For Profit Vs. Not For Profit organizations: I would like to start with the more interesting type of organizations to discuss and that is not for profit organization (NPO). The first advantage to NPO is simply tax exemption (IRS‚ 2012)‚ once an organization meets certain criteria and is approved as a NPO‚ it doesn’t pay tax on its income. It is very important to understand here that the money saved from not paying tax is reinvested in such organization to either continue providing the type of services
Premium Non-profit organization Business Management
NOT FOR PROFIT MAKING ORGANIZATIONS 9.1 Introduction These are organizations that are set up to promote or to cater for the welfare of the members involved and not to make a profit. These include clubs‚ (e.g. professional clubs‚ academic clubs‚ sports clubs)‚ welfare associations and any other societies (charitable institutions). Because these organizations are set up with no intention of trading the financial statements prepared are different from the ones of trading organizations. For example:
Premium Generally Accepted Accounting Principles Balance sheet Asset
who we are? For six decades‚ World Vision has been engaging people to work towards eliminating poverty and its causes. World Vision is committed to the poor because we are Christian. We work with people of all cultures‚ faiths and genders to achieve transformation. We do this through relief and development‚ policy advocacy and change‚ collaboration‚ education about poverty‚ and emphasis on personal growth‚ social justice and spiritual values. The action World Vision is committed to includes:
Premium Asia Africa Middle East
Managing non-profit organisations: Towards a new approach Civil Society Working Paper 1 Helmut K. Anheier January 2000 Abstract This paper puts forth the thesis that the management of non-profit organisations is often ill understood because we proceed from the wrong assumptions about how these organisations operate. Based on this premise‚ this paper develops a model of the non-profit form as a conglomerate of multiple organisations with multiple bottom lines that demand a variety of
Premium Management Non-profit organization Voluntary association
guides the group or the organization toward its objectives‚ goals and long-term results. No single characteristic has been found which totally separates nonprofit leaders from other leaders; nonetheless‚ successful nonprofit leaders should have more drive and determination and probably a greater concentration of positive qualities that related to the nature of the non-profit organization. [Tammembaum 1973]. How does leaders and leadership impact on non-profit organization? The dependence
Premium Non-profit organization Voluntary association Strategic management
Starting a Non Profit Organization that provides filtered water for people in need requires an extraordinary of time and understanding. Maybe more than in some other type of try‚ the initial step to beginning a charitable association is to paint your vision with the goal that others can see what you are looking to fulfill and comprehend why it makes a difference. Beginning a non-benefit association is a period devouring‚ work concentrated procedure. In the event that you like doing loads of regulatory
Premium Non-profit organization Charitable organization
Mission Our mission is to enrich the community by changing the lives of others one heart at a time. We will accomplish this by teaching our residents to live an alcohol and drug free life while helping them develop their strengths through educational and vocational rehab. Implementing programs such as GED classes‚ money management skills and trade programs such as electrical‚ plumbing‚ HVAC courses and more will help us to accomplish this goal. Programs Offered Continued Education
Premium Posttraumatic stress disorder English-language films
Research Paper Proposal Team C Topic-: Research and report on how to fund a non-profit community book festival for a major United States city. Consider recent changes in the economy. History and Purpose: Arizona was awarded the dumbest state award‚ by Morgan Quitno Press. The award is based on several criteria including literacy. Over 60% of residents had an education level of only 12 years (www.phoenix.gov). Phoenix Arizona is the 5th largest city in the U.S. and is younger than the national
Premium Non-profit organization Fundraising
Q8-1 The purpose of Debt Service Funds is “to account for and report resources that are restricted‚ committed‚ or assigned to expenditure for principal and interest on general long-term liabilities”. Only general government long-term liabilities that are recorded in the General Long-Term Liabilities are serviced through Debt Service Funds. GAAP requires that a Debt Service Fund be used to account for debt service on general long-term liabilities only if (1)Use of Debt Service Fund is legally
Premium Bond Finance Bonds
Profit and Non-profit Organizations Lakeesha Grass PHI445: Personal and Organizational Ethics Instructor: Tom Snook October 13‚ 2014 Company Profile (Not-for-Profit- Organization) Profile of YMCA (Franz 2005) YMCA is the non-profit organization of my interest. YMCA is very interesting in development of communities as being a non-profit organization. In June 6‚ 1844 when YMCA were founded in London‚ England United Kingdom including its main goal is to put the principles of Christians
Premium Non-profit organization Voluntary association Charitable organization