Performance Measures in NPOs .pptx

Npo

1. STRATEGIC PERFORMANCE MEASURES IN NPOs

2. Despite the fact that the non-profit organizations does not need to earn a profit, it doesn’t free them from a responsibility towards the contributor of funds. They are fiducially responsible to provide reasonable assurance to the contributors that their funds are applied for the advancement of the stated purpose, and up to which scale such purpose is attained. In order to establish a measurable link between resources spent and the purpose attained, the performance of an NPO need to be measured. Introduction

3. Value for Money (VFM) Framework Kaplan’s Adapted Balanced Scorecard Other Performance Measures Models for Measuring the Performance

4. NPOs are expected to provide the best possible value from the available limited money. VFM framework ensures the three (3) E s : Effectiveness : Spend Wisely (an output measure , the goal approach ) Efficiency : Spend Well (a link between input and output factor, as process approach ) Economy: Spend Less (as an input measure, the resource approach ) Now two more Es have been added, i.e., Equity (spend fairly) and Ethics (spend properly). Value for Money Framework

5. Presented by: Aditya Gona Articled Assistant APT AND CO LLP Date: 16-02-2024