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Nonprofit Accounting Basics
The "what and why" of having operating reserves are intertwined and fundamental. In its very simplest conception, an opera
In our article “Confused About Reserves?”, we explored different ways an organization might define its reserves.
Over the last two months, we have explored different ways an organization might define its reserves and the importance of establishing and maintaining those reserves.
The Nonprofit Operating Reserves Initiative Workgroup (NORI) first began meeting in 2007 to address the alarming
Nonprofits plan every fiscal move with great caution, backed up with thorough analysis.
What is an operating reserve, and why does every nonprofit need to address this issue?