7 assignment

Overview

In this assignment, you will analyze the ethical, legal, and financial challenges of a nonprofit daycare center presented in the following case study. Read the case study thoroughly, examine the current business practices, consider realistic alternative solutions, and propose an improvement plan.

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Case Study: Home-Based Nonprofit Daycare Center

Sally Smith is a teacher by trade and has owned and operated several daycare centers.

She has always wanted to start a nonprofit daycare to offer a safe place for the children of working unhoused or indigent mothers.

She converted the garage and first floor of her home into a daycare, obtained the necessary certifications, and opened the doors. She formed a 501(c)(3) entity with three officers, including Sally. Her other officers are her aunt Penny Page and her friend Jane Johnson, and they have had one board meeting. Sally is often short on donations and supplies, so she will often loan paper products and food from her personal pantry to assist the daycare.

Occasionally, she has to borrow back some supplies when she runs short herself. Sally is pleased with the number of donations of supplies and clothes she has been receiving from friends and church members, and last week she solicited contributions from the community and raised $2,000. One of her church members mentioned something about registration required for solicitations, but she has not had a chance to look into it yet.

Sally opened a bank account for the daycare but is so busy that she hasn’t prepared a budget or set up a bookkeeping system. Sally plans to evaluate her need for insurance. Several people have expressed an interest in her cause, and she plans to enlist them, as well as some friends and church members, to serve on her board once she gets a chance to get organized.

You may download the .

Instructions

Write a 68 page paper that includes the following headings and responds to the prompts included under each heading. In your paper use level-1 headings for each of the bold headings shown below. For more about level-1 headings, see

.

Title Page

Include the title of the paper, your name, the university and department name, the course number and title, the faculty member’s name, and the date. Follow APA formatting guidelines.

Introduction

Summarize the case study.

• Describe the contextual details and relevant facts of the case.
• Describe the main points to be addressed in this case study analysis.

Ethical and Legal Compliance

Evaluate the ethical and legal aspects of the case.

• Identify the most apparent ethical and legal issues in this case study.
• Analyze the root cause of the challenges in the case study.
• Evaluate the risks and potential consequences associated with the business practices.

Socioeconomic, Racial, and Gender Disparities

Evaluate the socioeconomic, racial, and gender disparities experienced by minority entrepreneurs.

• Identify the racial and/or gender disparities that are apparent or implied in this case.
• Describe disparities that exist in minority communities regarding access to capital, markets, and resources.
• Analyze aspects of socioeconomic disparities that are implied in this case.
• Explain how the socioeconomic disparities affect the minority entrepreneur’s ability to navigate the legal and regulatory aspects of starting a business.

Internal Controls for Nonprofit Financial Management

Analyze accounting best practices related to internal controls, policies, and procedures for nonprofit organizations.

• Describe the internal controls, policies, and procedures the board should establish to improve the financial management of the daycare center.
• Analyze how this daycare can ensure proper bookkeeping and accountability for the daycare center.

Financial Management Improvement Plan

Develop a financial management improvement plan.

• Explain what specific changes are required.
• Describe the steps that should be taken to make the required changes.
• Explain how the changes should be implemented.
• Describe the future changes you would recommend.

Conclusion

Summarize the main points of this case study analysis.

• Conclude with a strong statement.

Additional Requirements

• Paper Format: Use APA Level-1 headings (centered and bold).
• Document Length: 68 pages, not including the title page and reference page.
• Written Communication: Incorporate well-organized text, including appropriate evidence and tone in grammatically sound sentences.
• Ensure your sentences are clear and concise.
• Use correct grammar and punctuation.
• Use APA formatting for in-text citations and references. The
• can help with this.

Competencies Measured

By successfully completing this assignment, you will demonstrate your proficiency in the following course competencies and scoring guide criteria:

• Competency 2: Evaluate the ethical implications of financial decisions.
• Evaluate the ethical and legal aspects of a case study.
• Competency 3: Analyze the financial operations of human service organizations.
• Evaluate the socioeconomic, racial, and gender disparities experienced by minority entrepreneurs.
• Competency 4: Analyze organizational fiscal management and control.
• Summarize a case study.
• Analyze accounting best practices related to internal controls, policies, and procedures for nonprofit organizations.
• Develop a financial management improvement plan.
• Competency 7: Communicate an organization’s financial position appropriately to boards, stakeholders, and the community.
• Apply APA style and formatting to scholarly writing.
• Convey purpose in a well-organized text, incorporating appropriate evidence and tone in grammatically sound sentences.

