answersLogoWhite

0


Best Answer

It is an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals.[2] Examples of NPOs include charities (i.e., charitable organizations)

In India, NPOs are commonly known as Non-Governmental Organizations (NGOs).

The main objectives of an ngo is to prompote social wlfare.It can pursue some wider social aim that has political aspects.

is a legally constituted organization created by natural or legal persons that operates independently from any government.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the financial objectives of a not for profit organization?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the financial objectives of a firm?

To make a profit.


What are the financial objectives of the firm?

To make a profit.


What are the primary objectives of the accounting function in an organization?

The primary objectives of the accounting function in an organization are to process financial information and to prepare financial statements at the end of the accounting period.


What form of business organization does not focus on financial gain?

a non profit organization


Is the job of a financial manager in a nonprofit organization different from a financial manager in profit seeking firm?

The job of a financial manager in a nonprofit organization is different from a financial manager with a profit-seeking firm. These people will handle money in different ways.


Is the job of a financial manager in a nonprofit organization different from a financial manager with a profit-seeking firm?

The job of a financial manager in a nonprofit organization is different from a financial manager with a profit-seeking firm. These people will handle money in different ways.


Primary goal of the financial manager of a seeking organization is to?

profit seeking organization goal would be to maximize owners' wealth


Is there a non profit organization to help you reduce debt?

There are several non-profit organizations to help reduce debt. American Financial Solutions if one non-profit company that provides free credit counseling and financial education.


What are the basic objectives of financial management?

The objective of financial management is wealth maximization rather than profit maximization. Wealth maximization means the total value of the firm.


Is a Girl Scout troop a nonprofit organization?

The Girl Scout troop is part of a non-profit organization. The Girl Scout council is the organization which receives non-profit status. The council is responsible for the non-profit financial status of all the troops and individual members of the council.


What are the objectives of police organization?

What is police organization and their objectives


What is the job of a Financial manager in a nonprofit organization?

Like any other organization, financial manager's job is to monitor and control the financial health of the organization and taking corrective mesures when required. In a non-profit organization, the profits will not be used by the sponsors or stakeholders but will be used towards achieving the organizations vision or goal.