Days of Cash on Hand is measured as the organization's cash plus savings divided by total spending less depreciation, all multiplied by 365.It is a measure of the organization's ability to sustain operations with existing cash, to meet current liabilities without having to borrow to finance these liabilities.
Please contact us at info@civicLeadershipProject.org. We are sorry for the inconvenience. Click here to view organizations excluded from the analysis due to insufficient or uninterpretable financial data (including denominators equal to zero).
A note on IRS Form 990 financial ratios: Although useful and informative as indicators, ratios are only one type of measure of the financial health and operations of a nonprofit. Financial ratios cannot tell you the full story of nonprofit's operations and impact. Click here for more information.