Tag: Operating Reserve.

Why is Operating Reserve Important for nonprofit Organization?

Why is Operating Reserve Important for Nonprofit Organization

Business worldwide has suffered negative impacts due to the pandemic crisis, and nonprofit organizations are no exception. Faced with so many difficulties, several organizations are clinging to life as there is a considerable dip in contributions. Organizations that carefully planned their operational reserves had the lifeline during this crisis and have proven to be an essential factor now than ever before.

nonprofit organization, nonprofits, Operating Reserve.

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