Not For Profit

Non-Profit vs. Not-for-Profit - What's the Difference?

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Duration: 9:07
Updated: 02 Jan 2013
views: 4483

People say "non-profit" all the time to discuss their favorite charity. But we also see the term "not-for-profit" being used. What's the difference, and why are there these two terms? In this episode, ChiuGroup Executive Managing Partner Hewett Chiu discusses the differences between the two terms, while offering some insights into the structure and theory behind not-for-profits and comparing them to for-profit corporations.

wn.com/Non Profit Vs. Not For Profit What's The Difference

Starting a For-profit vs. Non-profit Business

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Duration: 4:26
Updated: 26 Apr 2013
views: 8163

www.soulpurposecompany.com Visit the website and join the conversation. We want to hear what kind of business structure works for you and why. Do you believe you can still have an impact as a for-profit business? This video shares the key differences between deciding to start a non-profit or for-profit company. We believe it's possible to make money and change the world. Watch the video to learn how.

wn.com/Starting A For Profit Vs. Non Profit Business

Modern nonprofit board governance -- passion is not enough! | Chris Grundner | TEDxWilmington

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Duration: 13:41
Updated: 08 Sep 2014
views: 16060

This talk was given at a local TEDx event, produced independently of the TED Conferences. Chris Grundner is the president and CEO of the Delaware Alliance for Nonprofit Advancement. Since his arrival in February 2012, he has enabled the organization to nearly double its membership and significantly expand its reach. Grundner, originally from Buffalo, NY, received his Bachelors in Business Administration from the State University of New York at Fredonia. He earned his MBA from Southern Methodist University in Dallas, Texas. In 1999, Grundner moved to Wilmington to join the co-brand credit card division of First USA Bank as the Director of Business Development. Due to his significant achievements, Grundner became one of the organization’s youngest Senior Vice Presidents in early 2002. However, later that same year, his wife, Kelly, was diagnosed with a malignant brain tumor at the age of 29. Grundner left his job at JPMorgan Chase in 2004 after her passing and started The Kelly Heinz-Grundner Brain Tumor Foundation in 2005 with the goal of bringing national attention to the disease. Through the foundation, Grundner has launched two brain tumor awareness initiatives – GET YOUR HEAD IN THE GAME® and Tulips Against Tumors™ – both of which became national programs when the organization merged with the National Brain Tumor Society (NBTS) in March 2010. About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

wn.com/Modern Nonprofit Board Governance Passion Is Not Enough | Chris Grundner | Tedxwilmington

What is a non profit organization

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Duration: 5:34
Updated: 30 Jan 2014
views: 29491

