Your Nonprofit is Fragile
Your organization is managing day-to-day finances effectively but with limited emergency funds. Holding only three months of reserves is the absolute bare minimum and is not sufficient for protracted emergencies, particularly if your organization’s revenues and expenses are hard to predict every month.
Learn about how reserves are critical to your nonprofit’s survival and what amount is right for your organization by reviewing Why Nonprofits Need a Reserve and Risk Management.
Understand how board risk culture and the perception of risk are critical to achieving organizational resilience Jet Skis and the Perception of Risk.