Account of profits

D – BUSN642 – Assignment week1 When considering resources available to nonprofit agencies, we really need to include governmental rules, regulations and guidelines, and the examples they set in fiscal management. This is a valuable resource that many overlook. In order to consider the viability of state and federal grants, we could begin by taking the reporting aspects into consideration. I worked in local government for five years, and learned a few things relating to financial reporting…

Financial Difference between For Profit and Not-For Profit Organization When an Entrepreneur want to start a business he or she has a wide range of decisions to make before beginning. One of the basic or first decision is if the business is for profit or not for profit organization. A for Profit organization basic or priority goal is to make profit while Non- Profit is a business whose priority is rendering services to the community such as food , water, health, shelter, education environmental…

UP OBSERVATION In the 1970’s, Bedford Care Centers started their careers in long-term care. It was in Hattiesburg, Mississippi, where the first Nursing home was purchased, the number of Bedford Care Centers has grown, and we now have centers in central and south Mississippi. Bedford Care Center, now have a sister company that provide services; such as retail and institutional pharmacy, staffing relief, and private-duty care to seniors. Although, we are still based in Mississippi, with a…

Charitable Statistics, currently there are over 1.5 million non-profit organizations in the United States. The most important work that a non-profit organization does is to raise money for operations and to achieve the work the non-profit needs to do. The person in charge of raising these funds is often known as the “director of development” or even just as a “fundraiser”. Regardless of their title, the person who raises funds for a non-profit organization is a critical part of the organization.…

The nonprofit organization that I have chosen for my research project is Habitat for Humanity International (HFHI). There are many credible nonprofit organizations but Habitat for Humanity is the only one that I have ever worked for and truly enjoyed my time there. It does not hurt that I believe in their mission, vision and principles. HFHI’s mission is “Seeking to put God’s love into action Habitat for Humanity brings people together to build homes, communities and hope” (Habitat for…

Non-profit organizations are significant contributors to social and economic well-being throughout the world. The main objective of a non-profit organization is to serve a social purpose rather than an economic purpose, while maintaining community legitimacy and financial sustainability (Moss, Short, Payne, & Lumpkin, 2010). However, despite the noble purpose and good intentions of most non-profit organizations, the non-profit sector is not immune to toxic leadership nor the damage caused by…

Familiar international non-governmental organizations (INGOs, for short) include Amnesty International, known for its collection on data about human rights violations, and the International Red Cross, which offers aid to foreign countries after natural disasters. While these organizations’ goals differ organization to organization, the basis is that they find international human rights violations, sometimes punish those who violate human rights, and offer aid to other countries in need…

Goodwill has been in business for 113 years, and was the brainchild of Rev. Edgar J. Helms, a Methodist minister and an early social innovator. Helm’s philosophy was simple; collected used household goods and clothing in wealthier areas of the city, then hire and train the underserved to mend and repair the used goods. The goods were then resold or were given to the people who repaired them. The system worked, and the Goodwill philosophy of “a hand up, not a hand out,” was born (“Our History,” n…

factor of organizational achievement. Nonprofits must invest in structuring capable management teams—even if that means targeting a greater ratio of funding to salaries and benefits. Watch the video of Wanda Jackson of the National Urban League as she discusses the importance of retaining nonprofit leadership: https://www.youtube.com/watch?v=5XXUE11. Invest in leadership capacity. Capable management is distinctly the most important ZkoNM For more than twenty years, nonprofit leadership…

While most people believe that non-profit are doing great public work, these organizations are often contributing to the increase of elitism and capitalist forms through corporate influence. Non-profit industrial complex (NPIC) is as a “set of symbolic relationships that link political and financial technologies of state and owning class control with surveillance over public political ideology, including and especially emergent progressive and leftist social movement” (Smith 8). This simply…