0
Yes, a not-for-profit society can operate with a budget deficit, although it is generally not ideal. A deficit occurs when expenditures exceed revenues, which might happen due to unexpected expenses, reduced funding, or economic downturns. However, persistent deficits can threaten the organization's sustainability and mission, so it's crucial for not-for-profits to develop strategies to address the shortfall, such as increasing fundraising efforts or cutting costs. Ultimately, while a deficit is permissible, it should be managed carefully to ensure long-term viability.
What else can I help you with?
Was there a balanced budget during the Clinton administration?
Yes. However the federal deficit was not eliminated. http://www.factcheck.org/askfactcheck/during_the_clinton_administration_was_the_federal.html http://www.cato.org/pub_display.php?pub_id=5656 http://www.cato.org/pub_display.php?pub_id=5656
Why did the budget surpluses in 2000 and 2001 give way to a series of budget deficits beginning in 2008 Why did those deficits increase substantially beginning in 2008?
Recent returns to deficits occurred because of the 2001 tax cut, the September 11, 2001 terrorist attacks, the subsequent "war on terror" at home and abroad, the economic downturn of 2001, and the fiscal policy response of extended unemployment benefits and significant reductions in tax rates. Further, in 2008 Congress acted rapidly to pass an economic stimulus package to overcome the great recession occuring from 2007-2009. providing a total of $152 billion including some tax breaks for businesses and and some as $600 dollar checks for taxpayers. The government hoped that this money would be spent and increase the economy;s GDP, but most taxpayers scared of the economy decided to save most of the money. This rose the deficit to -2.9 percent in 2008.
Which pass was opened between India and China for trade?
Nathu la pass
What is the difference between absorption manufacturing cost and total cost with respect to product pricing?
The absorption cost is the portion that has to come out of the profits. You can usually pass on the cost of materials and labor, by adding them into the price of the product, but there is a limit to how much you can charge for the product. Above that limit, you might have to pay taxes, or transportation costs that cannot be added to the price of the product, and therefore, must be absorbed, lowering the profit.
Effects of Government Role in Business?
Government pass Laws for the public good, Business is profit driven. If the US Government had not supported some companies for a short time the economy of the whole world would have collapsed. If the Australian Government had not supported the Banking investment system them the whole banking system would have collapsed. Healthy Businesses pay lots of Taxes to provide the money to support Business in hard times
A fiscal year is the twelve month period used by the government for financial management purpose?
The fiscal year for the federal government starts in October, they are required to vote on the budget deficit. If they are unable to vote to pass the budget, they may shut down. Very few times in history has this happened, although there are some good examples in 2010, and 2011 where they did not pass the budget deficit and were on the verge of actually shutting down.
What was the Production Budget for Hall Pass?
The Production Budget for Hall Pass was $36,000,000.
City councils usally approve the city budget and pass?
city councils usually approve the city budget and pass
How many votes are needed to pass the California budget?
After Googling to find the number of Representatives and finding out that there needs to be a two thirds majority, there will have to be 36 votes to pass the budget. There are 33 democrats and 20 republicans. Brown will have to get 3 Republicans to vote with the Democrats to pass the budget.
How do you pass a drug assessment for drug treatment?
One thing I know about this is that if you have medical insurance that covers treatment, you will not pass an assessment. The very place that gives you your assessment is a business that makes a profit treating you. You do the math... pass = no profit
What is Barack Obama going to do with the deficit?
If all his entitlements pass, including Obamacare, he will increase the deficite dramatically.
Where is the Pass Christian Historical Society in Pass Chris Mississippi located?
The address of the Pass Christian Historical Society is: Po Box 58, Pass Chris, MS 39571-0058
What is the phone number of the Pass Christian Historical Society in Pass Chris Mississippi?
The phone number of the Pass Christian Historical Society is: 228-452-0063.
How is the federal budget determined?
The federal budget is determined after all the agencies submit their requests to the Congress. At that point the Congress submits the budget as a bill and attempts to pass it.
Where is the Pass Christian Lighthouse Society in Pass Christian Mississippi located?
The address of the Pass Christian Lighthouse Society is: 426 E 2Nd St, Pass Christian, MS 39571-4518
Was there a balanced budget during the Clinton administration?
Yes. However the federal deficit was not eliminated. http://www.factcheck.org/askfactcheck/during_the_clinton_administration_was_the_federal.html http://www.cato.org/pub_display.php?pub_id=5656 http://www.cato.org/pub_display.php?pub_id=5656
What or who approves the budget for the nation each year?
We haven't passed a budget in quite sometime. The President our either house of congress can propose a budget and them all three need to pass it.
