Review the financial statements of the March of Dimes for 2013 as presented in Table 12-8.
1. Comment as best you can (even in the absence of guidelines as to what constitutes norms for comparable foundations) on the fiscal strength of the organization as of December 31, 2013, with respect to:
a. Liquidity
b. Burden of debt relative to assets
c. Adequacy of available resources to meet expenditures
d. Current fiscal performance as indicated by surpluses or deficits
e. Riskiness of revenue stream
2. Comparing 2013 versus 2012's results, do you see any changes that could be detrimental to the foundation's ability to achieve its mission?