Extensive information about local charities can be obtained on the Internet. Visit GuideStar at www.guidestar.org. Select two

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Extensive information about local charities can be obtained on the Internet. Visit GuideStar at www.guidestar.org. Select two not-for-profit health and welfare organizations that have a similar mission and are of relatively similar size (e.g., the Parkinson’s Disease Foundation and the American Parkinson Disease Association). Suppose that you are an analyst for a foundation, and you are concerned with the long-term fiscal viability of the two entities.
1. Compare the two as to:
a. Proportion of resources directed to fund-raising
b. Proportion of resources directed to program activities
c. Percentage of revenues from contributions and grants
d. Percentage of revenues from user charges and other sources
e. Short-term liquidity
f. Burden of debt
g. Adequacy of fiscal resources
h. Current fiscal performance
2. Comment on which appears to be the more fiscally sound.

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Government and Not-for-Profit Accounting Concepts and Practices

ISBN: 978-1119495857

8th edition

Authors: Michael H. Granof, Saleha B. Khumawala, Thad D. Calabrese, Daniel L. Smith

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