Overview

Join us for an informative webinar where we’ll explore the critical aspects of creating an effective operating reserve policy tailored for nonprofit organizations. Learn why building and managing reserves is crucial for financial health, particularly in uncertain economic climates.

Key Takeaways

• Recognize the role of operating reserves in balancing nonprofit sustainability with mission goals.
• Determine appropriate reserve levels using organizational benchmarks.
• Examine the influence of economic conditions and political factors on reserve policies.
• Examine the necessity of reserves for strategic growth and leadership transitions.
• Determine the effects of legal, technological, and membership changes on reserves.
• Develop methods to diversify funding and strengthen financial stability.

Presenters

Jay Sciuto, Partner, Nonprofit Assurance – Marcum LLP
Thomas E. Jenkins, Director, Client Advisory Services – Marcum LLP

CPE CREDITS