Non Profit Organization Analysis And Financial Evaluation

After having done a detailed study of the projected financial statements for the upcoming year, we have been able to identify a few glaring financial pitfalls the center has to beware of. The center has a lot of government aid provided to it but it also faces a host of

The total revenue of any firm is calculated by adding the total sales of good and services in a given period mostly one year as explained by Austin, (2002). According to St Jude children’s Research Hospital’s financial statement for the year ending June 2014, the total revenue totalled to $ 410,148,655. It was achieved by the addition of net patient service revenue ($ 104,014,142), research grants and contracts ($ 93,786,845), net investment income ($ 201,569,845), net assets released from restrictions (0) and other revenues ($ 10,778,398).

The contribution ratio of XYZ Non-Profit Corporation for the years 2002 through 2004 are shown in Table 3. In all three years the largest revenue source for the XYZ Non-Profit Corporation was grant income. Grant income may be subject to federal, state, or local government budget funding availability; it also may be subject to deadlines or eligibility criteria which may change from year to year. In 2002 and 2003 the ratio was above 0.5 figures that it should be below, however in both 2003 and 2004 the number decreased. By 2004, the ratio was at 0.49 and if the decreasing trend continues over time then it will give the agency more financial flexibility in the event that the grants become unavailable in the future.

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 non-profit organization I chose to research is St. Jude’s Children’s Research Hospital. This organization was founded by Danny Thomas in February of 1962. Thomas was a show entertainer, who prayed to St. Jude Thaddeus asking for success so that he would be able to repay others. Now, 54 years later, the hospital has over 3900 employees and is world renown for all of their work with children.

The Utah Symphony received approximately 5% of its incoming from their endowment fund annually. The organization raised $3,829 in revenue from rental fees, sets, props, costumes, box office, etc. However, the symphony believes that the fundraising contributions are sufficient enough currently to allow ticket prices to remain the same as the prior year is successful. The up side is that there was a $116,308 in surplus at the end of the year.

(2013) found that foundations have increased both the amount and scope of their donations to

The foundation supported a wide variety of groups, favoring Jewish charities, veteran’s groups, the arts and children’s non-profits. Almost all of the foundation’s gifts during this period were for amounts less than $1,000. There were however a few exceptions: Jewish Community Foundation $100,000 given in FY12 (this was the only gift in FY12 over $1,000), Jewish Federation of Greater Los Angeles ($27,500 given FY14 and $26,000 in FY13) and Jewish Home for the Aging ($22,250 given FY14, $25,900 given

A negative number for each of these ratios means that the overall financial position for the City has decreased. The decrease was more significant for primary governmental activities than for total governmental activities, which mean the financial condition of the City, as a whole, is not completely ruined.

deficit and endowment funds have been depleted. MGOA wants to develop a plan that allows for financial

According to the letter of transmittal provided in the CAFR the finance director states the city is showing signs of recovery after the recent recession. The letter states that the City has been really careful managing their budget and ensuring they have a cushion to rely on in case of emergencies.

In regards to the fundraising expenses, the UMMA Clinic has spent 11% of their total revenue on raising funds, while the IMAN Clinic spent 2% of their total revenue on raising funds (assuming that the fundraiser was funded by the revenue listed on the 990). Even though, the UMMA Clinic spent a significantly higher percentage on fundraising, it was not lucrative enough to bring them out of the negatives. The UMMA Clinic generated $163, 220 from fundraising. Since the IMAN Clinic did not report the amount generated from fundraising, it is impossible to analyze. Despite the fact that the IMAN Clinic did not report funds generated from fundraising, they reported earning $20,142 from events. The events may include fundraising events; unfortunately

This paper will examine budgeting procedures for profit and non-profit businesses and compare similarities, and if they exist, differences in accounting practices. This paper will also attempt to review what is Generally Accepted Accounting Procedures (GAAP) for budgeting for any organization to be successful.

Nonprofit Finance Fund® (NFF®) unlocks the potential of mission-driven organizations through tailored investments, strategic advice and accessible insights. Founded in 1980, NFF helps organizations connect money to mission effectively, and supports innovations such as growth capital campaigns, cross-sector economic recovery initiatives and impact investing.

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).