Lori Koenig is the executive director of the Mid-Atlantic Region of I-Care, a not-for-profit group that facilitates corneal transplants and healthy vision. The group is best known for collecting corneas from the recently deceased, storing them safely, and moving them to the hospitals with patients who need corneas.
I-Care operates three separate, but related, programs. The first harvests eyes from cadavers and transports them for transplantation. The second is an educational outreach program aimed at young children. This program conducts free eye tests and stresses the importance of proper eye care. The third program targets senior citizens, testing for age-related degenerative eye diseases.
Each program is funded by grants from individuals, charities, and the government. Indeed, fund raising is one of I-Care’s more important activities. There are little, if any, direct revenues from any of its three programs.

Required:
Discuss the budgeting and reporting requirements for I-Care and how they might differ from those in a for-profit organization.