...widely publicized. Most projects that are small and local are available to health foundations, and religious groups. An additional way that we can generate funds is through establishing communal activity ventures. If the organization offer training for a fee to surrounding communities, and other organizations they will earn extra funds also. Contributors are motivated to give goods, like unused clothes, vehicles, which one can write off as a tax-deductible contribution. However, we can list all the previous donors by writing letters to them requesting assistance for the program. Well-defined declaration of objectives and goals make it easy to search for agencies, foundations, and individuals, which can make available non-traditional funding for non-profits organizations. Set up a major event that all potential contributors like Gospel singers, R&B, Jazz, and Rap artists. Going to churches and sing, do concerts in the...
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...qwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyui opasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfgh jklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvb nmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwerty uiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdf ghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxc vbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwer tyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfg hjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcv bnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwert yuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasd fghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzx cvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwe rtyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdf ghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxc vbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwer tyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopas dfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklz xcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrt yuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasd fghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzx cvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwe rtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopa sdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjkl ...
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...Differences of Accounting for Government & Nonprofit organization versus for profit business. Business accounting has always been considered by some people to be the model for government accounting. But there are differences between one and another. Government and not for profit are governed mainly by their budgets. The budget covers the governmental decisions on how to raise money and where to spend it. Traditionally the budget takes center stage and one of the most public decisions in the government. They may have several budgets for the different funds in government and may be backed by the force of law. Nonprofit accounting is guided by FASB Statement of Financial Accounting Standards Nos. 116 and 117. Nonprofits usually don't have a revenue stream similar to that of a for-profit business, which gets funds through the selling of goods or services. Instead, a nonprofit receives donations and government and foundation grants. Unlike a for-profit, a nonprofit often needs to report on funds received. For example, if an organization gets federal funding, it must report on how the money was spent and it must comply with various rules. This can get very complex, which is why you may see specialized accountants in large nonprofits who are experts in certain funding sources. One of the main differences between the GASB and the FASB is that the GASB is intended to keep and improve upon the current standards put in place for governmental accounting purposes; while...
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...1 ORGANIZATIONAL BEHAVIOR in CHANGING tIMES CHAPTER SCAN THIS INTRODUCTORY CHAPTER PROVIDES AN OVERVIEW OF THE ENVIRONMENT OF ORGANIZATIONS FOR THESE CHANGING TIMES. IT BEGINS BY PROVIDING AN OVERVIEW OF BEHAVIOR IN ORGANIZATIONS AND THE INTERDISCIPLINARY ORIGINS OF THAT BEHAVIOR. NEXT, IT DESCRIBES THE ORGANIZATIONAL CONTEXT AND PRESENTS THE SIX FOCUS ORGANIZATIONS (BRINKER INTERNATIONAL, ENRON, HARLEY-DAVIDSON, HEWLETT-PACKARD, PATAGONIA, AND THE AMERICAN HEART ASSOCIATION). THIRD, IT POINTS OUT THE CRITICAL ROLE OF CHANGE AND CHALLENGE, FOLLOWED BY A DISCUSSION OF HOW PEOPLE LEARN ABOUT ORGANIZATIONAL BEHAVIOR. THE CHAPTER FINISHES BY RELATING THE VARIOUS FEATURES OF THE BOOK TO LEARNING STYLES AND OUTLINING THE PLAN FOR THE BOOK. LEARNING OBJECTIVES AFTER READING THIS CHAPTER, YOU SHOULD BE ABLE TO DO THE FOLLOWING: 1. Define organizational behavior. 2. Identify six interdisciplinary contributions to the study of organizational behavior. 3. Identify the important system components of an organization. 4. Describe the formal and informal elements of an organization. 5. Understand the diversity of organizations in the economy, as exemplified by the six focus organizations. 6. Recognize the challenge of change for organizational behavior. 7. Demonstrate the value of objective knowledge and skill development in the study of organizational behavior. KEY TERMS CHAPTER 1 INTRODUCES THE...
