ESSENTIALS OF AN OPERATING RESERVE POLICY FOR NONPROFITS
June 5 @ 2:00 pm – 3:00 pm EDT
Free
1 CPE credit
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
| Program Description | Essentials of an Operating Reserve Policy for Nonprofits |
| Important Notice Regarding CPE: | |
| Learning Objectives | 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. |
| Instruction Delivery Method | Group Internet Based |
| Recommended CPE Credit | 1 Credit |
| Recommended Field of Study | Specialized Knowledge |
| Prerequisites | Basic knowledge of your organizations operating reserves. |
| Program Level | Basic |
| Advance Preparation | None |
| Cancellation Policy | You may cancel your registration at any time prior to the event. |
| Complaint Resolution Policy | For more information regarding refund, concerns and program cancellation policies, please contact our offices at erin.crowley@marcumllp.com. |
 | Marcum LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org. |
