Real learning gets to the heart of what it means to be human. Through learning we become able to do something we never were able to do.
― Peter M. Senge
― Peter M. Senge
How do you make your nonprofit financially healthy? No, I don’t have a good punch line, but I do have some clues to offer. When I am asked to assess organizational health, the very first thing I look at the Unrestricted Net Assets or URNA.
So, what are Unrestricted Net Assets? Simply put URNA represent the money that can be used completely at the discretion of the nonprofit. URNA are the resources that the organization “owns.” Your URNA are so critical to your organization’s health because not having them, not having enough causes all sorts of headaches and heartaches that make running a nonprofit seem like a bad dream. |
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