Comparative Financial Analysis: Planned Parenthood Vs Red Cross

1672 Words4 Pages
bulb-icon

Recommended: Financial statement analysis quizlet

Analysis of Non-profit Financials The Analysis of the financial statements will be compared with another Non-profit that aids others. The compared to Non-profit is Red Cross, a non-profit that provides care to those in need during times of disasters and around the world, whose main mission is ensure everyone in America has access to shelter, food, and life-saving blood. Financial Metrics for Planned Parenthood and American Red Cross • Debt to Assets Ratio measures the proportion of assets to debt for the Bon-profit. o Total Debt/ Total Assets o Comparison and review: Planned Parenthood is operating with much less debt percentage wise when compared to Red Cross. This indicates that planned parenthood is not utilizing debt as much and is more …show more content…

This ratio indicates a Non-profit's relative liquidity or ability to cover its debt, serving as a basic indicator of financial strength because it measures cash availability and liquid assets to meet financial obligations (CBIZ, 2015). o Unrestricted contributions/Long term debt o Comparison and review: Planned Parenthood’s viability ratio is 3 times that of Red cross, indicating that Planned Parenthood can cover long term financial obligations much easier than Red Cross. The ratio slightly decreased with a year to year % change of -3.5%, which can be attributed to the Non-profit’s increase in debt to fund their programs and or other items. • Current ratio indicates the organization's ability to meet short-term financial …show more content…

This shows that Planned Parenthood does not provide many of their program services for fees unlike Red Cross who funds abundantly through program service fees. This is most likely to the difference in missions and operating strategies. Planned Parenthood is concerned with providing services to women in need and empowering women and young people to make the right choices through health and sex education. The operating reliance for Planned parenthood only minimally decreased by .02% from 2014 to 2015, indicating the Non-profit is not interested in charging those in need of their services for their programs and that they provide their information and education at little to no cost to

Show More
Related

  • Riverview Community Hospital Case Study

    383 Words  | 1 Pages

    In this case, the reader learns that liquidity is a better than average. The ratio and cash on hand have been better than 2013 from the past years. Moreover, it shows that the hospital has a higher ability to meet its cash obligation because it has more security compared to other hospitals. Funding allows hospitals to control funds and limit investments. Not-for-profit organizations help provide more services and margin of safety. Therefore, creditors look for a margin of safety so that the community that financed a small portion of total financing can be returned to the owners by leveraging. Capitalization ratio measures the funds that were borrowed and the assets that have been used. The coverage ratio measures the number that time they fixed financial charges. The time's interest earned ratio shows the ability of the hospital to meet

    Read More

  • Analysis of CAFOD (A Charity Organization)

    645 Words  | 2 Pages

    Analysis of CAFOD (A Charity Organization) The charity I am going to analyse and explain is CAFOD. CAFOD was formed in 1961when the National Board of Catholic Women decided to carry out a family fast day, because the people of the Caribbean Island of Dominica had requested help for a mother and baby health care programme. A year after the family fast day the Catholic bishops of England and Wales decided to set up the “Catholic Fund for Overseas Development” or “CAFOD”. The main aim of this charity was to bring together the vast number of smaller charities and to educate Roman Catholics in England and Wales about the need for world development and also to raise money for developing countries. Even now CAFOD is still helping all around the world thanks to the support of Catholics in England and Wales.

    Read More

  • Susan G Komen Foundation Case Study

    1300 Words  | 3 Pages

    The Susan G. Komen Foundation, a non-profit organization dedicated to eliminating breast cancer, suffered a PR disaster four years ago and has yet to recover from the bad press of this unpopular decision. In 2012, the Susan G. Komen Foundation decided to end their financial support of Planned Parenthood, the nation’s largest provider of family reproductive services (including abortion). This action resulted in an immediate public backlash and ignited a fierce political debate. In the middle of this controversy, the New York Times published an article in which women who had previously participated in the Susan G. Komen cancer walk were asked their opinion of the decision to cut Planned Parenthood funding. Sarah Robertson, who completed the 39.3-mile walk last year stated “I personally wouldn’t walk for Komen,” citing the

    Read More

  • Improving Morale in Non-Profit Organizations

    714 Words  | 2 Pages

    Non-Profit organizations are a major mold in society in general, and they continue to help advance many of the social causes of our time. From the description, we know that employee and volunteer morale is quite low, and that is the fault of the senior management. In an organization, it is important that each individual knows that they are contributing to something larger than themselves. In many cases, employees seek to work somewhere where they can earn a living, but also where they can become a member of a team, and feel a sense of purpose. When they are not treated with respect or given the ability to make their own decisions, they lose engagement and become stagnant in their work. Volunteers look for much of the same thing; they are, after

