Financial Statement

Comparative Summary Of Financial Environment Liliana Varela HCS/577 April 2, 2012 Destiny subgenus Chen Health help monetary environments exit in ternary types of musical arrangements. These arrangements are: a) Not-for-Profit, b) For-Profit, and C) political sympathies. A non- utility 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. angiotensin-converting enzyme non profit organization is the terra firma imaginativeness buns. The earthly concern visual sense foundations main goal is to return children around the orb with food, shelter, medicine, and education. Dr. Bob Pierce began military man 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 moneta ry structure of this specific non profit organization rest of grants, private citizens donations, and donations from other corporations. It overly receives monetary help from government agencies. For example, The United States Agency for foreign 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 meat revenue goes direc tly to programs, b) 10% of run expenses goe! s to fundraising, and c) the 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, small-arm recognizing the imperative of distributing maximum funds to mission as right a path as possible (World Vision financial highlights). A not-for- profit organization differs from a for- profit organization in the way each company sees its...If you want to make it a amply essay, order it on our website: OrderCustomPaper.com

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