For more business help like this video try my business apps, books and online courses: http://www.problemio.com Take my full online course on how to start a business: https://www.udemy.com/how-to-start-a-business-go-from-business-idea-to-a-business/?couponCode=y If you are wondering what is a nonprofit, you might find my business idea book quite useful. It takes you from business ideas to starting a business. Here is the business starting book. http://www.amazon.com/Business-Start-up-Ideas-Comprehensive-entrepreneurs/dp/1495261840 Here is the iOS app that can help you write a small business plan for your nonprofit: https://itunes.apple.com/us/app/business-plan-and-coach/id554845193 And here is the Android app to help you write a business plan, and start your nonprofit: https://play.google.com/store/apps/details?id=business.premium In this video I explain what is a nonprofit. A non profit organization differs from a for profit business in a few key ways. First and foremost, a nonprofit organization must exist to help improve some cause. Examples of such causes can be to help a community, homelessness, nature, human rights, animal rights, or a number of other causes. The other thing that makes an nonprofit organization is the tax expemption they get from the IRS. Additionally, there are some restrictions about how a nonprofit must distribute its profit. If you are still wondering what is a nonprofit, feel welcome to comment in the comments section of this video, and discuss it there. And if you still wonder what is a nonprofit after discussing it in the comments, you can hire me as a business coach, and I'll help you in a one on one session. http://glowingstart.com/hire-business-coach-mentor-advisor/ And if you need to create a website for your nonprofit, here is a tutorial for how to create a basic website on your own: http://www.problemio.com/website.html what is a nonprofit what is a non profit what is a nonprofit organization Book on going from business ideas to starting a business: https://www.youtube.com/watch?v=XtmJEeZmiig What is a business model: https://www.youtube.com/watch?v=dsUz6lfXCkE Video of step by step process on how to start a business: https://www.youtube.com/watch?v=goGyLtvKNeA What is a business plan https://www.youtube.com/watch?v=T63QsuNIwZA Course on how to start a business: https://www.youtube.com/watch?v=kgyLxrhgdAk What is a non compete agreement: https://www.youtube.com/watch?v=ljIAdWeoOqA What is the difference between LLC and S Corp https://www.youtube.com/watch?v=S0IeyPyMWGw What is an EIN number: https://www.youtube.com/watch?v=eTwtTugsIJE Doing business as self: https://www.youtube.com/watch?v=R91f60Klgzw Difference between patent, copyright and trademark https://www.youtube.com/watch?v=Vov9JeX-WF8 How to protect business ideas with NDA https://www.youtube.com/watch?v=3LQtO7q8xug How to protect intellectual property: https://www.youtube.com/watch?v=L7VCeqlNT3c Registering your business with the secretary of state office: https://www.youtube.com/watch?v=Ofh07k-mD64 How to find what licenses and permits are needed to open a business: https://www.youtube.com/watch?v=-6Lkeuqx-v8 What is double taxation and how to avoid it: https://www.youtube.com/watch?v=bl6o6LMtYyY Comparison of small business accounting software like Quickbooks https://www.youtube.com/watch?v=NZfWvrefuhE How to incorporate a new business: https://www.youtube.com/watch?v=qbb6SM1XNMo Difference between a nonprofit and a for profit: https://www.youtube.com/watch?v=fhv54GvoBZI What are website terms of service, and what they should say: https://www.youtube.com/watch?v=Q0gqSRNBBqM Should I get business liability insurance: https://www.youtube.com/watch?v=T91YJ90i2yM Can you represent yourself in court? https://www.youtube.com/watch?v=axZiyEdz5o4 What is a cease and desist letter? https://www.youtube.com/watch?v=jU80o5inidE What is a corporation? https://www.youtube.com/watch?v=Dux4PSWZNqc

wn.com/What Is A Non Profit Organization

ACCOUNTS OF NOT FOR PROFIT CONCERNS CHAPTER: 2, STANDARD: 12th

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Duration: 91:38
Updated: 20 Apr 2015
views: 2560

Dear students... Learn Account in a easy way... learn and score. This video shows an innovative method of solving sums of Accountancy. The sum is of ACCOUNTS OF NOT FOR PROFIT CONCERNS CHAPTER: 2,STANDARD: 12thTextbook of Maharashtra State board. CWT EDUCATIONAL CHANNEL for nursrey to 12 std man behind B.ALAM PATHAN must watch and please "LIKE" and "SUBSCRIBE" and thanks for watching non profit organisation accounting not for profit accounting not for profit organisation accounting not for profit organisations

wn.com/Accounts Of Not For Profit Concerns Chapter 2, Standard 12Th

Not For Profit Accounting (Understanding Reclassification Of Temporary Restricted Assets, Etc.)

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Duration: 22:17
Updated: 08 Nov 2013
views: 3182

Not For Profit Accounting & understanding reclassification of Temporary Restricted Assets, To transfer from a Temporary Restricted to Unrestricted use an Acct . "Net Assets Released From Restrictions" thru "Reclassification-Out" to "Reclassification-In", NARFR is not Just one acct., these accts are in all Net Assets or Funds, NARFR Accts. Always "Zero Out" No Impact On Financial Statements (Bottom Line), Increases One Net Asset & Decreases Another,"Zero Out" but Reclassification Matches Operating Expense on F/S, Releasing of Donor-Imposed Restrictions (reclassification) Simultaneously decreases temporary restricted net assets & increases unrestricted net assets in order to match the Expense they support (operating expenses, depreciation, Etc. which decreases net assets), detailed accounting by Allen Mursau

wn.com/Not For Profit Accounting (Understanding Reclassification Of Temporary Restricted Assets, Etc.)