    Read More

  • Pros And Cons Of Planned Parenthood

    1213 Words  | 3 Pages

    There is a common misconception that Planned Parenthood is a center for abortions, and that is it. The truth is, only three percent of Planned Parenthood’s services relate to abortions. Planned Parenthood receives $500 million in federal funding and it is illegal to spend any of that money on abortion services. In CNN ’s article, "Planned Parenthood, by the Numbers”, there are clear statistics about how Planned Parenthood manages the money they receive and how a majority of their work focuses on

    Read More

  • Planned Parenthood Pros And Cons

    1098 Words  | 3 Pages

    Planned Parenthood is non-profit and has been around for over fifty years. Planned Parenthood offers many services to women, other than abortions. A few of the services offered to women are free health care, such as anemia testing, cholesterol screening, physical exams for employees and for sports, flu vaccinations, aid in quitting smoking, high blood pressure testing, tetanus vaccinations, and thyroid screening. The many other services they offer include free birth control, emergency contraception, testing for STD’s (Sexually Transmitted Diseases), breast cancer screenings, cervical cancer screenings, pelvic exams, free information to women, and a number of other things.(“General Health”) Under the Hyde amendment that passed in 1976, there has been a legislative provision prohibiting the use of certain federal funds to pay for abortion unless the pregnancy arises from incest, rape, or to save the life of the mother. During the fiscal year that ended in June 2014, Planned Parenthood affiliates around the country received $528.4 million in government funds. It has been estimated that 42 percent of their services went towards STD/STI testing and treatment, 34 percent went to contraceptive, 11 percent to women's health services, 9 percent to cancer screenings and prevention, 3 percent to abortion, and 1 percent to other services. This 9 minute video

    Read More

  • Nonprofit and For-Profit Hospitals

    917 Words  | 2 Pages

    Describe the differences between nonprofit and for-profit hospitals. William & Torres provided a table to reflect hospital ownership, and noted that some hospitals, while owned by one type of entity, may be operating under a contract by another entity, such as a hospital management company (Williams & Torres, page 185). Some of the largest groups of hospitals in the nation are nonprofit community hospitals (Williams & Torrens, page 185). Nonprofit entities, including hospitals, function under special provisions of corporation law in each state, and under federal and state tax provisions that recognize their community service function (Williams & Torrens, page 185).

    Read More

  • Argumentative Essay On Defunding Planned Parenthood

    1207 Words  | 3 Pages

    Noting that one thing is clear and that Planned Parenthood top priority is not the wellbeing of women. Behind this organization there are facts that they don’t want Americans to know which shows a whole different view of Planned Parenthood, like how there is a high abortion rate which the tax dollars generate and goes to the clinics revenue and also that this is a criminal organization. Conservatives argue that selling unborn baby parts for profit is a crime and can result is imprisonment. But the conservatives see that there should be a stop to funding Planned Parenthood, so now Congress has the chance to end government financing for Planned Parenthood. A voice of

    Read More

  • Planned Parenthood Southeast

    836 Words  | 2 Pages

    Planned Parenthood Southeast (PPSE) is a member affiliate of Planned Parenthood Federation of America, the oldest and largest voluntary family planning organization in the country. On April 1, 2010, Planned Parenthood of Georgia merged with Planned Parenthood Alabama to become Planned Parenthood Southeast serving Georgia, Alabama and Mississippi. PPSE has extensive experience providing women’s health care, community health education, and public policy advocacy in the Southeast region for over 80 years. We work with national, state and local providers and community agencies to provide high quality health care to over 20,000 clients, and community education programs to over 8,000 participants annually. By combining the Georgia affiliate with the Alabama-Mississippi affiliate, we have created an organization that represents the interests and needs of the region while providing the core mission services in the local communities we serve. This is a trend across the country to strengthen Planned Parenthood organizations and allow us to continue to meet the mission, especially where the need is greatest in areas like the South.

