Tools to Calculate Your Financial Standing

Covid-19 Info Banner for CC - 3-19-20 - D&A

By Susan Rosati

Financial testing at your non-profit has never been more critical and this article from NPQ offers great advice on how to weather the storm. By calculating these simple ratios and reviewing your cash flow your organization can better understand their reserves which will allow for better planning in any scenario. In addition to these steps the mission margin matrix allows non-profits to dig a little deeper and highlight both impact and profitability. These are productive steps to take and by including everyone in the discussion not just a few non-profits will get through this crisis. CLICK HERE for the article.