Government & Non-Profit Accounting: Accounting for Not-For-Profit Organizations

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Duration: 59:33
Updated: 23 May 2013
views: 1894

Government & Non-Profit Accounting: Accounting for Not-For-Profit Organizations (Chapter 13) May 1st, 2013 by Professor Irfan Bora This video begins with the Professor explaining, as well as distinguishing, not-for-profit (NFP) organizations from entities in the governmental and commercial sectors of the U.S. economy. Next, the authoritative standards-setting body for establishing GAAP for nongovernmental NFP's is identified and discussed. Following this, the proper financial reporting for NFPs is discussed, including the required financial statements, the classification of net assets, the accounting for revenues [and related items such as gains and support], accounting for expenses, and accounting for assets are covered. The accounting for NFP combinations and consolidations is discussed, as well as the preparation of financial statements in accordance with GAAP-governing NFP organizations. Lastly, optional fund accounting is explained. ------QUICK NAVIGATION------ Introduction / Easing into the Lecture's Topics until 3:17 Overview of Lecture's Learning Objectives 3:18 Not-For-Profit Sector (defined) 4:15 How Does a Non-governmental NFP Differ from a Business Entity? 6:22 How Does a Non-Governmental NFP Differ from a Governmental Entity? 7:31 GAAP for Non-Governmental NFP's 8:05 Financial Statements for NFP's 8:24 Statement of Financial Position 8:53 Illustration of Consolidated Statement of Activities 12:29 Illustration of Consolidated Balance Sheet 13:34 Statement of Activities 14:10 Statement of Cash Flows 18:14 Illustration of Statement of Functional Expenses 19:17 Revenues 21:18 Support 22:31 Support Increases 25:27 Pledges / Promises to Give 26:00 Recording Pledges (with JE's) 26:38 Donated Materials 29:54 Contributed Services 30:25 Donated Services Example (True & False) 33:10 Recording Contributed Services 36:14 Special Events 36:30 Contributions Involving an Intermediary 39:03 Expenses 41:28 Joint Costs with a Fund Raising Appeal 43:02 Investments 45:47 Collection Items 46:38 Consolidations & Combinations 50:38 Optional Fund Accounting 51:10 Concluding Comments / Summary 53:08

wn.com/Government Non Profit Accounting Accounting For Not For Profit Organizations

Non-Profit Organization - Should you start a non-profit?

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Duration: 4:18
Updated: 18 Jul 2014
views: 11668

http://www.evancarmichael.com/support/ - SUPPORT ME :) Like this video? Please give it a thumbs up below and/or leave a comment - Thank you!!! Help me caption & translate this video! http://www.amara.org/en/profiles/videos/Evan%20Carmichael/ Nathan: "Would your opinion about starting a non profit change if you were able to secure grant money from the government?"

wn.com/Non Profit Organization Should You Start A Non Profit

Financial Statements of Not-for-Profit Organisations Lecture 1

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Duration: 38:33
Updated: 02 Nov 2014
views: 6522

Description

wn.com/Financial Statements Of Not For Profit Organisations Lecture 1

Governmental & Not-For Profit Accounting: Professor Bora- Lecture # 1 03-03-14

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Duration: 152:14
Updated: 07 Mar 2014
views: 30478

