Final Project: Analyzing Financial Statements

The disadvantages of line item budgeting, according to Martin (2001) line-item budgets say nothing about how much service a human service agency provides, the cost of that service, the number of outcomes the agency accomplished, or their attendant costs. Another disadvantage is it limits the ability to aka change decisions as the environment and conditions change. For the most part, a line item budget is simple to read. The purpose of Performance budgeting system is to plan, budget and evaluate emphasis in relationships between money budgeted and services and or results expected.The advantages and disadvantages of performance budgeting system are they give information on the amount of services provided by an agency and the program costs, including estimation of the cost per output per unit AT service. I en Lastingness AT performance Educating system are It is not always reliable. In some organization, the performance budget system is depended up other departments input in order to kn ow the output for the agency. If one-department documents are available or inaccurate, it can throw off the entire performance system.The purpose of program budgeting system is it gives insight to the effectiveness of an agency. It also relates outcome to inputs. The major advantages of program budgeting systems are that (a) they provide information on the amount of (client) outcomes achieved by a human service program and the attendant costs, including determination of cost per outcome, and (b) they raise the bevel of debate from service and efficiency concerns to clients and effectiveness concerns. The disadvantages are it is difficult to measure the outcome of performance.With program budgeting systems, the debate is on effectiveness concerns (what happens to clients in terms of outcomes), not on line items or efficiency considerations. Program budgeting systems represent one way of personalizing that most elusive of all human service and social work goals: maintaining a client f ocus, Martin, (2001). Two types of traditional approaches to fund development that are appropriate for the EX. Corporation are Grant writing and undersides. In writing a grant proposal, one has to be precise in the what and why he/she is requesting a grant.In many cases a fundraiser can and will meet the needs of an organizations. Two types of nontraditional approaches to fund development that are appropriate for the EX. Corporation are A Walk-A-Thong fundraiser is one way of raising funds for PH. ; Location – Most colleges will allow walk-a-thong on their campuses as long as the date does not conflict with any other events they may have scheduled. ; Date – Check dates in the community to make sure there are no conflicting dates to hinder the outcome of the walk-a-thong outcome. ; Food & Drinks – although it is a walk-a-thong, people will need food and drinks to keep up their strength.Solicit area grocery stores for fruits and things for sandwiches as well as dr inks, such as water and Juices. ; Print up and pass out boosters. Boosters are sheets of paper that people sign stating their pledge amounts as well as their names. Soliciting funds from local area businesses may be another way to raise funds for PH. ; Organize a team of individuals who are willing to either make phone calls to different businesses in the area, asking for donations or send a am out into the community personally soliciting funds from area businesses.Since most people enjoy dinner, dancing and conversations, one method I would use would be a Pasta Dinner Fundraiser. Steps into making this a success are: ; Choose a Date – Check school calendars, holidays, major town events, and other organizations so there is no conflict with other events that could potentially affect the outcome of dinner. ; Location – Seek out a place that will donate space for the event, such as a church or school. ; Advertise – Sell Tickets in advance. Make posters and post the m in noticeable areas. ;The Food – Solicit food or paper good donations from area groceries, Italian restaurants (sauce), bread stores, and grocery stores. In soliciting for food, products include drinks, such as coffee, soft drinks, creamers, sugar substitutes as well as sugars. ; The Ambiance – Solicit music: search for a DC or a band to play for the event. Solicit area businesses for prizes and sell raffle ticket, Brewer (2011). If calculations are correct, EX. Corporation financial status is in good standing. If they continue on ten path teen are on, Ana malignant tenet annual average organization should continue to provide services for those in need.