The Benefits Of A Non-Profit Organization

What is the primary purpose of an organization? The primary purpose of any organization is to maximize revenue and minimize expenses. Profit is the single most important aspect on the mind of shareholders and/or owners. However, that is not the primary purpose of all organizations. A not for profit organization has a mission that seeks to benefit the greater good of the community, society or the world. Nonprofit Organizations can make a profit however, the financial benefits are not for the owners/shareholders of the company. Profit in nonprofit organizations should only be used to achieve the mission of that organization whether it is to feed the children, provide funds for Cancer research, or Stop Global Warming etc. Starting a non-profit is nearly parallel to a profit organization. You need a proper financial system, payroll, bank account, staff, insurance, mission statement, planning and re-evaluation. These are just a few basics of any organization. However, some differences due arise since Nonprofit do have differences to profit organization. For example, Filing the necessary documents such as the 501C is a tax exempt under the Internal revenue code for charitable organization. In this research paper, I am going to discuss the overview of taxation of exempt organization.

The American Red Cross (2010) website tells of an organization guided by the principles of humanity, impartiality, neutrality, independence, and voluntary service whose mission is to, “provide relief to victims of disaster and help people prevent, prepare for, and respond to emergencies” (Mission statement, para. 1). It claims a history of founding in 1881 in Washington D.C. by Clara Barton. Still operating today, 129 years later, is evidence of its success as an organization. It has endured despite the fact that the very nature of

Best Buddies is a non-profit organization that promotes the good through one-to-one friendships, integrated employment and leadership development for people with intellectual and developmental disabilities (IDD). It has created lasting relationships between students with disabilities and their peers, therefore, helping to improve the quality of life and level of inclusion for a population that is often isolated and excluded. It has also provided employment opportunities for those with IDD, allowing them to be productive members of the labour force. Lastly, Best Buddies has given those with intellectual and developmental disabilities the chance to realize their potential by encouraging them to become leaders.

Due to unforeseen events, the household income for the family was depleted to the poverty level of $24,600. Due to my interests, I decided to work for a non-profit organization that focuses on education reform and decided to participate in more pro-bono work to be able to increase my experience as a lawyer. I was fired from my previous education reform lawyer position due to layoffs and having just started working at the company, I was an obvious choice. The firm that my wife worked for fired her, and she is currently looking for a job. Since she is a social worker and has a degree in sociology, it is difficult to find jobs that match her interests and pay well enough. As one can imagine, a non-profit organization lawyer does not make as

Founded in 1942, the Ad Council is non-profit organization that delivers and benefits the lives of society every day. This organization works with tons of companies to promote powerful messages that would have an extreme impact across the country. The Ad Council continues to be the dominant producer in the United States for public service announcements changing the lives of many.

The NCAA is a non-profit organization that organizes and executes college sports, which includes football, basketball, etc. Key word from the previous sentence would be “non-profit organization”. What kind of “non-profit organization” makes as much money as they do? The NCAA players bring in great revenue with their outstanding efforts in bringing their team up to the top, because that is what the fans like to watch. Now does it seem fair that the NCAA does not give the players back any money at all to the players that actually bring the money in? In simple terms the NCAA makes large amounts of profits and needs to start distributing some of the money to the players (History of College Basketball, 2013). According to another article, the

A not-for-profit organization responsible for the provision of leisure services would be Boys & Girls Club. This is an organization that truly holds up the values of being a not-for-profit organization. Their mission is "To enable all young people, especially those who need us most, to reach their full potential as productive, caring, responsible citizens" (Boys & Girls Clubs of America, 2013). With a mission such as this it is obvious that this is an organization that is about the youth and enabling them to grow as individuals.