Lecture #1 CHAPTER 1 Three Major Categories of State or Local Government CHAPTER 2 Financial Reporting For State and Local Governments Introduction 0:00 Learning Objectives 7:21 Describing Governmental Accounting Practices 12:12 Governmental Organizations 15:00 Not for Profit Organizations 18:40 Financial Reporting Standards 24:17 Objectives of Financial Reporting 32:42 Government-wide Financial Statements 44:44 Fund Financial Statements 49:00 CAFR - Introductory Section 106:30 Review QUIZ 120:00 Chap 2 - Financial Reporting For State and Local Governments 03-03-14 Measurement Focus 129:00 Basis of Accounting 131:10 Required Financial Statements 135:00 Governmental Funds 207:00 After giving a brief overview of the learning objectives of the chapter, the measurement focus is outlined (including the difference between operational and fiscal accountability). The modified accrual basis of accounting and accrual basis of accounting are also compared and contrasted. Following that, the primary activities of the government are discussed as well as the two basic sets of financial statements involved (government-wide and fund financial statements). Funds are also defined, as well as the different categories of funds (governmental funds, proprietary funds, and fiduciary funds) - however, governmental funds are focused on the most during this lecture. Lastly, the dual effect of capital and related transactions is explained (including in-depth journal entries). NOTE: Throughout the lecture, the Professor displays financial statements and diagrams to facilitate learning. To properly view them, it is recommended to switch to full screen mode and use HD quality (1080p). Please Subscribe to our channel to get the latest updates on the RU digital library.

wn.com/Governmental Not For Profit Accounting Professor Bora Lecture 1 03 03 14

Governmental & Not-For Profit Accounting: Professor Bora- Lecture # 2 03-10-14

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Duration: 129:39
Updated: 02 Apr 2014
views: 7847

Lecture # 2 Chapter 3 - Government Operating Statement. Budgetary Accounting. Chapter 4 - Illustrative Transactions and Financial Statements. 03-10-14 Please Visit our Website at http://raw.rutgers.edu Intro Government Operating Statement. Budgetary Accounting 1:00 Government Wide Statement of Activities 6:20 The General Fund 14:50 Budgetary Fund 19:45 Operating Statement Account 22:35 Budgetary Control - Revenues 29:30 Classification of Revenues 30:30 Taxes 32:00 Property Taxes 35:45 Special Assessment 39:10 License and Permits 40:00 Intergovernmental 41:25 Miscellaneous 44:12 Budgetary Control 46:00 Classification of Expenditures 50:00 Concluding Comments Chapter-3 1:04:00 Chapter-4 Illustrative Transactions and Financial Statements 1:05:00 Governmental Funds 1:08:00 Encumbrance Accounting 1:14:00 Accounting for Expenditures 1:15:20 Accounting for Property Tax Revenue 1:27:30 TANs 1:41:30 Accounting for Inventories 1:50:00 SRF 1:58:00 Internal Exchange Transactions 2:01:00 Interfund Activity 2:03:55 Classes of Nonexchange transactions 2:08:00 Summery of the Lecture: After a brief overview of the topics to be discussed in the lecture, the government-wide statement of activities is covered in-depth. General funds are also defined, and several examples are given as well. The Professor then moves on to explain budgetary accounts (including estimated revenues, encumbrances, and appropriations) and operating statement accounts and gives examples of both to further establish the concepts. Afterwards, the concept of budgetary control is discussed and further fleshed out by a table (which gives a visual comparison of balance sheet, budgetary, and operating statement accounts). Lastly, the classification of revenues (and estimated revenues) by fund and by source is discussed (including revenues from taxes, permits, licenses, and services). Please subscribe to our channel to get the latest updates on the RU digital Library.

wn.com/Governmental Not For Profit Accounting Professor Bora Lecture 2 03 10 14

Governmental & Not-For Profit Accounting: Professor Bora- Lecture # 3 03-17-14

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Duration: 140:40
Updated: 11 Apr 2014
views: 5929

