Impacts Of Not For Profit Organizations

According to our text, “Not-for-profit organizations lack a residual ownership claim and the organization’s purpose is something other than to provide goods and services at a profit.” “Because significant resources are provided to governments and not-for-profit organizations, financial reporting by these organizations is important.” (Page 2).

Best Buddies is a non-profit organization that promotes the good through one-to-one friendships, integrated employment and leadership development for people with intellectual and developmental disabilities (IDD). It has created lasting relationships between students with disabilities and their peers, therefore, helping to improve the quality of life and level of inclusion for a population that is often isolated and excluded. It has also provided employment opportunities for those with IDD, allowing them to be productive members of the labour force. Lastly, Best Buddies has given those with intellectual and developmental disabilities the chance to realize their potential by encouraging them to become leaders.

As a player in the not-for-profit-organisation (NFPO) ecosystem, XXXY has made a reputation in the field of original economic research in all-encompassing policy oriented research undertakings. It was a trail-blazing undertaking to conduct the business of informing both the government, the public as well as the industry or loosely, the private sector, prognoses on current and topical economic issues with an extensive analyses of statistical databases.

American businesses began focusing on the needs of consumers after WWII when businesses and organizations began to expand and were motivated by self interest. In view of being able to make the maximum amount of profit by providing the needs and wants of people. Correspondingly, this is where supply and demand comes into play. However, meeting a customer's needs is equally as important as producing and selling quality product/service that will put a business apart from the rest. In order to be a successful business an organization has to recognize the factors that interest customers, making them drawn to that business. In addition if this is the primary goal of every business that calls for competition. The difference between non profit organizations and for profit organizations are their goals along with how they achieve those goals. A business's goal is to make the maximum amount of profit this includes the entrepreneurships and the employees involved with the work and labor of the production/labor. The goal of a non profit organization is somewhat similar then again wanting maximum amount of revenue rather than profiting, while still meeting the needs of the consumers who receive product or service from a non profit organization.

A not-for-profit organization responsible for the provision of leisure services would be Boys & Girls Club. This is an organization that truly holds up the values of being a not-for-profit organization. Their mission is "To enable all young people, especially those who need us most, to reach their full potential as productive, caring, responsible citizens" (Boys & Girls Clubs of America, 2013). With a mission such as this it is obvious that this is an organization that is about the youth and enabling them to grow as individuals.

Contained within the context of the Camden Groups paper are some unique traits that would form the foundation for the non-profit business model. Some characteristics would be based on but, not limited to:

In higher education, institution carry themselves differently depending on the mission and if they are for-profit. The difference between for-profit and nonprofit is that for-profit institutions tend to be concerned with making a profit even though it might not be for the best interests of their students, nonprofit institutions are legally bound to put their profit back into the institution. Some in the for-profit sector have been shifting from being for-profit to nonprofit. Some institutions are either buying out the for-profit institutions or converting to nonprofit.

The non-profit sector in the United States is the fifth largest in the world. It is important to look at not just who gives this money, but also who, and what, purpose does it serve with such organization. YMCA, is dedicated to serve humanity at the best ways possible, it has established centers, and office, in the united states and throughout the world. In 1844, George Williams launched the YMCA movement in London as a volunteer, and his example persists in the expansion of the Y across the globe. In the United States, early YMCA programs were run almost entirely by volunteers. (YMCA 2017)

Unlike for-profit organizations, not-for-profits don’t have owners, they have a board of directors, many have paid staff some use volunteers. Not-for-profits can generate excess revenues but they aren’t divided to shareholders as for-profit organizations, they must be retained for the organizations self-preservation, expansion, or future plans. Not-for-profits face strict government regulations. Most larger organizations are required to publish their financial reports detailing their income and expenditures publicly with the exclusion of churches who don’t have disclose financial information to anyone including church members.

Non-profits are known for working on issues pertaining to society’s problems, but where can they improve? Where do the ideas of sustainability, justice and responsibility fit into their framework? In the twenty years of working with various nonprofit organizations within the United States I’ve seen many areas where improvements can be made. Starting with transparency, ethical treatment of their volunteers and clients and competency of boards and executive directors. I’m excited by the idea that the triple bottom line is where nonprofit and for profit organizations intersect. Whereas profitable organizations are now looking to sustain their environmental and social surroundings, yet have always had their eye on the financial bottom line, nonprofits

Any facility or organization needs to have a structure in order to function effectively. I found two nonprofit hospitals just an hour apart from each other. The first hospital is Brattleboro Memorial Hospital (BMH) a 61-bed not-for-profit community hospital located in southeastern Vermont with a mission to provide community-based quality health services delivered with compassion and respect (BMH, n.d., para. 1-2). I have not found an organizational chart in their website, however, BMH is governed by bylaws and a volunteer board of directors in which according to Yoder-Wise (2015) coincides with the definition for private non-profit organizations. That said, the board of directors provides their expertise to make decisions on the overall governance

There are tons of non-profit organizations that have made tremendous changes in our world but are these organizations providing the essentials people need? The Human Rights Watch Organization is a coordination that was made to make the international world a more efficient place it was created by Helsinki Watch to help defend and protect human rights as well as give voice to the oppressed and hold oppressors accountable for their crimes. According to their website (hrw.org) this organization has helped strengthened the rights of children, women, refugees and migrant workers as well as bring up topics such as domestic violence, rape, war crime and many more to help people know more about what rights they attain. It is wise to contribute time or money to this nonprofit organization because as a human being that loves freedom and equality this organization provides the essentials needed to help people attain their rights internationally and it’s great that it was developed by people who voluntarily signed up to help achieve change for

There are two similarities between profit and nonprofit businesses. Both provides goods and services to customers. These two types of businesses also have costs from a variety of things such as supplies and employee pay. The difference would be that while a for-profit organization works to actually make a revenue, nonprofit companies provide services without compensation and rely on donations.

Non-profit organizations do not belong to the commercial sector or the public sector, but occupy an intermediate position. It gives

A not for profit organization is a corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive (Legal, 2013).” There are immense community benefits as a not-for-profit generally accepts everyone regardless of ability to pay. Nonprofit organizations are granted tax-exempt status which helps them to provide services to the public and are expected to be effective managers of their finances as well as being efficient (Financial Management, 2010). In doing so, they can gain exemptions from federal and state incomes taxes and have the ability to solicit tax-deductible contributions (Financial Management, 2010). Organization must follow legal financial