The Financial Aspect of Non_Governmental Organizations:

Aim: Non-governmental organizations as part of the third sector have become an important factor in the public life of modern countries. This emerging wave can be noticed especially in the South-East Europe in the transition period. In this context, the aim of the paper is to analyse the financial a...

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Main Author: Tatjana Stanimirović
Format: Article
Language:English
Published: University of Ljubljana Press (Založba Univerze v Ljubljani) 2021-11-01
Series:Central European Public Administration Review
Subjects:
Online Access:https://journals.uni-lj.si/CEPAR/article/view/20539
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author Tatjana Stanimirović
author_facet Tatjana Stanimirović
author_sort Tatjana Stanimirović
collection DOAJ
description Aim: Non-governmental organizations as part of the third sector have become an important factor in the public life of modern countries. This emerging wave can be noticed especially in the South-East Europe in the transition period. In this context, the aim of the paper is to analyse the financial aspect of the NGOs' business model, exposing cumulative data for the last 11 years in Slovenia. Design/Methodology/Approach: Based on the financial data obtained, the paper reveals the structure of financial resources of Slovenian NGOs, delving into total amounts, as well as trends of changes for specific resources.  Using descriptive methodology, it focuses mainly on dissection of resources provided from public finance. Findings: The results show that in 2019 NGOs in Slovenia achieved almost 1 billion euro of total revenues, after they were increasing rapidly in the hole observed period (2009-2019). As far as resources obtained from public finances are concerned, the amount is higher at governmental level provided by ministries then at the local level received from municipalities, what has not been the case before year 2019.  Practical implications:  The challenge for further research is the in-depth study of Slovenian NGOs’ financial strategy focusing on the challenge of bidirectional financing as well as analysis of public services provided by NGOs at the moment compared to services needed in the future. Originality/value: The paper is the pioneer attempt among scientific papers to analyse the financing of NGOs in Slovenia.
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language English
publishDate 2021-11-01
publisher University of Ljubljana Press (Založba Univerze v Ljubljani)
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spelling doaj-art-44a7d6a3dcd44309b2aabdc4c7cba1a42025-01-22T10:50:26ZengUniversity of Ljubljana Press (Založba Univerze v Ljubljani)Central European Public Administration Review2591-22402591-22592021-11-0119210.17573/cepar.2021.2.05The Financial Aspect of Non_Governmental Organizations:Tatjana Stanimirović0https://orcid.org/0000-0003-4528-8725University of Ljubljana, Faculty of Public Administration, Slovenia Aim: Non-governmental organizations as part of the third sector have become an important factor in the public life of modern countries. This emerging wave can be noticed especially in the South-East Europe in the transition period. In this context, the aim of the paper is to analyse the financial aspect of the NGOs' business model, exposing cumulative data for the last 11 years in Slovenia. Design/Methodology/Approach: Based on the financial data obtained, the paper reveals the structure of financial resources of Slovenian NGOs, delving into total amounts, as well as trends of changes for specific resources.  Using descriptive methodology, it focuses mainly on dissection of resources provided from public finance. Findings: The results show that in 2019 NGOs in Slovenia achieved almost 1 billion euro of total revenues, after they were increasing rapidly in the hole observed period (2009-2019). As far as resources obtained from public finances are concerned, the amount is higher at governmental level provided by ministries then at the local level received from municipalities, what has not been the case before year 2019.  Practical implications:  The challenge for further research is the in-depth study of Slovenian NGOs’ financial strategy focusing on the challenge of bidirectional financing as well as analysis of public services provided by NGOs at the moment compared to services needed in the future. Originality/value: The paper is the pioneer attempt among scientific papers to analyse the financing of NGOs in Slovenia. https://journals.uni-lj.si/CEPAR/article/view/20539financing, non-governmental organizations (NGO), public funds, private funds
spellingShingle Tatjana Stanimirović
The Financial Aspect of Non_Governmental Organizations:
Central European Public Administration Review
financing, non-governmental organizations (NGO), public funds, private funds
title The Financial Aspect of Non_Governmental Organizations:
title_full The Financial Aspect of Non_Governmental Organizations:
title_fullStr The Financial Aspect of Non_Governmental Organizations:
title_full_unstemmed The Financial Aspect of Non_Governmental Organizations:
title_short The Financial Aspect of Non_Governmental Organizations:
title_sort financial aspect of non governmental organizations
topic financing, non-governmental organizations (NGO), public funds, private funds
url https://journals.uni-lj.si/CEPAR/article/view/20539
work_keys_str_mv AT tatjanastanimirovic thefinancialaspectofnongovernmentalorganizations
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