Common use of Management Summary Clause in Contracts

Management Summary. ‌ The [Non-Profit Organization] recognizes that in any growing organization management personnel often have to fill more than one role. As a result, a gap or gaps may exist until the Organization is developed enough to have a specific person for every task required. The [Non-Profit Organization] currently has everything covered and feels confident that each task is being handled competently by management and volunteers. The [Non-Profit Organization] has a board and a team that has considerable experience together and shares knowledge in many different fields of business and in life. Staff & Volunteer Plan‌ Management has adopted an effective interview process designed to staff the Non-Profit organization with highly qualified people for each position. Each applicant will be rated and evaluated according to a pre-defined set of standards designed for each position. Background checks will be utilized for designated positions. Recruiting efforts will always center on referrals. Staff Positioned Planned‌ (Note: Most nonprofit enterprises are organized similarly to regular for-profit companies. For example, both kinds of organizations will typically have management positions like executive directors, as well as jobs in accounting/bookkeeping, human resources, and media/technology. However, there are other jobs that are unique to the nonprofit sector, but which can generally be categorized into the existing typical corporate divisions. For example, the outreach coordinator in a nonprofit promotes the mission of the organization among the local community. For more information on each job title, check out the Bureau of Labor Statistics’ Occupational Outlook Handbook. • Administrator • Advisor • Advocacy Director • Assistant • Community Organizer • Community Outreach Advocate • Community Outreach Coordinator • Community Outreach Specialist • Coordinator • Coordinator of Planned Giving • Counselor • Development Officer • Director • Donor Relations Manager • Educator • Executive • Executive Director of Nonprofit • Fundraiser • Fundraising Coordinator • Fundraising Manager • Grant Administrator • Grant Coordinator • ▇▇▇▇▇ Proposal Manager • Grant Writer • Grant/Contracts Specialist • Housing Counselor • Lobbyist • Manager • Marketing Associate • Member Services Director • Membership Assistant • Nonprofit Fundraiser • Online Activist • Planning Manager • Program Associate • Program Officer for Foundation • Project Manager • Public Relations Manager • Recruiter • Social Media Coordinator • Social Worker • Specialist • Supervisor • Team Leader • Volunteer Coordinator • Volunteer Director • Volunteer Manager • Special Events Coordinator In order to execute on the [Non-Profit Organization]’s business model, the organization needs to perform many functions including the following: • Setting goals and objectives of the non-profit • Developing programs and services • Managing financial risk of the non-profit • Advocating for non-profit’s mission & vision • Fund raising and donor’s support The Market Size & Trends‌ • Approximately 1.56 million nonprofits were registered with the Internal Revenue Service (IRS) in 2015, an increase of 10.4 percent from 2005.2 • The nonprofit sector contributed an estimated $985.4 billion to the US economy in 2015, composing 5.4 percent of the country's gross domestic product (GDP). • Of the nonprofit organizations registered with the IRS, 501(c)(3) public charities accounted for just over three-quarters of revenue and expenses for the nonprofit sector as a whole ($1.98 trillion and $1.84 trillion, respectively) and just under two-thirds of the nonprofit sector's total assets ($3.67 trillion). • In 2017, total private giving from individuals, foundations, and businesses totaled $410.02 billion (Giving USA Foundation 2018), an increase of 3 percent from 2016 (after adjusting for inflation). According to Giving USA (2018) total charitable giving rose for the fourth consecutive year in 2017, making 2017 the largest single year for private charitable giving, even after adjusting for inflation. • An estimated 25.1 percent of US adults volunteered in 2017, contributing an estimated 8.8 billion hours. This is a 1.6 percent increase from 2016. The value of these hours is approximately $195.0 billion. 