Until spending time in the nonprofit program at Johnson, I never considered the many different tasks associated with starting a nonprofit. Additionally, through growing up at a long-established nonprofit, I took for granted the work involved in establishing it as a 501(c)(3) nonprofit. The IRS website provides explanation for the many these required tasks needed to file for tax-exemption status. Filing the articles of incorporation and establishing bylaws remain crucial for an organization to receive recognition as a legal entity. However, establishing a nonprofit involves a great deal more than simply attaining tax-exemption status. Tschirhart and Bielefeld highlight many of these aspects, such as developing the mission and vision statements of the organization (Tschirhart and Bielefeld 49). As the reading from last week discussed, evaluating and acquiring resources for an organization should stem from the mission of an organization. Even more so, in order for that to take place, the organization needs established with a mission that will keep it rooted in its cause and a vision

For two years, I have volunteered at a unique non-profit organization aimed at providing at-risk inner city youth with literacy skills and mentorship. As a mentor at The Writers’ Exchange, I provide individualized learning and structure to several very challenged and impoverished kids. The focus is on homework, literacy projects and field trips designed to incite creativity, communication skills, self-esteem and accomplishment. The facility is located in the poverty-stricken Downtown Vancouver Eastside, cited as the poorest school catchment in Canada, according to Statistics Canada. It is funded by donations and volunteers. Nearly all of the Writers’ Exchange children are from destitute, broken and often abusive homes, where health and socio-economic

For numerous years the nonprofit organization, Planned Parenthood, has been a topic of controversy as people ask whether or not the healthcare organization needs to have its funds revoked. In 2015, a video footage was released to the public of “Planned Parenthood medical officials discussing the sale of fetal tissue to researchers,” and it seemed likely that federal funds would be revoked as backlash from the public was noted (Welch). Although the nonprofit organization does offer the termination of unplanned pregnancies, the organization offers many more services to women and men, such as free birth control and yearly health checkups “backed by medical experts and more than 100 years

There's three things that I know: 1. I want to travel and help others 2. I want a career that allows me to forget about my income and focus on my impact 3. I want to start or greatly contribute to a non-profit organization. Traveling will always be an extremely important aspect of my life. Ironically, I have never been outside the United States, but I know that experiencing other cultures can greatly affect someone's life. For that reason, I hope to be apart of an organization that provides opportunities for the less fortunate to travel. An organization that could bring kids who lack funds from 3rd World countries to 1st World countries, providing them with work or education. Vice versa, 1st World kids leaving their social media behind to traveling

A not for profit company, the Bridge, and its affiliate provides assistances for individuals or families that suffer from mental health, emotional, social problems or homelessness. The organization is exempt from Federal income taxes and state income taxes because it was formed under the Code of charitable purpose. Its sources of revenue are focus on collecting rent, donations, and funds from the Commonwealth of MA and the Federal Government. Furthermore, the organization operates an effective financial portfolio to balance market risks, in order to grow safely.

In my junior year of high school, I took a class called “Bigger Than You”, which allowed us students to create a non profit organization. The group I was part of founded and ran a non profit organization to provide relief to leprosy victims and orphans in India. We named our organization, “Touch the Untouchables” to symbolize the status of leprosy victims throughout the third world. They are not viewed as people at all, they are largely shunned by their communities. Leprosy victims are a forgotten people, so we took advantage of our great opportunity to provide some much needed aid to them. It was a sobering experience. Connecting myself to the lives of the impoverished lifted the veil shrouding my middle class existence from the adversity

In conclusion, it is no surprise that the Doctors Without Borders organization is one of the world’s leading relief organizations for devastated and needy people. Started in France in 1971, it has grown to an international entity that reaches all corners of the earth. It is the ability of this organization to work simultaneously at the international, intermediate, and local levels, as a result of globalization, uneven geographies and neoliberalism that make MSF such an effective disaster relief aid. Famine, epidemics, malnutrition, death and the other numerous problems around the world can be tackled on multiple levels and dealt with by organizations like Doctors Without Borders, because of globalization and the integration of the various scales

PeaceTree is an international non-profit organization that advocates for protecting the natural environment (Laurate Education, 2013). This medium-sized organization is located on the second floor of the building in the downtown neighborhood. The company’s budget is approximately $2 million. Regarding the cost-benefit analysis approach, it appears to be heavily emphasized in the PeaceTree’s budget. The benefits of PeaceTree should be identified as absolutely apparent over the past few years. In respect to environmental concerns, it becomes evident that the extending environmental impact upon businesses and neighbors is a real challenge. This is especially true in Delaware where where commercial businesses have