Financial Statement

Comparative Summary Of Financial Environment Liliana Varela HCS/577 April 2, 2012 Destiny subgenus Chen Health help monetary environments exit in terzetto types of musical arrangements. These formations are: a) Not-for-Profit, b) For-Profit, and C) political sympathies. A non- emolument 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. unrivalled non profit organization is the terra firma imaginativeness pedestal. The creative activity lot foundations main goal is to return children around the piece with food, shelter, medicine, and education. Dr. Bob Pierce began reality 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 pa rticular 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 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 severally 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 measure revenue goes directly to programs, b ) 10% of run expenses goes to fundraising, ! and c) the remaining 5% keeps management and general overhead secondary and effectively running. World Visions objective for financial liquidity and militia is to operate within a wise range of stability, temporary hookup 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 means each company sees its...If you want to make it a across-the-board essay, order it on our website: OrderCustomPaper.com

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