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What is a Non-Profit Organization? Its Characteristics and Types!

Published

3 months ago

December 12, 2022

The fundamental reasons for establishing non-profit organizations are acts of altruism and the promotion of social welfare. Their primary objective is to distribute knowledge regarding scientific discoveries, artistic works, charity activities, and religious practices. Financial gain is not their primary motivation; instead, it is the betterment of society through disseminating information.

The Indian Companies Act of 2003 includes a provision in Section 8 that enables the registration of organizations of this kind. Rather than keeping the money for themselves, a non-profit organization like “Satya Shakti Organization (The Best NGO in Delhi NCR) uses the donations it receives to enhance its mission rather than saving the money for itself.

The non-profit sector encompasses not-for-profit organizations such as charities and other public service organizations, as well as other organizations that do not seek financial gain for them. Organizations with this mission operate solely to extend assistance to individuals who need it.

They do not typically engage in the kinds of credit transactions typical of a business used to generate a profit for its owners. Consequently, they are free from the requirement that they keep a set of credit records, in addition to statements detailing their losses and gains.

In any event, they keep a book of records that they consult to keep track of the cash that leaves the organization and assess its performance throughout the financial year. Companies must preserve such records and submit them to the Registrar of Society so that the general public can view how they spend their money.

Characteristics of Non-Profit Organizations:

Several important traits distinguish these groupings from others that are more conventional.

Motivation for Helping Others:

The term “non-profit organization” refers to a group whose primary mission is not financial gain but rather the provision of a needed service to the public, regardless of factors like race, religion, or gender. Since generating a profit is not their driving force, they provide free or low-cost assistance. They may offer medical treatment, classes, meals, entertainment, a place to sleep, a wardrobe, a place to play, a sports arena, and much more.

Management:

An organization’s operations are often overseen by a management team or executive board elected by the membership.

Members:

Because these organizations are structured as charitable societies or trusts, subscribers also serve the role of members.

Income-Producing Activities:

Donations, subscriptions, government grants, investment earnings, bequests, and other legacy giving make up the bulk of these trusts’ funding.

Surplus:

If there is a balance remaining at the end of the fiscal year, it will be placed in the reserve account.

Reputation:

In most cases, the reputation of such groups is based on the services they provide rather than the individual merits of their members.

Expense and Revenue Accounting Data:

Its members and any potential contributors can view its financial records to a large extent.

A good illustration of a non-profit is Satya Shakti Foundation. Try to find five more well-known worldwide NGOs and write their names down.

Different Non-profit Organizations:

A non-profit organization is not mainly concerned with its financial gain but with furthering the public good. In India, these kinds of groups can largely be divided into two categories.

Organizations The following are included in Section 8:

It is one of the most prevalent kinds of charitable organizations in India and is governed by the Companies Act of 2003, passed in 2003. These companies are around so society can advance, which is why they exist.

Any profits made through them must, rather than be allocated to the members of that group, be put back into working toward the organization’s overall mission and objectives. The registration process is comparable to that of other businesses, but a special certificate is granted after it is finished.

NGOs: According to Section 8 of the Companies Act, these organizations fall under the category of non-profits. Even though these companies have their headquarters in India, they are open to receiving investments from clients in other countries. However, the NSA monitors money spending to guarantee that it is being used appropriately.

A few notable non-profit organizations active in India are CRY (Child Rights and You), GOONJ, Help Age India, and the Give Foundation. There are many others.

Investigate the differences between charitable organizations and non-governmental organizations (NGOs).

If you want more information on the NGOs and non-profits in India and how they operate, please visit our website right now.

Methods Used in Non-profit Accounting:

Even though non-profit organizations are not run to make a profit, they are still required to keep financial records that are analogous to those kept by enterprises operating for profit. The primary revenue source comes from donations, subscriptions, and the like, and these transactions typically take place in the form of cash or bank transfers.

Trusts must keep correct credit records to fulfill their responsibilities toward the contributions they receive, their members, and, most importantly, the government. The federal government monitors these trusts to verify that the funds are being donated to worthy organizations.

In addition to the traditional ledgers and books of account, they maintain a stock registry. These stock registers are used to track and record all movable and immovable assets, including consumables. A capital account is typically replaced by a general fund account or capital funds in for-profit organizations, in contrast to non-profit organizations, which use capital funds instead. It is the most essential difference between the two types of organizations.

