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Financial Management for NonProfit Organizations

Financial Management for NonProfit Organizations. Financial Management for NonProfit Organizations. E-mail: GRZEGORZ.MICHALSKI@UE.WROC.PL www : HTTP://MICHALSKIG.UE.WROC.PL/ Mobile: 48.503452860 5 meetings + 1 exam (test) Next meeting : 25 th March .

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Financial Management for NonProfit Organizations

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  1. Financial Management for NonProfit Organizations

  2. Financial Management for NonProfit Organizations • E-mail: GRZEGORZ.MICHALSKI@UE.WROC.PL • www: HTTP://MICHALSKIG.UE.WROC.PL/ • Mobile: 48.503452860 • 5 meetings + 1 exam (test) • Nextmeeting: 25thMarch. • Reading material: http://skroc.pl/fmno1 | http://skroc.pl/fmno2

  3. NonProfit Finance cases: • Hospital / Medical service • School (of something: primary, cooking, musical etc.) • Religion based home of help (ex-drunks, ex-addicts, orphanages, etc.) • Donation based WOŚP etc. • Commune businesses: water-supply institutions • ….

  4. CASE2: School • Nonprofitcharitydecide to start threeyearone-classschool. One classpopulationisaverage 16 childreen. • Theschool will work for 6 hoursdaily. Feeis 25o€ monthly per one child, paid by theparents. Theeducationaldotationpaid by localgovernmentis 70ooo€ ineveryyear. • FixedCosts: 5 teacherswith 1 clerc (teacher 1600€/month, clerc 900 €/month), energy and water: (450€ / month), rent for building: 1200€ / month| VariableCosts: 0€. • Schoolequipment 30ooo€ will be covered by debt (kd=7%) and equity (unleveraged beta for educational services = 0.82) [http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/Betas.html] • NWC: 300€ • Number of pupils: Year: 200X | 200X+1 | 200X+2 | 200X+3 | 200X+4 | 200X+5 | 200X+6 | 200X+7 | 200X+8..n | Q: 45 | 48 | 46 | 44 | 43 | 42 | 46 | 38 | 39 |

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