In what categories does a nonprofit organization need to report its expenses?
Functional expense categories were program, Management and General & Fund-Raising. These categories were required to give a reader a picture of how efficient a non-profit was in managing it's resources by comparing Management and General & Fund-Raising to total expenses.
In what categories does a nonprofit organization need to report its expenses?
2. (35 Points) A nonprofit organization depends on a number of people for its successful operation. The organization must track, for each person, name, address, and phone number. People can be classified into three categories: employees, volunteers, and donors. Each person can be in multiple categories (e.g., a volunteer can also be a donor). For employees, it is important to capture their date hired. In order to know how best to utilize volunteers, for each volunteer the organization tracks which...
A nonprofit corporation will limit its powers pursuant to what? a. The majority vote of the general class of shareholders b. The nonprofit corporation's purpose clause c. The nonprofit corporation's articles of organization d. The majority vote of the preferred class of shareholders
What does motivation mean? What about theories of motivation? Take any firm or organization and report the way it motivates its employees
The Johnson Research Organization, a nonprofit organization that does not pay taxes, is considering buying laboratory equipment with an estimated life of seven years so it will not have to use outsiders' laboratories for certain types of work. The following are all of the cash flows affected by the decision: Use Exhibit A.8. Investment (outflow at time 0) Periodic operating cash flows: Annual cash savings because outside laboratories are not used Additional cash outflow for people and supplies to operate...
The Johnson Research Organization, a nonprofit organization that does not pay taxes, is considering buying laboratory equipment with an estimated life of seven years so it will not have to use outsiders' laboratories for certain types of work. The following are all of the cash flows affected by the decision: Use Exhibit A.8. Investment (outflow at time 0) $ 6,430,000 Periodic operating cash flows: Annual cash savings because outside laboratories are not used 1,410,000 Additional cash outflow for people and...
The Johnson Research Organization, a nonprofit organization that does not pay taxes, is considering buying laboratory equipment with an estimated life of seven years so it will not have to use outsiders' laboratories for certain types of work. The following are all of the cash flows affected by the decision: Use Exhibit A.8. Investment (outflow at time 0) $ 6,050,000 Periodic operating cash flows: Annual cash savings because outside laboratories are not used 1,480,000 Additional cash outflow for people and...
If you were the executive leader of a nonprofit or public service organization, what other employees would be part of the grants team and why?
What is a Not-For-Profit Organization (NFPO)? Explain in detail the categories of NFPO.
1. What is a Not-For-Profit Organization (NFPO)? Explain in detail the categories of NFPO.
The local nonprofit youth symphony is planning a concert fundraiser. The organization estimates that 600 tickets can be sold for $15 per person. The fixed costs are $708. The local chamber of commerce office will process ticket orders for a fee of $3 per ticket, to relieve the youth symphony of this responsibility. (1) How many tickets does your organization have to sell to break even? (2) How many tickets does your organization have to sell to earn a profit...