...A social policy that could affect my future position as a human services worker is the welfare policies. Changes to the welfare system could affect a worker in this area in two ways. If benefits were cut, it could have a huge effect on the lives of many, and if someone was working on a one to one basis with people who were on benefits this could affect the relationship that the two parties have. Another effect of a change to welfare policies would be that there would be less people needed to work in the sector, and job losses may be required. A private organization suggests that outsourcing of social services takes place, broadly, in two forms. Under one method, government agencies contract with private providers to deliver single components of a larger program and or job training and placement for TANF recipients, for example. Alternatively, agencies may look to private contractors to deliver a comprehensive set of program services in a specific location a full-service operation for child support enforcement, for instance, or a complete TANF program, including intake and assessment, eligibility determination, and case management. In some cases public organizations have a better chance of getting assistance and help from the public than private organizations. Eligibility and requirements can be different between the two. As well as the eligibility period or amount of time the assistance can or will be given could vary. In 1996, Kansas drew national attention by adopting a...
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...MISSIE DUNLAP HSM/260 DR. MARY JOHNSON WEEK 1 5/25/2013 1. GGAP- (Generally Accepted Accounting Principles) These are a set of rules, standards ,conventions, and procedures that were established by The Financial Accounting board for reporting financial information. www.investorworld.com 2. Basic accounting formula- Assets = Liabilities + Capital This formula is for double entry bookkeeping systems. This formula must always balance so that the company has the assets and funds it needs to operate. www.accountingtools.com 3. Transaction, T-account- is also a set of financial records that also use double entry bookkeeping. The name T-account comes from the appearance of the records. www.investopedia.com 4. Debit and credit- entries made in account ledgers to show changes in value because of transactions made by the business. www.wikipedia.org 5. Trial balance- A list of general ledger accounts, they contain the name of the nominal ledger account, as well as the value. It will hold either a debit or credit balance value. www.wikipedia.org 6. Journal- a file in a book or on a computer of monetary transactions that are entered the first time they are processed. The list is in chronological sequences by date. www.wikipedia.org 7. Assets and liabilities- assets are things you own such as car, house, or business. Liabilities are things that are owed such as mortgage, car payment, and student loans. These can determine...
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...Analyzing Financial Statements Kristina M Spencer HSM260 May 29, 2011 Erin Akins Analyzing Financial Statements Current Ratio 2002 Current Ratio = Current Assets/Current Liabilities 1,165065.00/1185008.00 = 0.983 2003 Current Ratio = Current Assets/Current Liabilities 1,244,261.00/1,316,101.00 = 0.945 2004 Current Ratio = Current Assets/ Current Liabilities 2,191,243.00/1,972,131.00 = 1.111 Long Term Solvency 2002 Long Term Solvency = Total Liabilities/Total Assets 1185008.00/1165065.00 = 1.017 2003 Long Term Solvency = Total Liabilities/ Total Assets 1316681.00/1244261.00 = 1.058 2004 Long Term Solvency = Total Liabilities/ Total Assets 1972131.00/2191243.00 = 0.900 Contribution Ratio 2002 Contribution Ratio = (Contribution Margin/Sales) 100 (506788.00/617169.00)100 = 82.11 2003 Contribution Ratio = (Contribution Margin/Sales) 100 (579824.00/632889.00)100 = 91.61 2004 Contribution Ratio = (Contribution Margin/ Sales) 100 (1004874.00/1078837.00)100= 93.14 Programs and Expense Ratio 2002 Programs and expense Ratio = (Total Expense/Customers) 100 (1185008.00/5962)100 = 19876.01 2003 Programs and expense Ratio = (Total Expense/Customers) 100 (1316681.00/6821)100 = 19303.34 2004 Programs and expense Ratio = (Total Expense/Customers) 100 (1972131.00/11822)100 = 16681.87 General and Management and Expense ratio 2002 General and Management and Expense ratio = (Other + Management/ Customers) 100 (468903.00/5962)100...
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...Financial Ratios HSM260 January 18, 2015 1-Current Ratio-the current ratio formula is current assets are divided by the current liabilities. This ratio is primarily used to give a perception of the organization’s capability of paying back its short term liabilities with short term assets. Data received from Appendix D 2002 states current assets of $104,296.00. Current liabilities equal $139,017.00. The current ratio is 0.75 2-Long-term solvency ratio-Net income (or after-tax profit) plus depreciation divided by short-term liabilities plus long-term liabilities. Appendix D 2002 data provided assets totaling $391,270.00. Liabilities totaling $310,246.00. The long-term solvency ratio is 1.26. 3-Contribution ratio-the largest revenue source is divided by all revenues. Appendix D 2002 data provides revenues equaling $617,169.00. The total revenues tally $1,165,065.00 bringing the contribution ratio to 0.53 4-Program and expense ratio- all expenses for a particular program are divided by the expenses of the business including the program. The total program and expense totals $716,105.20. Total expenses are $1,185,008.00. The program and expense ratio is 0.6 5-General and management and expense ratio-total general and management and expenses are divided by the total expenses. According to Appendix D 2002 the general and management and expenses totaled $351,000.00. The total expenses equaled $1,185,008.00. The ratio equals 0.30. 6-Fund-raising and expense ratio-total of all...
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...Hsm260 Collaborative Funding July 25, 2013 Bonnie Gusman The Phoenix Homeless Agency (PHA) is in the need of increased funding to further future funding toward job counseling for qualified clients. Regularly agencies get traditional contracts and grants; but the economy has increased the need and requires them to find other sources. The Executive Director and Board of Directors have begun their search by using the internet, other agencies, and community networking. They have agreed on, that there are three options that will yield revenue while keeping costs under control. This will result in money left over for their program; appealing to local government officials, contacting local businesses for donations, and holding a strong public donation campaign. Contacting local government officials the agency may access information about funding that is available to community agencies that are not related to federal or state traditional grants and contracts. These may include United Way, connections to people who might donate, grants from large out-of the area businesses and foundations, or city donations to help unemployment. They may also receive (employ, volunteer, students) grant writers who will be willing to help organization understand, locating, and the writing process, that achieve better results. Local businesses are often feeling the same negative...
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...Catalog of Federal Domestic Assistance HSM/260 Catalog of Federal Domestic Assistance Financial support is a commonly agreed issue for human service organizations. Programs offered to the target population can be costly and knowing where to seek funding is a must. The XYZ Company is a nonprofit making agency integrated in section 501c3 of the United States Internal Revenue Code. This organization provides consumers in El Paso County, Texas who are in great requirement of psychiatric counseling. While studying government help plans, the Executive Director recognized three specific plans that are applicable to the development and the growing need for services. With adding a satellite office, more funding is needed. Three identified programs are: ARRA – Grants to Health Center Programs ARRA – Grants to Health Center Programs Number: 93.703 Agency: Department of Health and Human Services Office: Health Resources and Services Administration https://www.cfda.gov/?s=program&mode=form&tab=step1&id=d0d597f663dc2a2d278fff70fd1fee25 Comprehensive Community Mental Health Services for Children with Serious Emotional Disturbances (SED) CMHS Child Mental Health Service Initiative Number: 93.104 Agency: Department of Health and Human Services Office: Substance Abuse and Mental Health Services Administration https://www.cfda.gov/?s=program&mode=form&tab=step1&id=5326fba27305691178315eeb00415d3c State Partnership Grant Program to Improve Minority Health State Partnership...
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