Can someone please provide some assistance with a question. Its for an MBA course. It needs to be between 350 and 400 words or so. Write a definition of financial health for a specific nonprofit organization of your choice. Explain what a healthy financial condition would look like and how the organization could go about achieving it. Include two pie charts showing a "before and after" sequence. Thank you so much in advance for all your help!© BrainMass Inc. brainmass.com June 4, 2020, 5:18 am ad1c9bdddf
The company I would choose has a large debt payment due each year and its cash flows, while income seems healthy, does not generate consistent year end totals. There are questions about the overall expenses and how they can be reduced. For this company I would recommend the following:
First, find new revenues of money. There are current avenues that do bring in funding, but there is too much dependence on classes and workshops. There seems to be so much dependence that fundraising and other avenues are not used to their potential. This means that more emphasis should be on fundraising and the sponsorship programs. ...
Ways to improve the financial health of a nonprofit organization, with revenue pie charts included.