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Analyze the overall financial position and performance of Code 4 Change. The financial statements are available in the excel file in Canvas. In your assessment
Analyze the overall financial position and performance of Code 4 Change. The financial statements are available in the excel file in Canvas. In your assessment include your analysis on the profitability of the organization, and make reference to each of the following ratios. 1. (1 point) Common size ratios for the statements of financial position and statement of activities. 2. (1 point) Liquidity ratios 3. (1 point) Fixed asset turnover ratios 4. (1 point) Program service ratio 5. (1 point) Leverage ratios Code 4 Change Statements of Financial Position as of March 31, 2021 and 2020 $ $ $ $ Total $ $ $ $ $ Total $ Assets Cash and Equivalents Interest and dividends receivable Pledges receivable - net of assessment fees and allowance for uncollectible pledges of $49,161 in 2021 and $464,486 in 2020 Prepare expenses and other Investments Liabilities and Net Assets Liabilities Accounts payable Annuity payment liability Total Liabilities Net Assets without donor restrictions 2021 1,909,606 $ 61,244 $ 373,788 $ 16,244 $ 10,944,924 $ 13,305,806 $ 202,631 $ 3,857,262 $ 4,059,893 $ 9,245,913 $ 13,305,806 $ 2020 1,044,193 52,582 358,632 25,367 9,653,039 11,133,813 172,567 3,679,148 3,851,715 7,282,098 11,133,813 Code 4 change Statement of Activities Support and Revenue: Contributions - net of assessment fees and uncollectible pledges of $428,587 in 2021 and $433,252 in 2020 $ $ Contributions of charitable gift annuities Bequest $ Investment income - net $ Total support and revenue $ Expenses Program services $ Management and general $ Fundraising $ Total expenses $ Change in Net Assets before Change in Unrealized Appreciation of Investments $ Change in Unrealized Appreciation of investments $ Change in Net Assets $ Net Assets - beginning of the year $ Net Assets- end of the year $ 2021 2020 4,771,172 $ 2,654,400 241,245 $ 178,626 2,178,924 $ 32,436,803 766,580 $ 384,670 7,957,921 $ 35,654,499 6,053,675 $ 34,754,236 85,933 $ 75,499 179,277 $ 168,316 6,318,885 $ 34,998,051 1,639,036 $ 656,448 324,779 $ 428,159 1,963,815 $ 1,084,607 7,282,098 $ 6,197,491 9,245,913 $ 7,282,098
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