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Essay / Research Paper Abstract
This 3 page paper examines the financial performance of Oxfam America - a non profit making organization. The paper looks at the levels of costs, and donations, the efficiency of the organization and the cash flow. The bibliography cites 1 source.
Page Count:
3 pages (~225 words per page)
File: TS14_TEoxfam.rtf
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Unformatted sample text from the term paper:
and as they are accountable to many stakeholders, including all those who support them the issues such as financial performance is also important in terms of gaining and keeping support
and issues of accountability to donors, If we look at the annual report of Oxfam America 2004 annual report the emphasis is on the role of Oxfam to help
those in heed and events such as the Tsunami that hit Asia on the 26th of December 2004. However, when looking at the finical statements there is the need
to look at different measures. We are told contribution increased in 2004 to $29,146,000 from $28,262,000 in 2003, this means there has been an increase of 3.13%.
However, this is not the only form of income to Oxfam, investment income fell dramatically to $629,000 from $1,393,000 in 2003 (Oxfam, 2004). However,
overall with all income there was still an increase to $30,380,000 up from $29,911,000 in 2003 (Oxfam, 2004). Usually there is concern over the level of expenses and the
level of profit, but this is not a company concerned with profit, the aim is to have as much as possible to use to achieve the aims of the organizations.
However, on the accounts the good causes are all shown as expenses as they take up the organizations money. If we look
at the level of total expenses and the level of this that is used to provide the overheads and administration costs we can then get an idea of the total
level of aid given in the year. We also have to remember that some of the revenue may be retrained for future use and the creation of assets. In
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