2 ▇▇▇▇▇://▇▇▇▇.▇▇▇▇▇.▇▇▇/publication/nonprofit-sector-brief-2018 The U.S. nonprofit sector has never had more assets at its disposal, but neither has it faced such pressing demands. During the boom years of the 1990s, the sector grew enormously. By 2000, nonprofit assets had reached $2 trillion, and total revenues exceeded $700 billion. And as the baby boomers move into their prime giving years over the next two decades, they are expected to bequeath or donate trillions of dollars. Unfortunately, the demands on nonprofits are growing as fast, if not faster. Pressures to cut government spending are shifting more social burdens onto charities—a trend that will intensify when the 76 million baby boomers start retiring and the government is forced to spend an even larger share of its resources on health care and pensions. As nonprofits are increasingly called upon to do more, it’s important to take a hard look at how the sector operates. 3 3 ▇▇▇▇▇://▇▇▇.▇▇▇/2003/05/the-nonprofit-sectors-100-billion-opportunity Demographics‌ Example 1:4 Population estimates, July 1, 2019, (V2019) NA Population estimates, July 1, 2018, (V2018) 200,591 Population estimates base, April 1, 2010, (V2019) NA Population estimates base, April 1, 2010, (V2018) 186,443 Population, percent change - April 1, 2010 (estimates base) to July 1, 2019, (V2019) NA Population, percent change - April 1, 2010 (estimates base) to July 1, 2018, (V2018) 7.60% Population, Census, April 1, 2010 186,440 Persons under 5 years, percent 6.40% Persons under 18 years, percent 20.60% Persons 65 years and over, percent 10.80% Female persons, percent 48.60% White alone, percent 73.10% Black or African American alone, percent 2.30% American Indian and Alaska Native alone, percent 1.40% Asian alone, percent 5.40% Native Hawaiian and Other Pacific Islander alone, percent 1.50% Two or More Races, percent 3.40% Hispanic or Latino, percent 21.60% White alone, not Hispanic or Latino, percent 65.40% Veterans, 2014-2018 7,012 Foreign born persons, percent, 2014-2018 16.70% Housing units, July 1, 2018, (V2018) X Owner-occupied housing unit rate, 2014-2018 48.40% Median value of owner-occupied housing units, 2014- 2018 $289,200 Median selected monthly owner costs -with a mortgage, 2014-2018 $1,534 Median selected monthly owner costs -without a mortgage, 2014-2018 $482 4 ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇/quickfacts/fact/table/saltlakecitycityutah/PST045219 Median gross rent, 2014-2018 $938 Building permits, 2018 X Households, 2014-2018 78,229 Persons per household, 2014-2018 2.43 Living in same house 1 year ago, percent of persons age 1 year+, 2014-2018 78.50% Language other than English spoken at home, percent of persons age 5 years+, 2014-2018 26.40% Households with a computer, percent, 2014-2018 92.80% Households with a broadband Internet subscription, percent, 2014-2018 81.80% High school graduate or higher, percent of persons age 25 years+, 2014-2018 88.50% Bachelor's degree or higher, percent of persons age 25 years+, 2014-2018 45.70% With a disability, under age 65 years, percent, 2014-2018 7.40% Persons without health insurance, under age 65 years, percent 15.10% In civilian labor force, total, percent of population age 16 years+, 2014-2018 71.20% In civilian labor force, female, percent of population age 16 years+, 2014-2018 64.80% Total accommodation and food services sales, 2012 ($1,000) 961,646 Total health care and social assistance receipts/revenue, 2012 ($1,000) 3,140,405 Total manufacturers shipments, 2012 ($1,000) 11,969,157 Total merchant wholesaler sales, 2012 ($1,000) 10,292,791 Total retail sales, 2012 ($1,000) 4,071,084 Total retail sales per capita, 2012 $21,504 Mean travel time to work (minutes), workers age 16 years+, 2014-2018 19.4 Median household income (in 2018 dollars), 2014-2018 $56,370 Per capita income in past 12 months (in 2018 dollars), 2014-2018 $34,711 Persons in poverty, percent 17.90% Total employer establishments, 2017 X Total employment, 2017 X Total annual payroll, 2017 ($1,000) X Total employment, percent change, ▇▇▇▇-▇▇▇▇ ▇ Total nonemployer establishments, 2017 X All firms, 2012 24,710 Men-owned firms, 2012 13,482 Women-owned firms, 2012 6,970 Minority-owned firms, 2012 3,327 Nonminority-owned firms, 2012 19,325 Veteran-owned firms, 2012 1,969 Nonveteran-owned firms, 2012 20,510 Population per square mile, 2010 1,678.00 Land area in square miles, 2010 111.11 FIPS Code "4967000" Salt Lake City demographics profile5 Population 191,446 2,948,427 318,558,162 Population density (sq mi) 1,722 40 91 Median age 31.8 30.3 37.7 Male/Female ratio 1.1:1 1.0:1 1.0:1 Married (15yrs & older) 46% 60% 55% Families w/ Kids under 18 47% 51% 43% Speak English 73% 85% 79% Speak Spanish 16% 10% 13% 5 ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/salt+lake+city-ut/demographics/ Salt Lake City, UT has a population of 191,446 and is the 127th largest city in the United States. The population density is 1,722 per sq mi which is 4204% higher than the Utah average and 1800% higher than the national average. The median age in Salt Lake City is 32 which is approximately 5% higher than the Utah average of 30. In Salt Lake City, 46% of the population over 15 years of age are married, 73% speak English, and 16% speak Spanish. 48% of Salt Lake City residents were born in Utah, 34% were born out of state, 1% were born outside of the United States, and 18% were foreign born. Target Market‌ The [Non-Profit Organization] will focus on (i.e. youth, families, low-income individuals, group organizations, donors, supporters) such as, (i.e. private donors and business in the community) that want to participate in helping in our organizations cause. The target market is: • [insert] • [insert]

Appears in 1 contract

Sources: Confidentiality Agreement

Management Summary. The [Non-Profit Organization] recognizes that in any growing organization management personnel often have to fill more than one role. As a result, a gap or gaps may exist until the Organization is developed enough to have a specific person for every task required. The [Non-Profit Organization] currently has everything covered and feels confident that each task is being handled competently by management and volunteers. The [Non-Profit Organization] has a board and a team that has considerable experience together and shares knowledge in many different fields of business and in life. Staff & Volunteer Plan‌ Plan Management has adopted an effective interview process designed to staff the Non-Profit organization with highly qualified people for each position. Each applicant will be rated and evaluated according to a pre-defined set of standards designed for each position. Background checks will be utilized for designated positions. Recruiting efforts will always center on referrals. The [Non-Profit Organization] knows that having a personnel plan is in good proportion to the size of the non-profit organization. The staff will include both full-time employees and part-time employees, who will work various shifts based on peak hours and need. Staff Positioned Planned‌ Planned (Note: Most nonprofit enterprises are organized similarly to regular for-profit companies. For example, both kinds of organizations will typically have management positions like executive directors, as well as jobs in accounting/bookkeeping, human resources, and media/technology. However, there are other jobs that are unique to the nonprofit sector, but which can generally be categorized into the existing typical corporate divisions. For example, the outreach coordinator in a nonprofit promotes the mission of the organization among the local community. For more information on each job title, check out the Bureau of Labor Statistics’ Occupational Outlook Handbook. Administrator Advisor Advocacy Director Assistant Community Organizer Community Outreach Advocate Community Outreach Coordinator