Lecture # 3 Chapter 5 - Accounting for General Capital Assets and Capital Projects Chapter 6 - Accounting for General Long-Term Liabilities and Debt Services 03-10-17 Chap 5 After a brief overview of the learning objectives to be covered in this chapter, an in-depth explanation of general capital assets is given, including how they are classified, financed, acquired, and journalized. Several exercises pertaining to the topic are reviewed as well. What are General Capital Assets 3:20 Classification of General Capital Assets 4:45 Financial Sources For General Capital Assets 7:50 Assigning Cost 11:50 Accounting for general Capital Assets 15:45 The Modified Approach for Infrastructure Assets 17:50 Accounting for Acquisition 23:50 Accounting For Capital Leases 25:15 Required Capital Asset Disclosure 36:50 Cost Incurred After Acquisition 45:21 Accounting For the Disposition of General Capital Assets 11:02 Asset Impairments 47:15 Measurement of Asset Impairment 49:37 Reporting of Asset Impairments 53:45 Capital Project Funds 56:20 Illustrative Transaction for Capital Project Funds 57:54 General Capital Assets - Required Financial Statements 1:12:56 Special Topics 1:16:45 Chapter 6 1:23:45 The main focus of this lecture is liabilities (or more specifically, long term liabilities). After giving brief examples, the Professor goes over more in-depth exercises for several types of long term liabilities (such as debt, several types of bonds, and funds). Learning objectives 1:24:03 What are general Long-term Liabilities 1:24:57 Examples of General Long-Term Liabilities 1:26:29 Pollution remediation Obligation 1:31:30 Terms Used in Describing Debt Burden 1:35:37 Debt Burden 1:38:30 Debt Burden Measures 1:40:15 Debt Service Funds 1:45:20 Types of Tax-supported Bonds 1:49:00 Financial Statements/Schedules 1:56:00 Debt Service Fund Example 2:00:17 Illustrative Transactions 2:03:00 Special Assessment Debt Service Funds 2:08:48 Debt Refunding Transactions 2:15:12 Advance Refunding 2:19:00 Please Visit our Website at http://raw.rutgers.edu Please subscribe to our channel to get the latest updates on the RU digital Library.

wn.com/Governmental Not For Profit Accounting Professor Bora Lecture 3 03 17 14

TEDx Youth@Brissie Donnie Maclurcan Towards a not-for profit world

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Duration: 11:03
Updated: 22 Feb 2011
views: 2704

About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized. (Subject to certain rules and regulations.) About TED TED is a nonprofit organization devoted to Ideas Worth Spreading. Started as a four-day conference in California 25 years ago, TED has grown to support those world-changing ideas with multiple initiatives. The annual TED Conference invites the world's leading thinkers and doers to speak for 18 minutes. Their talks are then made available, free, at TED.com. TED speakers have included Bill Gates, Al Gore, Jane Goodall, Elizabeth Gilbert, Sir Richard Branson, Nandan Nilekani, Philippe Starck, Ngozi Okonjo-Iweala, Isabel Allende and UK Prime Minister Gordon Brown. The annual TED Conference takes place in Long Beach, California, with simulcast in Palm Springs; TEDGlobal is held each year in Oxford, UK. TED's media initiatives include TED.com, where new TEDTalks are posted daily, and the Open Translation Project, which provides subtitles and interactive transcripts as well as the ability for any TEDTalk to be translated by volunteers worldwide. TED has established the annual TED Prize, where exceptional individuals with a wish to change the world are given the opportunity to put their wishes into action; TEDx, which offers individuals or groups a way to organize local, independent TED-like events around the world; and the TEDFellows program, helping world-changing innovators from around the globe to become part of the TED community and, with its help, amplify the impact of their remarkable projects and activities. Follow TED on Twitter at twitter.com/TEDTalks, or on Facebook at facebook.com/TED. TED2011, "The Rediscovery of Wonder," will be held February 28-March 4, 2011, in Long Beach, California, with the TEDActive simulcast in Palm Springs, Californi

wn.com/Tedx Youth Brissie Donnie Maclurcan Towards A Not For Profit World

The 5 Secrets to Starting a Nonprofit Corporation or Foundation.

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Duration: 74:25
Updated: 16 Oct 2014
views: 24041

Nonprofit Expert Mark Del Guercio,EA discusses the secrets to starting a nonprofit corporation or foundation, and how to successfully complete the confusing and complicated IRS paperwork. Also covered are the recent changes to the application process and much more! Mark is an IRS licensed Enrolled Agent (EA), and nonprofit expert who has successfully completed over nonprofit 1000 applications!

wn.com/The 5 Secrets To Starting A Nonprofit Corporation Or Foundation.