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...1. The state has the power to give legal life an NFP, either in the form of art not- for- profit corporation or limited liability company or in the state’s recognition of our charitable trusts. Once the organization is recognized by the state as an NFP, the state has a responsibility to represent public beneficiaries of charities and contributors. The states responsibilities include detecting cases when managers or directors have diverted resources, and mismanaged, or defraud the charity and the public. 2. Major differenceS between 501 (C) (3)tax exempt organization and a 501(C)(7) tax-exempt organization is 501(3) consists of charitable, religious, scientific, literary, educational, testing for public safety and 501(7) consist of social and recreational clubs. Under 501(3) is the opportunity to apply for grants from foundations and government agency which often limit funding to public charities. 3. The NFP organizations that have to file form 990 are all not-for- profit organization except religious organizations and government NFP. Tax continues with gross receipts normally $50,000 or less per year will file a form 990-N e- postcard. Form 990 – EZ will be filed by tax exempt entities with annual gross receipts of between $50,000 and $200,000 and will less than$500,000 in total assets. Larger NFP organizations with file form 990. Private foundations, will prepare annual warm 990 – PF. 4. A private foundation is one that receives its support from a small number of...
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...92 INTRODUCTION CONCEPT: IN OUR DAILY LIVES WE ALL HAVE DEALINGS WITH DIFFERENT TYPES OF ORGANIZATIONS SUCH AS MANUFACTURERS, RETAILERS, SERVICE FIRMS, NON PROFIT ORGANIZATIONS AND GOVERNMENT ENTERPRISES PROVIDING US WITH A VAST ARRAY OF GOOD AND SERVICES. ALL THESE HAVE ORGANIZATIONS HAVE TWO THINGS IN COMMON, FIRST EVERY ORGANIZATION HAS A SET OF GOALS OR OBJECTIVES FOR EXAMPLE AIRLINE HAS OBJECTIVE THAT INCLUDES PROFITABILITY AND CUSTOMER SERVICE , A POLICE DEPARTMENT GOAL MAY INCLUDE INCLUDING PUBLIC SAFETY WITH COST EFFECTIVENESS, SECOND IN PURSUING AN ORGANIZATION GOALS MANAGERS MAY MAKE MANY DECISIONS AND FOR THAT THEY NEED INFORMATION. THE INFORMATION NEEDS OF MANAGEMENT EXTEND ACROSS FINANCIAL, PRODUCTION, MARKETING LEGAL AND ENVIRONMENTAL ISSUES. DEFINITION: “MANAGEMENT ACCOUNTING IS THE PROCESS OF PRODUCING FINANCIAL AND NON FINANCIAL INFORMATION TO ASSIST MANAGERS AT ALL LEVELS OF AN ORGANIZATION. MANAGEMENT ACCOUNTING INFORMATION SHOULD BE DESIGNED TO MEET MANAGER’S SPECIFIC NEEDS AS THEY CARRY OUT THEIR PLANNING AND CONTROL FUNCTIONS AND MAKE SHORT AND LONG TERM DECISIONS.” OR “THE PRIMARY GOAL OF MANAGERIAL ACCOUNTING IS TO PROVIDE INFORMATION THAT HELPS MANGERS PLAN AND EVALUATE COMPANY ACTIVITIES AND MAKE BUSINESS DECISION. PROVIDING INFORMATION FOR PLANNING, EVALUATION AND DECISION MAKING IS THE PRIMARY OBJECTIVE OF MANAGERIAL ACCOUNTING. MANAGEMENT ACCOUNTING vs. FINANCIAL ACCOUNTING USERS OF INFORMATION ...
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...Though their revenue streams are generated in different ways, there are many similarities between for-profit and not-for-profit organizations. Each of these types of organizations are faced with challenges that can become catastrophic in nature if they are not handled properly. This paper will identify the make up of a for-profit and not-for-profit organization and compare how public relations can help contain problems as well as future disasters. McDonald’s, the long-time leader in the fast-food, faced a crossroads in the early 1990s. Domestically, sales and revenues were flattening as competitors encroached on its domain. In addition to its traditional rivals—Burger King, Wendy’s, and Taco Bell—the firm encountered new challenges. Sonic and Rally’s competed using a back-to-basics approach of quickly serving up burgers, just burgers, for time-pressed consumers. On the higher end, Olive Garden and Chili’s had become potent competitors in the quick service field, taking dollars away from McDonald’s, which was firmly entrenched in the fast-food arena and hadn’t done anything with its dinner menus to accommodate families looking for a more upscale dining experience. While these competitive wars were being fought, McDonald’s was gathering flak from environmentalists who decried all the litter and solid waste its restaurants generated each day. To counter some of the criticism, McDonald’s partnered with the Environmental Defense Fund (EDF) to explore new ways to make its operations...
