Non-Profit Organizations Vs Nonprofit Organizations

For-Profit versus Non-profit entities in relation to healthcare organizations, both have similarities and differences within their healthcare concept. Therefore, one needs to analyze key components of both health care entities.

Stakeholders play a critical role in the management and decision-making process of an organization. An example of a stakeholder includes employees, managers, patients, vendors, suppliers, the community, creditors, customers and the government (Daft, 2013). Also, Daft (2013) says, “Stakeholders are groups “within or outside of the organization that has a stake in the organization’s performance” (p. 23). There are a few differences surrounding stakeholder expectations between non-profit and for-profit organizations. The differences in nonprofit organizations and for-profit business organizations are the direction of activities for the end goal (Daft, 2013). Although it is very difficult to measure the impact that a nonprofit has on society, community, or a particular group as opposed to evaluating an income statement from a for-pro-profit organization. The same level of attention should be paid to stakeholder for nonprofit organizations as stakeholders of for-profit organizations.

The goal for non-profit organizations its to set up a demographic for the certain charity and to reach these demographics in a proper way in order to receive donations. The donors do not just donate to anyone. It is important for the organization to first have a good reputation and a good standing. There are many non-profit organizations that do not stay true

Nonprofit organizations (301C3) organizations receive certain tax benefits such as being tax exempt, as a result nonprofit organizations can not distribute profits or benefits to shareholders and are considered owned by the people. A for profit organization has the sole purpose of making shareholders a profit and therefore is taxed by the government.

Many entrepreneurs and business people are understandably confused about what is required for a corporation to be considered non-profit. A nonprofit corporation, or 501(c)(3), is a charitable organization that is recognized by the IRS. Non-profits do not pay income tax on its earnings or donations. Whenever people donate to a non-profit, they can reduce their taxable income through itemized deductions.

While the terms nonprofit and not-for-profit are viewed by many as synonymous terms, they are differentiated as follows. Nonprofit Organizations (Non-Profit Organizations) operate very much like commercial businesses but do not seek a profit. Non-Profit Organizations include charities, private schools, and research organizations. Non-Profit Organizations do not pay taxes; donations to many are tax-deductible, usually up to a certain dollar limit. To be considered for Non-Profit Status, however, a nonprofit must register with the IRS, under section 501(c) of the federal Internal Revenue Code. Not-for-profit organizations (NFPOs), on the other hand, pay taxes and may earn a profit, but unlike dividends, those profits are not distributed to its owners or members (distribution principle). NFPOs include private clubs, sports organizations, political organizations, and advocacy groups. Contributions to not-for-profits are not tax deductible. While this research guide focuses on Non-Profit Organizations, it will cover issues in the entire nonprofit

Raffles are an excellent way for nonprofit organizations to raise money due to the low cost, competitiveness between ticket sellers, and people’s desire to get something expensive for a cheaper price. All of these qualities of a raffle allow the organization to raise awareness about their cause as well as promote more people to buy tickets in order to support it.

What a great post. You stated that, “Collins (2005) rejected the notion that the best way for organizations in the social sector to become great is to operate like a business; “many widely practiced business norms turn out to correlate with mediocrity, not greatness” (p. 1). However, the same sentiment may be applied by some to MDO norms” (Scruggs, 2016, para.1). I absolutely agree. I have had the privilege of serving in leadership positions for a variety of organizations. Collins (2005) makes an excellent point regarding the practices of the modern business in that often these should not be emulated. At the same time however, I have also worked for nonprofits where the same is also true. Both for-profit and non-profit organizations

Leonardo da Vinci was a man of many talents, two talents of his where sculpting and painting. As a sculptor Leonardo crafted many things out of beeswax, clay, and many more thing but he never did cast anything with bronze. He was supposed to but when war with the French started he never got to. There was many things to paint with but DaVinci preferd oil paint, made from ground pigments. Later in his career, he worked with tempera, made from egg whites. His work surface typically would be a canvas or board, or even stone when painting a mural. Leonardo Da Vinci had talents in all of his studies but excelled in painting and sculpting.

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.

Being that my nonprofit organization is a dog and cat rescue in Visalia, California, it is important that I develop a plan for organizing and staffing for my organization along with developing the board. As mentioned previously, we are located in the Central Valley in the city of Visalia, California. Now that we have assessed our needs and objectives for the organization, we must now focus on developing a plan for organizing, staffing our organization, and working on the development of our board in order to help the organization be more successful in the future. A big responsibility of being on a board is raising awareness and funds for the organization (Blakemore, 2013).

In order for a nonprofit organization to obtain funds they must show evidence. For APCH this is not an issue, in fact, this organization happens to shared data of all their accomplishments, youth outcomes, tutoring, volunteers, clients who have enter college, yearly hours of youth counseling, tuition for school, expenses of activities, school supply, field trips, donations and expenses for educational courses (Things We Measure, n. .d).The only challenge APCH may have as stated above is their 75% spending normally it has to be at 60%. This can lead them to not have enough assets for other areas in their programs.

Public policy refers to “a system of laws, regulatory measures, courses of action, and funding priorities promulgated by governmental entity or its representatives”(Blau & Abramovitz, 2014). One public policy that is gaining attention from United States Senators is the Expand Excellence in Mental Health Act. We can gain a better understanding of this act by taking a look at a recent public policy related to mental healthcare, the values in the Code of Ethics, social welfare programs, stakeholder groups, and Joel Blau’s five elements model. This will give us a better understanding into the social problem and public policy related to access to mental healthcare.

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

Any company aim is to increase the profit for the share holders, receive dividend (distribution of profits) in order to invest again or issue shares (selling part of the capital, method mainly used by big business to avoid asking bank loans and have liquidity – cash flow), take bank loans, while non for profit organization aim, is not to gain profit or save money but to spend for social purposes, explaining how the money was spent. There are four main types of charities structure; Charitable incorporated organization, Charitable Company,