[Susan]

@Jerry Just tagging Jerry as I’m curious about this question (and responses) as well.

[Susan]

Laura, Say more about the struggle to identify the programmatic costs. Is it a systems issue (ie no way to note on a timecard which hours are program vs admin), or?

[Susan]

And Blue Avocado has this short intro article (and probably others as well): https://blueavocado.org/finance/filing-a-form-990/

blueavocado.org

A Beginner's Guide to Filing a Form 990 for Your Nonprofit Organization - Blue Avocado

For nonprofit organizations, filing a Form 990 can be overwhelming and confusing, especially if it's your first time. In this article, we will discuss everything you need to know about filing a Form 990, including six steps to take before, … Continue reading

[Susan]

It might be helpful to have both a reserves policy in place, and an investment policy. Those can guide your decisions about when you are in a position to invest, and how to invest (and of course can be revisited and revised if/when needed).

[Susan]

Great analogy!