LOS ANGELES, May 28, 2024 | LAWeekly — The nonprofit sector in the United States is the cornerstone of our social safety net. From providing essential services to millions of Americans, to employing 10% of the American workforce, nonprofits address many diverse needs across healthcare, shelter, education, food insecurity, animal welfare, climate change, veterans care, social services and many more. Yet, most nonprofits operate with less than a few months of cash on hand at any given time.