Lee College Financial Statements and Analysis ACC380 Lee College Financial Statements and Analysis Lee College is a private not-for-profit organization. Organizations such as this are not owned or controlled by a government and no individual or group of individuals hold a legally enforceable residual claim to the net assets of the organization. Since the activities of private not-for-profit organizations are commonly financed through voluntary contributions, their financial statements are primarily intended for the use of donors and potential donors. According to its financial statements, Lee College appears to be efficiently utilizing its resources to fulfill its mission, rather than for fund-raising and administration. Lee College’s
The Virginia Housing Development Authority is a $6.6 billion housing finance organization, that holds one of the highest ratings in the nation. VHDA is completely selfsupporting and relies on neither federal nor state funds for its operations. How does VHDA help potential homeowners? VHDA has several mortgage loan programs developed to meet the needs of low- to moderate-income first-time homebuyers. These loans are originated primarily by private lenders.
Household Food Security in the United States in 2010. September 2011). “The supply of basic needs can be restricted by constraints on government services such as corruption, debt and loan conditionality and by the brain drain of the health care system and educational professionals,” (Foodforthepoor.org/ Food for the Poor Inc., 6401 Lyons Road, Coconut Creek, Florida 33073). “Unlike most food pantries that have geographical boundaries on their service area, the Haymarket Regional Food Pantry, due to its strong faith-based nature, will feed anyone who comes in need of food. If you or your family needs food assistance, the Haymarket Regional Food Pantry will help.” (Haymarket Regional Food Pantry/ Haymarket, Virginia 20168).
Over the years they have built over 30 homes for needy families in Leland. The founders of the Leland Habitat for Humanity are James and Mary Beth Baker. This organization is a non -profit and they don’t use government funding. They raise every penny to build homes for families in the city of Leland. People from all over the country have donated money to this organization because just to keep it operating and putting smiles on families faces.
An example of this is the Pre-school Learning Alliance. The Pre-school Learning Alliance is registered as a charity and receives funds from the members but also receives funds from the local government. Voluntary setting are not profit as any money they do make they use on their further activities. Voluntary settings include The Scout Association, Local Play Schemes and swimming clubs. The third type of provision is Private/Independent Sector.
Because these areas mainly fall under governmental provision and regulation they are simply not provided to society as a whole by the private market. Privatizing prisons has once again become acceptable, “the private prison industry, which has grown by 350 percent in the last 15 years (Johnson, 2012)”. There is still much to be debated about the privatization of prisons once again, as the profit margin isn’t in the care or service they provide but rather in the number of inmates they house. Emergency services such as Fire and Police protection are areas that the market fails to give the desired quality of output and desirable price. Both of these services are pretty much wholly government run and controlled.
P9, M5 Statutory public services are created and maintained by the law. They are funded by the government which means they receive their money from the public’s taxes. They have the duty to serve and protect. Non-statutory public services are not created by law. They rely on charitable donations or funding such as lottery funding and are run by volunteers.
Then the insurance will pay their eighty percent of the hundred dollars and the patient is billed for the remaining twenty percent. For IVF and other ART patients there is no insurance involvement so physicians can charge what ever they want for their services and there is nothing that can be said about it. An average cycle of IVF in the United States cost between 10,000 and 15,000 dollars. Also on average the first cycle is generally not successful. This leads to several patients who would normally only transfer a single embryo or at most two to elect transferring more.
MKT401 AAFES is a government owned organization that runs and administers Base Exchanges and Post Exchanges around the world. Their Headquarters is out of Dallas, Tx. AAFES mission is to provide quality merchandise and services at uniformly low prices to active duty military, Guard and Reserve members, military retirees and family members, regardless of where they’re stationed. They also donate 100 percent of earnings back to each customer for quality of life programs and modern places to shop. The types of contributions AAFES provides for each soldier and airman and there families make AAFES a major non-pay benefit to customers.
However, HSBC receives no financial support from any local, national humane or animal welfare organizations. They rely 100% on private donations, special events, adoption fees, and grants to care for the thousands of animals that come through their doors each year.