Balance Sheet Cheat Sheet - The balance sheet - also called the Statement of Financial Position - serves as a snapshot, providing the most comprehensive picture of an organization's financial situation. It reports on an organization's assets (what is owned) and liabilities (what is owed). Resource from the Nonprofits Assistance Fund.
Cash Flow Projection Worksheet - Understanding the ebbs and flows of your organization's cash will help you make smart management decisions that protect your core programs and overall sustainability. Managing cash flow requires three steps: planning the use of cash, anticipating any problems, and responding with appropriate management actions. Resource from the Nonprofits Assistance Fund.
Managing Cash Flow Resource Article - While standard nonprofit financial reports - the Budget, the Income Statement and the Balance Sheet - provide important management information, these statements alone do not tell whether there is enough cash on hand to pay for the unexpected heating repair, to take on a new program opportunity, or even cover payroll next month. For this, effective cash flow management is essential. This resource will help your nonprofit manage your cash flow by explaining why, when and how. Resource from the Nonprofits Assistance Fund.
Can You Afford to Pay Back Wages? - Article by Sarah Sheila Birnbach makes clear the back wages requirements under the Fair Labor Standards Act (FLSA), other federal statutes, and analogous laws at the state level.
Financial Literacy by Annuity.org - This guide on financial literacy covers topics like setting a budget, how to use credit responsibly, planning for retirement and much more to benefit consumers of all ages.
The Nonprofit Starvation Cycle - Funding strategy guide from The Bridgespan Group and covers building robust infrastructure “which includes sturdy information technology systems, financial systems, skills training, fundraising processes, and other essential overhead”