5 Reasons Your Nonprofit Needs an Operating Reserve
sgEngage
SEPTEMBER 21, 2022
And yet, in the 2022 State of the Nonprofit Sector Survey , the Nonprofit Finance Fund found that 71 percent of respondents said that the need for their services increased during the pandemic. The Operating Reserve is designed to be built up to a target amount, and the funds must be replenished per the policy established by the board.
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