Question
The board of directors of Earth Rock's!, a nonprofit organization focused on environmental protection, hypothesizes that individuals are more likely to donate if they see
The board of directors of Earth Rock's!, a nonprofit organization focused on environmental protection, hypothesizes that individuals are more likely to donate if they see evidence that their donations are used primarily for program activities rather than administrative and fund-raising costs. To get a sense of how its own cost structure compares to other groups, the board decides to benchmark the financial performance of Earth Rocks! against several other environmental organizations. The data for Earth Rocks! and the other environmental organizations appear below
Program Expenditures | Fund-raising Costs | Administrative Costs | Total Costs | |
Earth Rocks | 374,900 | 98,000 | 121,400 | 594,300 |
Weed Lovers | 421,000 | 104,300 | 98,350 | 623,650 |
Flora and Fauna | 353,000 | 97,600 | 71,840 | 522,840 |
Leaf It Be | 501,900 | 89,000 | 109,750 | 700,650 |
Nature's Gift | 455,470 | 71,000 | 82,450 | 608,920 |
Use these data to benchmark Earth Rocks! against the other environmental organizations. How does Earth Rocks! compare to the other environmental groups?
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