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  • Strategies For Non Profit Organization (Npo) and Its Importance To The Society

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    Lysandra D'silva
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    Non-profit organizations (NPOs) are important to society as they use surplus funds to achieve their goals rather than distribute profits. NPOs are often charities, foundations, or service organizations that generate revenue from taxes, fees, charges, dues, grants, donations, and product sales. When operating an NPO, it is important to consider its activities, customers or clients, and legal aspects like registration, economic activity rules, and tax status.

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    Non-profit organizations (NPOs) are important to society as they use surplus funds to achieve their goals rather than distribute profits. NPOs are often charities, foundations, or service organizations that generate revenue from taxes, fees, charges, dues, grants, donations, and product sales. When operating an NPO, it is important to consider its activities, customers or clients, and legal aspects like registration, economic activity rules, and tax status.

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    13 views9 pages

    Strategies For Non Profit Organization (Npo) and Its Importance To The Society

    Uploaded by

    Lysandra D'silva
    Non-profit organizations (NPOs) are important to society as they use surplus funds to achieve their goals rather than distribute profits. NPOs are often charities, foundations, or service organizations that generate revenue from taxes, fees, charges, dues, grants, donations, and product sales. When operating an NPO, it is important to consider its activities, customers or clients, and legal aspects like registration, economic activity rules, and tax status.

    Copyright:

    Attribution Non-Commercial (BY-NC)
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    of 9

    STRATEGIES FOR NON PROFIT ORGANIZATION (NPO) AND ITS IMPORTANCE TO THE SOCIETY

    Members: Lysandr a Indrajith Joyson Nelson

    Presentation By : Group 2

    What is Non Profit Organization

    A non profit organization is an organization that does not issue stock shares or distribute its surplus funds to owners or shareholders, but instead uses the funds to help achieve its goals.

    Most governments and government agencies are described by this definition of NPOs

    Nature and goals

    NPOs are often charities or service organizations or trust Also termed foundations. Foundations give grants to other small NPOs, or fellowships and direct grants to participants.

    Sources of Revenue
    Taxes Fees and Charges Revenue s

    Dues

    Grants
    Product Sales

    donation s

    Types
    Education al
    Foundatio n charitable

    Cause Related

    Religious

    NPO
    Cultural Social Service

    Health Service Associati ons

    Public Sector

    Things to be considered:

    What is our business? What are our activities? Who is the customer? Or who are our clients? What does the customer expect?

    NPOs in India
    In India, NPOs are known commonly as NonGovernmental Organizations (NGOs). They can be registered in four ways: Trust Society Section-25 Company Special Licensing

    Legal aspects

    Economic activity. Supervision and management provisions. Representation. Accountability and Auditing provisions. Provisions for the amendment of the statutes or articles of incorporation. Provisions for the dissolution of the entity. Tax status of corporate and private donors. Tax status of the foundation.

    Methods

    Public relations

    Project management

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