Assertion: operating reserve | /r/HasProperty | unrestricted cash
Facets:
value: in nonprofit accounting
type: OTHER
value: on hand
type: OTHER
Source sentences:
text: In nonprofit accounting, an "operating reserve" is the unrestricted cash on hand available to sustain an organization, and nonprofit boards usually specify a target of maintaining several months of operating cash or a percentage of their annual income, called an Operating Reserve Ratio.