Operating benchmarks when cash is king.
If your church goes through several months of low giving, will you be able to keep your doors open?
A church without necessary reserves will be scrambling to operate in the short term, no matter what the other balances are. Positive net income and net asset balances won't make up for inadequate cash reserves or help in months when giving is down.
Fortunately, there are five cash flow ratios and measurements you can use to monitor your church's reserves and identify any necessary adjustments. These represent important indicators every church should understand. Read more
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