Drama, Film, and Mass Communication homework help

Drama, Film, and Mass Communication homework help. TABLE 9.4Financial Statement for a Small Nonprofit OrganizationfigureThe profit margin ratio is problematic because the nonprofit had a slight deficit this year. Questions that need to be answered include: Is this loss a one-time event or has this nonprofit been in this situation before? Is this nonprofit building intergenerational equity over time? What is the trend over five or ten years?Looking at the degree of diversity in revenues, the analyst can see that this nonprofit organization depends heavily on government contracts; in contrast, contributions are quite a small proportion of the revenues. Certainly, the nonprofit would benefit from a greater emphasis on contributions.It is possible to conclude that, although the nonprofit does not have immediate concerns about liquidity and solvency, this nonprofit organization needs to stabilize its profit margin and improve its sustainability of resources through revenue diversification. More could be learned through an in-depth examination of the sources and uses of revenue.TABLE 9.5Statement of Financial Position (Balance Sheet) for a Small Nonprofit OrganizationÿCurrent assets ÿÿÿ ÿCash ÿÿÿ $271,671Temporary cash investments ÿÿÿ 619,941Accounts receivable ÿÿÿ 45,918Pledges receivable ÿÿÿ 183,962Prepaid expenses ÿÿÿ 168,270ÿÿÿ Total current assets ÿÿÿ $1,289,762ÿ ÿÿÿ ÿLong-term assets ÿÿÿ ÿInvestments ÿÿÿ $2,033,200Land, buildings ÿÿÿ 1,612,164Other assets ÿÿÿ 30,751ÿÿÿ Total long-term assets ÿÿÿ $3,676,115ÿ ÿÿÿ ÿÿÿÿ Total assets ÿÿÿ $4,965,877Current liabilities ÿÿÿ ÿAccounts payable ÿÿÿ $200,000Accrued expenses ÿÿÿ 48,695Total current liabilities ÿÿÿ $248,695Long-term liabilities ÿÿÿ ÿMortgage ÿÿÿ $381,458ÿÿÿÿÿÿ Total liabilities ÿÿÿ $630,153ÿ ÿÿÿ ÿNet assets ÿÿÿ ÿUnrestricted ÿÿÿ $2,509,727Temporarily restricted ÿÿÿ 825,997Permanently restricted ÿÿÿ 1,000,000ÿÿÿ Total net assets ÿÿÿ $4,335,724ÿ ÿÿÿ ÿÿÿÿ Total liabilities and net assets ÿÿÿ $4,965,877ÿTABLE 9.6Statement of Activities (Income Statement) for a Small Nonprofit OrganizationÿRevenue ÿÿÿ ÿÿÿ Contributions ÿÿÿ $565,032ÿÿ Grants ÿÿÿ 1,182,215ÿÿ Government contracts ÿÿÿ 1,459,639ÿÿ Fees and membership dues ÿÿÿ 529,243ÿÿ Interest and gains ÿÿÿ 86,637ÿÿÿÿÿ Total revenue ÿÿÿ $3,822,766ÿ ÿÿÿ ÿExpenses ÿÿÿ ÿÿÿ Salaries ÿÿÿ $2,187,465ÿÿ Benefits ÿÿÿ 475,454ÿÿÿÿÿ Total PS ÿÿÿ $2,662,919Chen, G., G., Forsythe, W., D., Weikart, A., L., Williams, W., D. (06/2008). Budget Tools: Financial Methods in the Public Sector, 1st Edition. [Strayer University Bookshelf]. Retrieved from https://strayer.vitalsource.com/#/books/9781483304571/

Drama, Film, and Mass Communication homework help