Case Study Analysis: Ethical Financial Management of a Nonprofit Daycare

Case Study Analysis: Ethical Financial Management of a Nonprofit DaycareCriteriaRatingsPtsSummarize a case study.

32 to >27.2 pts

DISTINGUISHED

Summarizes a case study. Identifies the relevant facts in the case study.

27.2 to >22.4 pts

PROFICIENT

Summarizes a case study.

22.4 to >0 pts

BASIC

Summarizes a case study, but the summary is incomplete, inaccurate, or otherwise flawed.

0 pts

NON_PERFORMANCE

Does not summarize a case study.

/ 32 pts

Evaluate the ethical and legal aspects of a case study.

32 to >27.2 pts

DISTINGUISHED

Evaluates the ethical and legal aspects of a case study. Cites sources to support the evaluation.

27.2 to >22.4 pts

PROFICIENT

Evaluates the ethical and legal aspects of a case study.

22.4 to >0 pts

BASIC

Evaluates the ethical and legal aspects of a case study, but the evaluation is incomplete, inaccurate, or otherwise flawed.

0 pts

NON_PERFORMANCE

Does not evaluate the ethical and legal aspects of a case study.

/ 32 pts

Evaluate the socioeconomic, racial, and gender disparities experienced by minority entrepreneurs.

32 to >27.2 pts

DISTINGUISHED

Evaluates the socioeconomic, racial, and gender disparities experienced by minority entrepreneurs. Cites sources to support the evaluation.

27.2 to >22.4 pts

PROFICIENT

Evaluates the socioeconomic, racial, and gender disparities experienced by minority entrepreneurs.

22.4 to >0 pts

BASIC

Evaluates some but not all of the socioeconomic, racial, and gender disparities experienced by minority entrepreneurs, or the evaluation is inaccurate or otherwise flawed.

0 pts

NON_PERFORMANCE

Does not evaluate the socioeconomic, racial, and gender disparities experienced by minority entrepreneurs.

/ 32 pts

Analyze accounting best practices related to internal controls, policies, and procedures for nonprofit organizations.

32 to >27.2 pts

DISTINGUISHED

Analyzes accounting best practices related to internal controls, policies, and procedures for nonprofit organizations. Cites sources to support the analysis.

27.2 to >22.4 pts

PROFICIENT

Analyzes accounting best practices related to internal controls, policies, and procedures for nonprofit organizations.

22.4 to >0 pts

BASIC

Analyzes accounting best practices related to internal controls, policies, and procedures for nonprofit organizations, but the analysis is incomplete, inaccurate, or otherwise flawed.

0 pts

NON_PERFORMANCE

Does not analyze accounting best practices related to internal controls, policies, and procedures for nonprofit organizations.

/ 32 pts

Develop a financial management improvement plan.

32 to >27.2 pts

DISTINGUISHED

Develops a financial management improvement plan. Cites sources to support the plan.

27.2 to >22.4 pts

PROFICIENT

Develops a financial management improvement plan.

22.4 to >0 pts

BASIC

Develops a financial management improvement plan, but the plan is incomplete, not workable, or otherwise flawed.

0 pts

NON_PERFORMANCE

Does not develop a financial management improvement plan.

/ 32 pts

Apply APA style and formatting to scholarly writing.

20 to >17 pts

DISTINGUISHED

Applies APA style and formatting to scholarly writing. Exhibits strict and nearly flawless adherence to stylistic conventions, document structure, and source attributions.

17 to >14 pts

PROFICIENT

Applies APA style and formatting to scholarly writing.

14 to >0 pts

BASIC

Applies APA style and formatting to scholarly writing incorrectly and/or inconsistently, detracting noticeably from good scholarship.

0 pts

NON_PERFORMANCE

Does not apply APA style and formatting to scholarly writing.

/ 20 pts

Convey purpose in a well-organized text, incorporating appropriate evidence and tone in grammatically sound sentences.

20 to >17 pts

DISTINGUISHED

Conveys clear purpose in a tone and style well suited to the intended audience. Supports assertions, arguments, and conclusions with relevant, credible, and convincing evidence. Exhibits strict and nearly flawless adherence to organizational, professional, and scholarly writing standards, including APA style and formatting.

17 to >14 pts

PROFICIENT

Conveys purpose in a well-organized text, incorporating appropriate evidence and tone in grammatically sound sentences.

14 to >0 pts

BASIC

Conveys purpose in an appropriate tone or style. Clear, effective communication is inhibited by insufficient supporting evidence and/or minimal adherence to applicable writing standards.

