Monday, July 29, 2019
Non-Profit Organizations Assignment Example | Topics and Well Written Essays - 500 words
Non-Profit Organizations - Assignment Example Different types of shares such as equity shares and preference shares may be issued to accumulate the initial capital needed for the creation of the company. Microsoft and Apple are two major publicly-traded companies in the United States. After choosing the type of business (limited-liability company or partnership), the firmÃ¢â¬â¢s name should be registered with the local/state government. Then the business concern should acquire the federal tax ID and register with the state revenue agency. Ernst & Young and Deloitte are two non-publicly-traded companies in the US. American Red Cross was established by Clara Barton in 1881after organizing a meeting of 15 people. Currently, the organization has no subsidiaries. The organization invests in marketing campaigns as part of its fundraising efforts. This nonprofit organization acquired $3.4billion and $3.5 billion in revenues for the fiscal years 2013 and 2014 respectively. While analyzing the recent annual reports of the American Red Cross, it seems that the organization maintains a healthy financial status. Amnesty International was founded by Peter Benenson in 1961. It has no subsidiaries. The organization also invests in marketing initiatives in an attempt to raise a sufficient amount of donations. For the fiscal years, 2013 Amnesty International gained revenues of Ã £24.8m. As the organization has access to potential sources of finance, its financial position is very strong. Microsoft was founded in 1975 by Bill Gates and Paul Allen. Microsoft has hundreds of subsidiary businesses, and some major subsidiaries include Microsoft Global Finance, Microsoft General Management Company, Microsoft Licensing, and Microsoft PF Holdings. MicrosoftÃ¢â¬â¢s revenues rose from US$77.85 billion in 2013 to US$86.83 in 2014 although the companyÃ¢â¬â¢s growth declined in 2014 compared to the previous fiscal year (Ã¢â¬Å"Microsofts global revenue 2002 to 2014Ã¢â¬ ).