Minding what matters: 6 key financial metrics for not-for-profit organizations

Navigating the financial landscape of not-for-profit (NFP) organizations can be like trying to solve a Rubik’s Cube – it’s complex, but with the right moves, everything lines up. Today, let’s unravel some of the key financial metrics that not-for-profits use to ensure they’re not just surviving, but thriving. Understanding these metrics is crucial for transparency and efficiency, so let’s dive in.

1. Expense ratio

The expense ratio is essentially your organization’s efficiency report card.…