non-profit organizations are those organizations that are in the process of its activities are not intended to profit and its receipt.In that case, if the operating profit nevertheless obtained, it is not distributed among members of the organization.A legal entity which is a non-profit organization can carry out any kind of business only if it will serve to achieve the purpose for which it is, in fact, created and to which it corresponds.
create a similar organization might be in one form or another, which are provided by law.For example, it may be a consumer cooperative, public associations or religious organizations, charitable foundation or a state or municipal unitary enterprise.
non-profit organizations such as carrying out such activities, provide for the provision of the following services:
- various social services
- Services managerial
- Defence activities
- country's law enforcement services, including the protection of public order.
finance non-profit organizations are the material carrier of the various financial relationships in which these organizations take in their work.Financial relations arise from the collective of workers of the organization itself, to any other persons or organizations, as well as with government agencies regarding the payment of taxes and obligatory payments to the budget.
finance non-profit organizations - is the money mobilized from various sources, such as the implementation of the enterprise and its expansion.The sources of the financial resources that are the services provided by the company, which in turn is directly dependent on the type and nature of the service will be provided (free of charge, for free, mixed).
full cost recovery or financing on the basis of the approved budget, are ways of mobilization and use of the financial resources that make up the finances of nonprofit organizations.One or another method is used, depending on the methods of management of the enterprise.
estimated funding - is the use of the organization of budgetary funds at various levels in order to enable it to cover its costs, guided by the approved estimates.With such a method of financing the organization of the services it provides to customers free of charge.Those budgets that are provided in the expenditure-revenue estimates, and will be a major part of financial support, forming the finances of nonprofit organizations.
financing based on the approved budget is used in the socio-cultural sphere.For the most part this budget institutions that provide public education services, health services and social services.Similarly, funding organizations is conducted to ensure the rule of law and the defense and security organs and various bodies, such as public authorities and local governments.
Although the main source of financial support non-profit organizations composed of the budget, however, there is a number of reasons, forcing these organizations to engage in the search for additional extra-budgetary sources of funding.This is due to lower quality of living standards, increase of social problems, increasing the level of the consumer both social and material wealth, the growth of the budget deficit, and similar phenomena.
On this basis, it can be concluded that the characteristics of finance non-profit organizations can be identified specific areas of their activities.In addition to the budget sources of financial support of non-profit organizations may make further contributions and donations from members of the enterprise.In that case, if the non-profit organization a profit as a result of any business, by law, it should serve as a target for the costs of the organization.However, to use this income, in accordance with the organization's goals is possible only after the payment of income tax.