Nonprofit organizations are created to meet a public purpose rather than making profits. Any additional earnings a non-profit organization earn they must reinvest into their operation. “While some non-profits sell their goods or perform services to raise funds, many depend upon stakeholder donations to support their causes” (Ferrell, Thorne, Ferrell, 2016). Belle Meade Plantation dates back to the year 1816, when the founder John Harding placed advertisements in Nashville’s newspaper for his horses…
Words 318 - Pages 2
Non-profits, just as any other successful business, need people to govern it. This takes place in the form of a board. The appearance, regulations, and responsibilities of each board varies slightly. In an article published by Non-Profit Quarterly, the idea of a normal board was challenged. Boards at the time the article was published predominantly consisted of the same type of people which included, an executive director over forty, a white executive, and a white board chairs to name a few commonalities…
Words 807 - Pages 4
There are over thousands of non-profits all over the world. New ones are created every year. Why is it that instead of working with an organization to help make that one organization became an amazing an organization that goes above and beyond what it needs to be? Instead we feel compelled to create something from the ground up even though there is any organization that has the same values as you do. And even farther than that we don’t we partner up and work together to build off each other. So many…
Words 812 - Pages 4
Non-Profit Analysis Project Liberty University Penny LeBaron Busi 602 Carlson Hurst Part 1: Christian World View According to Del Tackett’s article on the Focus on the Family website, a person with a Biblical world view “believes his primary reason for existence is to love and serve God” (Tackett, 2012). Barna Research Group asks the following questions to determine if a person has a Biblical worldview: “Do absolute moral truths exist? Is absolute truth defined by the Bible? Did Jesus…
Words 7128 - Pages 29
The financial management of Nonprofit and for profit are able to run under very similar regulations and theory. With the exception of the expected return of a for profit organization the companies should both utilize financial and managerial accounting which creates mirrored balance of externally/internally active and accessible documents. Both organizations have the ability to use to measureable objectives in the evaluation of operations, which can ensure the betterment of the company. The objectives…
Words 1091 - Pages 5
Non-profit organizations take different forms and play different roles in different parts of the world, these organizations participate activities that relieve suffering, promote community development and interests of the poor, protect the environment and provide basic social services (Lewis, 2014). The non-profit organization am familiar with is the Compassion International, it is a Christian organization that sponsors children and is dedicated to releasing them from spiritual, economic and physical…
Words 591 - Pages 3
any other group in the United States of America was the non-profit charitable organizations. That was becase this group relied for its income from donations much more than any other group of organizations. The loss of spendable income by the citizens of the country, and the loose of returns from the financial markets, in general were devastating to the nation’s non-profit organizations. At the time I had just gone to work for a non-profit organization that ran two museums and had just lost its…
Words 592 - Pages 3
Room to Read is a Non-Profit organization that focuses on literacy to all genders in developing countries. They want to ensure that all children obtain life skills in order to succeed in school and beyond. The Room to Read organization partners with several resources to secure financials from investors, communities and other stakeholders. In addition, they monitor their finances by ensuring that they are producing the expected outcome for the children and achieving the percentage of success their…
Words 310 - Pages 2
As unique and different as the nonprofit sector is from the government and businesses, it faces multiple challenges that can be detrimental to an organization. One of the biggest issues the nonprofit sector has encountered is retaining and engaging donors to help fund their mission. Many nonprofits rely solely on donations from others whether it be from individuals, business, or grants. And although, it seems like plenty of resources to receive donations from nonprofits are still having a hard time…
Words 421 - Pages 2
Human Resource Case Analysis Employers are faced with making the decision between hiring employees or an independent contractor. There are advantages and disadvantages for independent contractors. The case the student presented was regarding a grant writer position at a non-profit organization. The non-profit organization focuses on providing food to local food pantries and soup kitchens. This mission is crucial to the local Palm Beach County since there are no other companies taking care of this…
Words 896 - Pages 4