Question
Hello, Can anyone Please help me with my CAFR Assignment, I need brief page or so paper so i can expand on it. The Assignment
Hello, Can anyone Please help me with my CAFR Assignment, I need brief page or so paper so i can expand on it. The Assignment is based on non profit oragnization, Goodwill, Annual report is availeble here: http://www.goodwill.org/wp-content/uploads/2015/07/2015-Annual-Report_lr.pdf
Here is full Requirement for the Assignment, I need it by the end of today any help greatly appriciated:
For the Not-for-Profit analysis due in Week 7, the main objective of the assignment is to select a not-for-profit organization and identify that organization's mission statement, and then describe the extent to which their mission and goals were accomplished, using information obtained on the entity and their financial data. You will need to identify your own criteria for evaluation of the mission statement, measure achievement, and offer a conclusion on the evidence presented. Questions you should answer in your analysis include:
A. Did the organization turn a profit, sustain a loss, or break even? Was this appropriate given the circumstances the organization is facing?
B. Would you invest, give, or donate to the organization? Why or why not?
C. What is your assessment of the overall financial health of the organization, and what is their economic outlook? (Hint: you might use ratio analysis to form your thoughts and conclusions)
D. How much money was spent on administrative and overhead costs versus program costs? How does this affect the organization's ability to serve it's constituents?
E. What are the positive and negative internal and external factors that have impacted the entity? What is the organization doing to overcome these challenges?
F. What are their streams of revenue and funding structure? How much of that revenue is from fundraising efforts, grants (federal, corporate, and foundations), and charges for program services, etc.? Is the division of revenue streams appropriate based on their mission and goals?
G. How did they get started? What is the catalyst that drove formation of the organization?
Here are some recommended resources for obtaining information and use on your selected nonprofit:
1. Website. That's a given.
2. Financial statements and/or annual report. Use the most current report as well as consider using the prior 2 or 3 periods for comparative information. I do not want financial statements reproduced in your paper. However, I do encourage discussion of financial information as well as the use of graphs and charts or condensed financial information to give additional insights on their financial performance and trend analysis.
3. Form 990 federal return. There is a lot of good information on this form if you can retrieve it. Many entities do not make this publicly available because there can be sensitive salary information contained in it. You can also try and use Guidestar.com to obtain the Form 990. I caution you that some of the free information on the website can be outdated. I do not recommend paying for information just for the sake of this paper.
4. Strategic planning documents. Sometimes these can be available on the entity's website, and sometimes not. But if you can find a strategic plan, it will be immensely helpful in answering the main objective of the assignment.
5. Interview a Board Member, the Executive Director/CEO, Director of Finance/CFO, or Director of Development/Fundraising. Yes - actually call them up and reach out to them! These folks are often anxious to talk about and promote their organization, and would be happy to take the time to answer your questions and educate you about their mission and goals.
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