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Reply To: Private: Nonprofit dissolution and use of finances

Kate: Thanks for your thoughts and recommendations – they’re very much on point. Tomorrow, I’m headed to one of their service addresses to go through…

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Reply To: Private: Nonprofit dissolution and use of finances

Our organization has had various roles with several organizations through the process of dissolution. The messiest ones don’t have the resources to satisfy all of…

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Reply To: Private: Managing and using cash reserves

Approving a deficit budget is a commitment to using reserves intentionally. It’s great if you don’t have to, but the practice of making them available…

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Reply To: Private: Managing and using cash reserves

At this point we haven’t used our reserves (at least any time recently). During COVID they grew due to PPP funds due to our billing…

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Reply To: Private: Managing and using cash reserves

VISIONS revenue from NYS is dependent on providing a service that achieves a participant outcome. Anything that adds to or stabilizes our direct service and…

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Reply To: Private: Managing and using cash reserves

I love this way of using reserves to make important moves to live out the values of the organization as an employer. One the one…

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Reply To: Private: Managing and using cash reserves

We have used our cash reserves to increase the lowest paid staff to a minimum $21 per hour wage, consistent with a “living wage” for…

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Reply To: Private: Managing and using cash reserves

QUESTION FOR YOU AND IN PREPARATION FOR OUR EVENT ON OCTOBER 27 How has your organization actually used its reserves (if it has used them)…

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Reply To: Private: Managing and using cash reserves

We are going to be hosting an online event on October 27th which is on this issue of nonprofit reserves – the reality show. Among…

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