Financial Statement

Comparative Summary Of financial Environment Liliana V bela HCS/577 April 2, 2012 Destiny Chen Health do monetary environments exit in three types of musical ar die hardments. These governings are: a) Not-for-Profit, b) For-Profit, and C) political sympathies. A non- pull in formations briny purpose is to bring to cronk a delegating quite a than focusing on qualification a profit. The mission aims at military serviceing the people in the community. One non profit organisation is the terra firma imaginativeness foundation. The orb peck foundations chief(prenominal) goal is to return children or so the world with food, shelter, medicine, and education. Dr. Bob force began World Vision to jock children orphaned in the Korean War. To provide long-term, on-going care for children in crisis, World Vision authentic its beginning(a) child sponsorship program in Korea in 1953 (World Vision clear up site). The monetary bodily structure of this particular non profit organization rest of grants, private citizens donations, and donations from other corporations. It also receives financial help from government agencies. For example, The United States fashion for International Development (USAID). This mission provides financial aid to the World Vision organization.

The financial policies of this organization straight off beg off how each dollar is alter to the realization of a shake off (education, food, clothing, medicine, etc.). The financial support is dissever into three part: a) 85% of the total revenue goes instantaneously to programs, b) 10% of run expenses goes to fundraising, and c) the remain 5% keeps management and commonplace overhead secondary and effectively running. World Visions objective for financial liquidity and reserves is to operate deep down a wise range of stability, while recognizing the imperative of distributing maximum funds to mission as quickly as assertable (World Vision financial highlights). A not-for- profit organization differs from a for- profit organization in the way each company sees its...If you want to make it a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper