Accounts receivable management in nonprofit organizations
Accounts receivable management in nonprofit organizations

Summary/Abstract: Accounts receivable management should contribute to the realization of basic financial purpose of a nonprofit organization, which is the most financially effective realization of its mission. The non-profit organization’s mission realization is more effective when it is realized in the most efficient way. It is also executed with a focus on risk and uncertainty. This article presents the consequences that can result from operating risk to determine the level of accounts receivable in the nonprofit organization. Any change in the level of accounts receivables in a nonprofit organization increases the net working capital level and influences costs of holding and managing accounts receivables. Data collected from the 2009 and 2010 financial statements of 337 Polish nonprofit organizations are used to illustrate the material.

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