Question
Use 2015 Form 990 and the 2016 annual report for Feeding America. Although the Form 990 indicates it is for 2015, it is actually for
Use 2015 Form 990 and the 2016 annual report for Feeding America. Although the Form 990 indicates it is for 2015, it is actually for the period July 1, 2015, to June 30, 2016, the same time period as the 2016 annual report.
Required
a) Compute the following performance measures using the Form 990.
1) Current Assets/Current Liabilities
2)Total Revenues/Total Expenses
3)Program Expenses/Total Expenses
4)Fund-raising expenses/Public Support
B) Using the annual financial statements, calculate the following performance measures.
1) Current Assets/Current Liabilities
2)Total Revenues/Total Expenses
3)Program Expenses/Total Expenses
4)Fund-raising expenses/Public Support
Use x
FEEDING AMERICA Statements of Financial Position Jume 30, 2016 and 2015 (In thousands Contriloations receivable, net Furmiture and equipment, net of accurwilatod depreciason of $3,766 and $3,199 in Accounts payable and accrued expenses Curseat portion of leases payable Other obligations 95.265216 FEEDING AMERICA Statements of Activities Years ended June 30, 2016 aad 2015 (n honsaxs 2015 Temperarily Peraanentty nestrieted Donated poods and senices 2233.351 Net assets released from restriction Total public support ande Loss on dispostion of turaiture atd equpme Net assers at beginning of year Not asseta at end of year FEEDING AMERICA Statements of Financial Position Jume 30, 2016 and 2015 (In thousands Contriloations receivable, net Furmiture and equipment, net of accurwilatod depreciason of $3,766 and $3,199 in Accounts payable and accrued expenses Curseat portion of leases payable Other obligations 95.265216 FEEDING AMERICA Statements of Activities Years ended June 30, 2016 aad 2015 (n honsaxs 2015 Temperarily Peraanentty nestrieted Donated poods and senices 2233.351 Net assets released from restriction Total public support ande Loss on dispostion of turaiture atd equpme Net assers at beginning of year Not asseta at end of yearStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started