Read how sturdy your balance sheet really is against a shock, name where you are strong and where you are fragile, and hand the risks that are bigger than a reserve to where they are addressed.
Last in Build Financial Resilience and Reserves, and revisited yearly.
Heavy reliance on one funder, or exposure to a disruption that could stop your work, is bigger than a reserve. Concentration and disruption planning are their own work and live in operational resilience and disruption planning. A finding that you owe more than you can cover, technical insolvency, goes to your board with an accountant and possibly an attorney, now.
A strong reserve makes you sturdier, but it does not answer every risk. This read tells you what your reserve covers and what it does not, so the larger risks get handed to the pathway built for them rather than quietly ignored. Uses the Months-of-Cash Calculator and the True Available Cash Calculator.
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