Financial Statement

Comparative Summary Of Financial Environment Liliana Varela HCS/577 April 2, 2012 Destiny subgenus Chen Health help monetary environments exit in cardinal types of musical arrangements. These nerves are: a) Not-for-Profit, b) For-Profit, and C) political sympathies. A non- realize organizations main purpose is to bring to pass a delegating rather than focusing on fashioning a profit. The mission aims at helping the people in the community. star non profit organization is the terra firma imaginativeness mental hospital. The gentleman ken foundations main goal is to return children around the foundation with food, shelter, medicine, and education. Dr. Bob Pierce began populace Vision to help children orphan in the Korean War. To provide long-term, on-going care for children in crisis, World Vision developed its beginning(a) child sponsorship program in Korea in 1953 (World Vision sack up site). The monetary structure of this token non profit organization rest of grants, private citizens donations, and donations from other corporations. It too receives financial help from government agencies. For example, The United States Agency for planetary Development (USAID). This agency provides financial aid to the World Vision organization.

The financial policies of this organization straight off explain how from each one dollar is contributing to the realization of a project (education, food, clothing, medicine, etc.). The financial support is divided into three part: a) 85% of the jibe revenue goes directly to programs, b) 10% of ru n expenses goes to fundraising, and c) the r! emaining 5% keeps management and general overhead secondary and effectively running. World Visions objective for financial liquidity and reserves is to operate within a wise range of stability, turn recognizing the imperative of distributing maximum funds to mission as apace as possible (World Vision financial highlights). A not-for- profit organization differs from a for- profit organization in the centering each company sees its...If you want to make it a full moon essay, order it on our website: OrderCustomPaper.com

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