Donors and partners like to see how many dollars are spent on the…
In its simplest form, an Oxford House is a shared residence where people in recovery from substance use disorder can live together and support each other in a drug and…