Should Your Budget Balance? No!
We’ve long argued at Propel Nonprofits that break-even budgets are not only not required, but they are the biggest barrier to building reserves an…
Content Type: Article
Financial Management Models of a Great Nonprofit Dashboard
A well-designed dashboard is like a good sheepdog. It helps to keep conversations with boards, staff, and funders on point and attentive to the right …
Balance Sheet Cheat Sheet
The balance sheet reports an organization’s assets (what is owned) and liabilities (what is owed). The net assets (also called equity, capital, reta…
Analyzing Financial Information Using Ratios
Financial ratios are an established tool for businesses and nonprofits. This tool provides calculation of 14 ratios, including a mix of balance sheet …
Financial Policy Guidelines and Example
Developing and adopting a written financial policy is a valuable practice for any nonprofit organization, no matter how small or large. Financial poli…
Operating Reserves with Nonprofit Policy Examples
Operating reserves should not be used to cover a long-term or permanent income shortfall. Reserves can allow an organization to weather serious bumps …