Balance sheet ratios

							                                                                        FINANCIAL RATIO WORKSHEET

                                                                           Year:            Year:                                                   Target

                   CURRENT RATIO

                       Current Assets                                               -                 -                                  At least 1:1, higher is better
                     Current Liabilities                                            -                 -


                                                                    $     #DIV/0!           #DIV/0!       of current assets for every $1 of current liabilities



               DAYS CASH ON HAND


                                                                                                                            3 months (90 days) is a common goal, depends on the
             Cash & Short-term Investments                                          -                 -                                    stability of cash receipts
                  Daily Cash Required                                               -                 -
Calculation: Total Expenses minus depriciation, non-cash expense,
       and pass-through expenses. Divide the sum by 365

                                                                          #DIV/0!           #DIV/0!       Number of days that expenses can be paid




                      DEBT RATIO


                                                                                                                          Ratio of 2:1 is comfortable, can be higher if the liability is
                     Total Liabilities                                              -                 -                  for a productive purpose such as a building or financing for
              Total Unrestricted Net Assets                                         -                 -                                        a housing project


                                                                    $     #DIV/0!           #DIV/0!       of liabilities for every $1 of unrestricted net assets




                               REQUIRE INTERNAL FINANCIAL INFORMATION NOT AVAILABLE FOR EXTERNAL REVIEW

       ACCOUNTS RECEIVABLE AGING



     Accounts receivables more than 90 days old                                     -                 -                    The lower the better, compare to field of service peers
               Total Accounts Receivables                                           -                 -


                                                                             #DIV/0!           #DIV/0! of receivables were due 3 months ago or more




          ACCOUNTS PAYABLE AGING


                                                                                                                           The goal is zero. An indication of a problem - could be
       Accounts payables due more than 90 days                                      -                 -                                    short-term or long-term
                 Total Accounts Payables                                            -                 -


                                                                             #DIV/0!           #DIV/0! of payables were due 3 months ago or more




                                                                    Provided by Nonprofits Assistance Fund 2008
                                                FINANCIAL RATIO WORKSHEET
                                               Year:             Year:                                                Target




            RELIANCE RATIO


                                                                                             An indication of a reliance on a type of income generation,
        Single largest type of income                  -                  -                    which requires focus on that area, and may be a risk
               Total Income                            -                  -


                                                  #DIV/0!           #DIV/0! of income reliant on single category


RELIANCE ON GOVERNMENT RATIO


                                                                                              An indication of possible reliance, especially important if
Grants & Contract Income from Gov't Agencies           -                  -                  funds are cost reimbursement or similar limiting formula
               Total Income                            -                  -


                                                  #DIV/0!           #DIV/0! of income reliant on government sources


       EARNED INCOME RATIO

                                                                                             Based on internal goals, compare to peer organizations or
       Total Earned Income (Revenue)                   -                  -                                 field of service comparisons.
               Total Income                            -                  -


                                                  #DIV/0!           #DIV/0! of income is earned income


       SELF SUFFICIENCY RATIO


                                                                                             Based on internal goals, compare to peer organizations or
       Total Earned Income (Revenue)                   -                  -                                 field of service comparisons.
               Total Expenses                          -                  -


                                                  #DIV/0!           #DIV/0! of expenses are supported by earned income



       PERSONNEL COST RATIO


          Total Personnel Expense                      -                  -                                 Valuable to track over time
               Total Expenses                          -                  -


                                                  #DIV/0!           #DIV/0! of expenses spent for staff costs


         BENEFIT COST RATIO


  Taxes, Insurance & Other Benefit Expense             -                  -                                 Valuable to track over time
        Total Salary & Wage Expense                    -                  -


                                                  #DIV/0!           #DIV/0! in addition to salaries is spent for taxes & benefits




                                               Provided by Nonprofits Assistance Fund 2008
                                                 FINANCIAL RATIO WORKSHEET
                                               Year:             Year:                                                Target



GEN, ADMIN & FUNDRAISING COST RATIO



    General & Admin + Fundraising Expense                -                -                 External reviewers use this to assess effective use of funds,
               Total Expenses                            -                -                 generally no more than 35%. Lower isn't necessarily better.


                                                  #DIV/0!           #DIV/0! of expenses spent on administration & fundraising


       FUNDRAISING EFFICIENCY


                                                                                                  Cost of fundraising is dependent on the type of
      Total contributed income (Support)                 -                -                   contributions solicited (large grants vs. small individual
                                                                                             donors, for example). Target based on comparisons and
           Total fundraising expenses                    -                -                                           analysis.



                                               #DIV/0!          #DIV/0!       funds raised for each dollar spent


      COST PER UNIT OF SERVICE


                                                                                              Use to monitor fundraising needs and case, to monitor
    Total Program Expenses (single program)              -                -                               expenses, and track over time
        Total Units of Service Provided                  -                -


                                               #DIV/0!          #DIV/0!       cost to provide one unit of ___________________________


     CUNA (PROFITABILITY) RATIO


                                                                                               Valuable for analysis of trends and as an indicator for
       Change in Unrestricted Net Assets                 -                -
                                                                                           planning to build reserves. The target ratio depends on how
          Total Unrestricted Income
                                                                                                   much reserve or cushion is already on hand.
      (Including releases from restrictions)             -                -


                                                  #DIV/0!           #DIV/0! of income retained for reserves and organizational cushion




                                               Provided by Nonprofits Assistance Fund 2008