Unrestricted Net Assets and Key Financial Ratios Help Nonprofits Focus on their Financial Health
Tháng hai 4, 2022
In summary, the unrestricted net assets provide GoodHeart Charity with the financial flexibility they need to fulfill their mission effectively and adapt to changing circumstances. The calculation of unrestricted net assets is influenced by an organization’s revenue and expenses. Revenue sources such as donations, grants, program fees, or investment income contribute to increasing unrestricted net assets. Conversely, expenses like salaries, rent, utilities, and program costs decrease these assets. From a[...]