Not For Profit Accounting (Hospitals, Health Care Organizations, Different Funds, Income, Etc.)

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Duration: 26:18
Updated: 14 Nov 2013
views: 9035

Accounting For Providers of Health Care Services (Hospitals, Etc.), Governmental & Private, Heath Care (Hospitals) fall into three categories:,1-Investor (Privately) Owned, operate for a profit, 2-Governmental Heath Care (Public), Veteran's Hospital, 3-Voluntary Not-For-Profit including Religious Affiliated Accounting & Reporting Varies (GAAP Vs GASB), (In general Health Care Entities use Fund Accounting), Not-For-Profit Health Care Entities Funds are structured around the Rule for (Restricted $), if Restricted Funding $ is received do not recognize Revenue & Expense until after $ are spent for the intended purpose, Health Care Services-What Are The Funds ??, the different funds are explained, Health Care Services (Hospitals ) Internal Accounting would be similar to other Fund Acctg. (Not-For-Profit Org's., Ect.), How would the (Hospital) Income be Determined ??, detailed accounting by Allen Mursau

wn.com/Not For Profit Accounting (Hospitals, Health Care Organizations, Different Funds, Income, Etc.)

Nonprofit Marketing and Fundraising Trends to Watch in 2015

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Duration: 13:41
Updated: 07 Jan 2015
views: 10310

2015 nonprofit marketing and fundraising trends you can't ignore. A short presentation for my weekly mini-webinars (The Hump Day Coffee Break). Learn more and sign up here: http://www.johnhaydon.com/subscribe/

wn.com/Nonprofit Marketing And Fundraising Trends To Watch In 2015

Not For Profit - Harold Hunter Foundation

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Duration: 4:14
Updated: 21 Oct 2015
views: 21505

You get what you give in life. It's easy to take, take, take like a leech, but it takes a special type of person to give back to their community and promote positive change. Not For Profit recognizes those who dedicate their lives to making the world a BETTER place—not a more profitable one. The Harold Hunter Foundation was formed in 2007 in honor of Harold’s memory. It is a skateboard community-based organization that provides inner-city youth with valuable life experiences, despite life’s challenges. More info at haroldhunter.org Subscribe to The Berrics - http://bit.ly/TheBerricsYoutube Daily Videos and more: http://theberrics.com Like The Berrics on Facebook: http://fb.com/berrics Follow The Berrics on Instagram: http://instagram.com/berrics Follow The Berrics on Twitter: http://twitter.com/berrics Follow The Berrics on Snapchat: @TheBerrics

wn.com/Not For Profit Harold Hunter Foundation

Overview: Starting a Nonprofit Organization in 5 Easy Steps

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Duration: 5:41
Updated: 23 Dec 2011
views: 42723

(Access the entire training series at: http://getnonprofitstatus.com/training-videos/ now! OR: Want it all done for you? Start a 501c3 for as low as $67 per month (1 year contract) - go to https://heroes.do/form-and-file-1023/ now. You'll get incorporated, get your Tax ID #, and get IRS approved using software backed by real people. In this video training on how to start a 501c3 non-profit organization at http://www.youtube.com/watch?v=K6vPwyZnCWg, Christian LeFer gives an overview of "Starting a Nonprofit Organization in 5 Easy Steps". Please "Like" this video and leave a comment!) www.facebook.com/heroesdo www.twitter.com/heroesdo

wn.com/Overview Starting A Nonprofit Organization In 5 Easy Steps

Why is Ikea a Non-profit?