Community Outreach Specialist Coordinator Coordinator of Planned Giving Counselor Development Officer Director Donor Relations Manager Educator Executive Executive Director of Nonprofit Fundraiser Fundraising Coordinator Fundraising Manager Grant Administrator Grant Coordinator ▇▇▇▇▇ Proposal Manager Grant Writer Grant/Contracts Specialist Housing Counselor Lobbyist Manager Marketing Associate Member Services Director Membership Assistant Nonprofit Fundraiser Online Activist Planning Manager Program Associate Program Officer for Foundation Project Manager Public Relations Manager Recruiter Social Media Coordinator Social Worker Specialist Supervisor Team Leader Volunteer Coordinator Volunteer Director Volunteer Manager Special Events Coordinator In order to execute on the [Non-Profit Organization]’s business model, the organization needs to perform many functions including the following: • Setting goals and objectives of the non-profit Developing programs and services Managing financial risk of the non-profit Advocating for non-profit’s mission & vision Fund raising and donor’s support The Market Size & Trends‌ • Approximately 1.56 million nonprofits were registered with the Internal Revenue Service (IRS) in 2015, an increase of 10.4 percent from 2005.2 • The nonprofit sector contributed an estimated $985.4 billion to the US economy in 2015, composing 5.4 percent of the country's gross domestic product (GDP). • Of the nonprofit organizations registered with the IRS, 501(c)(3) public charities accounted for just over three-quarters of revenue and expenses for the nonprofit sector as a whole ($1.98 trillion and $1.84 trillion, respectively) and just under two-thirds of the nonprofit sector's total assets ($3.67 trillion). • In 2017, total private giving from individuals, foundations, and businesses totaled $410.02 billion (Giving USA Foundation 2018), an increase of 3 percent from 2016 (after adjusting for inflation). According to Giving USA (2018) total charitable giving rose for the fourth consecutive year in 2017, making 2017 the largest single year for private charitable giving, even after adjusting for inflation. • An estimated 25.1 percent of US adults volunteered in 2017, contributing an estimated 8.8 billion hours. This is a 1.6 percent increase from 2016. The value of these hours is approximately $195.0 billion. 2 ▇▇▇▇▇://▇▇▇▇.▇▇▇▇▇.▇▇▇/publication/nonprofit-sector-brief-2018 The U.S. nonprofit sector has never had more assets at its disposal, but neither has it faced such pressing demands. During the boom years of the 1990s, the sector grew enormously. By 2000, nonprofit assets had reached $2 trillion, and total revenues exceeded $700 billion. And as the baby boomers move into their prime giving years over the next two decades, they are expected to bequeath or donate trillions of dollars. Unfortunately, the demands on nonprofits are growing as fast, if not faster. Pressures to cut government spending are shifting more social burdens onto charities—a trend that will intensify when the 76 million baby boomers start retiring and the government is forced to spend an even larger share of its resources on health care and pensions. As nonprofits are increasingly called upon to do more, it’s important to take a hard look at how the sector operates. 3 3 ▇▇▇▇▇://▇▇▇.▇▇▇/2003/05/the-nonprofit-sectors-100-billion-opportunity Demographics‌ Example 1:4 Population estimates, July 1, 2019, (V2019) NA Population estimates, July 1, 2018, (V2018) 200,591 Population estimates base, April 1, 2010, (V2019) NA Population estimates base, April 1, 2010, (V2018) 186,443 Population, percent change - April 1, 2010 (estimates base) to July 1, 2019, (V2019) NA Population, percent change - April 1, 2010 (estimates base) to July 1, 2018, (V2018) 7.60% Population, Census, April 1, 2010 186,440 Persons under 5 years, percent 6.40% Persons under 18 years, percent 20.60% Persons 65 years and over, percent 10.80% Female persons, percent 48.60% White alone, percent 73.10% Black or African American alone, percent 2.30% American Indian and Alaska Native