Strategic Audits Essay

Open, View, and/or
Download this Document

Total Length: 539 words ( 2 double-spaced pages)

Total Sources: 1

Page 1 of 2

Non-Profit Org

Current Situation

The current situation for the non-profit used for this report is that the organization in the past year grew by an overall rate of 10% in terms of membership. This ten percent increase resulted in a gross revenue increase of approximately 25%. Additionally the rate at which the members were charged for their yearly fees increased from $350 per year to $375 per year. The fee increase provided additional revenue of approximately 9%. Sponsorship fees for the year provided another $11,500 in revenue. Expenses for the year ran at approximately $600 per member (this included uniforms, balls, bags, traveling costs, league and tournament expenses). Needless to say the club lost money during the last fiscal year. The resultant fee increase was (in part) an effort to stem the flow of those losses.

Stuck Writing Your "Strategic Audits" Essay?

View All Our Example Strategic Audits Essay

Have A Custom Example Essay Written

Additional marketing to bring in more members worked (see the 10% increase in membership) and the since the fees only covered the spring season, fees were also charged to cover the cost of the fall season. Members who played in the fall, had to cover all costs without the added revenue provided by sponsorships. It is hoped that the fall season will open the eyes to the entire membership as to the 'real' costs of being a member. With this new understanding will come an increase in fees both for fall and spring of next year, that will bring the club out of the red, and into the black.

Board of Directors

The Board is comprised of 4 voting members and two non-voting members. The President is a non-voting member.....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Strategic Audits" (2010, September 01) Retrieved June 13, 2026, from
https://www.aceyourpaper.com/essays/strategic-audits-122884

Latest MLA Format (8th edition)

Copy Reference
"Strategic Audits" 01 September 2010. Web.13 June. 2026. <
https://www.aceyourpaper.com/essays/strategic-audits-122884>

Latest Chicago Format (16th edition)

Copy Reference
"Strategic Audits", 01 September 2010, Accessed.13 June. 2026,
https://www.aceyourpaper.com/essays/strategic-audits-122884
   

Open, View, and/or
Download this Document
order custom essay example