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Duration: 2:01
Updated: 03 Jun 2013
views: 23042

View full post: http://www.onlinemba.com/blog/video-why-is-ikea-a-non-profit IKEA has a little known secret: the company is a non-profit. Ingvar Kamprad the founder of IKEA created the philanthropic Stichting Ingka Foundation whose mission is to "further the advancement of interior design." Watch the video and learn how Ikea uses its unique business model and nonprofit status to exploit tax loopholes for the benefit of its founding family. Like us on Facebook: http://www.facebook.com/OnlineMBAcom Follow us on Twitter: http://twitter.com/OnlineMBA_com

wn.com/Why Is Ikea A Non Profit

Why is the NFL a Non-Profit?

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Duration: 3:38
Updated: 29 Sep 2014
views: 53818

With an estimated annual revenue of $9.5 billion dollars, it's hard to believe the NFL is legally exempt from paying government taxes. How can an organization with these kinds of numbers fairly qualify as a nonprofit? TestTube takes a look at how how they're managing to get away with this. Learn More: Renewed Spotlight on Why the National Football League Is a Nonprofit Group http://abcnews.go.com/Business/renewed-spotlight-nfl-nonprofit-tax-status/story?id=25535798 "Attention over the National Football League's domestic abuse policy and the league's leadership has drawn renewed scrutiny of a fact that may surprise many people: the NFL is a nonprofit group." The Real Super Bowl Question: Should The NFL Be A Nonprofit? http://www.forbes.com/sites/tomwatson/2014/01/30/the-real-super-bowl-question-should-the-nfl-be-a-nonprofit/ "The National Football League takes in more than $9.5 billion per year and is exempt from Federal taxes. As a nonprofit, it earns more than the Y, the Red Cross, Goodwill, the Salvation Army or Catholic Charities - yet it stands as one of the greatest profit-generating commercial advertising, entertainment and media enterprises ever created." Why Congress will never take back the NFL's tax break http://www.washingtonpost.com/news/morning-mix/wp/2014/09/15/why-congress-will-never-take-back-the-nfls-huge-tax-break/ "Perhaps the most famous tax break in America is the one bestowed by Congress on the NFL. It's famous for its seeming illogic - the NFL, hugely profitable, being called a "nonprofit."" Tax-exempt? The NFL's nonprofit status by the numbers http://www.cnbc.com/id/101996109#. "The National Football League is embroiled in drama over the Ray Rice domestic violence scandal, with some voices calling for Commissioner Roger Goodell to be fired. The controversy overall has stirred curiosity about how the NFL is run, and how it makes money." Should the NFL Lose Its Tax-Exempt Status? http://www.motherjones.com/mojo/2013/12/nfl-tax-exempt-status-rootstrikers-roger-goodell "Times are good for the National Football League. Viewership is up. For the 47th year in a row, Harris Interactive named pro football the most popular sport in America. And with overall revenues north of $9 billion, the NFL is the most lucrative sports league on the planet." Examining NFL's tax-exempt status http://espn.go.com/nfl/story/_/id/9342479/examining-nfl-tax-exempt-status-challenged-us-senator-tom-coburn "Sen. Tom Coburn has proposed an amendment to the Marketplace Fairness Act that would end the NFL's exemption from taxation. That's right -- the $10 billion-a-year NFL is a tax-exempt organization, as is the NHL and the PGA Tour." The NFL Is Not a Nonprofit http://www.slate.com/articles/business/moneybox/2014/09/the_nfl_should_lose_its_tax_exempt_status_the_league_is_not_a_nonprofit.html "The National Football League generates about $9.5 billion in revenue each year. It is, by Forbes' estimate, the most valuable sports league in the world. Its commissioner, Roger Goodell, makes $44 million in a year. And yet, the NFL's head office has long been allowed to operate as a tax-exempt nonprofit-as if its sole purpose for existence wasn't to extract wads of cash from the wallets of American sports fans." The NY Times Revisits NFL Nonprofitness as Football Season Begins https://nonprofitquarterly.org/policysocial-context/24781-the-ny-times-revisits-nfl-nonprofitness-as-football-season-begins.html "As our readers know by now, the NFL is a nonprofit organization under section 501(c)(6) of the revenue codes. This is the classification set aside for trade associations-groups that are in business to promote and create a positive business environment for their particular trade. And there are a lot of them." Watch More: DNews: Just how common is domestic violence? https://www.youtube.com/watch?v=uNbG3FIGk_w&list;=UUzWQYUVCpZqtN93H8RR44Qw Subscribe Now! http://www.youtube.com/subscription_center?add_user=testtubenetwork _________________________ TestTube's new daily show is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in. Watch more TestTube: http://testtube.com/testtubedailyshow/ Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork TestTube on Twitter https://twitter.com/TestTube Tara Long on Twitter https://twitter.com/TaraLongest Trace Dominguez on Twitter https://twitter.com/TraceDominguez TestTube on Facebook https://facebook.com/testtubenetwork TestTube on Google+ http://gplus.to/TestTube Download the New TestTube iOS app! http://testu.be/1ndmmMq