These organizations must compile their financial statements or year-end accounts at the end of each fiscal year. The following is a dissection of the numerous components that form this financial report.

An account for money received and money paid out as follows:

All transactions about money and banking are recorded in this section. Using this form, you are required to submit three different financial statements to the Registrar of Societies. These statements must include an account of income and expenses and a balance sheet.

Account at the Bank for Transactions and Expenditures:

This report, which is quite similar to P&Ls, tallies up a corporation’s fiscal deficits and surpluses. A balance sheet must be made in the same way that the balance sheets of all other legitimate firms are prepared. This means that it must have sections for both revenue and expenses.

Related Topics:Best NGO in Delhi NGO NGO is non-profit organization NPO’s

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How do I get a Google Voice number without a US number?

Published

2 months ago

January 13, 2023

Kevin Peter

If you want to start your own business, you will need to acquire many numbers to contact your potential customers. This is possible with Google Voice. Once you have your Google Voice account, you can receive calls and send texts from your Google Voice account. You can choose to use your cell phone number as your new Google Voice number, or you can set up your Google Voice number using one of your other phone numbers. For example, you can set up a number for your business and a separate number for personal use. This way, you can make sure that you do not miss calls from people whom you Buy Google Voice Number care about. You will receive those calls on the business number, while the personal number receives calls from other people. This is a very convenient service.

If you want to start a business, you will need to buy your own phone line. A phone line is the connection between your home or business and the phone system. You can choose to use your cell phone number as your business phone number. The downside is that you cannot use your cell phone to make business calls. The upside is that you will be able to receive and send calls and texts from your cell phone. You will be able to contact your customers from anywhere in the world, and this can be very convenient.

Another option is to purchase your own phone line.

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The Importance of Choosing the Right Database Provider in Dubai

Published

2 months ago

January 12, 2023

Kevin Peter

Dubai is a hub for business and commerce, with a diverse range of industries and companies operating within the city. As a result, the demand for efficient and reliable databases is high. Choosing the right database provider in Dubai can have a significant impact on the overall performance and productivity of a business. In this article, we will discuss the top database providers in Dubai and how they can help businesses maximize efficiency.

The Top Database Providers in Dubai

Oracle: Oracle is a leading provider of databases in Dubai, known for its high-performance and scalability. Its databases are used by a wide range of industries, including finance, retail, and healthcare.

Microsoft SQL Server: SQL Server is another popular choice among businesses in Dubai, known for its robust security features and ease of use. It is ideal for companies that need to manage large amounts of data and perform complex queries.

MySQL: MySQL is an open-source database that is widely used in Dubai, particularly for web-based applications. It is known for its speed and reliability, and is a cost-effective option for small to medium-sized businesses.

MongoDB: MongoDB is a NoSQL database that is well suited for handling unstructured data. It is popular among companies in Dubai that need to store and manage large amounts of data in real-time.

How to Choose the Right Database Provider in Dubai

When choosing a database provider in Dubai, it’s important to consider the specific needs of your business. Factors such as scalability, security, and ease of use should be taken into account. Additionally, it’s important to consider the cost of the database, as well as the level of support offered by the provider.

In conclusion, choosing the right database provider in Dubai can have a significant impact on the overall performance and productivity of a business. By considering the needs of your business and the features of the different providers, you can make an informed decision and buy database dubai that will help you maximize efficiency.

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The p53 protein binds to certain DNA sequences

Published

2 months ago

January 11, 2023

Kevin Peter

It is important to understand the p53 protein’s role in cell death or apoptosis. We are very dependent on our bodies to perform many functions, like to fight diseases. Sometimes, if these cells are attacked by a virus or if they are damaged, we die. This is known as apoptosis, which means cell death. Apoptosis is controlled by various proteins. For example, if the p53 protein is mutated, the chances of cancerous cells developing is increased. Cancer is when one or several of our cells turn out to be abnormal and begin to multiply uncontrollably.

The p53 protein is an important protein in cell death. The p53 protein binds to certain DNA sequences, which are important for cellular PCTAIRE Antibody division. It can control the growth of cells in a number of ways. For example, when the p53 protein is present, it is said to be activated. The presence of activated p53 protein in the cell inhibits the cellular division cycle. As a result, normal cells can undergo apoptosis, while abnormal cells cannot. We need this process to kill cancer cells.

There are various p53 signaling pathways. Two of the main ones are the extrinsic and intrinsic signaling pathways.

