Nonprofit Business Analysis

This year, my two partners and I participated in the Business Financial Plan category. We presented at the District Leadership Conference, where we the advanced to State. This project benefited me in numerous ways. For instance, at the time, I was undecided on my career choice. Participating in this event caused me to acknowledge the financial considerations that need to be taken when operating a business. I soon learned that I enjoyed calculating the finances for a business and determining the most efficient ways for it to operate. Therefore, this event has contributed in my career choice. Due to the impact FBLA has made on my life and the involvement of it, this organization has benefitted me in ways other organizations have

Financial statements are vital for organizations to predict future profitability. Financial analysis is the evaluation of data to assist in investment and making financial decisions. Throughout this paper team “B” will cover different aspects from the Valley of the Sun United Way’s financial statements. In their financial statements we will review internal and external factors that may have affected them over the course of the fiscal year. We will also review any major increases or decreases they have experienced and

The fourth nonprofit I analyzed is called GreaterGood which is an online website that sells a wide range of products that have been made across the world and uses the profit generated by sales to donate to a variety of different nonprofits that have a specific mission (Help, 2015, p.1). The specific nonprofits that GreaterGood donates to breast cancer, animal rescue, veterans, autism, diabetes, the rainforest, and the one that is specific to my area of analysis the hunger site. This style of nonprofit expressed by the GreaterGood charity is extremely unique because of the extreme differences in charities they are partners with. With the multiple charities they work with I would be confident in arguing that the GreaterGood-hunger site is a path-goal leadership style.

As an assignment for a public radio station I volunteered at, my partner and I were assigned to get sound bites. The Ralph’s in Downtown L.A. was featuring Homegirl Industries mango salsa in their deli section (Hirsch, 2009). At the event, most of the news outlets there focused on getting quotes from mayor Villaraigosa. This made it easier for my partner and I to get quotes from young adults that were part of Homeboy Industries. Through this assignment, I learned about the non-profit group and its goal to transform the lives of former gang members. This paper focuses on the non-profit organization Homeboy Industries and its contributions to the cultural region. The beginning focuses on the brief history of gang activity in Los Angeles, and

Currently, I work for a non-profit organization based out of Virginia called, Youth Matter, Inc. I have been a part of this non-profit for the past nine years. My involvement started by competing in their oratorical competitions and then becoming a volunteer. In 2013, I was selected to serve a year as their Youth Matter Inc. National Spokesperson. This past July I was selected to be on the board of directors and I am currently still serving. This organization has a committed CEO/Founder who has served as a mentor in my life. Although, she has been battling illness she strives to develop programs for the youth, both girls and boys of all ages. Since working with Youth Matter, Inc., I have realized there have been several

I likewise identified with the way that you have to know where you are presently so can arrange for where you need to be later on. Organizations always need to survey what assets are accessible to them at particular focuses amid the year keeping in mind the end goal to make arrangements about what to do with those materials. Throughout the years it has turned into my propensity to take a gander at our family spending plan routinely. I investigate our wage and costs and after that make modification and arrangements to accomplish certain objectives for what's to come. This procedure gives me a feeling that all is well with the world that my family has an arrangement and can manage our duties and any unanticipated costs. Perusing section six has truly helped me comprehend a bookkeeping practice that has been somewhat of a secret to me previously. There was a fabulous clarification of gathering accounting and why it needs to coordinate profits and costs with the period objects are bought to touch base at the benefit for that

Over the course of my two years at Metropolitan State University of Denver (MSU Denver), a certain nonprofit organization has really stood out to me. This particular non-profit is a critical piece to the MSU Denver community and the greater Denver community as a whole. Food for Thought currently provides food for six impoverished title one elementary schools, where many children would go hungry over the weekends otherwise. MSU Denver students and Denver business leaders volunteer for Food for Thought on a weekly basis during the school year. Every Friday morning, volunteers pack sacks of food into crates, which later get shipped out to the schools in need. Ever since I volunteered for Food for Thought the second semester of my freshman year,

The effects of a cancer diagnosis can be absolutely devastating, not only for the patient, but for family and loved ones as well. People affected by cancer have to cope with not only cancer treatments, but also with the stress, financial concerns, and the emotions that are part of living with cancer. Fortunately, nobody has to face these problems alone; The Center for Building Hope has free services that can help. “The Center for Building Hope offers free information, programs, and services to cancer patients, caregivers and family members, while connecting them with others who are going through a similar experience. These services are available through

Nonprofits have been involved in U.S. housing since the early 20th century when the tenement house was the “labor housing” in urban areas like New York City. At the time, the tenements were controlled by private industry that were concerned about profit rather than the quality of life of their tenants (Bratt, 1998, pp. 139-156). The nonprofit response came in the form of so-called “Model” tenement buildings which like their free-market counterparts quickly devolved into slums (Friedman, 1968, pp. 81-87). After these early failures, it would be nearly fifty years before any significant push by nonprofits in housing.

I enjoyed reading Chapter 11 especially what the author writes on page 281 as it summarizes the importance of a message. It keys on the relevance of accessibility, accountability, education, interaction, and empowerment. I think that is the key element of fundraising. I also believe that from a theory to reality there are some gaps. Nonprofits are often under tremendous pressure to perform with very little resources. Some nonprofits can navigate the process successfully and grow, while others do not.

An internet grand Google offers a toolset to help your nonprofit company. However, there are a few restrictions imposed, making not every nonprofit eligible to these solutions. These are important to overview and understand before moving forward.

Understanding the sources (incomes) and uses (expenses) of funds, and the budget deficit/surplus that results, are core accounting measures to consider in short and long term personal financial planning. Also, grasping key concepts like how your salary/wages are earned and segmented/taxed is important in determining your net incomes. How to approach deficits and surpluses and their associated action plans come from sound accounting understanding. Accounting develops controls on how to deal with budget deficits like increasing income, reducing expenses and borrowing. Understanding how sunk costs and opportunity costs factor into alternative choices and borrowing come to us from sound accounting knowledge and play a role in personal planning. Lastly, through various standard reporting approaches, we, though accounting, can develop the ability to look at current and future personal finance decisions and health via income statements, balance sheets, ratios and other common size book keeping measures.

While these Boards are essential to any organization, they can also be the cause of major controversy. For example, the nonprofit community frequently has disputes over the professionalism of the Board of Directors and over all positions in the organization (Arshad). People also argue that a certain level of diversity must be upheld when creating a board of trustees, while others completely disagree. These arguments are tough because the Nonprofit sector has always been held to higher standards than the private sector. The sector is also being more scrutinized than ever thanks to the easy access of information due to the internet.

When I graduate from Texas Southern University with my Master’s degree, I plan on starting a non-profit organization. When it comes down to creating my organization, I will use statistic for a lot of information. I will use statistic when discovering the average income of the area I am choosing to locate for my organization. As well as the average crime rate, the dropout rate of urban youths, unemployment rates, average age of gang members in the area, and the success rate of other organization in the area I choose as well. Each set of number would be very important to the success of my organization and I will need to make sure the numbers are properly found. Also the numbers are true to the census.

There used to be a time when zoos used to be full of animals. A time when extinction was not a problem. That was the past. Today, zoos all around the world are missing many animals such as the African elephant or the dodo bird. All of these wonderful animals became extinct because we were careless enough to let them all die. World Wildlife Fund (WWF) is an organization that is trying to prevent extinction from happening. WWF is an environmental organization dedicated to “protecting the world’s wildlife and wetlands” ("World Wildlife Fund"). It is one of the largest private supported conservation organizations in the world, with support from one million members in just the United States. WWF was formed on September 11, 1961 in Morges,