Significance of liquidity in nonprofit organizations


Write down a 700 to 1,050 word paper, addressing the given scenario:

You have been hired as the Chief Financial Officer, a newly created position, for a fast growing nonprofit organization which sells discounted clothing. The organization rents a building, mortgaged at an adjustable rate, to the other entity. Starting next year, the mortgage interest rate will raise and monthly expenses will surpass monthly revenue. You estimate you will exhaust the account in six months.

Address the given points in your paper:

Explain the budget shortfall.

Generate suggestions to address the shortfall.

Describe the significance of liquidity in nonprofit organizations.

Describe the relationship between the fundraising and liquidity analysis.

Make a cash budget to alleviate the future shortfalls.

Format your paper consistent with the APA rule. 

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Other Management: Significance of liquidity in nonprofit organizations
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