Module 3: October 22, 2021
Assets and Liabilities Resilience Strategy
Instructor: Dr. Roland J. Kushner, Muhlenberg College
This module will examine the balance sheets of nonprofits from the viewpoint of organizational resilience, including financial and non-financial assets and liabilities. Special attention will be given to the role of debt, liquidity, and restrictions on the use and sale of nonprofit financial and material assets as they affect the fragility and resilience of nonprofits in a crisis. The role of endowments, reserve funds, lines of credit, marketable assets, collateral and social capital will be considered. Emphasis on healthy nonprofit governance practices and external networks and relationships as they relate to financial health and organizational resilience will be highlighted.