Financial Health
Fri, Mar 29, 2002; by Cathy Craig.
Because of the real estate aspects of community development work, CDC financial statements often look very different from those of other nonprofits. LISC has begun to create tools for CDCs to get a better handle on how to measure the financial health of their own organizations.
Click here to download "Ratio Analysis.pdf", which is a section of LISC's EaSy financial assessment tool that describes a variety of ratios and how each is calculated.
Click here to download "Financial Profile Template.xls" which can be used to summarize CDC audits to look at change over time, and to analyze a few key ratios.
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