0 pts

NON_PERFORMANCE

Does not convey purpose in an appropriate

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Overview

In this assignment, you will analyze the ethical, legal, and financial challenges of a nonprofit daycare center presented in the following case study. Read the case study thoroughly, examine the current business practices, consider realistic alternative solutions, and propose an improvement plan.

For help with research, you may want to visit the

.

Case Study: Home-Based Nonprofit Daycare Center

Sally Smith is a teacher by trade and has owned and operated several daycare centers.

She has always wanted to start a nonprofit daycare to offer a safe place for the children of working unhoused or indigent mothers.

She converted the garage and first floor of her home into a daycare, obtained the necessary certifications, and opened the doors. She formed a 501(c)(3) entity with three officers, including Sally. Her other officers are her aunt Penny Page and her friend Jane Johnson, and they have had one board meeting. Sally is often short on donations and supplies, so she will often loan paper products and food from her personal pantry to assist the daycare.

Occasionally, she has to borrow back some supplies when she runs short herself. Sally is pleased with the number of donations of supplies and clothes she has been receiving from friends and church members, and last week she solicited contributions from the community and raised $2,000. One of her church members mentioned something about registration required for solicitations, but she has not had a chance to look into it yet.

Sally opened a bank account for the daycare but is so busy that she hasn’t prepared a budget or set up a bookkeeping system. Sally plans to evaluate her need for insurance. Several people have expressed an interest in her cause, and she plans to enlist them, as well as some friends and church members, to serve on her board once she gets a chance to get organized.

You may download the .

Instructions

Write a 68 page paper that includes the following headings and responds to the prompts included under each heading. In your paper use level-1 headings for each of the bold headings shown below. For more about level-1 headings, see

.

Title Page

Include the title of the paper, your name, the university and department name, the course number and title, the faculty member’s name, and the date. Follow APA formatting guidelines.

Introduction

Summarize the case study.

• Describe the contextual details and relevant facts of the case.
• Describe the main points to be addressed in this case study analysis.

Ethical and Legal Compliance

Evaluate the ethical and legal aspects of the case.

• Identify the most apparent ethical and legal issues in this case study.
• Analyze the root cause of the challenges in the case study.
• Evaluate the risks and potential consequences associated with the business practices.

Socioeconomic, Racial, and Gender Disparities

Evaluate the socioeconomic, racial, and gender disparities experienced by minority entrepreneurs.

• Identify the racial and/or gender disparities that are apparent or implied in this case.
• Describe disparities that exist in minority communities regarding access to capital, markets, and resources.
• Analyze aspects of socioeconomic disparities that are implied in this case.
• Explain how the socioeconomic disparities affect the minority entrepreneur’s ability to navigate the legal and regulatory aspects of starting a business.

Internal Controls for Nonprofit Financial Management

Analyze accounting best practices related to internal controls, policies, and procedures for nonprofit organizations.

• Describe the internal controls, policies, and procedures the board should establish to improve the financial management of the daycare center.
• Analyze how this daycare can ensure proper bookkeeping and accountability for the daycare center.

Financial Management Improvement Plan

Develop a financial management improvement plan.

• Explain what specific changes are required.
• Describe the steps that should be taken to make the required changes.
• Explain how the changes should be implemented.
• Describe the future changes you would recommend.

Conclusion

Summarize the main points of this case study analysis.

• Conclude with a strong statement.

Additional Requirements

• Paper Format: Use APA Level-1 headings (centered and bold).
• Document Length: 68 pages, not including the title page and reference page.
• Written Communication: Incorporate well-organized text, including appropriate evidence and tone in grammatically sound sentences.
• Ensure your sentences are clear and concise.
• Use correct grammar and punctuation.
• Use APA formatting for in-text citations and references. The
• can help with this.

Competencies Measured

By successfully completing this assignment, you will demonstrate your proficiency in the following course competencies and scoring guide criteria:

• Competency 2: Evaluate the ethical implications of financial decisions.
• Evaluate the ethical and legal aspects of a case study.
• Competency 3: Analyze the financial operations of human service organizations.
• Evaluate the socioeconomic, racial, and gender disparities experienced by minority entrepreneurs.
• Competency 4: Analyze organizational fiscal management and control.
• Summarize a case study.
• Analyze accounting best practices related to internal controls, policies, and procedures for nonprofit organizations.
• Develop a financial management improvement plan.
• Competency 7: Communicate an organization’s financial position appropriately to boards, stakeholders, and the community.
• Apply APA style and formatting to scholarly writing.
• Convey purpose in a well-organized text, incorporating appropriate evidence and tone in grammatically sound sentences.