wn.com/Why Is The Nfl A Non Profit

Introduction - Government And Not-For-Profit Accounting

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Duration: 2:35
Updated: 27 Jan 2015
views: 1006

A key objective of ﬁnancial reporting is to provide information about an entity’s ﬁnancial performance during a speciﬁed period. Financial accounting and reporting, however, are concerned almost exclusively with the goal of maximizing either proﬁts or some variant of it, such as cash ﬂows. The ﬁnancial reports of governments and not—for—proﬁts can provide information about an organization’s inﬂows (revenues) and outﬂows (expenditures) of cash and other resources. If the ﬁnancial statements of a government or not-for—proﬁt incorporate only monetary measures, such as dollars and cents, they cannot possibly provide the information necessary to assess the organization’s performance. Governments and not—for-proﬁts are governed mainly by their budgets, not by the marketplace. In sum, expenditures drive revenues. A government or not—for—proﬁt’s release of its annual report is customarily ignored by both organizational insiders and outsiders. For governments and not-for—proﬁts, the budget takes center stage— properly so, because the budget is the culmination of the political process. Because it is so important, the budget, unlike the annual report, is a source of constituent concern and controversy. Constituents of an organization want information on the extent of adherence to the budget. They want to know whether revenue and expenditure estimates were reliable. The accounting system and the resultant ﬁnancial reports must be designed to provide that information. Currently, few governments and not—for-proﬁts have established budgetary and accounting systems to measure and report adequately on the nonmonetary aspects of their performance. Government Accounting. Understand the characteristics that distinguish governments and not-for-profit organizations from businesses (for-profit entities). Identify the features that distinguish governments from not- for-profits. Identify authoritative bodies responsible for setting GAAP and financial reporting standards for different governmental and not-for-profit entities. Governments and not—for—proﬁt organizations have much in common with businesses. However, the differences between the two environments are sufﬁciently pronounced that business schools have established a separate course in governmental and not— for—proﬁt accounting apart from the usual accounting courses—ﬁnancial accounting, managerial accounting, auditing, and information systems. Michelle Obama Elena of Avalor CPA Review

wn.com/Introduction Government And Not For Profit Accounting

Not for Profit Organisation- Part 1

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Duration: 4:44
Updated: 10 Jul 2012
views: 2897

This animation introduces the learner to the characteristics of not-for-profit organisations and about maintaining their accounting records. This is a product of Mexus Education Pvt. Ltd., an education innovations company based in Mumbai, India. http://www.mexuseducation.com, http://www.ikenstore.in

wn.com/Not For Profit Organisation Part 1

Lecture Martha Nussbaum: Not for Profit. Why Democracy Needs the Humanities (audio recordings)

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Duration: 61:25
Updated: 12 Jul 2013
views: 5675

Lecture Martha Nussbaum: Not for Profit. Why Democracy Needs the Humanities | Thursday June 25, 2013, 20.00 - 22.00 hrs., Collegezalencomplex Radboud University Nijmegen | Organised by the Soeterbeeck Programme

wn.com/Lecture Martha Nussbaum Not For Profit. Why Democracy Needs The Humanities (Audio Recordings)