Comportamento dos índices financeiros em uma organização do terceiro setor: um estudo de caso em uma fundação de apoio - FUNCERN

Abstract

The participation of the Foundations of Support in the development of teaching, research and extension activities with the Federal educational institutions are expressive each year, therefore, it is of primary importance that the Foundations adopt a management system capable of making them self-sustaining by identifying in its statements possible points for a better adaptation of its administrative processes. There are deficiencies in the management of these institutions, as well as the difficulty of raising their own resources. Through this mechanism, it is possible to verify that the organization's operations generate results, if they only cover their costs, or even if they are unable to cover their costs. The entity in question is FUNCERN, the IFRN Support Foundation. The theoretical foundation evidences the origin, concepts and scope of the Third Sector, and also dealing with the legislation that regulates the Foundations of Support. The methodology focuses on the bibliographic review on the subjects, besides an empirical research, being necessary adaptations for the economic evaluation of the entity. This paper aims to present the importance of the financial analysis to a Third Sector Organization, to elaborate and analyze the financial performance indicators. Finally, the strategy used to prepare the research is a case study, referring to the 2014, 2015 and 2016 financial years. The information collected was done through documentary research in the accounting reports and internal documents. Evaluations were carried out on the statements with the original data. Finally, Third Sector Organizations should be analyzed and managed as real companies, since they have social assets and given their importance to society as a whole, thus ensuring their continuity, that is, their financial sustainability.