Strategies for Managing Financial Uncertainty - This Nonprofit Quarterly Article authored by Thomas Raffa and Robert Cocchiaro presents a basic framework for dealing with financial uncertainty. If you do not have Adobe Acrobat for reading PDF files, go to the Adobe website where you can download the Acrobat PDF Reader for free.
Criteria for Nonprofits' Operating Reserves - This Raffa article discusses nonprofit organizations need to maintain the balance between operating income and expenses to be prepared to weather periods with revenue shortfalls.
Early Warning System for Financial Risks - The Low Income Housing Fund developed this financial risk analysis tool for nonprofits and makes it available at no cost via their website.
Dynamics of Funding: Considering Reliability and Autonomy - This Nonprofit Quarterly article presents a framework for assessing an organization’s sources of support based on the reliability and flexibility of decision-making available to the organization. The problems created by low reliability and limited autonomy funding are an obvious fact of life for nonprofits, but the solutions are not. The “Reliability-Autonomy Matrix” helps staff and board members to understand the complexity and impact of their organization’s revenue streams.
Book on Anticipating, Preventing and Surviving a Crisis in a Nonprofit - The Nonprofit Risk Management Center developed this workbook for nonprofit executives and leaders to address the Symptoms, Diagnosis, Treatment Methods and Treatment Phases of a crisis. The chapters include sample worksheets. Can help an organization target preventable crises and pinpoint other categories of crisis that can be treated to minimize the final loss facing the organization. It is available from them for $20.
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