Nonprofit organizations need an adequate operating reserve to maintain fiscal stability and reduce risks of insufficient funds in times of decreased contributions or unforeseen increases in expenses.

Business accountants measure financial performance and success in myriad ways, including the percentage or ratio known as "operating margin." Operating margin helps accountants and business managers ...

One of the most impactful grant programs the Kendeda Fund has ever undertaken was funding our nonprofit partners’ operating reserves. At the end of 2023, Kendeda will be “sunsetting”—winding down ...