Being financially stable is critical to any business, including not-for-profit entities and especially in times of economic downturn. Many not-for-profit organizations are closely monitoring the liquidity of their assets due to current market or economic conditions and the recent disruptions in the U.S. banking system. Organizations that understand how liquidity plays an integral part in their day-to-day operations are better positioned in times of global or domestic downturns.
What is liquidity?
Liquidity…