Question: 14-7 Performance measure: Information from the 2010 form 990 and the 2010 annual report...
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Question: 14-7 Performance measure: Information from the 2010 form 990 and the 2010 annual report for feeding america, follows. Use the following information to complete the exercise. A. Compute the following performance measures using the Form 990 data presented and comment on what information they convey to a potential donor whit out comparing them to prior years or other comparable agencies. 1 .Current ratio- liquidity 2. Revenues/expenses going concern 3. Program expenses/total expenses- program effectiveness 4. Fund-raising expenses/public support B. Using the annual financial statement provided in this exercise, calculate the same ratio listed in requirement a. Comments on any differences. C. Discuss the advantages of analyzing financial performances using audited annual financial statement information versus IRS form 990 information
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Question: 14-7 Performance measure: Information from the 2010 form 990 and the 2010 annual report for feeding america, follows. Use the following information to complete the exercise. A. Compute the following performance measures using the Form 990 data presented and comment on what information they convey to a potential donor whit out comparing them to prior years or other comparable agencies. 1 .Current ratio- liquidity 2. Revenues/expenses going concern 3. Program expenses/total expenses- program effectiveness 4. Fund-raising expenses/public support B. Using the annual financial statement provided in this exercise, calculate the same ratio listed in requirement a. Comments on any differences. C. Discuss the advantages of analyzing financial performances using audited annual financial statement information versus IRS form 990 information