Fundraising In Nonprofit Organizations

The governing body of a nonprofit organization is crucial to its success as it provides the necessary leadership, planning, accountability and oversight to propel the organization forward. The success of a nonprofit board often hinges on effective planning, policy, meetings and committee work. Board members of Northeast Texas CASA are described as invested in the program and the children they serve.

Nonprofit organizations have become a force to tackle issues of social need, but why should an organization be created to address poverty by connecting its participants to education? In New York state there are over 97 thousand nonprofits addressing one sector or another. Still the issue of poverty continues to be a growing problem especially after the 2008 financial crisis where millions of Americans lost their jobs, saving and even homes. Those affected by poverty range in age, race and culture. In the United States poverty, measured in the strictest sense, is not about getting food to eat or money for basic needs like clothing or shelter. It is more of the average American being secure and having the ability to provide for their own basic

Non-profit making organizations face many challenges, but the thorniest issue remain the source of funds. It is for this reason that most frequent discussions in these organizations are about sourcing funds.

Most nonprofit agencies follow the same management structure. The structure normally consists of a vertical hierarchal structure with the chief executive manager at the helm, and divisional leaders rounding out the strategic leadership team. Since 9/11, then government shutdowns, multiple wars, natural disasters, and the government sequester, the challenge to most nonprofits is to compete for every available charitable dollar. Chief Executive Officers (CEO) of nonprofits must not only be skillful in maximizing the outcomes with fewer dollars, but also politically savvy in vying for monies for federal, state, local, foundation, and private funding sources.

Successful management of a not-for-profit organization requires providing high-quality service, but at the same time, careful administration - to reduce expenses and automate processes are ongoing requirements. Each type of not-for-profit organization has unique management needs. For example:

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.

In this week’s lesson we are looking at the importance of having a chart of accounts in our nonprofit business. At HOPE which is the business that I support. The main focus is to house and provide support to those who are homeless, mentally ill and may be struggling with dual issues. Because there is a need in a nonprofit to show measurements to determine success in each area. Charts are created for every service area the HOPE supports ( Margolis, S. (2014, 11).

Initially, I would like to talk a little about my role in the fundraising project and then mention about how OB concepts played a role in the completion. My role in the project was Purchasing and Procurement Officer and as the name suggests, this was a very demanding job and highly respected by all my peers. This position was very significant for me that, I cannot emphasize enough how much it is going to help me in my field of studies and possibly my career. Being part of the “Basketball Shootout”, my biggest challenge was to get desirable gifts for the participants and making sure it did not cross the projected budget. In order for me to do the job very efficiently, I had to use my networking skills and track

Nonprofit organizations broadly described operate to achieve missions that serve the common good. Graduate study in the field of nonprofit management focuses on the development of leadership skills for nonprofit managers and provides education in areas such as general operations, human resources, strategies, and fund development (Nachmias, 2008). Students of nonprofit management also develop proficiency in other matters such as nonprofit legal issues, organizational development, donor relations, financial management and fund-raising, volunteer, and human resource management, and pro-gram evaluation, to name a few competencies (Nachmias, 2008).Many nonprofit management programs have a theoretical component, and most programs rely on experiential learning as a vital element of a graduate student’s education. Future studies of community impact should include analysis components from the fields of nonprofit management education, service learning, capacity building, and nonprofit evaluation, and take into consideration specific factors that may affect study outcomes.

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.

NPOs are entities almost the same as for-profit organizations save for two distinct features of NPOs (Nolan, 2013). First, it is prohibited to distribute its profits to the public. The second one is that NPOs do not have shareholders; therefore, no one owns the entity. What it includes are the trustees who merely administer the organization and oversee its operations.

The documents chosen to go in the learning outcome 9 part of my portfolio demonstrate my understanding and ability to adhere to the appropriate legal, financial, and ethical frameworks under which nonprofit organizations operate and are regulated.

Last week, Garrett and I submitted our application to be reviewed for USEED fundraising. Our first step is to meet with Paul Racz, a USEED leader, for a 1 hour interview in order for our organization and fundraising campaign to be approved. This meeting will be happening this Thursday, Sept. 22 from 1:15pm - 2:00pm.

Nonprofit organizations have several functions, and not each one is alike. Essential to all non-profit organizations are four functions: planning, budgeting, funding and management.

Financially healthy nonprofits use income-based, rather than budget-based spending which allows them to have income projections that are realistic and helps to determine realistic costs (Zietlow, Seidner, 2014). The most successful nonprofit should have an operating reserve to finance shortfalls and hopefully allows them to have a positive cash flow at the end of the year (Zietlow, Seidner, 2014). However, most nonprofit organizations fight to manage cash flow due to how income and the expenses often may occur at different times, so that there may not be enough cash to pay for the expenses as they become due and payable (Zietlow, Seidner, 2014).