Community Benefit Spending
In at least 1 page, identify how your non-profit organization will spend money helping your community.
Balance Sheet (Norwicki, 2018, pp. 51-54)
Create a hypothetical (realistic) balance sheet for your organization/facility. The balance sheet should cover two years, the current year and the subsequent year. The balance sheet should show a vivid increase in total net assets.
Explain the entries in your balance sheet.
Calculate your Assets for both years.
Statement of Operations (Norwicki, 2018, pp. 54-57)
Create a hypothetical (realistic) statement of operations for your organization/facility. The statement of operations should cover two years, the current year and the subsequent year.
Calculate the Operating Margin and explain your result.
Strategic Planning, Operational Planning, & Budgeting (Norwicki, 2018, pp. 299-326)
Norwikci (2018) outlined a 22-stage Corporate Planning Process (Exhibit 13.1, pp. 299-300). Review the process outlined and identify how your organization/facility has met/will meet the stages outlined in the following sections:
Strategic Planning (Stages 1-8)
Operational Planning (Stages 9-13)
Budgeting (Stages 14-17)
Please read:
Nowicki, M. (2018). Financial analysis and management reporting. In Introduction to the financial management of health organizations (7th ed.) Chicago, IL: Health Administration Press.
An used the attached paper to reference the New Start Treatment Facility.
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