alone, percent 1.40% Asian alone, percent 5.40% Native Hawaiian and Other Pacific Islander alone, percent 1.50% Two or More Races, percent 3.40% Hispanic or Latino, percent 21.60% White alone, not Hispanic or Latino, percent 65.40% Veterans, 2014-2018 7,012 Foreign born persons, percent, 2014-2018 16.70% Housing units, July 1, 2018, (V2018) X Owner-occupied housing unit rate, 2014-2018 48.40% Median value of owner-occupied housing units, 2014- 2018 $289,200 Median selected monthly owner costs -with a mortgage, 2014-2018 $1,534 Median selected monthly owner costs -without a mortgage, 2014-2018 $482 4 ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇.▇▇▇/quickfacts/fact/table/saltlakecitycityutah/PST045219 Median gross rent, 2014-2018 $938 Building permits, 2018 X Households, 2014-2018 78,229 Persons per household, 2014-2018 2.43 Living in same house 1 year ago, percent of persons age 1 year+, 2014-2018 78.50% Language other than English spoken at home, percent of persons age 5 years+, 2014-2018 26.40% Households with a computer, percent, 2014-2018 92.80% Households with a broadband Internet subscription, percent, 2014-2018 81.80% High school graduate or higher, percent of persons age 25 years+, 2014-2018 88.50% Bachelor's degree or higher, percent of persons age 25 years+, 2014-2018 45.70% With a disability, under age 65 years, percent, 2014-2018 7.40% Persons without health insurance, under age 65 years, percent 15.10% In civilian labor force, total, percent of population age 16 years+, 2014-2018 71.20% In civilian labor force, female, percent of population age 16 years+, 2014-2018 64.80% Total accommodation and food services sales, 2012 ($1,000) 961,646 Total health care and social assistance receipts/revenue, 2012 ($1,000) 3,140,405 Total manufacturers shipments, 2012 ($1,000) 11,969,157 Total merchant wholesaler sales, 2012 ($1,000) 10,292,791 Total retail sales, 2012 ($1,000) 4,071,084 Total retail sales per capita, 2012 $21,504 Mean travel time to work (minutes), workers age 16 years+, 2014-2018 19.4 Median household income (in 2018 dollars), 2014-2018 $56,370 Per capita income in past 12 months (in 2018 dollars), 2014-2018 $34,711 Persons in poverty, percent 17.90% Total employer establishments, 2017 X Total employment, 2017 X Total annual payroll, 2017 ($1,000) X Total employment, percent change, ▇▇▇▇-▇▇▇▇ ▇ Total nonemployer establishments, 2017 X All firms, 2012 24,710 Men-owned firms, 2012 13,482 Women-owned firms, 2012 6,970 Minority-owned firms, 2012 3,327 Nonminority-owned firms, 2012 19,325 Veteran-owned firms, 2012 1,969 Nonveteran-owned firms, 2012 20,510 Population per square mile, 2010 1,678.00 Land area in square miles, 2010 111.11 FIPS Code "4967000" Salt Lake City demographics profile5 Population 191,446 2,948,427 318,558,162 Population density (sq mi) 1,722 40 91 Median age 31.8 30.3 37.7 Male/Female ratio 1.1:1 1.0:1 1.0:1 Married (15yrs & older) 46% 60% 55% Families w/ Kids under 18 47% 51% 43% Speak English 73% 85% 79% Speak Spanish 16% 10% 13% 5 ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/salt+lake+city-ut/demographics/ Salt Lake City, UT has a population of 191,446 and is the 127th largest city in the United States. The population density is 1,722 per sq mi which is 4204% higher than the Utah average and 1800% higher than the national average. The median age in Salt Lake City is 32 which is approximately 5% higher than the Utah average of 30. In Salt Lake City, 46% of the population over 15 years of age are married, 73% speak English, and 16% speak Spanish. 48% of Salt Lake City residents were born in Utah, 34% were born out of state, 1% were born outside of the United States, and 18% were foreign born. Target Market‌ The [Non-Profit Organization] will focus on (i.e. youth, families, low-income individuals, group organizations, donors, supporters) such as, (i.e. private donors and business in the community) that want to participate in helping in our organizations cause. The target market is: • [insert] • [insert]Trends

Appears in 1 contract

Sources: Confidentiality Agreement