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Nonprofit Accounting Basics
About Operating Reserves" - What are they and why have them?
It is important for an organization to understand the composition of its net assets.
Beginning November 1, 2017 the NonprofitAccountingBasics.org website added an important new resource it its “Fundamentals” section.
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?