In the extrinsic pathway, the p53 protein stimulates the caspases, which trigger apoptosis.

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Azo(bis)formamide Production Cost Analysis Report: Manufacturing Process, Raw Materials Requirements, Variable Cost, Production Cost Summary and Key Process Information

Published

2 months ago

January 11, 2023

Kevin Peter

The latest report titled “Azo(bis)formamide Production Cost Report” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Azo(bis)formamide.

Report Features	Details
Product Name	Azo(bis)formamide
Process Included	Azo(bis)formamide Production from Hydrazine and Urea
Segments Covered	Manufacturing Process: Process Flow, Material Flow, Material Balance Raw Material and Product/s Specifications: Raw Material Consumption, Product and Co-Product Generation, Capital Investment Land and Site Cost: Offsites/Civil Works, Equipment Cost, Auxiliary Equipment Cost, Contingency, Engineering and Consulting Charges, Working Capital Variable Cost: Raw Material, Utilities Fixed Cost: Labor Requirement & Wages, Overhead Expenses, Maintenance Charges Financing Costs: Interest on Working Capital, Interest on Loans Depreciation Charges General Sales and Admin Costs Production Cost Summary
Currency	US$ (Data can also be provided in local currency)
Pricing and purchase options	Basic: US$ 1499 Premium: US$ 2999 Enterprise: US$ 4799
Customization Scope	The report can be customized as per the requirements of the customer
Post-Sale Analyst Support	360-degree analyst support after report delivery

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Azo(bis)formamide production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Table of Contents

Procurement Resource Assessment of Azo(bis)formamide Production Process:

Azo(bis)formamide Production from Hydrazine and Urea: This study presents a detailed cost analysis of Azo(bis)formamide from Hydrazine and urea. In this process, urea reacts with hydrazine to produce hydroazodicarbonamide. Hydroazodicarbonamide further reacts with chlorine/chromate (chromic acid) to form Azo(bis)formamide.

Request Free Sample – https://www.procurementresource.com/cost-analysis/azobisformamide-production-from-hydrazine-and-urea/requestsample

Product Definition:

Azo(bis)formamide, also known as azodicarbonamide, is a chemical compound primarily used in plastic manufacturing industries. It has a molecular formula of C2H4N4O2. It is insoluble in water and has a solubility in dimethyl sulfoxide. It has a molecular weight of 116.08 U.

Azo(bis)formamide occurs in the form of either crystal or powder. When in powder form, it is yellow in colour and red-orange when in crystal form. It is produced by the replacement of two hydrogen atoms of diazene. The Hydrocarbyl group takes the place of two replaced hydrogen atoms to form Azo(bis)formamide.

Market Drivers:

Azo(bis)formamide is widely used in the production of foamed plastics used for yoga mats. It essentially increases the porosity of plastics.

It is also used in commercial baking as a bleaching agent. It is also used in floor covering, packaging of food, paints, etc. The surge in the demand of foam-plastics have garnered azo(bis)formamide a wide attention globally.

Key Questions Answered in the Azo(bis)formamide Production Cost Report:

What are the key drivers propelling the Azo(bis)formamide market?
What are the various processes used for Azo(bis)formamide production?
What are the raw materials required to produce Azo(bis)formamide?
What are the different operations units involved in the production of Azo(bis)formamide?
What are the manpower and utility requirements in the production process of Azo(bis)formamide?
What are the various costs engaged in the production of Azo(bis)formamide?
What are the construction costs involved in setting up an Azo(bis)formamide production facility?
What are the working capital requirements?
What is the process of raw material procurement for Azo(bis)formamide production?
What is the time frame for Azo(bis)formamide plant start-up?
What is the pricing mechanism of Azo(bis)formamide?

Browse More Production Cost Reports:

Azodicarbonamide Production Cost Reports – https://www.procurementresource.com/production-cost-report-store/azodicarbonamide
Azepan-2-One Production Cost Reports – https://www.procurementresource.com/production-cost-report-store/azepan-2-one
Azane Production Cost Reports – https://www.procurementresource.com/production-cost-report-store/azane

About Us: 

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and production costs of an extensive range of goods and commodities, thus providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Jolie Alexa
Email: sales@procurementresource.com
Toll Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

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Alum Production Cost Analysis Report: Manufacturing Process, Raw Materials Requirements, Variable Cost, Production Cost Summary and Key Process Information

Published

2 months ago

January 10, 2023

Kevin Peter

The latest report titled “Alum Production Cost Report” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of the Alum.

