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0.113 is the Fund-raising Efficiency ratio for ABC Not-for-Profit on the assignment called 6-2 Connect Assignment. However, my teacher claims that the Fund-raising Efficiency ratio
0.113 is the Fund-raising Efficiency ratio for ABC Not-for-Profit on the assignment called 6-2 Connect Assignment. However, my teacher claims that the Fund-raising Efficiency ratio on another assignment is 9.63 instead of of 0.096. Should the Fund-raising Efficiency ratio be 0.096? Or should it be 1.00? Or should it be 9.63?
Fund-raising-Efficiency Formula 1 Fund-raising Expenses is actually = Fund-raising Expenses Total Contributions Public Support = Fund-raising Efficiency ABC Not-for-Profit: ABC Not-for-Profit Temporarily Statement of Activities Unrestricted Restricted Fund-raising 465,300 Contribution revenues 3,363,100 $ 744,800 $465.300 $3,363,100 + $744,800 $465,300 $4,107,900 =-0.1132695549 1 Round to the nearest hundredths place, so it is 0.113.1 1 =-0.1137 V0.113 is the-Fund-raising Efficiency of ABC Not-for-Profit. VABC Not-for-Profit-spends more than $0.11 to raise a dollar of contributions. Fundraising Efficiency Ratio Formula Fund-raising expense is actually Fund-raising expense Public Support Total Contributions (Total Contribution Revenues) Public-Support-is-Total Contributions (or-Total-Contribution-Revenues). Total: Contributions (or Total-Contribution-Revenues) is obtained by adding the dollar amounts- associated with the revenue-accounts called-Contributions-Without-Donor Restrictions and Contributions-With-Donor Restrictions. Total Contributions Formula =-Contributions-Without-Donor Restrictions +Contributions-With Donor Restrictions =-Total-Contributions = $378.820+$38.1001 =-$416,9201
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