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... BUILDING PARTNERSHIPS Expectations are that you know as much as possible before you even approach a busy executive for a meeting (Pershing, 2006). Knowing this is the basis for building this particular relationship you have to gather as much information about the organization as possible. There are numerous forms of information that can be obtained without disrupting the organization. Documents. Large organizations are required to publish information that can be useful in our endeavors including, annual reports and10-K and Form 990 reviews. Annual reports can give you an idea of the organizations financial status. 10-K or Form 990 reviews are published yearly, 10-K for publicly traded companies and Form 990 reviews for non-profits. They can give you detailed information to include lawsuits, business plans, information about patents and technologies, and information about products and services (Pershing, 2006). Means to obtain these documents can be the business librarian at most main libraries in most cities. Another excellent source that most of us use daily is the web. Organizations generally have websites that can give you a lot of information to include the image an organization is trying to project (Pershing, 2006). People are also a good source to get information on an organization. The Chamber of Commerce, business schools or professional...
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...Question 1: provide a definition/ description of strategic planning process, addressing the critical issues/questions the process takes into account. Answers (a) Strategic planning process is an organization’s process, which is designed to identify a long-term goal or direction to develop the organization, and put into practice. Strategic planning guides conversations about an organization’s purpose, helps integrate perspectives from multiple stakeholders, and provides the steps to develop goals and objectives that will move the organization’s forward. (b) The specific issues would be various due to different standards and analysis techniques which applied to strategic planning. However, generally it is critical to cover these aspects as follows. Identifying the nonprofit organization's direction and mission. What’s the reason of the organizations exist? What do the organizations try to accomplish? How do the organizations to do to achieve their goals? What are the organization’s guiding principles? Evaluating the Internal and External Environment, Clarifying Critical Issues An assessment of internal environment Strengths and weaknesses An assessment of the external/market environment All organizations are under the operations with complex political, social and macroeconomic changes, so a sensible plan must reflect the assumptions that management people makes about the external environment under their study in various factors, such as economic and demographic...
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...Profit Versus Not-for-Profit Hospitals In Partial Fulfillment of the Requirements for Health Services Systems HSM 541 Blaise X. Schmidt DeVry University Keller Graduate School of Management September 2012 1.0 Purpose The purpose of this paper is to conduct a comparative analysis between for-profit hospitals and not-for-profit hospital. It will discuss the characteristics of each as well as factors affecting the operations of both systems. Additionally, it discusses potential areas of improvement and some of the challenges associated with each relative to finance and operations. 2.0 Comparing Not-for-Profit and For-Profit Hospitals Not-for-profit hospitals are organized under the Section 501 (c)(3) of the Internal Revenue Service (IRS) tax code, and as such, are exempt from federal and state taxes and generally from local property and other taxes. Not-for-profit hospitals also have access to tax-exempt bond financing and have tax-deductible status for gifts and contributions (Barton, 2010). For-profit hospitals do not have this luxury. Public or private hospitals can be classified as non-profit. Non-profits include a majority of the hospitals in the US. The two types of hospitals differ mainly in regulatory rules. Not-for-profit hospitals do not need to pay property, sales, or income taxes. For-profit hospitals do. Despite these differences, the two types of ownerships have been becoming more and more similar and many hospitals...
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...for Not-For-Profit organisations. I am attempting to bring together a couple of principles which will explain our approach to the Pro Bono Campaign. PRINCIPLE ONE: BRAND IDEALS Ogilvy are proponents of the idea of Brand Ideals. Millward Brown, also part of WPP, have initiated a measurement tool for Brand Ideals which is said to the “the engine of business growth.” A Brand Ideal is defined as “a higher purpose of a brand or an organisation which goes beyond the product or service that they sell. The ideal is the brand’s inspirational reason for being. It explains why the brand exists and the impact it seeks to make in the world. A brand ideal actively aims to improve the quality of people’s lives.” Here is how the concept of brand ideals is applied in the For Profits sector: * Dove believes that the world would be better if women were allowed to feel good about themselves. * Fanta believes that the world would be a better place if we grew up less and played more. * Scrabble believes that the world would be a better place if we loved words more. * Adidas believes that the world would be better place if people went beyond their normal boundaries. * Coca-Cola believes that the world would be a better place if we saw the glass as half full – not half empty. PRINCIPLE TWO: APPLICATION OF BRANDING IN NON-PROFITS Several Universities, including Stanford and Harvard, have investigated the role, or application of, branding in the Not-For-Profit (NFP) sector...