Report Features	Details
Product Name	Alum
Process Included	Alum Production from Alunite Alum Production Via Precipitation
Segments Covered	Manufacturing Process: Process Flow, Material Flow, Material Balance Raw Material and Product/s Specifications: Raw Material Consumption, Product and Co-Product Generation, Capital Investment Land and Site Cost: Offsites/Civil Works, Equipment Cost, Auxiliary Equipment Cost, Contingency, Engineering and Consulting Charges, Working Capital Variable Cost: Raw Material, Utilities Fixed Cost: Labor Requirement & Wages, Overhead Expenses, Maintenance Charges Financing Costs: Interest on Working Capital, Interest on Loans Depreciation Charges General Sales and Admin Costs Production Cost Summary
Currency	US$ (Data can also be provided in local currency)
Pricing and purchase options	Basic: US$ 1499 Premium: US$ 2999 Enterprise: US$ 4799
Customization Scope	The report can be customized as per the requirements of the customer
Post-Sale Analyst Support	360-degree analyst support after report delivery

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Alum production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Table of Contents

Procurement Resource Assessment of Alum Production Process:

Alum Production from Alunite : This report provides a detailed cost analysis of Aum production from Alunite. In this process, Alunite is kept in the air after it is calcined and kept moist. The powder thus obtained is then lixivated using sulphuric acid and water to produce alum crystals.

Request Free Sample – https://www.procurementresource.com/cost-analysis/alum-production-from-alunite/requestsample

2. Alum Production Via Precipitation : The report offers the cost analysis of Alum production via precipitation. In this process, Aluminium Sulfate and sulphates of singly charged cations are dissolved in an aqueous solution and then evaporated to obtain alum.

Request Free Sample – https://www.procurementresource.com/cost-analysis/alum-production-via-precipitation/requestsample

Product Definition:

Alum is an inorganic compound and is a double salt of sulphate in the hydrated form. It has various forms such as potassium alum, aluminium sulfate, chrome alum, ammonium alum, soda alum, etc. It has a melting point of 92.5°C and a boiling point of 200°C. It is highly soluble in water and is used in water treatment plants, majorly.

Market Drivers:

Alum is an extensively used product across a range of industries and has always been in demand owing to its properties and uses. Alum is predominantly used in water treatment plants as it is a natural coagulant. Moreover, it is used in cosmetic and pharmaceuticals industries as an antiseptic and anti-microbial agent.
Alum also finds its uses in dyeing in textile industries and is also use in the tanning of leather.

Key Questions Answered in the Alum Production Cost Report:

What are the key drivers propelling the Alum market?
What are the various processes used for Alum production?
What are the raw materials required to produce Alum?
What are the different operations units involved in the production of Alum?
What are the manpower and utility requirements in the production process of Alum?
What are the various costs engaged in the production of Alum?
What are the construction costs involved in setting up an Alum production facility?
What are the working capital requirements?
What is the process of raw material procurement for Alum production?
What is the time frame for Alum plant start-up?
What is the pricing mechanism of Alum?

Browse More Reports:

Alumina Trihydrate Production Cost Reports – https://www.procurementresource.com/production-cost-report-store/alumina-trihydrate
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Aluminium Slug Production Cost Reports – https://www.procurementresource.com/production-cost-report-store/aluminium-slug

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Who is the biggest removal company in the UK?

Published

2 months ago

January 10, 2023

Kevin Peter

There are many reasons why someone might choose to use a removal company rather than pack and move the house themselves. These include time, expertise, equipment, and saving time with minimal effort. If you are going to pack and move the house yourself, you should make sure you have everything you need.

To get started, you should do some research online to find a reliable removal company in your area. This will enable you to find a reputable firm that will do a good job, and provide a quote that is fair and reasonable.

Another advantage of having a removal company is that you can save time. A professional removal company is going to move your belongings Bristol House Removals much faster than you can. They have specialized vehicles and equipment which allow them to do this quickly. If you are moving large items and furniture, it is best to hire a removal company that has the right tools.

These tools include wheelie bins and trolleys which allow them to move bulky items without having to carry them. You can also contact a removal company if you are having difficulties lifting heavy items. They are going to be able to take on board the heaviest and most awkward pieces of furniture. You can save a lot of time by not having to lift heavy items.