12 Characteristics of Financially Healthy Nonprofits
This Propel Nonprofits resource, released in 2023, provides 12 signs that your nonprofit will be financially healthy over the long term. It’s accompanied by a self-assessment template.
“Every director and board member of a nonprofit would like to have a large endowment, reserve cash in the bank, and a surplus at the end of every year. Unfortunately, most of us know that this might be a dream instead of reality. Without these tangible signs of financial strength, how can you know if your organization is financially healthy?
“Even though there may be occasional deficits, or periods of tight cash flow, the following characteristics are good signs that your organization will be financially healthy over the long term.”
Read the list. Then assess yourself and your organization using the template.