Internal Analysis of Harley Davidson
By: Monika • Case Study • 314 Words • December 6, 2009 • 1,746 Views
Essay title: Internal Analysis of Harley Davidson
Nonprofit America is being pressured to be more accountable to its principals. Donors, taxpayers, regulators, and legislators are demanding greater transparency from nonprofits, in both finances and operations. Donors increasingly want to know how much value their contributions are creating. Non-profit sector is also under pressure from the Sarbanes-Oxley Act of 2002. Although most Sarbanes-Oxley rules apply only to for-profit firms, but the law in practicality clearly applies to all enterprises. Nonprofit directors drawn from the corporate world are now asking why the law's reforms shouldn't apply to nonprofits as well.
Fraud, ineffectiveness, and abuse are common in the charitable sector over the years, and nonprofit executives have also taken advantage of donors by using donations without providing the actual purpose. The non-profit executives have also failed to fully disclose their compensation. Three factors are drawing attention to the nonprofit sector:
1. questionable growth of not-for-profit organizations
2. tax issues
3. trust issues
According to the article in the last five years, the ranks of registered nonprofits have swelled from 1.2 million to 1.4 million, up 17 percent. Revenues have increased by 50% where as