Calculate the ratio of the program service expenses to the total expenses. Keep track of the results in a chart that includes the name of the organization, the website where the financial information was found, the three items in step 2, and the calculated program expense ratio.
Once you have been approved by the instructor to proceed with your organizations, find the line item totals for the following in the financial statements/annual report: Total revenue, Program service expenses, and Total expenses. Calculate the ratio of the program service expenses to the total expenses. Keep track of the results in a chart that […]