Magnolia Therapeutic Solutions Essay Example for Free

Magnolia therapeutical Solutions EssayTherapeutic Solutions is a nonprofit organization in New York City that specializes in psychotherapy for individuals diagnosed with Post traumatic Syndrome Disorder (PTSD). The organization was created in 1998 by Mary Stewart. Mary recognized a significant motivation for therapeutic services in NYC for individuals suffering from PTSD.Despite a large body of research masking the positive effects of psychotherapy on PTSD symptoms, at the time, there were very few organizations in NYC that specialized in the use of professional psychotherapeutic services to work with PTSD individuals. Seizing the fortune to grant a much needed service, Mary established Magnolia Therapeutic Solutions (henceforth referred to as Magnolia) and ran the organization as the Executive Director.Due to the unique position of the organization and a number of funding sources willing to provide start-up grants to Magnolia, the organization grew quite quickly. In 1998, the organization began with six employees, and each employee wore many different hats to ensure the sustainability and yield of the organization. However, by 2000, the organizations staff size had grown to 34. Thanks to the continued growth of shoot for services and the tangential supply of grant m hotshoty, the organization was performing quite well.Staff members were now no longer required to perform more than their main task, the annual budget was now over $1. 3 million, and the organization had already accredited many prestigious awards and accolades for the services that they have performed for NYC. On September 11, 2001, NYC suffered one of the most devastating roleplays of terror ever inflicted on the United States. The NYC local government was quick to act and immediately called in a variety of services to provide assistance in the overall easiness effort.Magnolia, having been noted for its specialty in PTSD services, was asked to attend to the needs of the upsurge of i ndividuals suffering from PTSD because of the terrorist attack. NYC provided a siz qualified, 1-year grant to the organization to help it meet capacity issues that resulted from increased demand for services. Subsequently, Magnolia hired more counselors and use the remaining grant money to increase other administrative services within the organization.The assistance Magnolia was able to provide to the PTSD victims of the terrorist attack was substantial. Considering the great success that the organization enjoyed, when constructing the 2002 budget, Mary insisted that Magnolia included the 1-year grant that it received for 2001 because she believed that the grant would be renewed for 2002. Additionally, despite the ailing economy, Mary placed steeper demands on the increase department to raise even more money than 2001 by budgeting anticipated grant revenue high for 2002.The total budget was $2 million dollars and was approved by the organizations board of directors. If you were on the board faced with the decision to approve or reject this budget, what would you do? Ultimately, the organization suffered a $500,000 dearth in the 2002 budget when the large city grant was not renewed and revenue fell condensed of predictions. Subsequently, Mary was forced to layoff one third of the staff. This had a very large and negative affect on the remaining staff and caused the organization to stagnate over the next few years.