Revenue Origin Matrix

Non-Profit Organization Revenue Origin Matrix

Introduction

As we know that there are three type of resources i.e. monetary, in-kind and labor. Contrasting profit firms which reply mainly on the profit generated and similarly public agencies that reply on taxations, but many of the non-profit firms are funded through a mixture of revenue streams. In this research, we will see how non-profit firms acquire and utilize numerous sources of revenues; in short, the research would be on Non-Profit Organization Revenue Origin Matrix.

Discussion

Overview of the Company - The Beautiful Day Foundation

Beautiful Day Foundation is a Non-Profit Organization that is devoted in raising awareness and offering education related to breast cancer to young women through the world. The aim of this Non-For-Profit Organization is to offer and carter young women that are suffering from cancer. They provide them information which assists in increasing their strength and courage in fighting with this disease (The Beautiful Day Foundation website).

Sector of the company

Beautiful Day Foundation belongs to medical nonprofit sectors particularly Health Services that offers education, diagnosis and treatment along with different programs that offer cancer educations.

The Beautiful Day Foundation purpose

The purpose of Beautiful Day Foundation is to offer programs and services that help young women to overcome their disease. This organization was set up with the view to create a venture that will provide programs in general for cancer education and dept research for the proper cure. The surplus money is further invested for disease education (The Beautiful Day Foundation website).

How has the way in which nonprofit organizations acquire funding changed over recent years? What

Government Grants

The advantage of Government grants is that this amount is not pay back to the government and hence due to this it is known as Debt-Free Government Financing. Beside this, once a company received a grant from government, it become easier for them to get money from other nations and government as well. This offer immediate creditability and are prestigious to company. The limitation of these grants is that government need each recipients of the fund used. They ensure that their money has been used in productive manner. Bureaucratic Process is another limitation which becomes a challenge for nonprofit company.

Foundation Grants

The benefit of Foundation Grants is that they reduce taxable income. Beside this, other advantage is control, many foundation grants does not stress the control on the money they have given. This money is usually given ...