Refer to bylaws, founding documents for guidance on use of financial reserves
With any luck, your nonprofit has been financially responsible and planned ahead for economic uncertainty. If that's the case, it likely has accumulated some extra funds in an operating reserve account that is meant to help the organization through trying times.
Publication Details
- Journal
- Nonprofit Business Advisor
- Published
- 2026-05-12
- DOI
- https://doi.org/10.1002/nba.33173
- Primary Topic
- Financial Reporting and Valuation Research
- Type
- article
- Field-Weighted Citation Impact
- 0.00