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...Abstract Fundraising for not for profit organizations was researched to better understand the fundamentals of fundraising. This research describes reasons why a not for profit should fundraise. It also provides answers to questions about how to approach donors, and how to increase your list of donors to better fund your organization. The research also describes how to better your relationship with donors, so you can meet their needs as they are meeting yours. The donor needs to know that they can measure what they have donated. This paper also identifies with how the donor expects his funds to be used, and how to communicate what you have done with their donation. Research also unveils the aspect of using direct mailers, how to get the attention of your donor as well as how to ask for the donation. Finally, the research touches base on how the downturn of this economy has affected fundraising, and what organizations can do to help better position themselves. Fundraising is essential for any not for profit organization to exist. Questions about why an organization must fundraise will be answered. Also, we will learn about donors and how to ask for the donation. This paper will also explore the two separate avenues to use to better market a not for profit. Finally, how to maintain your organizations fundraising needs during an economic downturn will be discussed. Why must one fundraise? Understanding why one needs to fundraise and for what purpose, is critical for...
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...Trial Assignment Name Institution Date Trial Assignment PART 1 Disney organization is the world’s best entertainment organization owing to several factors. This organization affects the lives of most Americans and people around the world through their films, theme parks and resorts. The company has been a key player in the film industry through its animations and other children’s films, this level of growth and identity comes with great wealth and financial strength to an organization like Walt Disney (Silverman, 2008). The financial security at Disney originates from several factors that the management considers as the pillars of driving the organization to higher levels of competition. Walt Disney uses several business standards that cover ethics and compliance to maintain a competitive spirit within the growing business of entertainment. This essay will explore the role of ethics and compliance in Disney’s financial environment. Ethics and compliance at Disney has helped in improving the general outlook of the business in three main areas. The firs area is employee appreciation. Most workers at the organization work with passion and enthusiasm because of the level of transparency and trust within the organization. The company incorporates trust by availing to each staff member a copy of the Standards of Business Conducts handbook to enable their role and relationship within the organization. They stress on this by taking online training and learning on ways of...
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...Non-For-Profit Fraud Authors’ Note This paper was prepared for Advanced Accounting, Summer 2013. OUTLINE 1. Introduction 2. The Reasons of Fraud in Nonprofits. 3. Types of Nonprofit Fraud. 4. Recent Fraud Cases: A. $1,000,000 Charity Scam by John Cody. B. ASPCA International and $27,000,000 Fraud. C. Fraud Committed by Anita Collins, Church Bookkeeper. D. Fraud Committed by Hugh Blackburn. 5. Fraud Prevention in Nonprofit Organizations. 6. Conclusion. Introduction. Most of us are familiar with the organization ASPCA (American Society for Prevention of Cruelty to Animals) and some of us even donate or consider donating money or time. But not many of us know that only 5 cents of every dollar collected by ASPCA goes actually towards the organization’s primary goal, which is helping animals. Just a few months ago a disaster hit NYC and the areas around. It is hard to believe but it gave great opportunity for fraud. Consider the case of the couple John Sandberg and Christina Terrassino, who launched a charity website, The Hurricane Sandy Relief Foundation. According to DCA (Division of Consumer Affairs), they have solicited more than $600,000 from about 2,000 donors. However, less than 1 percent of the money was given to the victims of the hurricane (Rose, 2013). Beside, consider the case of Anita Collins, a 67-year old church bookkeeper. She is known for stealing approximately $1,000,000 from the church she worked in (Huffington...
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...Use Google search, the Devry-Keller Online Library, and/or one of the approved websites posted in the Webliography to find a research article(s) (no older than 2001) related to nonprofit versus for-profit healthcare and organizations. Analyze the characteristics of each type of organization and the factors that impact operations. Discuss options to improve the financial and operational performance of nonprofit organizations and the criticisms leveled at for-profit healthcare organizations. Define: characteristics a feature or quality belonging typically to a person, place, or thing and serving to identify it. Define: Analyze examine methodically and in detail the constitution or structure of (something, esp. information), typically for purposes of explanation and interpretation. Characterists: accepting patients community benefits monetary payments "More important, most doctors in a for-profit practice own that business and have complete decision-making autonomy. Doctors in nonprofit settings have no stake in the practice, and major decisions must be okayed by a board of directors." (school) "To be sure, the very nature of hospital payrolls means fewer benefits for physicians. Doctors in private practice can sock away as much as $30,000 annually in a tax-deferred SEP-IRA, or similar plan. But contributions to a nonprofit hospital's plan are capped at $10,000. That's because a private practice can skew its benefits to favor the high earners. In a hospital...
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