USA Triathlon: A 2010–2015 case study of financial performance using effectiveness indicators and efficiency. Issue 7 (10th September 2018)

• Record Type: Journal Article
• Authors: Omondi-Ochieng, Peter
• Is Part Of: International journal of productivity and performance management. Volume 67:Issue 7(2018)
• Page Start: 1192
• Page End: 1213
• Publication Date: 2018-09-10
• Subjects: Financial performance -- Non-profit organization -- Financial efficiency -- Financial effectiveness; Industrial productivity -- Periodicals; Performance -- Management -- Periodicals; Performance -- Measurement -- Periodicals; Time study -- Periodicals; Motion study -- Periodicals; 658.3125
• DOI: 10.1108/IJPPM-09-2017-0240
• Languages: English
• ISSNs: 1741-0401

Abstract

Abstract : Purpose: The purpose of this paper is to examine the 2010–2015 financial performance (FP) of the national non-profit USA Triathlon (UST) using financial effectiveness (FE) indicators and financial efficiency (FY) ratios. Design/methodology/approach: Archival data were used together with a case study method. FP was evaluated by net income; FE was indicated by total assets and total revenues, while FY was examined by program services ratios and support services ratios. Findings: On average, the FP of the organization was positive ($2, 100, 591 net income per year), FE was moderate (66 percent increases in assets and revenues) and the FY was mixed (80 percent revenues spent on program services with an impressive return on asset of 14 percent). Research limitations/implications: By using case study method, the results may not be generalizable to other national non-profit sports organizations with non-financial objectives. Practical implications: The results revealed that overall FP is a product of both FE and FY, making the study valuable to managers who are often faced with unreliable financial resources. Originality/value: The study utilized both FE and FY measures to evaluate the FPs of UST – a major shortfall in similar studies.