Non-Profit

As Oxfam, being a not for Profit Company there is lots of advantages and disadvantages. One of them is that Oxfam has lots of opportunity to assist the community for example funds and volunteer work. Oxfam is a tax exempt meaning that they do not have to pay any tax. Also, registered non-profits have limited liability under the law when it comes to dept. the owner of the business are not responsible for the business debt. Non-profits also have access to government-sponsored and loans. A disadvantage of Oxfam being a not for profit is that the Fund development and fund-raising can be a challenge, particularly during an economic downturn and when unemployment rates are high.

Non-profit organizations are devoted to advancing a certain societal cause or encouraging a certain common point of understanding. These organizations are either exempt from taxes or are charitable so they are not required to pay income levy for the funds they get for their organization. Non-profit organizations function in different fields, such as education, religion, research, science, etc. (Drucker, 2016). Because many people invest their time, money, and faith in these organizations, there are various key aspects that define a non-profit organization. Such aspects include honesty, trustworthiness, openness, and accountability.

According to Daft the main difference is that for-profit organizations’ bottom line is to earn money, while non-profit will focus on social impact (p.13). Therefore, the key stakeholders’ expectations would be within the increase profit and market position of their organization. In contrast, regarding the non-profit organization the expectations are parallel to diversity of the stakeholders. For instance in the case of the Salvation Army, the volunteers, customers, donors, and government agencies, will have different expectations of the organization, while the leadership would balance those expectations to achieve the non-profit goals.

Nonprofit organizations are a vast and diverse community that encompass many different entities and organizations. Nonprofit organizations are defined as associations with a legal status which is nonprofit (making); are financially independent of government; and are actively engaged in the political, social and economic transformation of society; with an aim to mobilize people for self and national development beyond mere basic needs (Wadongo, 2014, p. 17). The two main roles of nonprofit organizations are to attract resources and allocate these resources to various beneficiaries. However, protection from market rigidity, with no bottom line of stock market price to measure performance or exposure to public elections, leads to greater

Grand Junction, Colorado is a town in Western Colorado that has taken steps to excel in the health care field by providing cost effective and efficient care to their community. In lecture this week, we have learned that the key system concepts are: shared vision, shared reality, people, parts, interrelationships, leverage, adaptability and iterative learning.1 The article: Grand Junction, Colorado: A Health Community That Works, is an example of a patient-centered medical home that currently exists in the United States, and should be looked at as a possible solution to our current health care overspending crisis. I believe that the health care provided in Grand Junction, Colorado has excelled in all these concepts and will discuss their

Select a non-profit partnership or cause that best correlates with the company’s mission and values.

The EDF is a non-profit organization whose goal is to protect the environment. The organization have many projects that help them to raise fund for such goal. Their main stakeholders are the people who support them and push politicians to pass environmentalist laws. One of their main programs is called the “Climate Corps”; this programs creates a small network that only allows people who are strictly selected by the EDF. Moreover, the plans that their interns create for company affect some stakeholders inside the company they work for. Consequently, many other stakeholders are negatively affected by this. In order to avoid more negative effects instead of positive, the EDF should extend the Climate Corps program and modify some of the basis in which the program creates their plans, so direct and indirect problems can also be solve.

outlines the benefits of the non-profit for the for-profit partners. “If a nonprofit is only focused

A nonprofit organization is one that is tax-exempt and serves the public’s interest. Their purpose must be charitable, educational, scientific, religious, or literary. The organization does not declare a profit, instead uses all the revenue available after standard operating expenses in serving the public interest. The individuality of nonprofit organizations is not obvious, possibly they are no different from private organizations; they are influenced by business motives and opportunities for ambition just as private organizations. Nonprofits are not independent of private enterprise or the government. Nonprofits compete and collaborate with other organizations in many ways in order to finance theorganization, develop markets for

As a result of this status, this business organization must provide a "community benefit". Unlike for profit organizations where profits are earned for owners, NFP organizations earnings are invested back into the organization to benefit the community after paying for operating expenses (cite,reword from bookmark). Our Lady of the Lake Regional Medical Center in Baton Rouge, LA is an example of a private not-for-profit organization (put somewhere else??)

You and I both have many of the same views when it comes to the non-profit world. I must say that my opinion stems from working in this arena for quite some time. Although some frown upon non-profits, I thoroughly have enjoyed my work experience at my current agency, as well as other non-profits I have worked with in the past. I currently work for a Child Advocacy Center, which provide services to child abuse survivors and their families. This is a topic that many like to turn a blind eye and deaf ear towards. I believe our agency has the ability to help those families in crisis understand that their lives are not over and they can live again, even though they may have experienced such horrific trauma.

Non-profit organizations are the way of life, they are the reason why people of society care about the “little” people. Individuals who start a non-profit, usually start with the mission of helping others. They want to make a change in the world and be the hero that helps every individual who is struggling or trying to cope with life. Some non-profits are not as sappy as others, but most are geared towards community building and forming relationships. The relationships that are formed last for a lifetime, mainly because of the rawness of the individuals within the organization.

Non-profit industry can be generally divided into different categories such as Arts and Culture, Environment and Animal Welfare, Faith-based, Healthcare, Higher Education, Human Services, International Affairs, K–12 Education, Medical Research, and Public and Society Benefit. The Internal Revenue Code (IRC) defines more than 25 categories of organizations that are exempt from federal income taxes. For some people, a non profit equals to what the tax code classifies as a charitable or 501(c)(3) organization but a charitable organization must benefit the broad public interest. It must serve at least one of the following purposes defined by IRS: charitable, religious, educational, scientific, literary, testing for public safety, fostering national

I will here explain the differences between non- for profit, for profit, and governmental organization. First, I will start with the purpose of each of them consistently, non-for profit does not prioritize profit however, they are dedicated to provide welfare services to members and society. For-profit, the primary purpose is to generate profits. Governmental organizations, provide special services such as social amenities. Second, source of revenues, non for profit get it from exchange transactions, support, donated materials, special events, pledges, and contribution services. For profit, usually gets the revenue from sales of gross and advertising. Governmental organizations, usually gets their revenue from taxes, fines, and rents. Moreover,

The main purpose of commercial organization is to earn money for its owners. The NPOs can’t have owners, as this entity is intended to serve the population, and the law clearly defines that the property (with the concomitant extraction of private benefits) is incompatible with serving the public interest. ## So non-profit organization is the organization that has no profit as the main objective of its activity and doesn’t distribute the profits among the participants. This doesn’t mean that non-profit organizations can’t make money, but the money should go to public purposes for which organization was created. These funds can also be set aside for future programs or transferred to other organizations working for the benefit of society. In this way the NPOs can engage business activities: to produce goods and services, acquire and dispose of securities and property and non-property rights, participate in the economic companies and limited partnerships as an investor.