Using the following facts, calculate the total program, management and general and fundraising expenses that should be reflected on the Organization's statement of activities for the following expenditures. Please show any supporting calculations for partial credit. 1) The Organization's total salary costs is comprised of: a) $150,000 for the Executive Director. Per a time study, the Executive Director spends 30% of her time directly conducting program activities, 20% of her time directly supervising program employees, 5% of her time managing the organization's various government grants and contracts, 10% of her time assisting the Human Resources Director with managing staffing and human resources, 20% of her time performing fundraising activities, and 15% of her time performing administrative functions. b) Two program directors who are paid $60,000 and $85,000, respectively. Per a time study, the program director that was paid $60,000 spends 80% of their time directly conducting program activities. 15% of their time managing a government grant supporting the program, and 5% of their time on administrative functions. Per a time study, the program directors that was paid $85,000 spends 50% of their time directly conducting program activities, 20% directly supervising program employees, 20% of their time on administrative functions and 10% of their time assisting the Development Director with the organization's largest fundraising event. d) $130,000 for a Development Director. Per a time study, he spends 70% of his time soliciting grants and other contributions, 20% of his time planning fundraising events, 5% of his time reporting on the outcomes of the government grants received (which the Organization considers to be crucial to fulfilling the organization's mission) and 5% generating the Organization's annual report for donors and other supporters. d) $70,000 for a Human Resources Director. Per a time study, she spends 65% indirectly assisting program employees, 20% indirectly assisting development employees, and 15% indirectly assisting administrative employees. e) $50,000 for a Volunteer Coordinator. Per a time study, she spends 65% of his time recruiting volunteers to assist with both programmatic and fundraising activities, 25% directly supervising them conducting program activities and 10% directly supervising them conducting special event and fundraising activities. f) $115,000 for a CFO. Per a time study, he spends 20% of his time processing payroll, 30% of his time reconciling contribution revenue, 15% of his time reconciling government grant revenue, 15% of his time providing the financial elements for the various grant reports, 10% of his time reconciling and monitoring the organization's investment portfolio, 5% performing general recordkeeping and 5% preparing the organization's annual budget. 2) $16,000 of advertising costs, which consist of $6,000 of advertising costs to encourage patrons to buy tickets to the Organization's annual theatrical program and $10,000 to encourage patrons to attend the Organization's special events 3) Three fundraising events are held during the year - one peripheral, incidental events that cost $5,000 as well as two major, ongoing events that costs $60,000 and $45,000, respectively 4) Occupancy and general office expenses of $110,000. The Organization has analyzed the square footage of their facility and determined that 10% of the space is used by the Executive Director and 5% of the space is used by each of the following employees: the Human Resources Director, the Development Director, the Volunteer Coordinator and the CFO. The remaining 70% is used by the Program Directors. The Organization has elected to further allocate these cost based on how the employees using their respective space spent their time. STATEMENT OF FUNCTIONAL EXPENSES: Salary costs Advertising Fundraising events Occupancy and general office expenses TOTAL Program Management & General Fundraising Total /6 points /1 point /1 point /3 points Salary Allocation: Executive Director Program Directors Development Director Human Resource Director Volunteer Coordinator CFO TOTAL Program Management & General Fundraising TOTAL Occupancy and General Office Expenses Allocation: Executive Director Program Directors Development Director Human Resource Director Volunteer Coordinator CFO TOTAL Program Management & General Fundraising TOTAL (1 point each) (1 point each) (1 point each) (1 point each) (1 point each) (1 point each) (0.5 points each) (0.5 points each) (0.5 points each) (0.5 points each) (0.5 points each) (0.5 points each)