Profit Maximization Essay

opportunity and accomplishment. A large portion of its revenue comes from gifts, grant, and fundraising events. Other sources of revenue such as institutional grants and individual contributions come from the public. Grants from institutions and non-profits organizations have made it possible for HomeSight to maintain its current programming and launch new programs and initiatives. Furthermore, the grants have also allowed them to expand their program to major events such as education,…

employed at Erlanger Health System which is categorized as a non-profit academic hospital (Erlanger Health System, 2018, para. 1). A non-profit hospital means they provide free care to patients that are willing be put on a waiting list for funding (Andritsos & Aflaki, 2015). Other hospitals that are in the area are for-profit hospitals which will charge a fee but will have less waiting time for elective patient care. The need to have a for-profit may best be suited when the hospital market is…

Currently working for a nonprofit agency we are contracted to manage several programs for the state. Last year funds were cut for a particular program that was implemented during the George W. Bush terms in office. Connecticut was chosen to pilot the program initially and due to our success it was implemented throughout the other states. The program was called Access To Recovery (ATR) and the problem the program was designed to address was to assist former inmates and people involved with the…

Non-profit organisations are establishments that don’t gain profits for their personal use or to benefit a particular individual or group. All non-profit organisations are run by a specific group of people; these people are on the same wave length of what they want to achieve. This is why governments don’t control non-profit organisations; the main reason for this is because the governments can’t maintain everyone’s needs. An example of a non-profit organisation in Australia is WIRE. WIRE…

Fraudulent Non-profits Before donating to a charity, one should always look at where the money goes. The unavoidable conversation with the volunteer worker just ahead on the trail to donate to their cause might just be a far less innocent act than perceived. In modern society, many charitable organizations have adopted overly-capitalistic practices with regard to their income. As the former executive director of Oxfam, Nicholas Stockton describes the hiring practices of non-profits to model big…

Charities or not for profit organisations are often faced with many internal and external challenges which can be unique from profitable businesses as their key business focus is based on philanthropy rather than profit. For each identified challenge there must be a strategic analysis to enable strategies to be developed to mitigate the risks these pose to the business. Each of the three levels of strategy must be carefully assessed to determine the different consequences and both qualitative…

Mr. Brisbois is the client service director at the North Shore Health Project. He recently visited as a guest speaker at Bunker Hill Community College. The North Shore Health Project is the non-profit organization and serving the Gloucester neighborhood Massachusetts. This organization’s mission statement is “Here for Each Other” It is very motivational and promoting inclusiveness within the community (North Shore Health Project, 2015). The North Shore Health Projects serving towards promoting…

Spire Rehabilitation Hospital opened its doors on July 1, 2017, and Dr. Davidson Curwen has been instrumental in the successful transition from the rehabilitation unit on the fourth floor of Jackson Madison County General Hospital to the new hospital located at 616 West Forest Avenue. Dr. Curwen has served as Medical Director for over 25 years, and will continue to lead in the position in our new hospital. Our hospital assist patients recover from life altering conditions by restoring their…

Nonprofit organizations are self-regulated and tax-exempt entities. The rapid growth in the nonprofit sectors, has led these organizations to be supported mainly by monetary gifts (Chetkovich & Frumkin cited by Weerawardena, McDonald, & Mort, 2010). Due to the Internal Revenue Service tax code set for charity organizations has raise questions and concerns about nonprofit organizations accountability and transparency to the government, funders and stakeholders. Therefore, the answers lie within…

The U.S. nonprofit sector has grown significantly over the past few decades. Approximately 1.41 million nonprofits were registered with the Internal Revenue Service in 2013, an increase of 2.8 percent from 2003 (Urban Institute, 2015). With this growth in the sector has come growth in nonprofit sector employment in the United States. The 2016 Nonprofit Employment Practices Survey estimates that over half of nonprofits of all sizes (57%) are likely to create new positions within their…