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Given the recent Covid - 1 9 pandemic and the ensuing economic downturn, Midtown Soup Kitchen would like to provide meals in a new location.
Given the recent Covid pandemic and the ensuing economic downturn, Midtown Soup Kitchen would like to provide meals in a new location. The initial study shows that the fixed costs, including the rent, equipment, and personnel costs, are $ per month. The facility can serve meals per day days a month, and there is more demand than the kitchen can supply. The variable cost is the food cost, which is approximately $ per meal, and the city is willing to support the project. You are preparing a budget application to the city. How much support will you need from the city to make this project break even for your nonprofit financially?
Given the recent Covid pandemic and the ensuing economic downturn,
Midtown Soup Kitchen would like to provide meals in a new location. The initial study shows that the fixed costs, including the rent, equipment, and personnel costs, are $ per month. The facility can serve meals per day days a month, and there is more demand than the kitchen can supply. The variable cost is the food cost, which is approximately $ per meal, and the city is willing to support the project. You are preparing a budget application to the city. How much support will you need from the city to make this project break even for your nonprofit financially?
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