Nonprofit organization manager’s decisions depend on the boards of directors, the board of director members are responsible for overseeing and supporting nonprofit financial management, plans, and other decisions. The board members ensure the use of financial donations according with contributors’ agreement and the case mission statement. Therefore, a great system of safeguarding a legal or wise monetary management is through documentations, such as, financial policies. A conflict of Interest…
Assignment 4: Nonprofit Profitability Ensures Steady Cash Flow According to the Reliable Cash Flow Projections sheet the organization referred to in Chapter 10 requires a cash flow of $13,462 per day to stay in the black, without any profit (McLaughlin, 2009, p. 137) and according to The Balance Sheet the organization has only enough cash on hand $16,190 which is only a little over the organization’s one day’s operational needs (McLaughlin, 2009, p. 125). What is most troublesome about the…
focus on exploring the issues and the benefits of cultural diversity, intercultural relationships and communication in the workforce. The use of data collection will be used in this paper along with discussion from interviewing a supervisor in a non profit organization. By utilizing specific concepts from lecture content, this paper will provide thorough research of the chosen subject, and describe alternatives to any identified issues. Often, issues surrounding communication are…
to cover staff salaries and the organization function costs. Still, managers face budget difficulties, when they need to invest in office supplies or equipment, since budget is too tight. Non-profit professionals concern about their jobs, specially, when it comes to small organizations. In fact, non-profit organizations are economically vulnerable, thus, they need well designed budgeting projection. Equally, Opportunities analysis factor refers to the chances of applying for grants.…
Part Three – In-Depth Evaluation/Assessment It was with great difficulty researching Alex’s Lemonade Stand Foundation (ALSF), simply due to the nature of the organization. It seemed that every personal story on the site had a horrible, and predictable ending. Much of the research phase of this nonprofit was accompanied with tears for those who have lost their battle to a relentless adversary and regret for their families who had to continue on without them. It was for this reason that ALSF…
The San Jose Museum of Art mission states that it“reflects the diversity of cultures and innovative spirit of the silicone valley through exhibatition programs scholarships and collection”. I checked the validity of this statement by meandering through recent exhibits list on the art museums website. I came across multiple exhibits that showcased the diversity in the Silicone valley. Thre Photography and Inherited History of India, which showcased from beginning of Febuary to the beginning of…
compared to any other organizations. Businesses - Retail/Merchant (BSR) were at 5%, Government (GOV) at 2%, Medical (MED) at 1%, Businesses - Financial/Insurance Services (BSF) at 7% and Education (EDU) and Non-profit (NGO) organization reveals at 0%. Even though, Education and Non-profit organization resulted at 0% that doesn’t mean that these two organizations had been spared from data breaches. Their overall data records breached were 4,207,097 and 312,462 respectively. The result was very…
15 Sept - Registering a Non-Profit Entity in Singapore - SGInc – Shri Ref link: http://www.sbsgroup.com.sg/incorporation/setting-up-a-non-profit-entity-in-singapore/ Registering a Non-Profit Entity in Singapore A large number of people are interested in doing their bit in the interest of society and public. Singapore allows them to register non-profit organizations (NPO) and give their efforts a legal status. Types of Business Structures A Society A Charitable Trust A Public Company…
The mission statement demonstrates the true mission of a nonprofit organization. That said, it (the mission statement) explains the reason a nonprofit organization exists. It also serves a type of guide for the decision-making process, responsibilities, and actions. With this concept in mind, one may agree that the mission statement is an important step in unfolding the nonprofit organizations’ plans or strategies of action (Hopkins, 2013). This is to say, the mission statement is a factor that…
Analysis of the H.D. Henderson Foundation The foundation I chose is the “A.D. Henderson Foundation –Opportunities for young children and nonprofits” http://www.hendersonfdn.org/ The A.D. Henderson Foundation was founded in 1959 by Alexander D. and Lucy E. Henderson, who reside in Broward County, Florida. Both are dedicated to improve the lives of children through education. The Henderson’s also sought to meet the constantly changing needs of our society. Through the Foundation, they strove to…