Most, if not all, other aid associations buy their peanuts from lower cost, higher-quality providers, but there are good reasons for HHC to buy local peanuts even though they cost more. First, do a quantitative cost-benefifit analysis of buying local peanuts rather than foreign peanuts. Next, identify other qualitative costs and benefifits such as those affecting local farmers, the economic viability of the country, and HHCs relationship with UNICEF.

EXHIBIT 2 (continued) Panel B: HHC's Income Statements for Fiscal Years Ending 9/30/13 and 9/30/14 Year Ended 9/30/2013 9/30/2014 Support and Fundraising: Contributions Grants Mamba sales Interest income Other income Non-cash contributions Total support and revenue Cost of Goods Sold: Peanuts Other ingredients Direct labor Overhead $525,145 224,689 2,038,990 2,343 18,321 49,500 $2,858,988 $482,299 111,890 2,119,567 4,432 13,689 35,324 $2,767,201 $189,296 68.599 767,543 1,140,984 $2,166,422 $32,802 $2.199.224 $201.379 64,408 860,545 1,188,372 $2,314,704 $36,588 $2,351,292 165,229 155.556 203,128 241,213 Cost of Goods Sold Other program expenses Total program expenses Support Expenses General and administrative Fundraising Total support expenses Total expenses Change in net assets Net assets, beginning of period Net assets, end of period $444,341 $2,795,633 $320,785 $2,520,009 338.979 3,571,052 $3,910,031 (28,432) 3,910,031 $3,881,599 EXHIBIT 2 (continued) Panel B: HHC's Income Statements for Fiscal Years Ending 9/30/13 and 9/30/14 Year Ended 9/30/2013 9/30/2014 Support and Fundraising: Contributions Grants Mamba sales Interest income Other income Non-cash contributions Total support and revenue Cost of Goods Sold: Peanuts Other ingredients Direct labor Overhead $525,145 224,689 2,038,990 2,343 18,321 49,500 $2,858,988 $482,299 111,890 2,119,567 4,432 13,689 35,324 $2,767,201 $189,296 68.599 767,543 1,140,984 $2,166,422 $32,802 $2.199.224 $201.379 64,408 860,545 1,188,372 $2,314,704 $36,588 $2,351,292 165,229 155.556 203,128 241,213 Cost of Goods Sold Other program expenses Total program expenses Support Expenses General and administrative Fundraising Total support expenses Total expenses Change in net assets Net assets, beginning of period Net assets, end of period $444,341 $2,795,633 $320,785 $2,520,009 338.979 3,571,052 $3,910,031 (28,432) 3,910,031 $3,881,599