Using Exhibit 11-4 Meals for the Homeless Statement of Functional Expenses.

1- Calculate program expenditure ratio and interpret it.

EXHIBIT 11-4 Meals for the Homeless Statement of Functional Expenses for the Year Ending December 31, 2017 Program Services Support Services Management Meals Counseling and General Fundraising Total Expenses Salaries and benefits Food Supplies nad brochures Office expenses Rent Professional fees Bad debts Depreciation Total expenses $35,000 $35,000 $40,000 $17,000 $127,000 17,000 6,000 6,000 18,000 3,000 4,000 10,000 $23,000 $191,000 17,000 2,000 1,000 1,000 1,000 14,000 1,000 1,000 1,000 2,000 3,000 2,000 3,000 1,000 4,000 10,000 $83,000 $38,000 $47,000