Financial Statement

Comparative Summary Of Financial Environment Liliana Varela HCS/577 April 2, 2012 Destiny subgenus Chen Health help monetary environments exit in trey types of musical arrangements. These make-ups are: a) Not-for-Profit, b) For-Profit, and C) political sympathies. A non- receipts 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. iodine non profit organization is the terra firma imaginativeness piece. The gentlemans gentleman great deal foundations main goal is to return children around the world with food, shelter, medicine, and education. Dr. Bob Pierce began humanity Vision to help children deprive 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 pos ition non profit organization rest of grants, private citizens donations, and donations from other corporations. It too receives fiscal help from government agencies. For example, The United States Agency for external Development (USAID). This agency provides financial aid to the World Vision organization.

The financial policies of this organization straight off explain how separately 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 thorough revenue goes directly to programs, b) 10% of run expenses goes to fundraising, and c) t! he remaining 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, composition recognizing the imperative of distributing maximum funds to mission as speedily as possible (World Vision financial highlights). A not-for- profit organization differs from a for- profit organization in the manner each company sees its...If you want to make it a just essay, order it on our website: OrderCustomPaper.com

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