Profit

Financial Management of Colon Cancer Alliance Introduction Nonprofit organizations exist to provide various types of services and needs to the surrounding community and/or to the nation or world, as a whole. Unlike the for-profit counterparts, nonprofits do not exist to generate profit or have owner’s equity or stockholders (Accounting Coach, n.d.). Instead, nonprofits must rely on contribution, membership dues, program revenue, fundraising events/activities, public or private grants, or…

to society is a key judge of the effectiveness of organizations. Value is determined by what the public prefers. An organization is tasked with the role to manage and adapt assets in order to best maximize public value. As both the public and non-profit sectors perform in an environment that undergoes persistent change and imposes resource limitations, it is imperative that strategists use a framework that increases value. The Strategic Triangle, a public value model created by Mark Moore,…

The Artist and Sustainability in American Arts Organizations Multiple facets facilitate the success of arts organizations; two of those facets are the artist and sine qua non of sustainability. To grasp the importance of artists and the sustainability of arts organizations, the significant contribution of arts to society must first be established. Robert L. Lynch (2015) highlights the arts as a catalyst of bringing people together, whom might otherwise not interact, to build stronger communities…

improving ethical behaviors, but there is always one issue which is profit versus ethics. As businesses…

PROFITABILITY RATIO Gross Profit Margin Gross profit margin is a standout among the most essential marker to measure organization's well-being. Gross profit is the balance that the organization have ubtracting the cost goods produced from the sales figure. In this way, gross profit margin is the percentage of gross profit from the business esteem that organization accomplished. The higher the percentage of gross profit margin the better. The industry average of gross profit margin was 22…

Whatever human service sector you are interested in rather non-profit or profit organization. The most important factor is the ability to utilize technology, the core of using sophisticated data is stored and retain information when needed. Technology is to draw insights, and quicker availability to reaching the resources that is needed for the organization. Being able to access data at your fingertips, and get the ball moving quickly as possible is important. The many methods are used for…

Challenges in Nonprofit Management LaTisha decided to pursue a career in public service, specifically in the nonprofit sector. LaTisha finally found her purpose; to help people, to inspire people, and to make a difference in the society. LaTisha aspires to be a nonprofit manager, nonprofit director, and/or public servant. LaTisha feels that ethics is foundation of a person. It is the sound and judgment of how a person approaches a situation and makes a decision. As public servant, LaTisha would…

lure the public in. I personally see this as dehumanizing and a sign of oppression. It’s not fair for the individuals in poverty to have some organization treat them even worse just so they can make an appeal and name for themselves. I see this as a profit and propaganda from the organization’s side. In the article by CNN, “The dangers of poverty porn”, Nathalie Dortonne states, “Poverty porn is a tactic used by nonprofits and charity organizations to gain empathy and contribution from donors by…

in social, economic or beneficial in all communities. American loves nonprofits. They represent what is best about our country: generosity, compassion, vision, and eternal optimism that we can resolve our most serious problems. Unlike the for profit sector that employs most Americans, nonprofits have a higher calling, a more noble purpose”…

paying job and promote economic growth. Lately, students have begun to question whether studying the humanities are worth the tuition costs, and if a technical or science based major is a better option. Martha Nussbaum, in her essay “ Education for Profit, Education for Democracy”, brings attention to how “the current focus on education as a form of career training fails to teach students the skills necessary to participate in the political process” (61). Liberal arts schools aim to strengthen…