    Read More

  • Planned Parenthood: A Fight for Abortion Rights

    1263 Words  | 3 Pages

    Abortion is a one of the most controversial issues in this country, and those who aren’t in favor, or pro-life, think that is morally wrong, and because of that reason they believe that the government should no longer fund Planned Parenthood. Those who oppose Planned Parenthood argue that their tax dollars are paying for these abortions by the organization by the government funding them and they claim that isn’t right. Another reason would be that abortion is the main service they profit from and focus on, and because of that they should be defunded. Others argue that even though funding does not directly go to abortion services provided by Planned Parenthood, that it frees up money from other services to be directed to abortions (Rovner). There has been progress for these groups, for they have lobbied state and national government, which has, lead some legislators to propose legislation that reduces or expelling funding in certain states. Amongst these states that have been affected are Tennessee, Indiana, Wisconsin, New Jersey, Texas, Kansas, and North Carolina (Keen). The state most affected was Texas, as Planned Parenthood was defunded completely, and 47 billion dollars were cut the organization (Keyes). Many groups also have pulled funding from Planned Parenthood, as a result of the controversy with the controversy of their abortion services. Many seem to believe that

    Read More

  • Kid Me Not Summary

    2011 Words  | 5 Pages

    This is an obstacle for Planned Parenthood because of defunding and resources that are provided for them as well as the negative light they are portrayed with. With defunding it becomes harder for Planned Parenthood to reach out in ways that could easily be done with more money and investment from the community. Negative views on Planned Parenthood also make it harder to reach out to diverse communities. If Planned Parenthood is centered in an area of poverty they will get target for bad views because they are seen as targeting those of certain classes. But if they are centered in an area that has more money they can be targeted for being out of the way for some who would benefit from their services. To reach more diverse communities Planned Parenthood has to get rid of the negative views associated with them and receive more

    Read More

  • Parenthood : Planned Parenthood And Women

    1367 Words  | 3 Pages

    Planned Parenthood is a nonprofit organization that receives federal as well as state government funding. As per Lori Robertson’s article on factcheck.org, she states that “Planned parenthood’s 2008-2009 annual report states that it received $363.2 million in” Government grants”(Lori Robertson) As per government representative Senator Orrin Hatch of Utah and a member of the Republican Party he believes that the grants that the federal government have been providing PPFA have been mainly used on abortion service and not on health services. While being “In a senate floor speech on Aug.3, Sen. Orrin Hatch of Utah, who cosponsored a failed bill to fund Planned Parenthood, also said that “abortion account for 94 percent of Planned parenthood’s pregnancy services”” (D’Angelo Gore). The organization also have antiabortion groups who also wants the funding to be cut. One of the allegation that Monica Miller a rally organizer made against PPFA is that “ The kind of sexual ethic that Planned Parenthood promotes is sex for recreation, sec for mere pleasure”(Monica Miller). Meanwhile, we also have the religious groups that beli...

    Read More

  • Rhetorical Analysis On Abortion

    628 Words  | 2 Pages

    He then goes on to describe the full range of help that the organisation offers, not just limited to abortions. After describing the benefits, it is hard to see the downside, so Specter adds a rhetorical question and asks, “And who wouldn’t want that?” (paragraph 6) This question is asked almost condescendingly, as there are many people, including former president George W. Bush, who refuse to see past the abortions to the other services provided by Planned Parenthood. The ironic tone and rhetorical question help to add sarcasm to the article, yet still remain serious, providing an appeal to

    Read More

  • Defund Planned Parenthood

    629 Words  | 2 Pages

    Lani is having a hard time deciding on what to do. She recently went out with some girls, had a couple of drinks and woke up with a strange man. A couple weeks went by and she started noticing that there might be something growing inside her. She’s debating on if she should abort it,but even if she does keep it her tax dollars are still funding planned parenthood. What's the point? So she decided to do some research on planned parenthood, she shortly found out some shocking news about this facility.If we defund planned parenthood, then people would be saving a lot more money and planned parenthood wouldn’t profiting around $6 million wasting people’s time and tax dollars.The research that Lani’s

    Read More

  • The Importance Of Planned Parenthood

    997 Words  | 2 Pages

    Too many people place their focus on the fact that Planned Parenthood is a prominent abortion provider. However, it also provides important and beneficial reproductive health services, much more so than abortion services. Of all the services that Planned Parenthood provides, only 3% of them are abortions; 34% of its reproductive health services are contraceptive services and sex education is also provided to around 1.5 million people each year (Selby). A large portion of Planned Parenthood’s services is dedicated to preventing unintended pregnancies, which helps prevent abortion in the long run. Furthermore, Planned Parenthood not only provides contraception to those who usually cannot afford them, but it also provides screenings for sexually transmitted diseases and cancers relating to the reproductive system. Nearly 4.4 million STI screening services and more than 935,000 services related to cancer prevention and detection are provided via the organization (Selby). Cutting federal funds for Planned Parenthood would directly result in a decrease of millions of services

    Read More

More about Comparative Financial Analysis: Planned Parenthood Vs Red Cross

Open Document