Not-For-Profit Financial Analysis

Due to the technological advances in the medical industry, the clinic has decided on advanced medical equipment to provide quality care to the patients. The equipment that will be purchased is a High- Speed CT Scanner, X-Ray Machine, and an Ultrasound Machine. This equipment will allow more quick and efficient test and treatment. The options that can be made include: buying new or refurbished equipment with an option of a loan, acquiring on capital or operating lease. During this phase, I chose the most cost effective option to acquire the equipment. To acquire the equipment, I chose the operating lease. Since there are always potential advances in technology, buying the equipment may not be a good idea. In the long term, the equipment that was purchased will likely be replaced by newer technology in a few years. Due to the decisions of acquiring new equipment, the clinic is now doing well and the profits are growing which allowed growth for the clinic.

The facility is also in need of new equipment to make sure patients are receiving the proper care and to reduce costs in the long-term. The facility needs to purchase these machines. The machines needed are as followed: high-speed CT scanner, an x-ray machine, and an ultrasound system. There are a few different options when obtaining medical equipment and in this case the facility is purchasing new equipment, purchasing refurbished equipment, or obtaining an operation or capital lease. The best strategy for purchasing a high-speed CT scanner would be to purchase a refurbished machine. The useful and usual life of this equipment is approximately 10 years. Although the hospital may need to upgrade the technology of the scanner in five years, at this time buying a refurbished scanner is the best option. The hospital can upgrade the equipment at a later time extending the usual life of this device. This will be recorded as an asset, but at a lesser value. The loan rate is also low at 9%.

A for-profit healthcare organization may be formed to conduct business activities pertaining to healthcare. The primary reason in forming a for-profit healthcare organization is to earn a profit for the investors of the company. With regard to for-profit healthcare organizations, the profits of the company are distributed to the owners or investors of the company in the form of dividends after EBITDA is calculated. A for-profit healthcare organization allows a business owner to obtain gains from the organization if the business remains profitable. A not-for-profit healthcare organization is formed for the good of the community. Not-for-profit healthcare organizations are formed for religious, charitable, or philanthropic purposes. The revenue raised by the not-for-profit healthcare organization must be reintegrated into the organization, so it is able to achieve its

My Not-for-Profit organization is called Leave the Green to Us. Leave the Green to Us is an organization that involves lawn care. It supports the elderly and the people that are disabled. What does it do you may asked, it helps the elderly and disabled to assist them in their home property. They do a lot of lawn cutting, planting flowers, fertilizing grass, trimming bushes and trees. Our mission statement is: We share the care and lend a helping hand. Any age can come in and help, our organization is made up of students and adults who are eager to help. My personal role in Leave the Green to Us is to organize the volunteers and to provide the services needed for each customer. I also organize the fund raisers and meet with all of the customers

Both organizations have mission statements, and visions that are the foundations for their organizational structures, each organization is aligned with a specific strategy to meet their goals. While both offer medical services their approach in offering such services will vary in their operational approach. Additionally, each has the ability to respond to a continuously evolving health care environment, but the for-profit would seemingly have the ability to adapt within a greater response time especially with regards to variables that would impact profitability. Federal/Local/ State rules and regulations govern both business models, but the nonprofit must strictly adhere to those guidelines in order to maintain their desired level of classification.

Georgia Ensemble Theatre and Conservatory was started in 1992 under the guidance of Robert J. Farley a nationally known director of national theatres such as the Alaska Repertory Theatre and Atlanta Alliance Theatre. Georgia Ensemble Theatre captures the attention of adults who enjoy the theatre and also nurtures the interest of our youth to keep the love of theatre alive for the future generations.

When looking at budgeting as a planning tool it is important to see things in the light of today. The world is changing rapidly and so is the need for nonprofits to be creative. As nonprofits face more challenges the need for service has increased. With a nonprofit the budget is usually very tight and funds are often used and stretched yearly (Hackler, D 2007).

The Non profits sector is different from other sectors. Human capital is the main resource and requires determination to gather people to support a cause. From the beginning of the class up to the last days, I learned the essentials and different scenarios in which the non profits have trouble due to different situations with staff, board of directors, budget, fundraising, planning, and much more. I also learned the opportunities available and how to manage effectively by lectures, real life experience from the professor and through examples in class. The personnel sections is one of the most important section, in my opinion, demonstrating the steps towards hiring staff and volunteers to make an organization function properly and excel from

I am applying to the Master’s program of Non-Profit Management at Northeastern University, because I believe it will help to prepare me to achieve my career goal of being an executive director of a non-profit organization. When my mother was diagnosed with breast cancer, I distinctly remember her worries about taking care of herself, her children, and making the most of her life. I also remember her fears being less prevalent when she began receiving assistance from non-profit organizations that helped her with medical issues but also help her get through her daily routine. As I saw my mother enjoy time with her family before her passing, I saw that unique and important role that non-profit organizations had in society. It also made me want to use my education and personal experiences to help those in need.

The advantage of debt financing is that interests paid on such debt are tax deductible. If a company has the intention of maintaining a permanent debt, the present value of the tax shield can be obtained by discounting them by the expected rate of return demanded by the investors who hold the debt (this is a perpetuity, where in reality would be the maximum possible present value for the tax shield). This tax shield value reduces the tax bill and increases the cash payment to investors, increasing the value of their investments.

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,

However, because the interest of debt could shield part of earnings from taxes and strengthen management’s incentive to increase sales. Some financial analysts hold the view that companies should take appropriate debt. The tax expense could be decreased along with the increase of debt.

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

The accounting and reporting guidance for Not-for-profit entities has remained almost the same for more than 20 years. At that time before April 2015, stakeholders and outside users have expressed worries and concerns regarding the complexities and

Companies can be profit and nonprofit organizations, but one thing stays the same and that is; companies want to survive. Small companies to huge companies all have to fight to extend their life cycles. A company’s longevity can reside solely on their ability to manage their assets, liabilities, revenue, and expenses. If a company can control and understand their assets, liabilities, revenue, and expenses than they are able to produce data statements like balance sheets and income statements.