Preview

Midterm

Satisfactory Essays
Open Document
Open Document
1621 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Midterm
Grading Summary
These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.
Date Taken:

Time Spent:

Points Received:
130 / 140

Question Type:
# Of Questions:
# Correct:
Multiple Choice
16
16
Short
3
N/A

Grade Details - All Questions

Page:
1 2 3

1.
Question :
(TCO A) Which answer includes the three major categories of nonprofit organizations?

Student Answer:

Governmental, charitable, and scientific

Charitable, governmental, and membership

Membership, educational, and veterans

Instructor Explanation:
Week 1 lecture

Points Received:
5 of 5

Comments:

2.
Question :
(TCO A) Which statement is true?

Student Answer:

State laws apply to the formation and existence of a nonprofit organization as a general rule.

State laws do not apply to nonprofit organizations.

Federal laws apply to the formation and existence of a nonprofit organization as a general rule.

Instructor Explanation:
Week 1 lecture

Points Received:
5 of 5

Comments:

3.
Question :
(TCO E) Generally, a nonprofit organization is not able to offer a salary comparable to what would be offered by a for-profit business for a similar position. What is a reason for this discrepancy?

Student Answer:

For-profits care more about their employees

Public perception

The nonprofit does not care about how much it pays employees

Instructor Explanation:
Week 2 lecture

Points Received:
5 of 5

Comments:

4.
Question :
(TCO F) You have just been promoted to Volunteer Coordinator at your organization. This is a newly created position so you are responsible for developing all aspects related to volunteer management. What should you include in the New Volunteer Welcome Packet?

Student Answer:

Job description

Executive director's

You May Also Find These Documents Helpful

  • Good Essays

    Acct 504 Quiz

    • 2094 Words
    • 9 Pages

    A corporation can be organized for the purpose of making a profit or it may be nonprofit. TRUE…

    • 2094 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    NCRL believes that they met the exemption to be considered a “qualified nonprofit corporation” besides the fact that it accepted small corporate donations and dealt in “minor business activities incidental and related to its advocacy of issues.”…

    • 437 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Week 1 HW Graded

    • 1751 Words
    • 26 Pages

    These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.…

    • 1751 Words
    • 26 Pages
    Satisfactory Essays
  • Powerful Essays

    McCambridge, R. (2004). Understanding the power of nonprofit governance. Nonprofit and Voluntary Sector Quarterly, 33(2), 346-354. http://dx.doi.org/10.1177/0899164004263551…

    • 2616 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    To achieve the classification of “operated exclusively,” the organization must primarily engage in activities that “accomplish exempt purposes specified in section 501(c)(3).”…

    • 788 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Bus 100 Assign # 1

    • 1073 Words
    • 5 Pages

    “A business is any activity that provides goods and services is a effort to earn a profit”. (KELLY & MCGOWAN 2012). Profit is the main motivation to start a business. A nonprofit business is a “business like establishment that employ people and produce goods and services with the fundamental goal of contributing to the community rather then generating financial gain”. (KELLY & MCGOWAN 2012). Nonprofits are in the business of doing good. The may or may not earn a profit. Any profit earned must roll over the next fiscal year.…

    • 1073 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Bridgespan Group Essay

    • 547 Words
    • 3 Pages

    Oversight by state and federal regulators is an extremely important job that must be done, correctly and with fidelity, by the Executive Director and Board. A nonprofit can have an amazing mission statement and a worthwhile purpose but if someone isn’t monitoring the law and regulations that the nonprofit must abide by then nothing else matters.…

    • 547 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Week 1 Quiz

    • 774 Words
    • 4 Pages

    These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.…

    • 774 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Week 1 quiz

    • 625 Words
    • 9 Pages

    These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.…

    • 625 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    In its conceptual idea, nonprofits were meant to be completely separate from both government entities and for profits. However, history has shown that not only is that idea unrealistic, but it is inefficient as well. These three sectors all have symbiotic relationships with one another. In simplified terms, governments receive funds mainly through taxes. Taxes that citizens have the means to pay by their jobs at for profit businesses. Nonprofits receive their funds entirely from government grants, or private donations from individuals or businesses. Businesses and citizens alike receive the services provided by both government…

    • 1165 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Team Research Paper

    • 1331 Words
    • 6 Pages

    For any nonprofit organization, funding is a must . Funding is generally sourced from grants and loans. When a government grant is provided to nonprofit organizations an Internal Revenue Service 501 (c)(3) isn’t a necessity for qualification. When applying for a grant it is important that one is professional and thorough, showing a need to begin the operation at an early convenience and should contain precise information. When applying for grants nonprofit organizations have several types of funding to choose from. The first is compatible grants, which coincide with organizations business. The second source of funding is in fellowships, which are typically awarded to individuals rather than organizations. Fellowships allow individuals to have…

    • 1331 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Shelter Partnership Inc

    • 2726 Words
    • 11 Pages

    If the expense ratio is low, it implies that a high proportion of donations are being used to directly contribute to the beneficiaries, instead of being used to run the fund-raising activities itself. To set targets for fund raising NPOs need to raise adequate funds to finance their operations. An understanding of the nature of NPO’s cost, its structure and drivers would help the NPO determine their fund requirements. Such requirements could be translated into targets when organizing their fund raising activities and help guide response by donors. External purposes Regulatory related Non-profit organizations are typically subject to the governance and regulations by Government of the country in which these NPOs operate in. The regulator(s) of NPOs may call for audit or review of the cost or financials of NPO to ensure that donors’ contributions are not misused. As such, NPOs would need to capture appropriate cost information to comply with regulatory requirements. Report to donor on usage of funds Donations that are solicited could have conditions or restrictions attached by the donors with respect to their usage. Accordingly, periodic reports on costs and fund usage are typically required by donors to track and monitor the usage of their donations. Implications for fund-raising efforts Ruth was concerned that an understatement of cost to operate Shelter Resource Bank (“SRB”) might have a negative impact on her fundraising efforts. This is because most charitable foundations like to donate to larger, more substantial projects. Therefore, such cost information is used by donors as a yardstick to evaluate their decision to provide funding assistance.…

    • 2726 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Project Management

    • 842 Words
    • 4 Pages

    |Even though nonprofit organizations aren’t required to produce annual reports like publicly traded companies are, most nonprofit |…

    • 842 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    A conflict of interest, whistleblower, and a written document retention and destruction were all absent from the nonprofit. They answered no to questions asking if they had these specific policies in place. This inquires that there is no strong governance policy in place with the Pink Door organization. If the organization were interested in monitoring operation in a more ethical and proper way, it would be smart to implement some of these policies. The 990 also informed us that the organization provides a complete copy of its form 990 to all members of its governing body before filing it. The organization does not have any policies regarding local chapters, braches, or affiliates in…

    • 797 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Challenges to Ngo

    • 3276 Words
    • 14 Pages

    While striving for organizational success, non-profit organizations are faced with many obstacles. A non-profit organization often faces a number of issues in the different phases of its growth. Some of these are: Lack of proper management, Lack of resources, superimposed chargers, problems in fund raising, newly imposed legal laws, hiring of qualified staff, unrealistic expectations, inadequate facilities, to a lack of volunteers and funds. The objective of a Non-Profit Organization is to provide services to the community without any monetary profits. They are considered as silent providers, with the interest of the public and private wellbeing at heart. Many such organizations face various problems and issues on a day to day as well as long term basis.…

    • 3276 Words
    • 14 Pages
    Powerful Essays