Your Financial Staying Power— a Practical Approach
Does your nonprofit have financial staying power? With today’s challenges to financial sustainability, many nonprofits just keep their heads above water. A FIT Nonprofit maintains the financial capability to meet its foreseeable operating cash flow needs. In this session, we will discuss real life challenges and practical solutions. Participants will learn how to analyze their organization’s operating plan to determine whether it is financially sustainable, how to approach the issue of establishing an operating reserve, how to address the variability of their organization’s income stream and other issues important to financial staying power.
Field of study: Business management