• john-skillings

    Member
    April 8, 2022 at 2:57 pm

    This might be a good time to revisit your strategic plan. Does that give any guidance about program development, growth , or asset acquisitions? Does your org have sufficient operating reserves? Do you have significant fixed assets that may need replacing? The board can protect these assets through board designations of your Unrestricted Net Assets. Examples might be a Operating Reserve Fund, or a Fixed Asset fund to replace depreciated fixed assets,

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