Got Liquidity Analysis?

Got Liquidity Analysis?

Over the last four years, we at threeplusone have focused much of our attention on encouraging public and higher Ed entities to perform liquidity projections on all their cash. This is both to meet expenses as well as to be proactive in managing excess cash as a revenue-generating asset.

 

Got Liquidity Analysis?

 

The basis of putting cash to work is through liquidity analysis.

In the coming year, liquidity analysis will be taken to a whole new level for all non-profit organizations. Starting in January, the Financial Accounting Standards Board (FASB) will require all non-profit organizations to disclose liquidity levels to cover expenditures on an annual basis and for future years. The ability to pay one’s bills and the source of such monies will need to be both explained and charted, with appropriate supporting data to follow.

As I have mentioned in the past, liquidity analysis is far different than the ebbs and flows of cashflow forecasting; it requires a specific niche of expertise.

This should not be a worry to those who take advantage of threeplusone’s cashVest® report. This proprietay report provides an extensive liquidity analysis with a modeling of algorithm factors in the stress level of both a public entity’s or higher Ed institution’s current cash obligations and future commitments. Our systems foresee unexpected cash needs and strains and can prepare entities to handle them well in advance. What’s more, you can be confident that our cashVest reports will be fully FASB compliant.

The ability to meet FASB Liquidity Analysis standards does not have to be a arduous process. Rather, think of it as a proactive approach to viewing all levels of cash and your ability to meet day-to-day expenditures. As we have been advocating for four years, this process will identify all cash and its ability to be a revenue-generating asset.

We fully expect the Governmental Accounting Standards Board, (GASB), will adopt this same standard in the coming years.

By A Simple Vote

By A Simple Vote

It’s a real pleasure for us to celebrate the work of others in our community—especially when the impact of that work is felt around the world.

By A Simple Vote

An organization that continues to have a profound impact worldwide is Full Circle Home, one that I have known since its inception.

This not-for-profit organization, led by Vickie Durfee, connects deployed service members at bases around the world with their loved ones all across the United States.

Since its founding in 2007, Full Circle Home has helped over 21,000 troops send holiday gifts and love notes to their families, at no cost to them. The simple act of giving a gift with a handwritten note bridges the gap between our troops overseas and those who support them back home.

By A Simple Vote

These gift packages give our troops abroad a way to express their gratitude, and recognize the daily sacrifices made by their loved ones. This gift connection spans the miles, providing encouragement and recognition to the families affected by these deployments.

I am pleased to learn that Vickie has been nominated this year for the Eagle Rare Life Award awarded by Eagle Rare Bourbon. Eagle Rare Bourbon, a Kentucky based spirit company, honors a group of individuals that embodies excellence, and demonstrates the epitome of leadership, courage, survival, heroism, devotion and character. The top five finalists to receive the most votes in each category will be considered for a category prize of $5,000 along with a winner of the $50,000 Grand Prize and Eagle Rare Life Award. These cash awards will be used by the recipients to further the noble work of their organizations. Winners are determined by public vote.

By a simple vote, you will help recognize Vickie’s work and that of Full Circle Home. Simply click on this link to vote and to read more about the Full Circle Home: https://eaglerarelife.com/stories/vickie-durfee

Your vote can make a real difference in helping Full Circle Home continue its global mission and its impact on our military soldiers and their loved ones.

Your vote will count!